Manage your savings with convenience
An efficient tool that manages your savings while catering to your day-to-day transactional needs.
Apply Now Compare Account- No Minimum Balance Requirement
- Debit Card Facility
- Free AL Habib Mobile & Netbanking Facility
- Free E-Statements
- Up to 90% Financing Against Deposit
- Free Life Insurance*
- SMS Alerts Facility
- Cheque Book Facility
- Bi-Annual Profit Payout
- Profit calculated on monthly average balance
Note: PayPak is the default Debit Card offered to the customers. However customers may opt for other card schemes i.e. VISA & UnionPay Debit Cards, charges will be applicable as per prevailing Schedule of Bank Charges.
Free Life and Disability Insurance Cover
It gives us great pleasure to inform our valued customers that Bank AL Habib has arranged Absolutely Free Insurance Cover for our existing account holders.
- Claim is eligible after 30 Days of Account Opening
- Claims payable on 90 Days of Average Balance in Account
- Maximum Claim on Accidental Death - PKR 4 Million
- Maximum Claim on Natural Death / Permanent Disability - PKR 2 Million
- In a Joint Account, any one of the account holders is covered
- Age Limit - 18 to 60 Years
- The insurance cover is provided to the extent of the average balance maintained in the account during the last 90 days in the case of Natural death and Permanent Disability, whereas in the case of Accidental Death, the coverage provided is double.
We are offering this service to our valued customers as a token of appreciation for their trust and confidence placed in us.
- 9.50% p.a
On Average Monthly Balance. (Applicable from June 01, 2025. The Indicative rate of profit is current and subject to change).
For individual accounts
- Original CNIC along with verified copy
- Job Card / Job Letter and Salary Slip for Salaried individual
- Any other proof of income
- In case of exemption from Zakat, Zakat declaration on Bond Paper or attested copy of duly executed affidavit.
- In case of Non-Muslim exemption from Zakat declaration on plain paper.
For Sole Proprietor accounts
- Original CNIC along with verified copy
- Proprietary rubber stamp
- Copy of NTN (attested by Notary Public)
- Certificate or proof of membership of trade bodies etc., (wherever applicable.)
- Request for Opening of Account on letter head
For Partnership Accounts
- CNIC copy of all partners (verified)
- Partnership Rubber Stamp
- Request for Opening of Account on letter head
- Operating Instruction on Letter Head.
- Partnership Letter on Letter Head (Signed by all partners)
- Partnership Deed (verified)
- Attested copy of Registration Certificate issued by Registrar of Firms in case of registered firm. In case the partnership is unregistered, this fact shall be clearly mentioned on the Account Opening Form
- NTN Copy (verified)
For Companies Account
- Certificate of Incorporation (attested by company secretary)
- Resolution of Board of Directors
- Complete Memorandum and Articles of Association (attested by SECP & 1st and last page to be attested by company secretary)
- Form-29 (attested by company secretary and SECP)
- List of Directors (attested by company secretary)
- Copy of CNIC’S of all Directors (attested by company secretary).
- NTN Certificate (attested)
- Form-A & CNIC copies of shareholders holding mo5re than 10 % shares
- CRS form for tax residency self-certification
- All documents must be attested by company secretary / Director / CEO.
- Articles & Memorandum of Association, Form-A & Form-29 should be attested by Securities and Exchange Commission of Pakistan (SECP)
- Non-resident Pakistanis (NRPs)*
- Foreign nationals except those who have obtained work visa/permit to work in Pakistan
- Firms, companies, etc. which are incorporated/registered outside Pakistan
Non- Resident Rupee Account can be opened and maintained by the following individuals and entities other than banks:
* A person shall be treated as non-resident if his/her period of stay in Pakistan during a calendar year is less than 183 days, in aggregate.
NRP falling in any one of the above category can open the following types of Non- Resident Rupee Account
- Non-resident Rupee Account-Repatriable (NRAR)
- Non-resident Rupee Account-Non-Repatriable (NRAN)
How To Open Your PLS Saving Account
Visit the nearest Bank AL Habib Branch or Download Account Opening form online and submit the duly completed form with all supporting documents at any Bank AL Habib Branch.
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