A Hassle-Free Remittance Solution
Open an account with a one-page form and receive money from loved ones abroad conveniently.
Apply Now Compare Account- For the unbanked/under banked population receiving Home Remittances only from family members residing abroad
- No initial deposit or minimum balance requirement
- No charges at opening or closure of account
- Cash withdrawal limit of Rs. 500,000 per day
- Transfer limit of Rs. 500,000 per day
- Total Credit Balance Limit of Rs. 3,000,000/-
- Free Cheque Book* , Banker’s Cheque, Online banking, Internet Banking
- Free E-statements
- Mobile Banking & SMS Alert Facility
- Free ATM/Debit Card (PayPak)*
- Account is for individuals, resident Pakistani nationals only
- Simple and easy account opening with minimum requirements
- Deposits accepted on the principle of Qard
- Direct and instant credit to account
- Deposit may be provided as security for allowing limits under Shariah Compliant modes of Finance
- Local Credits of Rs. 1,000,000/- per month
* Customer can avail free Pay Pak debit card and Cheque Book on condition of maintaining minimum monthly average balance of PKR 25,000/-. However, they can also opt for Visa or Union Pay debit card. Charges will be applicable as per prevailing Schedule of Bank Charges.
* Terms & Conditions apply
You can also open this account online through AL Habib Digital Account.
Note: Minimum Monthly average balance requirement of PKR 5,000 to avail Free PayPak Debit Card, First Cheque Book & Life Takaful
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:
- New accounts eligible after 30 continuous days of opening of account.
- Claims payable on the basis of 90 days of average balance in customer account.
- Maximum claim payable on Natural Death / Permanent Disability - PKR 2 Million.
- Maximum claim payable on Accidental Death - PKR 4 Million.
- In case of joint account, any one of the account holders will be covered.
- Admissible age limit of claim - 18 to 60 years.
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.
- Computerized/Smart National Identity Card (CNIC/SNIC)
- National Identity Card for Overseas Pakistanis (NICOP)
- Passport copy (for non-resident)
- Child Registration Certificate/B-Form /Student ID card (For Minor)
How To Open Your Islamic Asaan Remittance Current 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.
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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