Alfalah Islamic Asaan Digital Remittance Current Account

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Alfalah Islamic Asaan Digital Remittance Current Account

Open a bank account without much hassle! With minimal documentation and no initial deposit, open your Alfalah Islamic Asaan Digital Remittance Current Account today. Designed especially for beneficiaries of Home Remittance the product offers convenient everyday banking for customers.

Eligibility Criteria	All Resident Pakistanis..
Initial Deposit	NIL
Product Features	Maximum credit balance limit of PKR 3,000,000/- Cash withdrawal limit of PKR 500,000/- per day Fund transfer limit of PKR 500,000/- per day from ADRA to any other account Note: This account may also be fed through local credit to the extent of PKR 1,000,000/- per month. No commercial remittances shall be deposited in the account
Benefits	Digital on-boarding through RAPID 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 Qard