Allied Business Account

Key Benefits

Key Benefits Customers Can Avail:

• Open an account with just Rs. 1,000

• Free e-statement

• No zakat deduction

• Free online cash deposit, withdrawal, and fund transfer

• Free first cheque book (10 leaves); subsequent cheque books are free upon maintaining the average monthly balance

• Free access to myABL Business Internet Banking

Additional Free Services (upon maintaining a minimum average balance of PKR 25,000):

• Cheque / instrument deposit for clearing / collection by remote branches

• Issuance of demand drafts / Allied Banker’s Cheque / Pay Order / Call Deposit Receipt

• Duplicate issuance or cancellation of the above instruments

• Intercity clearing / OBC

Open an Allied Business Account today and watch your business grow!

Frequently Asked Questions (FAQs)

Q1: Who is eligible to open a Business Account?

Any business person, sole proprietor, partnership firm, or private/public company can open this account.

Q2: Is there any monthly balance requirement?

Yes. A minimum monthly average balance of Rs. 50,000 is required. If not maintained, only Rs. 50/- is charged. However, free services are offered on maintaining just Rs. 25,000.

Q3: Are cheque book and debit card offered free?

• Debit card: Issued as per Schedule of Charges (SOC)

• Cheque book: First 10 leaves are free. For further free issuance, maintain an average balance of Rs. 25,000.

Q4: Can the account’s ATM card be used at point of sale (POS)?

Yes, the ATM card for individual businessmen/sole proprietors can be used at all POS terminals.

Q5: Is internet banking available with this account?

Yes! myABL Business Internet Banking is offered with no registration charges.

Q6: Is there any limit on number or amount of transactions?

No, there is no limit on the number or amount of transactions.

Key Fact Statements

Click here to view KFS