Bank Alfalah Royal Profit Account
Bank Alfalah Royal Profit Account
Bank Alfalah Royal Profit Accounts are especially designed for individuals and
institutions with large transaction volumes looking for higher returns on their savings
and encompasses three products for different categories of accountholders.
| Bank Alfalah Royal Profit Account | Bank Alfalah Institutional Royal Savings Account | Bank Alfalah Institutional Royal Profit Account | |
|---|---|---|---|
| Target Market | Individuals Only |
Institutional Customers Permissible Sectors Only Financial Institutions Public Sector Enterprises Public Limited Companies |
Non-Individual / Institutional Customers Excluding Financial Institutions Public Sector Enterprises Public Limited Companies |
| Account Opening Balance | PKR 100 | PKR 100 | PKR 100 |
| Account Maintenance Balance | PKR 50,000 | PKR 50,000 | PKR 50,000 |
| Profit Calculation | Monthly Average Balance | Monthly Average Balance | Day-end Balance |
| Profit Payment Frequency | Monthly | Monthly | Monthly |
| Flexible Rate on Higher Balance (subject to approvals) | Yes | Yes | Yes |
| Free e-Statements | Yes | Yes | Yes |
| Free Local Fund Transfers | Yes | Yes | Yes |
| Free Online Banking Transactions | Yes | Yes | Yes |
| Free Cheque Book Issuance | Yes | Yes | Yes |
| Free Banker’s Cheque Issuance | Yes | Yes | Yes |
| Free Same-Day Clearing | Yes | Yes | Yes |
| Free Intercity Clearing | Yes | Yes | Yes |
| Free Outward Clearing Returns (including Same-Day & Intercity Returns) | Yes | Yes | Yes |
Accounts are available for Individuals, non-individuals, and Institutional Customers.
Maintain a monthly average balance of PKR 50,000 and avoid a maintenance fee.
Earn profit on your monthly average balance with payouts every month.
Earn a Higher Profit Rate on Higher Balances (subject to approvals).
Avail free Online Banking, Cheque Book, Banker’s Cheque & Clearing Services
Receive free E-Statements for easy account monitoring
Transfer funds locally to any Bank Alfalah account free of charge.
A wide range of Debit Cards is available as per your need.
Earn Orbit Reward Points on eligible transactions.
| Features | Kashtkaar Current Account |
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