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Islamic Armed Forces Pensioner Savings

“AL Habib Islamic Armed Forces Pensioner Savings Account” facilitates Armed Forces personnel to receive pension funds timely and conveniently. The Account is being offered with host of free and value added services.

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Enjoy the exclusive benefits

Free PayPak ATM/Debit Card
Free PayPak ATM/Debit Card
Free Cheque Book
Free Cheque Book
Free Internet Banking / Mobile Banking
Free Internet Banking / Mobile Banking
Free e-Statements
Free e-Statements
Individual single account only
Individual single account only
No Initial deposit or minimum balance requirement
No Initial deposit or minimum balance requirement
No charges on opening and closure of account
No charges on opening and closure of account
SMS Alerts Facility
SMS Alerts Facility
Banker’s Cheques Facility (Pay Orders)
Banker’s Cheques Facility (Pay Orders)
Online Banking Facility
Online Banking Facility
Higher return on Savings Account
Higher return on Savings Account
Bi-annual profit payout & calculated on monthly average balance
Bi-annual profit payout & calculated on monthly average balance

Free Life and Disability Insurance Cover

It gives us great pleasure to inform our valued customers that Bank AL Habib has arranged Absolutely Free Insurance Cover to our existing saving accountholders. Salient features of this insurance policy are as under:

The insurance 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 on us.

Open a Islamic Armed Forces Pensioner Savings

Visit 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.

Click here to download Rules/Terms & Conditions

 

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.

Documents Required

  • Following relevant documents are required from customer
    • Copy of valid CNIC / SNIC / NICOP/ SNICOP as required for Pakistani Nationals or Passport.
    • Successful Biometric Verification. In case Biometric verification cannot be performed due to genuine reasons or technical issues, verification of ID document will be performed using Verisys as referred in FAQs of Biometric Verification.
    • PPO - Pension Payment Order (Optional)
    • Pension Book and Pension Certificate (Optional)
    • Non-Marriage certificate (if applicable)
    • Life certificate / Non-Marriage certificate after every six months on or before 10th March and on or before 10th Sept). In case of widow/widower, unmarried daughter or sister, a Non-marriage certificate will be submitted by the pensioner in addition of Life/ survival certificate.
    • Zakat declaration on Bond Paper or attested copy of duly executed affidavit (In case of Zakat exemption by Muslim)
    • In case of Non-Muslim exemption from Zakat declaration on plain paper
    • Duly signed Foreign Account Tax Compliance Act (“FATCA”) Form
    • Photocopy of Option form duly signed by the pensioner as per Instruction Circular No. 202 dated December 11, 2014.
    • FIU watch list and Debarred Screen shots.
    • Duly signed Self-Certification Form (CRS Individual / Proprietorship Tax Residency)
    • Indemnity Form on judicial paper of PKR 50(fifty) irrespective of monthly pension drawn to keep the bank indemnified about liabilities with all sums of money whatsoever including additional amount of his/her Pension Account. The pensioner would further undertake that his/her legal heirs, successors, executors shall be liable to refund excess amount, if any, credited this/her Pension Account either in full or in installments (as agreed mutually) equal to such excess amount

    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.

Islamic Mahana Amdani Savings Account

Now earn Shariah compliant profit every month

You don’t have to compromise your needs today while planning for tomorrow. With our Shariah-compliant AL Habib Islamic Mahana Amdani Savings Account, get Shariah compliant profit every month while you save for the future.

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Enjoy the exclusive benefits

Based on Islamic principles of Mudarabah
Based on Islamic principles of Mudarabah
Joint account holder facility (up to 4 individuals)
Joint account holder facility (up to 4 individuals)
Profit will be calculated on monthly average balance
Profit will be calculated on monthly average balance
Free Internet & Mobile Banking
Free Internet & Mobile Banking
Free Cheque Book
Free Cheque Book
Mobile Banking & SMS Alerts Facility
Mobile Banking & SMS Alerts Facility
Free Banker’s Cheque
Free Banker’s Cheque
Receive profits every month
Receive profits every month
No restriction on withdrawals
No restriction on withdrawals
In case average daily balance is less than Rs.50,000/- then weightage of Normal Saving Account is applied
In case average daily balance is less than Rs.50,000/- then weightage of Normal Saving Account is applied
Withholding Tax on profit and Zakat will be applicable as per laws
Withholding Tax on profit and Zakat will be applicable as per laws
Deposit may be provided as security for allowing limits under Shariah Compliant modes of Finance
Deposit may be provided as security for allowing limits under Shariah Compliant modes of Finance
Free Online Banking
Free Online Banking
Free E-Statement
Free E-Statement
Free ATM/Debit Card (PayPak / UnionPay)
Free ATM/Debit Card (PayPak / UnionPay)

