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Employee Banking – Alfalah Islamic Business Way (Payroll)Employee Banking – Alfalah Islamic Business Way (Payroll)

Employee Banking – Alfalah Islamic Business Way (Payroll)

In a financial landscape that often feels disjointed and complex, Bank Alfalah Islamic Employee Banking stands as a pillar of streamlined efficiency and tailored solutions; also invites salaried individuals to a world of banking convenience with a host of attractive products and exclusive services. Since its inception in 2014, the program has experienced consistent and impressive growth and ranking among the fastest-rising portfolios in the Employee Banking (Payroll) and Institutional Sales space.

For the valued employees of our Institutional clients, Bank Alfalah Islamic offers a symphony of financial well-being. Step into a world where your financial needs including payroll management are met with dedicated support, tailored solutions, and a comprehensive suite of Shariah-compliant products.

At Bank Alfalah Islamic, we understand the importance of time and convenience, especially for busy professionals. That’s why we offer a unique service: opening payroll accounts directly at your place of business, eliminating the need for time-consuming visits to the bank. The program’s offering includes but is not limited to benefits such as:

  • Free Issuance of Cheque Book
  • Free Issuance of Banker’s Cheque
  • Free Issuance of Duplicate Banker’s Cheque*
  • Free Cancellation of PO/DD/Banker’s Cheque*
  • Free Issuance of ATM/Debit Card (Classic, Gold or PayPak)
  • Free Cash Withdrawals from any bank’s ATM across Pakistan
  • Free Account Statements (Semi-annually)
  • Free Online Transactions Across Pakistan
  • Free Internet Banking & Alfa (Mobile App) registration
  • On-Site Account Opening
  • On-Site Cheque Book and Debit Card Delivery
  • Round the clock phone banking support

Additionally, through your payroll account you can also avail the following privileges:

Complimentary Takaful Coverage

  • Mobile Phone Takaful 
  • ATM withdrawal / Over-the-Counter Transactions Takaful
  • Loss of Personal Documents / Wallet 
  • Accidental Death Coverage 
  • Free of Cost Video Consultations with Certified Doctors

All Employee Banking (Payroll) customers are eligible to receive Takaful Coverage with no minimum / Average balance requirements.

Transactional Privileges

  • A Full Suite of Internet Banking services
  • Bill Payments via Bank Alfalah ATMs*
  • Interbank Funds Transfer via Bank Alfalah ATMs* 
  • Single & Tier-based Savings Account products
  • Competitive Term Deposits varying from 1 month to 5 years with flexibility in profit payments
  • Locker Facility at a nearby branch as per your employees’ convenience*
  • A dedicated Relationship Manager for banking facilitation

*Charges would be applicable as per the prevailing bank’s Schedule of Charges (SoC). Lockers are subject to availability.

For further details, please reach out to us at employee.banking@bankalfalah.com, or dial 111-225-111 for further information.

Terms and conditions apply

Apply Now Or you can apply for Employee Banking – Alfalah Islamic Business Way (Payroll) at the branch.