HBL Money Club Account
(Rs)
(Rs)
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Features
- Profit is calculated on monthly basis
- Interest rate varies upto 20.50% based on the deposited amount
- A specially designed account for Kids under 18 years of age
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Benefits
- Profit is calculated on monthly average balance
- Open your bank account with just Rs. 1/-
- FREE issuance of the first chequebook and Debit card
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Eligibility
Individual:
- Age Limit: Up to 18 years
- Documents required: Guardian CNIC, B-Form -
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
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Target Age Group
Up to 18 years
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Interest Rate / Profit Rate
20.5%
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Interest Calculation Frequency
Monthly
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Profit Payment Frequency
Monthly
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Currency of Account
PKR
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Free ATM / Debit Card?
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ATM Card Network
VISA / Mastercard / Union Pay
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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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