Alfalah Falah Classic Savings Account
(Rs)
(Rs)
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Features
- Profit payment frequency is on semi-annually basis
- No restriction on withdrawals and deposits every month
- Fixed interest rate of 11% on your deposited amount
- An Islamic saving account
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Benefits
- Profit payment frequency is on monthly basis
- Enjoy Free cheque books
- No hassles to maintain a minimum monthly balance
- Free semi-annually statement, monthly e-statement and SMS alerts
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Eligibility
Salaried Person:
- Age Limit: 18 - 70 years
- Documents required: CNIC, Proof of employmentSelf-employed/Businessmen:
- Age Limit: 18 - 70 years
- Documents required: CNIC, Proof of business -
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
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Best Suitabe For
Day to day savings & banking
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Target Age Group
18 - 70 years
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Interest Rate / Profit Rate
11%
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Interest Calculation Frequency
Monthly
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Profit Payment Frequency
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Currency of Account
PKR
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Free ATM / Debit Card?
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ATM Card Network
VISA
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Free Cheque Book?
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Manage with App?
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Branch Banking
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Online Banking?
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