Product Name |
NBP ASAAN ACCOUNT |
Product Type |
Current, Savings Deposit |
Product Currency |
|
Eligibility |
- Individual – Single
- Individual – Joint (max. 1)
|
Product Feature |
- PLS Saving Accounts rate of profit applicable on Asaan Savings Account.
- Free Cheque Book on Customer Request
(Initial / One time)
- EMV Debit Card
- Initial Deposit - Rs. 100/- only
- No Monthly Minimum Balance maintenance requirement.
- Bank Charges as per current tariff.
- No charges on closure of Account.
- Zakat and taxes, as per Law.
- SMS Alert Service (subject to subscription)
|
Account Opening |
- Simplified One Page Paper-based form
- Upon production of Valid Proof of Identity Document (Original)
- Identified source of fund (As per Declaration on AOF)
|
Statement of Account |
- As per current policy for PLS and Current accounts
|
Account Activation |
- Within 3 working days – After NADRA Verisys
|
Transactions Limit * |
- Total Debit per Month: Rs. 1,000,000
- Total Credit Balance Limit: Rs. 1,000,000
|
Restrictions * |
- No cross border (outward) remittance transactions
- Personal Appearance for delivery of cheque book at Branch.
|
Basic Banking Accounts |
- Conversion into Asaan(Current) Account – upon concurrence of Customer
|
