- OVERVIEW
- FEATURES
- ELIGIBILITY CRITERIA
- FAQs
The ideal account for customers who would like a simple bank account for their banking needs. In compliance with the directives of the State Bank of Pakistan via BPD Circular No. 30, issued on November 29, 2005, the Basic Banking Account was launched. This product has been introduced to facilitate the low-income group as well as existing account holders who wish to convert their regular savings or current account into a Basic Banking Account.
KEY FEATURES
- Open an account with just PKR 1,000
-
Avail up to two chequing withdrawals in a month (for more transactions,
charges applicable as per the prevalent Schedule of Bank Charges)
- No minimum balance requirement
-
Account will be closed by the Bank if there is no balance in the account
for a continuous period of six months
HOW TO APPLY
Visit any nearby branch and apply.
* Terms and Conditions apply
* Terms and Conditions apply
- All (with a low income)
Who can open this Account?
This account can only be opened by individuals.
How many transactions are allowed in this account?
2 free deposits and 2 free withdrawal transactions every month.