Free Life and Disability Insurance Cover

It gives us great pleasure to inform our valued customers that Bank AL Habib has arranged Absolutely Free Insurance Cover to our existing saving accountholders. Salient features of this insurance policy are as under:

The insurance 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 on us.

Open a Islamic Mahana Amdani Savings Account

Visit 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.

Click here to download Rules/Terms & Conditions

 

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.

Documents Required

  • Documentation For Resident Account
    For Individual Accounts
    • Original CNIC along with a verified copy
    • 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
  • For salaried individual, Job Card / Job Letter or Salary Slip or Source of income is required.

    A valid photocopy of any one of the following identity document is obtained
    • Computerized National Identity Card (CNIC) issued by NADRA.
    • Smart National Identity Card (SNIC) issued by NADRA.
    • National Identity Card for Overseas Pakistani (NICOP) issued by NADRA.
    • Pakistan Origin Card (POC) issued by NADRA.
    • Alien Registration Card (ARC) issued by National Aliens Registration Authority (NARA), Ministry of Interior (local currency account only).
    • Passport; having valid visa on it or any other proof of legal stay along with passport (foreign national individuals only).
    Non-resident accounts can be grouped in the following categories
    • Non-resident accounts of Pakistan nationals permanently residing and domiciled abroad.
    • Non-resident accounts of Pakistan nationals who are abroad for short visits.
    • Non-resident accounts of foreign nationals residing abroad.
    • Non-resident accounts of foreign nationals ordinarily resident in Pakistan but gone abroad for short visits.

    Copy of passport/Pakistan Origin Card is obtained and Declaration on "form QA-22" is obtained.

Islamic Apna Individual Account

A personal relationship of caring and trust

Let us take care of your family if you are unable to, due to Accidental Death or Permanent Disability. With our Shariah-compliant AL Habib Islamic Apna Individual Account, get Shariah compliant profit with free Takaful coverage.

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Deposits are accepted on Islamic principles of Mudarabah
Deposits are accepted on Islamic principles of Mudarabah
No restriction on number of transactions
No restriction on number of transactions
No minimum balance requirement
No minimum balance requirement
Profit will be calculated on monthly average balance
Profit will be calculated on monthly average balance
Profit payout is bi-annually i.e. in January and July
Profit payout is bi-annually i.e. in January and July
Withholding tax on profits and Zakat will be applicable as per laws
Withholding tax on profits and Zakat will be applicable as per laws
Deposit may be provided as security for allowing limits under Shariah Compliant modes of Finance
Deposit may be provided as security for allowing limits under Shariah Compliant modes of Finance
Free Online Banking
Free Online Banking
Free Cheque Book
Free Cheque Book
Free Banker’s Cheques
Free Banker’s Cheques
Free Internet banking
Free Internet banking
Free E-Statement
Free E-Statement
Free ATM/Debit Card (PayPak / UnionPay)
Free ATM/Debit Card (PayPak / UnionPay)
Mobile Banking & SMS alerts facility
Mobile Banking & SMS alerts facility
Free Life Insurance coverage under Takaful applicable with terms and conditions
Free Life Insurance coverage under Takaful applicable with terms and conditions

Free Life and Disability Insurance Cover

It gives us great pleasure to inform our valued customers that Bank AL Habib has arranged Absolutely Free Insurance Cover to our existing saving accountholders. Salient features of this insurance policy are as under:

The insurance 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 on us.

Open a Islamic Apna Individual Account

Visit 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.

Click here to download Rules/Terms & Conditions

 

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.

Documents Required

  • Documentation For Resident Account
    For Individual Accounts
    • Original CNIC along with a verified copy
    • Job Card / Job Letter and Salary Slip for Salaried individual
    • Any other proof of income
  • For salaried individual, Job Card / Job Letter or Salary Slip or a verifiable source of income required.

