AL Habib Asaan Savings Account

A simple and easy to open account for resident Pakistani nationals with minimum requirements to extend benefits of financial services to common people especially unbanked/under banked segments of population.



The account can be singly or jointly operated and provides host of value added services for the customer.


Key Features:
  • Total Debit per Month: Rs. 500,000
  • Total Credit Balance Limit: Rs. 500,000
  • Account can be opened with Rs.5/- only
  • Profit calculated on monthly average balance
  • Profit payout every six months
  • One page account opening form
  • Free Internet & Mobile Banking
  • Free Life Insurance*
  • Cheque book facility
  • Free E-Statements
  • SMS alert facility
  • ATM/Debit card
Documents Required:

Any of the following documents may be used as proof of identity:


  • Computerized/Smart National Identity Card (CNIC/SNIC)
  • National Identity Card for Overseas Pakistanis (NICOP)
  • Child Registration Certificate/B-Form /Student ID card (For Minor)


Note:
  • Fee & Charges will be levied according to Bank’s prevailing Schedule of Charges
  • The rate of profit on saving accounts are subject to change from time to time
  • Taxes and Zakat will be applicable as per government regulations and directives of State Bank of Pakistan


*Free Life Insurance will be offered on Asaan Account based on the following claim limits:

  • Claims payable on last 90 days of average balance in customer account
  • New account eligible after 90 days of opening of account
  • Maximum claim payable on accidental death - PKR 1 Million
  • Maximum claim payable on natural death/permanent disability - PKR 0.5 Million
  • Incase of joint account, any one of the account holder will be covered
  • Admissible age limit of claim - 18 to 60 years
Account Opening Forms / Terms and Conditions:

Asaan Account (English)

Asaan Account (Urdu)

For details, please visit your nearest Bank AL Habib branch or
call: 111-014-014.