Our Monthly Profit Account enhances your monthly savings allowing higher profit on a monthly basis. It is an ideal investment opportunity as it allows ease of access to your money as well as future savings.
- 24-hour ATM convenience - You can access your monthly profit account via ATMs 24 hours a day, seven days a week to perform a broad range of transactions.
- Choose your own profit - The monthly profit account provides you with a monthly profit disbursement facility that allows you to use the profit according to your desire.
- Daily Profit - you can earn daily profit since your profit depends on your end of day balance. Profit will be subject to withholding tax at rates levied by Government of Pakistan.
- Personalised chequebook - You are provided with a personalised chequebook for enhanced security of your account.
- Account statements - You can obtain statements as often as you like - daily, weekly, fortnightly, monthly or six monthly basis. (This does not apply to Corporate accounts).
- Online Banking - You can operate your account at any branch; take advantage of an instant update to your account whenever you make a deposit or withdrawal.
- Unlimited withdrawals - You can withdraw as much and as many times you like from this account and get profit on the relevant balance on a daily basis.
- Account offered to resident as well as non-resident Pakistanis.
Eligibility:
Non-Banking Financial Institutions, Development Financial Institutions / Scheduled Banks or Shipping Companies and Airlines cannot participate in this scheme.
| | Individuals |
| Minimum Balance | PKR450,000* |
In case the minimum balance falls below the required amount, a lower rate will apply.
Requirements
If you are 18 years of age or more and have a minimum deposit of PKR450,000, you can apply for a monthly profit account.
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