    A valid photocopy of any one of the following identity document is obtained
    • Computerized National Identity Card (CNIC) issued by NADRA.
    • Smart National Identity Card (SNIC) issued by NADRA.
    • National Identity Card for Overseas Pakistani (NICOP) issued by NADRA.
    • Pakistan Origin Card (POC) issued by NADRA.
    • Alien Registration Card (ARC) issued by National Aliens Registration Authority (NARA), Ministry of Interior (local currency account only).
    • Passport having valid visa on it or any other proof of legal stay along with passport (foreign national individuals only).
    Non-resident accounts can be grouped in the following categories:
    • Non-resident accounts of Pakistan nationals permanently residing and domiciled abroad.
    • Non-resident accounts of Pakistan nationals who are abroad for short visits.
    • Non-resident accounts of foreign nationals residing abroad.
    • Non-resident accounts of foreign nationals ordinarily resident in Pakistan but gone abroad for short visits.

    Copy of passport/Pakistan Origin Card is obtained and Declaration on “form QA-22” is obtained.

Islamic Savings Account

Now earn Shariah compliant profit with peace of mind

With our Shariah compliant AL Habib Islamic Savings Account, get a profit with peace of mind and save for the future.

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Enjoy the exclusive benefits

Based on Islamic principles of Mudarabah
Based on Islamic principles of Mudarabah
Joint account holder facility (up to 4 individuals)
Joint account holder facility (up to 4 individuals)
Profit will be calculated on monthly average balance
Profit will be calculated on monthly average balance
Profit payout on bi Annual basis i.e. in July and January
Profit payout on bi Annual basis i.e. in July and January
No minimum balance requirement
No minimum balance requirement
Withholding Tax on profit & Zakat will be applicable as per laws
Withholding Tax on profit & Zakat will be applicable as per laws
Deposit may be provided as security for allowing limits under Shariah Compliant modes of Finance
Deposit may be provided as security for allowing limits under Shariah Compliant modes of Finance
Free Online Banking
Free Online Banking
Free Banker’s Cheque
Free Banker’s Cheque
Free E-Statement
Free E-Statement
Free ATM/Debit Card (PayPak / UnionPay)
Free ATM/Debit Card (PayPak / UnionPay)
Free Internet Banking
Free Internet Banking
Mobile Banking and SMS alert facility
Mobile Banking and SMS alert facility
Free Life Insurance coverage under Takaful applicable with terms and conditions
Free Life Insurance coverage under Takaful applicable with terms and conditions

Free Life and Disability Insurance Cover

It gives us great pleasure to inform our valued customers that Bank AL Habib has arranged Absolutely Free Insurance Cover to our existing saving accountholders. Salient features of this insurance policy are as under:

The insurance 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 on us.

Open a Islamic Savings Account

Visit 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.

Click here to download Rules/Terms & Conditions

 

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.

Documents Required

  • Documentation For Resident Account
    For Individual Accounts
    • Original CNIC along with a verified copy
    • 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
  • For salaried individual, Job Card / Job Letter or Salary Slip or Source of income is required.

    A valid photocopy of any one of the following identity document is obtained
    • Computerized National Identity Card (CNIC) issued by NADRA.
    • Smart National Identity Card (SNIC) issued by NADRA.
    • National Identity Card for Overseas Pakistani (NICOP) issued by NADRA.
    • Pakistan Origin Card (POC) issued by NADRA.
    • Alien Registration Card (ARC) issued by National Aliens Registration Authority (NARA), Ministry of Interior (local currency account only).
    • Passport; having valid visa on it or any other proof of legal stay along with passport (foreign national individuals only).
    Non-resident accounts can be grouped in the following categories
    • Non-resident accounts of Pakistan nationals permanently residing and domiciled abroad.
    • Non-resident accounts of Pakistan nationals who are abroad for short visits.
    • Non-resident accounts of foreign nationals residing abroad.
    • Non-resident accounts of foreign nationals ordinarily resident in Pakistan but gone abroad for short visits.

    Copy of passport/Pakistan Origin Card is obtained and Declaration on "form QA-22" is obtained.

