Bank AL Habib

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Summary
	With our Islamic Current Account, stay assured that your money is handled in a Shariah-compliant manner and you enjoy complete control over your cash flows with a host of free benefits.	Enables receiving remittances directly from loved ones abroad with safety and convenience.	Specifically designed for freelancers for efficient and seamless management of remittances.	Designed to facilitate pensioners in managing their post-retirement pension funds.	Ensures that Armed Forces personnel receive their pension funds timely and conveniently.	Open a Shariah-Compliant bank account with minimal documentation and just PKR 5.	Open an account with a one-page form and receive money from loved ones abroad conveniently.
Features and Benefits
	Non-profit earning account based Islamic Principles of Qard Joint Account Holder facility up to four individuals Mobile Banking & SMS Alert facility Deposit may be provided as security for allowing limits under Shariah Compliant modes of Finance Free Online Banking Free Cheque Book* Free Banker’s Cheque* Free Paypak Debit Card (Default)* Free Internet Banking and Mobile Banking Free E-Statement	FREE PayPak Debit Card* Free First Cheque Book* FREE Life Takaful* FREE E-Statement FREE AL Habib Mobile & Netbanking Facility No Initial Deposit Requirement PayPak Debit Card on Current Account Cheque Book Life Insurance* E-Statement AL Habib Mobile & Netbanking Facility No Initial Deposit Requirement Local Credits are Allowed SMS Alert Facility Monthly Profit Payout on Savings Account Local Credits are Allowed SMS Alert Facility	No Initial Deposit Requirement Debit Card Facility Free AL Habib Mobile & Netbanking Facility Free First Cheque Book (10 Leaves) Free Bankers Cheques (up to 3 per month) Free Online Banking Free Life Takaful* SMS Alerts Facility Free IBFT through Raast No Minimum Balance Requirement Retain your Foreign Currency in Exporter's Special Foreign Currency Account*	PayPak Debit Card Facility* Free First Cheque Book* SMS Alerts Free Standing Instruction Charges Free Internet & Mobile Banking Free E-Statements No Initial deposit or minimum balance requirement No charges on opening and closure of account Individual Single Account Only Banker’s Cheques Facility Online Banking Facility	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	One-page account opening form Account can be opened with just Rs.5/- only Deposits are accepted on Islamic Principles of Qard No restriction on number of transactions SMS alert facility Deposit may be provided as security for allowing limits under Shariah Compliant modes of Finance Free Online Banking/Mobile Banking Free Cheque Book* Free Internet Banking Free E-Statement Free ATM/Debit Card (PayPak) Free Life Insurance coverage under Takaful applicable with terms and conditions Maximum Credit Balance Limit of Rs. 1,000,000/- Total Debit per month of Rs.1,000,000/-	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
Free Life Insurance Coverage eligibility
	Account holder is not eligible for Free Life Insurance in this account.	The minimum eligibility age will be 18 years and the maximum 60 years New accounts eligible after 30 days of account opening In case of a joint account, any one of the account holders will be covered Insurance coverage for death and disability is also PKR 250,000/-			Account holder is not eligible for Free Life Insurance in this account.	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.	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.
How to Apply
Visit nearest Bank AL Habib Branch Download Account Opening form online and submit the duly completed form with all supporting documents at any Bank AL Habib Branch	New Customers: Apply by filling the account opening form available at the relationship branch.	New Customers: Apply by filling the account opening form available at the relationship branch.	New Customers: Apply by filling the account opening form available at the relationship branch.	New Customers: Apply by filling the account opening form available at the relationship branch.	New Customers: Apply by filling the account opening form available at the relationship branch.	New Customers: Apply by filling the account opening form available at the relationship branch.	New Customers: Apply by filling the account opening form available at the relationship branch.