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Askari Ahsan Masrafi Account

An ideal Islamic account for those who are looking for a fixed rate of return on their deposit


Minimum Balance Required (Rs)
40,000
Minimum Amount Required (Rs)
40,000
Daily Withdrawal Limit
(Rs)
Annual Fee
(Rs)
0
Allowed Monthly Transactions
-

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  • Features

    - Profit payment frequency is on monthly basis

    - Fixed interest rate up to 19.54% on the deposited amount

    - An Islamic savings account

  • Benefits

    - Profit is calculated on daily average balance 

    - Only Rs. 40,000 monthly balance required to get profit

    - No maintenance charges for operating this account

  • Eligibility

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

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

  • FAQ

    A savings account offers the easiest way to keep some of your money aside and earning interest or profit on that amount on regular basis.
    Yes, a savings account just like any other bank account allows you to conduct banking transactions. You also get access to ATM card, cheque book and online banking facility along with a savings account.
    Yes, normally the profit earned through a savings account is taxed at the source and deducted by the Bank before paying the remaining amount to you.
    No, there is no limit and you can withdraw your funds from your account any time. The profit is always paid on the amount that was present in your account during a certain period.

Other Details

  • Best Suitabe For

    Day to day savings

  • Target Age Group

    18 - 70 years 

  • Interest Rate / Profit Rate

    19.54%

  • Interest Calculation Frequency

    Daily

  • Profit Payment Frequency

    Monthly

  • Currency of Account

    PKR

  • Free ATM / Debit Card?

  • ATM Card Network

    Visa / UnionPay / PayPak

  • Free Cheque Book?

  • Manage with App?

  • Branch Banking

  • Online Banking?