Saving Accounts

Grow Your Savings with Confidence

Our savings accounts are meticulously designed to help you set aside funds for future needs while earning attractive profits. With all the transactional features of a current account, our PLS (Profit and Loss Sharing) Savings Account is our core offering, ensuring your money works harder for you.

Key Features
  • Profit-Earning: Earn profit on your maintained balance as per the Bank’s PLS rules.
  • Flexible Access: Enjoy all standard current account features for transactional convenience.
  • Zakat Management: Zakat is deducted on valuation dates (1st of Ramadan). Claim exemption by submitting Form CZ-50 before Shaaban.
  • Broad Reach: Ideal for individuals from all walks of life, including charitable institutions, provident, benevolent, and pension funds.
  • Easy Opening: Open your account by submitting the required documents, in line with banking policies and regulatory requirements.
Profit Payments

Profits are typically paid semi-annually, in January and July, calculated on the average monthly balance. Profit rates are linked to the SBP Repo rate, with changes effective from the 1st day of the subsequent month following any SBP Repo rate adjustments.

Eligibility

Open to all Pakistani citizens, irrespective of gender, age (minor accounts with guardians), or location (urban/rural).

Asaan Saving Account

Micro Saving Account