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Bank Alfalah Islamic Asaan Remittance Savings AccountBank Alfalah Islamic Asaan Remittance Savings Account

Bank Alfalah Islamic Asaan Remittance Savings Account

Opening a bank account without any hassle! With minimal documentation open your Bank 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 Bank Alfalah Islamic Asaan Remittance Savings Account at the branch.