Q1) What is Aitemaad Amirah Account?

Ans. Aitemaad Amirah Account is designed exclusively for women to enhance women’s financial inclusion and to bring a shift towards women friendly business practices by providing complete bouquet of banking services including current/saving account options, competitive profit rates, discounted rates on consumer finance, 24/7 digital banking, Debit Card with over 20,000 Golootlo merchant discounts, locker, cheque book and many more

Q2) What are the available options of Aitemaad Amirah Account?

Ans. Aitemaad Amirah Account is available with current (Qardh) and saving (Mudharabah) account options for customer convenience.

Q3) Who can open the Aitemaad Amirah Account?

Ans. Women Individiuals and Sole Proprietors can open the Aitemaad Amirah Account either singly or jointly.

Q4) Is there any restriction for opening the Aitemaad Amirah Account?

Ans. Yes, following restrictions are applicable for account opening:

• Foreign Nationals and Non-Resident Pakistani shall not be able to open account either singly or jointly.
• This product is for women exclusively therefore account cannot be opened by men.
• Joint account can only be opened with women who are above 18 years of age.
• Minor Account is not allowed.

Q5) In which currency, Aitemaad Amirah Account can be opened?

Ans. Aitemaad Amirah Account can be opened in Pakistani Rupees (PKR) only.

Q6) Is there any initial deposit / minimum amount required for opening the Aitemaad Amirah Account?

Ans. Aitemaad Amirah Account can be opened with the amount of PKR 1,000/- only

Q7) Can I get profit on Aitemaad Amirah Account? and what about loss.

Ans. Saving Account Yes, Profit will be paid on the saving option of Aitemaad Amirah Account. In the event of loss, the account holder and the Bank will bear the same proportionate to their respective investments provided there is no negligence on the part of the Bank. In case it is proved that losses suffered in Mudharabah pool are due to the Bank’s negligence, total loss shall be borne by the Bank.

Current Account No:

Profit and Loss will be computed / distributed on the current account option.

Q8) Is there any charges on the maintenance of Aitemaad Amirah Account?

Ans. No. Moreover, there is no restriction with regard to low account balance, daily withdrawals, credit transactions, number of transactions, etc.

Q9) How can I get associated benefits of Aitemaad Amirah Account?

Ans. You will be eligible to avail the following benefits in Aitemaad Amirah Account:

All Time Free Benefits:

• SMS Alerts
• Digital Banking registration

Free Benefits (with balance criteria*)

If account holder’s daily average balance (monthly average balance) of previous month is equal to or greater than PKR 50,000/- then following free benefits will be offered for the current month.

• Cheque Book
• Debit Card
• Statement of Account
• 50% waiver on locker rent – small (subject to availability)

More Exclusive Discounts (subject to credit approval in favor of consumer finance)

• 50% waiver of processing fees
• 50% waiver on charges of early settlement/ termination.
• Exclusive rate of KIBOR + 2% for auto finance.

        * In case of account is opened during the month and the account holder wants to avail above free benefits then current/present balance must be equal to or greater than PKR 50,000/-

Q10) How do I apply for Aitemaad Amirah Account?

Ans. To open your Aitemaad Amirah Account, kindly visit your nearest NBP Aitemaad Islamic Banking Branch / designated NBP Islamic Banking Window. You can call us at (021) 111-627-627 or visit our NBP website https://www.nbp.com.pk/Islamic/index.aspx for more details.