Effortless Shariah-compliant Savings for New Account Holders
Designed for Pakistani nationals opening an account for the first time, the account offers straightforward process along with valuable features and free benefits.
Apply Now Compare Account- One Page Account Opening Form
- Account can be opened with PKR 5/- only
- Deposit are accepted on Mudarabah basis
- Profit will be calculated on monthly average balance
- No minimum balance requirement
- No restriction on number of transactions
- Deposit may be provided as security for allowing limits under Shariah Compliant modes of Finance
- Free Online Banking
- Free Cheque Book*
- Free Internet Banking
- Free E-Statement
- Free ATM/Debit Card (PayPak / UnionPay)
- Mobile Banking and SMS alert facility
- Withholding tax on Profit and Zakat will be applicable as per laws
- Takaful based Life Insurance coverage
- Maximum Credit Balance Limit of Rs. 1,000,000/-
- Total Debit per month of Rs.1,000,000/-
* Customer can avail free services and PayPak Debit card on the condition of maintaining a minimum monthly average balance of PKR 25,000/-, However, you can also opt for a Visa or UnionPay card charges will be applicable as per prevailing Schedule of Bank Charges.
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.
For Individual Accounts
- Original CNIC along with a verified
- Job Card / Job Letter and Salary Slip for Salaried individual
- Any other proof of income
- For Sole Proprietor accounts
- Original CNIC along with a verified copy
- Propitiatory 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
How To Open Your Islamic Asaan 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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