Young Pakistanis,
Bank AL Habib has designed a new account specially for you, ... your own Young Savers Account.

1. This is an account for Young Savers of up to 18 years.
   Visit the nearest Bank AL Habib branch with your parent/guardian to open your Young Savers Account. You can open an account with as little as Rs. 5/=.



2. Currently, expected rate of profit on Young Savers Account is 10.00% p.a., payable half-yearly.



3. Maximum balance in Young Savers Account should not be over Rs. 500,000/=. No profit will be paid on balances exceeding Rs. 500,000/=



4. Number of withdrawals in Young Savers Account during any month should not be more than five. If the number of withdrawals in any month exceeds five, then no profit will be paid on the account in that month.



5. Young Savers Account will have Internet Banking facility and ATMlDebit Card available to your parent/guardian.



6. Young Savers of 16 years and more will also be eligible to receive ATM Cards and can withdraw money through ATMs, if specifically authorized by their parentsl guardians (certain conditions apply).



7. Until you the Young Savers are a minor, i.e., below 18 years, the account will be operated by your parent/guardian. When you attain majority, the balance in the account will be transferred to a new account which you will open and operate after completing required formalities, including the concurrence of your parent/guardian.



8. Bank officers will also visit your school to help you open Young Savers Account and collect your deposit.