Khushaal Khatoon Saving Account

Key Features
Target Customers Women
Profit Mechanism Monthly profit payments on first day of successive month.
Special Offer Initial Deposit: Only Rs.100/- .
Khushaal Khatoon Saving Account
This is a profit bearing saving account. The product is offered women clients so that they could park their savings and earn profit. Tier based profit rates are offered on this product with the aim to increased profit rates on increased savings. A the product is offered to female customers, hence profit rate has been increased by 1% as compared to Behtareen Monthly profit Saving Account.
Products Features
Target Customers Women
Profit as of January 2023
Slabs Profits Rates
PKR 1-100,000 12.75%
PKR 100,001- 250,000 13.25%
PKR 250,000-500,000 13.75%
PKR 500,001- 1,000,000 14.25%
PKR 1,000,001 & Above 14.75%
Profit Calculation Profit will be calculated on daily Balance.
Profit Payout Monthly profit payments on first day of successive months.
Age Limit 18 Years & Above
Minimum Initial Deposit Rs. 100/-
Minimum Balance Requirement Not Applicable
SMS Alert
Account Statement As per Schedule of Charges
Zakat As per Zakat and Usher Ordinance 1980
Transaction Limit Not Applicable
Cheque Book Charges As per Schedule of Charges
Documents Required

AOF

Valid ID Document

Income Proof/ Source of Income document

Utility Bill (Where required) KYC/ CRS / FATCA