Saving can be difficult, so we made it simpler, easier, and convenient for you with Alfa Savings Account.
- With Alfa Savings Account, earn profit daily!
Simply open an Alfa Savings Account now in just 5 minutes from your mobile, deposit money & earn high return on savings every month!
Profit calculation is done on a daily basis on your day-end balance. Profit will be disbursed monthly on the 1st of every month.
Balance Band Rate Rs 0-9,999 5.50% Rs 10,000-49,999 5.75% Rs 50,000-99,999 6.00% Rs 100,000-249,999 6.10% Rs 250,000+ 6.20%
How to open account?
1. Download Alfa:
2. Sign up for a new Alfa Savings Account (Save & Transact)
3. Enter Details
4. Deposit funds into your Alfa Savings Account (Online transfer, Branch, CDM Machine or Agent Shop)
5. Earn up to 6.20% monthly return on savings
Terms & Conditions Apply*
*Profit will be paid as per the prevailing Bank Alfalah Limited’s deposit rate which may be subject to change, as per Bank Alfalah Limited’s discretion, with or without any further notice and no commitment is made herein in respect of the same.
**Profit pay-out on deposits is governed by account limit balances by the state bank regulations for Branchless Banking Accounts. Profit pay-out is
based on approximations and the calculation is done on the balance maintained for the entire month.
- Open your Alfa Savings Account in a few minutes
Enjoy the convenience of opening your savings account directly from your phone.
- Easy on-boarding process
Become an account holder with an easy 4 step on boarding process through the Alfa App.
What you need:
– Mobile number
– CNIC issuance date
– Place of birth
– City of stay
– Father’s name
– Mother’s maiden name
Click here for a step-by-step guide on how to open an Alfa Savings Account.
- No minimum balance requirement
No minimum balance is required to open your account
- Save & Transact
With your Alfa Savings Account, use your savings to make every day transactions including Utility Bill Payments, Mobile top-ups, Ordering food, buying Netflix and Playstore Vouchers and so much more.
Click here to view daily & monthly transaction limits and how to upgrade.
- Deposit funds into your Alfa Savings Account
You can Directly deposit via Online Transfer (Inter Bank Funds Transfer), Cash deposits via any Bank Alfalah branch, Cash deposit machines and agent shops near your home to make saving simple and easy.