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Commercial | Deposit Account | Allied Rising Star | FAQ's     
   
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FAQ'S
 
1. How old do I have to be if I want to be an Allied Rising Star?
You have to be below 18 years of age to be an Allied Rising Star.
 
2. Will it be my personal savings account?
Yes, it will be your personal account under guardianship.
 
3. Who can be my guardian if I want to be an Allied Rising Star?
Your parent or any other relative having proof of guardianship issued by a competent court of law.
 
4. Will I be allowed to take money out from my account by myself?
This is where you'll have to take your mummy's, daddy's or guardian's help. They will have to sign for you and take money out for you from your account.
 
5. Will I be able to deposit money in my account by myself?
Yes, you will be able to deposit money in your account at any Allied Bank branch or when the Allied Rising Star team visits your school.
 
6. What will I get when I open my Allied Rising Star - Youth’s 1st Bank Account?
You'll get a cash box, an exciting gift, a 'first bank account' certificate and an ID card with your name and picture on it once your account is opened!
 
7. Will my mummy and daddy get benefits too?
Yes, they will. They will get insurance cover of up to Rs. 500,000 in case of any mishap, plus the Allied Cash+Shop Visa Debit Card and cheque books for your accounts.
 
8. How will my account work?
Well, you will get two accounts when you become an Allied Rising Star. One will be your Main Account, which will have all the money that you deposit in it. The second will be called your Wallet Account, in which all your profit will be collected, daily.
 
9. How often will I get my profit?
The best part is that you will earn 'daily' profit! Your profit will go in your Wallet Account everyday, which means your total savings will increase everyday! Isn't that amazing?
 
10. What is Bonus Cash?
Bonus Cash is what the Bank will give you every time you collect Rs. 100 profit in your Wallet Account.
 
11. How much will the Bonus Cash be?
It will be Rs. 25 on every Rs. 100 profit collected in your Wallet Account.
 
12. How can I open my Allied Rising Star - Youth's 1st Bank Account?
You can open your account by visiting your nearest Allied Bank branch with your parent/guardian. All you'll have to do is fill in the Account Opening Form with your parent/guardian and you'll become an Allied Rising Star. It's that simple!

Don't forget to bring your Form 'B' or Child Registration Certificate (CRC), 2 passport size pictures of yourself and your parent's/guardian's C.N.I.C. when you visit the branch.
 
Note: I suggest you bring a casual picture of yourself.