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Alfalah Islamic Asaan Remittance Savings AccountAlfalah Islamic Asaan Remittance Savings Account

Alfalah Islamic Asaan Remittance Savings Account

Opening a bank account without any hassle! With minimal documentation open your Alfalah Islamic Asaan Savings Account today.

Eligibility Criteria All Pakistani Nationals with CNIC/NICOP/SNIC.
Initial Deposit NIL
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 Alfalah Islamic Asaan Remittance Savings Account at the branch.

Select Your Country

PAKISTAN

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UAE

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