Islamic Senior Citizen Account

Growing old has its privileges

Let AL Habib Islamic Senior Citizen Account take care of your banking and financial needs in a Shariah-compliant manner. The account offers Shariah compliant monthly profit and helps you live your golden years with pride, financial independence, ease and convenience.

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Enjoy the exclusive benefits

Based on Islamic principles of Mudarabah
Based on Islamic principles of Mudarabah
Joint Account Holder facility (up to 4 individuals)
Joint Account Holder facility (up to 4 individuals)
No minimum balance requirement.
No minimum balance requirement.
Primary account holder must be a Senior Citizen i.e. at least 60 years of age
Primary account holder must be a Senior Citizen i.e. at least 60 years of age
Minor cannot be joint holder
Minor cannot be joint holder
No restrictions on withdrawls
No restrictions on withdrawls
Profit will be calculated on monthly average balance
Profit will be calculated on monthly average balance
Profit payout on monthly basis
Profit payout on monthly basis
Withholding tax on profit and zakat will be applicable as per laws
Withholding tax on profit and zakat will be applicable as per laws
Deposit may be provided as security for allowing limits under Shariah Compliant modes of Finance
Deposit may be provided as security for allowing limits under Shariah Compliant modes of Finance
Free Online Banking
Free Online Banking
Free Cheque Book
Free Cheque Book
Free Banker’s Cheques
Free Banker’s Cheques
Free Internet banking
Free Internet banking
Free E-Statement
Free E-Statement
Free ATM/Debit Card (PayPak / UnionPay)
Free ATM/Debit Card (PayPak / UnionPay)
Mobile Banking & SMS alert facility
Mobile Banking & SMS alert facility

Free Life and Disability Insurance Cover

It gives us great pleasure to inform our valued customers that Bank AL Habib has arranged Absolutely Free Insurance Cover to our existing saving accountholders. Salient features of this insurance policy are as under:

The insurance 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 on us.

Open a Islamic Senior Citizen Account

Visit 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.

Click here to download Rules/Terms & Conditions

 

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.

Documents Required

  • Documents Required
    For Individual Accounts
    • Original CNIC along with a verified copy
    • Job Card / Job Letter and  Salary Slip for Salaried individual
    • Any other proof of income
  • For salaried individual, Job Card / Job Letter or Salary Slip Or Source of income required.

    A valid photocopy of any one of the following identity document is obtained
    • Computerized National Identity Card (CNIC) issued by NADRA.
    • Smart National Identity Card (SNIC) issued by NADRA
    • National Identity Card for Overseas Pakistani (NICOP) issued by NADRA
    • Pakistan Origin Card (POC) issued by NADRA.
    • Alien Registration Card (ARC) issued by National Aliens Registration Authority (NARA), Ministry of Interior (local currency account only).
    • Passport; having valid visa on it or any other proof of legal stay along with passport (foreign national individuals only).
    Non-resident accounts can be grouped in the following categories
    • Non-resident accounts of Pakistan nationals permanently residing and domiciled abroad.
    • Non-resident accounts of Pakistan nationals who are abroad for short visits.
    • Non-resident accounts of foreign nationals residing abroad.
    • Non-resident accounts of foreign nationals ordinarily resident in Pakistan but gone abroad for short visits.

    Copy of passport/Pakistan Origin Card is obtained and Declaration on “form QA-22” is obtained.

    Taxes and Zakat

    Taxes will be applicable as per government regulations and directives of State Bank of Pakistan

Islamic Asaan Remittance Savings Account

An easy to open account for receiving money directly from abroad into your account

Open AL Habib Islamic Asaan Remittance Savings Account and receive your money from abroad directly in your savings account. See your savings grow by earning Shariah compliant profit. Sending and receiving money is free, fast and safe. Account is easy to open with a simplified one-page account opening form. This account is for individuals only (Single/ Joint)

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Enjoy the exclusive benefits

