Timely Pensions with Exclusive Benefits
Ensures that Armed Forces personnel receive their pension funds timely and conveniently.
Apply Now Compare Account- Free PayPak ATM/Debit Card
- Free Cheque Book
- Free Internet Banking / Mobile Banking
- Free e-Statements
- Individual single account only
- No minimum balance requirement
- No charges on opening and closure of account
- SMS Alerts Facility
- Banker’s Cheques Facility (Pay Orders)
- Online Banking Facility
Free Life and Disability Takaful Cover
It gives us great pleasure to inform our valued customers that Bank AL Habib has arranged Absolutely Free Takaful Cover to our current account holders. Salient features of this takaful policy are as under:
- Account holder is not eligible for Free Life Insurance in this account.
The takaful cover is provided to the extent of average balance maintained in the account during last 90 days in case of Natural death and Permanent Disability, whereas in case of Accidental Death the coverage provided is double.
We are offering this service to our valued customers as a token of appreciation of their trust and confidence placed in us.
- Copy of valid CNIC / SNIC / NICOP/ SNICOP as required for Pakistani Nationals or Passport.
- Successful Biometric Verification. In case Biometric verification cannot be performed due to genuine reasons or technical issues, verification of ID document will be performed using Verisys as referred in FAQs of Biometric Verification.
- PPO - Pension Payment Order (Optional)
- Pension Book and Pension Certificate (Optional)
- Non-Marriage certificate (if applicable)
- Life certificate / Non-Marriage certificate after every six months on or before 10th March and on or before 10th Sept). In case of widow/widower, unmarried daughter or sister, a Non-marriage certificate will be submitted by the pensioner in addition of Life/ survival certificate.
- Zakat declaration on Bond Paper or attested copy of duly executed affidavit (In case of Zakat exemption by Muslim)
- In case of Non-Muslim exemption from Zakat declaration on plain paper
- Duly signed Foreign Account Tax Compliance Act (“FATCA”) Form
- Photocopy of Option form duly signed by the pensioner as per Instruction Circular No. 202 dated December 11, 2014.
- FIU watch list and Debarred Screen shots.
- Duly signed Self-Certification Form (CRS Individual / Proprietorship Tax Residency)
- Indemnity Form on judicial paper of PKR 50(fifty) irrespective of monthly pension drawn to keep the bank indemnified about liabilities with all sums of money whatsoever including additional amount of his/her Pension Account. The pensioner would further undertake that his/her legal heirs, successors, executors shall be liable to refund excess amount, if any, credited this/her Pension Account either in full or in installments (as agreed mutually) equal to such excess amount
How To Open Your Islamic Armed Forces Pensioner Current
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.
Fee & Charges will be levied according to bank`s prevailing schedule of charges.
All taxes will be imposed as per government regulation and directives by State Bank of Pakistan.
Fee & Charges will be levied according to bank`s prevailing schedule of charges. All taxes will be imposed as per government regulation and directives by State Bank of Pakistan.
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