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Al Baraka Khazana Account

Avail high rate of return on your deposit with this Islamic account​


Minimum Balance Required (Rs)
100,000
Minimum Amount Required (Rs)
100
Daily Withdrawal Limit
(Rs)
0
Annual Fee
(Rs)
0
Allowed Monthly Transactions
-

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  • Features

    - Profit payment frequency is on monthly & quarterly basis

    - Enjoy unlimited withdrawals and deposits

    - Interest rate varies from 6.75% to 9.50% based on the deposited amount

    - An Islamic saving account

  • Benefits

    - Profit is calculated on monthly basis

    - Only Rs. 100,000 monthly balance required to get profit

    - Free internet, Phone & online banking along With ATM debit card

    - Get higher profits returns on higher balances

  • Eligibility

    Salaried Person:
    - Age Limit: 18 - 70 years 
    - Documents required: CNIC, Proof of employment, Copy of utility bill

    Self-employed/Businessmen:
    - Age Limit: 18 - 70 years 
    - Documents required: CNIC, Proof of business

  • FAQ

    Anyone who is a Pakistani resident individual, private and public limited companies, can use a term/fixed deposits account.
    You can use a fixed deposit account from 1 month up to 10 years of length. The profit rate will also be better if you deposit it for longer time periods.
    Yes, you can ask the bank to pay the profit on a monthly basis however the rate of interest or profit rate will only be charged or calculated on annual basis.
    Yes, you can withdraw your funds from your fixed term bank account however some banks may charge a penalty or a fee for early withdrawals than a fixed maturity date.

Other Details

  • Best Suitabe For

    Short to long term savings

  • Target Age Group

    18 years and above

  • Interest Rate / Profit Rate

    9.5%

  • Interest Calculation Frequency

    Monthly

  • Profit Payment Frequency

    Monthly

  • Currency of Account

    PKR

  • Free ATM / Debit Card?

  • ATM Card Network

    -

  • Free Cheque Book?

  • Manage with App?

  • Branch Banking

  • Online Banking?