Alfa Savings AccountAlfa Savings Account

Alfa Savings Account

Open an Alfa Savings Account on Your Mobile Now!

Saving is difficult, so we made it simpler, easier, and convenient for you. Simply open your Alfa Savings Account now in just 5 minutes!

  • Earn the highest saving rate in the market
    With Alfa Savings Account, earn profit at a rate higher than the market!
    Profit calculation is done on a daily basis on your day-end balance. Profit will be disbursed monthly on the 1st of every month.

    Account Balance Rate Profit on the Maximum Balance maintained in the tier (Monthly)**
    0-9,999 11.25%* PKR 92
    10,000 – 99,999 16.00%* PKR 1,315
    100,000+ 11.25%* PKR 925

    *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:
    – CNIC
    – 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.

Start Saving with Alfa Savings Account today!

Download the Alfa App Now

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