Alfalah Islamic Asaan Remittance Savings Account

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Opening a bank account without any hassle! With minimal documentation open your Alfalah Islamic Asaan Savings Account today.

Eligibility Criteria	All Pakistani Nationals with CNIC/NICOP/SNIC.
Initial Deposit	PKR 100/-
Product Features	Profit-bearing single tier account No minimum balance requirement Profit is calculated on average monthly balance Profit disbursement semi-annually Cash withdrawal and fund transfer Limit of up to PKR 500,000 per day Local credits are allowed of up to PKR 1,000,000 per month Maximum credit balance of PKR 3,000,000/- No commercial remittance allowed
Benefits	Free first chequebook Free online banking nationwide Free e-statements SMS alert on every transaction VISA Debit/ATM Card accepted at over 30 million outlets and more than 2 million ATMs worldwide Complimentary account statement semi-annually
Additional Benefits	On maintaining, an average monthly balance of PKR 10,000/- in your checking account, get free accidental death and permanent disability takaful coverage of up to PKR 2 Million. On maintaining a minimum monthly average balance of PKR 1m or equivalent FCY deposit in current/savings/term deposit accounts, avail numerous free services as per our preferred banking services.
Underlying Principle	This product is based on the concept of Mudarabah

Note:

Profit calculation & distribution will as per prevailing pool management guidelines
All the free services are subject to the terms and conditions as per prevailing Schedule of Charges
Withholding Tax and Zakat is applicable as per existing policy of Government

Apply Now Or you can apply for Alfalah Islamic Asaan Remittance Savings Account at the branch.