A product designed exclusively for women, the FWBL PEARL Account offers a host of valuable services and discounts. It is available both in Accounts and TDR. Women can open an account with PKR 100/-. However, in TDR, women can take advantage of a loan against TDR.

Women can access benefits such as:

⦁ Free Locker* PKR 1,000,000 and Above (TDR Only)
⦁ Free Issuance of PayPak Debit card (Insurance Coverage of PKR 100,000 -
Ages 18 to 65 Years)
⦁ Free SMS Alerts
⦁ Free Access to Internet Banking & Mobile Banking

*Subject to availability

No, FWBL Pearl is for women exclusively and the Joint Account can be opened with other female (adult) family members.

To open an FWBL PEARL Account, the following documents are required:

⦁ Your national identity document (CNIC, Smart Card, etc.)
⦁ Your source of funds (for example your salary slip, remittance slip, etc.)
⦁ Your proof of residence (for example utility bills such as electricity, gas)

In case the source of funds is through a dependent, their source of funds’ proof will be required. Additional documents may be required, depending on a case-to-case basis.

The Account offers monthly profit payment.

If the TDR is prematurely encashed within three months of booking, the profit rate will be applied as per the booking rate minus 2.5%. Likewise, profit will be disbursed to the depositor as per the booking rate minus 2% if the TDR is prematurely encashed after three months of its placement.

Zakat will be deducted on the TDR as on the valuation date of the Zakat year from the profit of the Term Deposit on face value as per the rules. Withholding Tax will be deducted from the profit of the Term Deposit as per the rules.

90% financing is available on the TDR and, to avail a loan, women need to complete the formalities/legal requirements of the Bank.

Further clarification can be sought by referring queries to FWBL branches or FWBL Phone Banking: 021-111-11-3925 or 0331-3925-111.