With Alfa Savings Account, earn profit daily!
Simply open an Alfa Savings Account now in just 5 minutes from your mobile, deposit money & earn high return on savings every month!
Profit calculation is done on a daily basis on your day-end balance. Profit will be disbursed monthly on the 1st of every month.
|
Balance Band |
Rate |
|---|---|
|
Rs 0-9,999 |
16.00% |
|
Rs 10,000-49,999 |
16.00% |
|
Rs 50,000-99,999 |
16.00% |
|
Rs 100,000-249,999 |
16.00% |
|
Rs 250,000+ |
16.00% |
Android: http://bit.ly/AlfaonAndroid
2. Sign up for a new Alfa Savings Account (Save & Transact)
3. Enter Details
4. Deposit funds into your Alfa Savings Account (Online transfer, Branch, CDM Machine or Agent Shop)
5. Earn monthly return on savings
Terms & Conditions Apply*
*Profit will be paid as per the prevailing Bank Alfalah Limited’s deposit rate which may be subject to change, as per Bank Alfalah Limited’s discretion, with or without any further notice and no commitment is made herein in respect of the same.
**Profit pay-out on deposits is governed by account limit balances by the state bank regulations for Branchless Banking Accounts. Profit pay-out is
based on approximations and the calculation is done on the balance maintained for the entire month.
CNIC
Mobile number
CNIC issuance date
Place of birth
City of stay
Father’s name
Mother’s maiden name
In order to enjoy higher limits, you can upgrade by visiting any Bank Alfalah Branch for Biometric verification.
|
Mobile Account level |
Transaction limits (Debit & Credit each) |
|||
|
Daily |
Monthly |
Yearly |
Max Balance |
|
|
Level 0 |
PKR 25,000 |
PKR 50,000 |
PKR 200,000 |
PKR 200,000 |
|
Level 1 |
PKR 50,000 |
PKR 200,000 |
PKR 2,400,000 |
|
Alfa Savings Account is a digital savings account whereby customers can place their deposits and earn a daily profit which is disbursed on a monthly basis. It provides easy access to your funds to save & transact them any way you like.
Profit is calculated on daily basis.
Profit is disbursed first of every month.
No, you can open your Alfa Savings Account on your smartphone from the comfort of your home via an easy 4 step account opening process
Enjoy the convenience of opening your savings account directly from your phone via an easy 4 step account opening process:
Enter your CNIC, CNIC issuance date and Mobile Number
Your Account is now ready!
There is no minimum balance requirement for opening an Alfa Savings Account.
You can deposit funds via IBFT (Interbank Funds Transfer), Cash Deposit Machines (CDM), Bank Alfalah branches, Funds Transfer, JazzCash Agents and EasyPaisa Agents.
You can use your funds by performing IBFT (Interbank Funds Transfer), Utility Bill Payment, Mobile Top up transactions, order food, buy Netflix and Playstore vouchers and much more.
The following are the limits assigned for deposit and withdrawal transactions:
|
Mobile Account level |
Daily |
Monthly |
Yearly |
Max Balance |
|
Level 0 |
PKR 25,000 |
PKR 50,000 |
PKR 200,000 |
PKR 200,000 |
|
Level 1 |
PKR 50,000 |
PKR 200,000 |
PKR 2,400,000 |
— |
In order to enjoy higher limits, you can upgrade by visiting any Bank Alfalah Branch for Biometric verification.
Yes, you can still open Alfa Savings account with an easy 4 step account opening process.
Yes. You’ll receive profit for those 15 days at the end of the month.
Your Account is now ready!
The yearly profit rate is up to 20.55% (per annum)
For further understanding, you can use the below table for reference:
|
Balance Band |
Rate |
|
Rs 0 – 9,999 |
20.50% |
|
Rs 10,000 – 49,999 |
20.50% |
|
Rs 50,000 – 99,999 |
20.50% |
|
Rs 100,000 – 249,999 |
20.55% |
|
Rs 250,000 & Above |
20.55% |