For the unbanked/under banked populations receiving Home Remittances only from family members residing abroad
For the unbanked/under banked populations receiving Home Remittances only from family members residing abroad
Simple and easy account opening with minimum requirements
Simple and easy account opening with minimum requirements
Account is for individuals, resident Pakistani nationals only
Account is for individuals, resident Pakistani nationals only
Cash withdrawal limit: PKR 50,000 per day
Cash withdrawal limit: PKR 50,000 per day
Fund transfer limit: PKR 50,000 per day
Fund transfer limit: PKR 50,000 per day
Total Credit Balance Limit: PKR 2,000,000
Total Credit Balance Limit: PKR 2,000,000
Free Cheque Book
Free Cheque Book
Free e-statements
Free e-statements
Mobile Banking & SMS Alert Facility
Mobile Banking & SMS Alert Facility
ATM/Debit Card
ATM/Debit Card
Free Life Takaful facility up to PKR 2 Million applicable with terms and conditions*
Free Life Takaful facility up to PKR 2 Million applicable with terms and conditions*
Free Internet Banking
Free Internet Banking
Free Online banking
Free Online banking
Free Banker’s Cheque
Free Banker’s Cheque
Deposits accepted on principle of Mudarabah
Deposits accepted on principle of Mudarabah
Profit will be calculated on monthly average balance
Profit will be calculated on monthly average balance
Profit payout bi-annually i.e. in January and July
Profit payout bi-annually i.e. in January and July
Direct and instant credit to the account
Direct and instant credit to the account
Deposit may be provided as security for allowing limits under Shariah Compliant modes of Finance
Deposit may be provided as security for allowing limits under Shariah Compliant modes of Finance

Free Life and Disability Insurance Cover

It gives us great pleasure to inform our valued customers that Bank AL Habib has arranged Absolutely Free Insurance Cover to our existing saving accountholders. Salient features of this insurance policy are as under:

    • Claims payable on last 90 days of average balance in customer account.
    • New account eligible after 90 days of opening of account .
    • Maximum claim payable on accidental death - PKR 2 Million.
    • Maximum claim payable on natural death/permanent disability - PKR 1 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 insurance 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 on us.

Open a Islamic Asaan Remittance Savings Account

Visit 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.

Click here to download Rules/Terms & Conditions

 

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.

Documents Required

  • Documents Required

    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).
    • Passport copy (for non-residents).
    • Child Registration Certificate/B-Form /Student ID card (For Minor).

Islamic Young Savers Account

Make Saving Fun and let them learn the benefits

AL Habib Islamic Young Savers Account helps develop the habit of savings in Young Pakistanis under the guardianship of Parents. Make them part of savings for their future financial needs. They earn Shariah compliant profits based on Islamic principles and see their savings grow.

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The account can be opened with as little as PKR. 5/=.
The account can be opened with as little as PKR. 5/=.
Profit calculated on monthly average balance
Profit calculated on monthly average balance
The account will be operated by Parents/Guardian
The account will be operated by Parents/Guardian
ATM with cash withdrawal limit of Rs.2,000/- in a calendar year may be allowed if authorized by parents/guardians
ATM with cash withdrawal limit of Rs.2,000/- in a calendar year may be allowed if authorized by parents/guardians
A special account for Young Savers below 18 years of age
A special account for Young Savers below 18 years of age
Based on Islamic Principles of Mudarabah
Based on Islamic Principles of Mudarabah
No minimum balance requirement
No minimum balance requirement
No restrictions on the number of monthly withdrawals
No restrictions on the number of monthly withdrawals
Upon reaching adulthood (18 years of age), the account balance will be transferred to a new account after completion of required account opening and operating formalities
Upon reaching adulthood (18 years of age), the account balance will be transferred to a new account after completion of required account opening and operating formalities
Withholding Tax on profits and Zakat will be applicable as per laws
Withholding Tax on profits and Zakat will be applicable as per laws
Deposit may be provided as security for allowing limits under Shariah Compliant modes of Finance
Deposit may be provided as security for allowing limits under Shariah Compliant modes of Finance
Free ATM Cards available for Young Savers’ parents/guardians with cash withdrawal limit Rs.2,000/-
Free ATM Cards available for Young Savers’ parents/guardians with cash withdrawal limit Rs.2,000/-
Free Online Banking/Cheque Book
Free Online Banking/Cheque Book
Free Banker’s Cheque/ Free E-Statement
Free Banker’s Cheque/ Free E-Statement
Mobile Banking and SMS alerts facility
Mobile Banking and SMS alerts facility
Withholding Tax on profits and Zakat will be applicable as per laws
Withholding Tax on profits and Zakat will be applicable as per laws

Free Life and Disability Insurance Cover

It gives us great pleasure to inform our valued customers that Bank AL Habib has arranged Absolutely Free Insurance Cover to our existing saving accountholders. Salient features of this insurance policy are as under:

The insurance 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 on us.

