Simplifying your remittances, digitally
AL Habib Remit Account facilitates in receiving remittances directly into your account from your loved ones abroad through safety and convenience. The account offers various value added features.
Apply Now- FREE PayPak Debit Card
- FREE Cheque Book
- FREE Life Insurance*
- FREE E-Statement
- FREE AL Habib Mobile & Netbanking Facility
- No Initial Deposit Requirement
- Local Credits are Allowed
- SMS Alert Facility
* Terms & Conditions apply
You can also open this account online through
Note: Minimum Monthly Average Balance requirement is PKR 5,000 to avail Free PayPak Debit Card, Subsequent Cheque Books & Life Insurance.
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:
- 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.
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.
Any one of the following documents may be used as a proof of identity:
- Computerized / Smart National Identity Card (CNIC/SNIC)
- National Identity Card for Overseas Pakistanis (NICOP)
- Child Registration Certificate / B-Form / Student ID Card (For Minor)
- Original CNIC along with a verified copy
- Job Card / Job Letter and Salary Slip for Salaried Individual
- Any other proof of income
An individual account for the beneficiaries of home remittances.
Individual Current and Savings account are offered in single and joint category.
The product is specially designed for beneficiaries of home remittances.
Yes, the account is also available in Islamic Banking variant.
Yes, Minimum Balance requirement of PKR 5,000 is applicable to avail exciting features and waivers on account.
No, customer may open only one AL Habib Remit Account.
Yes, minor may open AL Habib Remit Account with a resident guardian.
To open AL Habib Remit Account, visit your nearest branch or visit BAHL website (www.bankalhabib.com) to apply digitally.
The turnaround time (TAT) for account opening is three working days subject to the completion of required documents.
Yes, monthly profit will be paid on AL Habib Remit Savings Account and calculated on monthly average balance
Rate of Return on PLS Savings Account rate.
Upto 90% financing against deposit is available.
The account is offered in PKR currency only.
Zakat & taxes are applicable as per government regulations and directives of SBP.
Yes. Internet Banking is available.
The customer will have to visit BAHL official website (www.bankalhabib.com) and will self-register on the internet banking portal to avail iBanking services.
Minimum Eligibility Age:
The minimum eligibility age under this policy shall be 18 years.
Maximum Eligibility Age:
The maximum eligibility age under this shall be 60 years.
Insurance Coverage:
-
Group Life Insurance Rider:
The Insurance Coverage for each Member shall be equal to Rs. 250,000/-. -
Group Accidental Death Insurance Rider:
The Insurance Coverage for each Member shall be equal to Rs. 250,000/-. -
Group Accidental Disability Insurance Rider:
The Insurance Coverage for each Member shall be equal to Rs. 250,000/-. In case of joint account, any one of the account holders will be covered
How To Open Your Remit Digital 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.