Bank Alfalah Islamic’s Employee Banking program, launched in 2014, provides convenient, Shari’ah-compliant payroll solutions tailored for salaried professionals. Designed to simplify salary management, the program combines ease, security, and exclusive banking benefits while catering to employees’ financial well-being.
Payroll Account Setup
Employees can open payroll accounts directly at their workplace with no minimum balance or initial deposit. This on-site service eliminates the need to visit the bank, saving time and providing instant access to banking services.
Free Banking Services Include:
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Free Cheque Book and Debit Card (Classic, Gold, PayPak)
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Free ATM withdrawals from any bank across Pakistan
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Free Banker’s Cheques, duplicate cheques*, account statements, and maintenance certificates
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Free Online Intercity Transactions, Internet Banking, and Alfa Mobile App registration
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Free cancellation of PO/DD/Banker’s Cheques*
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24/7 phone banking support
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On-site account opening and delivery of cheques & debit cards
Exclusive Employee Privileges:
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Islamic Premier Banking: Employees with monthly salaries ≥ Rs. 500,000 and maintaining quarterly average balance ≥ Rs.1 Million qualify for exclusive premier privileges.
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Complimentary Takaful Coverage: Accidental death, mobile, wallet, and personal document protection, along with free virtual OPD consultations via telehealth.
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Flexible Savings Accounts & Term Deposits: Tier-based savings and competitive term deposits ranging from 1 month to 5 years, with flexible profit options.
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Secure Locker Facilities: Conveniently located lockers for employees’ security needs.
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Dedicated Relationship Manager: Personalized support to assist employees with banking and payroll needs.
Takaful Coverage & Healthcare Benefits:
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Mobile Phone Takaful
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ATM/Over-the-Counter Transactions Takaful
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Loss of Personal Documents / Wallet
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Accidental Death Coverage
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Free Virtual OPD Consultations
Key Advantages:
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Streamlined payroll management and salary disbursement
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Hassle-free access to banking services and account information via Internet Banking & Alfa Mobile App
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Access to premium Shari’ah-compliant financial products
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On-site account services for convenience
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Complimentary Takaful coverage with no minimum balance requirements
Eligibility:
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Employees of corporate clients or organizations partnered with Bank Alfalah Islamic for payroll services.
How to Apply:
Employees can apply online via Bank Alfalah Islamic Employee Banking or visit a designated branch for account setup.
Contact:
Email: employee.banking@bankalfalah.com
Phone: 111 225 111
*Charges apply as per Bank Alfalah Islamic Schedule of Charges (SoC). Lockers subject to availability. Terms & conditions apply.