Open a Islamic Young Savers Account

Visit 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.

Click here to download Rules/Terms & Conditions

 

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.

Documents Required

  • Documents Required

    Any one of the following documents may be used as a proof of identity

    • Computerized/Smart National Identity Card (CNIC/SNIC) of Guardian.
    • National Identity Card for Overseas Pakistanis (NICOP)
    • Proof of income or salary certificate
    • In case of salaried person, copy of service/employee card
    • Child Registration Certificate/B-Form /Student ID card (For Minor)
  • For salaried individual, Job Card / Job Letter or Salary Slip Or Source of income required.

    A valid photocopy of any one of the following identity document is obtained
    • Computerized National Identity Card (CNIC) issued by NADRA.
    • Smart National Identity Card (SNIC) issued by NADRA
    • National Identity Card for Overseas Pakistani (NICOP) issued by NADRA
    • Pakistan Origin Card (POC) issued by NADRA.
    • Passport; having valid visa on it or any other proof of legal stay along with passport (foreign national individuals only).
    Non-resident accounts can be grouped in the following categories
    • Non-resident accounts of Pakistan nationals permanently residing and domiciled abroad.
    • Non-resident accounts of Pakistan nationals who are abroad for short visits.
    • Non-resident accounts of foreign nationals residing abroad.
    • Non-resident accounts of foreign nationals ordinarily resident in Pakistan but gone abroad for short visits.
    Taxes and Zakat

    Taxes will be applicable as per government regulations and directives of State Bank of Pakistan

    Profit Rate

    The rate of profit on savings accounts are subject to change from time to time.

Islamic Asaan Saving Account

Opening a Shariah compliant account was never so easy

If you are a Pakistani national and have never opened a bank account before, AL Habib Islamic Asaan Saving Account is just for you. Easy to open, it is loaded with value added features and free benefits.

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Enjoy the exclusive benefits

One Page Account Opening Form
One Page Account Opening Form
Account can be opened with PKR 5/- only
Account can be opened with PKR 5/- only
Deposit are accepted on Mudarabah basis
Deposit are accepted on Mudarabah basis
Profit will be calculated on monthly average balance
Profit will be calculated on monthly average balance
Profit payout on Bi-annual basis i.e. in July and January
Profit payout on Bi-annual basis i.e. in July and January
No minimum balance requirement
No minimum balance requirement
Maximum balance PKR 500,000/-
Maximum balance PKR 500,000/-
No restriction on number of transactions
No restriction on number of transactions
Deposit may be provided as security for allowing limits under Shariah Compliant modes of Finance
Deposit may be provided as security for allowing limits under Shariah Compliant modes of Finance
Free Online Banking
Free Online Banking
Free Cheque Book
Free Cheque Book
Free Banker’s Cheque
Free Banker’s Cheque
Free Internet Banking
Free Internet Banking
Free E-Statement
Free E-Statement
Free ATM/Debit Card (PayPak / UnionPay)
Free ATM/Debit Card (PayPak / UnionPay)
Mobile Banking and SMS alert facility
Mobile Banking and SMS alert facility
Withholding tax on Profit and Zakat will be applicable as per laws
Withholding tax on Profit and Zakat will be applicable as per laws
Takaful based Life Insurance coverage*
Takaful based Life Insurance coverage*

Free Life and Disability Insurance Cover

It gives us great pleasure to inform our valued customers that Bank AL Habib has arranged Absolutely Free Insurance Cover to our existing saving accountholders. Salient features of this insurance policy are as under:

    • Claims payable on last 90 days of average balance in customer account .
    • New account eligible after 90 days of opening of account .
    • Maximum claim payable on accidental death - PKR 1 Million .
    • Maximum claim payable on natural death/permanent disability - PKR 0.5 Million .
    • In case of joint account, any one of the account holder will be covered .
    • Admissible age limit of claim - 18 to 60 years .

The insurance 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 on us.

Open a Islamic Asaan Saving Account

Visit 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.

Click here to download Rules/Terms & Conditions

 

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.

Documents Required

  • Documents Required
    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
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