The Bank Alfalah Islamic Business Account is built to help your business grow smoothly while keeping daily banking simple. Open your account with just PKR 100 and enjoy profit on your savings, unlimited banking transactions, and free essential services that reduce your everyday costs.
What you get
Available to all Pakistani nationals with CNIC/NICOP/SNIC.
Start your account with only PKR 100.
Tiered profit-bearing account with profit calculated daily and disbursed monthly.
Maintain an average balance of PKR 10,000 in your checking account to enjoy free accidental death and permanent disability takaful coverage of up to PKR 2 million.
Free cheque books*, e-statements, and semi-annual account statements.
Free nationwide online banking, SMS alerts on every transaction, stop-payment facility, and Saturday banking at select branches.
VISA Debit/ATM Card accepted at 30 million+ outlets and 2 million+ ATMs worldwide.
No minimum balance requirement.
| Features | Bank Alfalah Islamic Business Account |
|
|---|---|---|
|
Currency
|
PKR
|
— |
|
Initial Deposit to Open
|
-
|
- |
|
Minimum Balance to Keep
|
-
|
— |
|
Account Maintenance Fee
|
-
|
— |
|
Indicative Profit
|
0.08
|
— |
|
Profit Payment Frequency
|
Six Monthly
|
— |
|
Debit Card
|
Yes -
Charged
|
- |
|
Cheque Book
|
First Cheque book free, subsequent
cheque books PKR 22.5/- Per leaf or equivalent for FCY
accounts
|
— |
|
SMS Alerts
|
PKR 250/- Per Month
|
— |
|
E-Statement
|
Have this
feature
|
— |
|
Bankers Cheque
|
PKR 450/-
|
— |
|
Clearing
|
Intercity - 350 Per Cheque, Same Day - PKR 600/- Per
instrument
|
— |
|
Account Limits
|
Maximum credit balance limit of PKR 1,000,000/- Monthly debit
limit of PKR 1,000,000/-
|
— |
|
IBFT
|
Free up to minimum aggregate sending
limit of PKR 25,000/- per month per account, After exhaustion of
monthly limit or for amount exceeding aggregate of monthly PKR
25,000/-; 0.1 % of the transaction amount or PKR 200/-
(whichever is lower) will be charged.
|
— |