A Shariah compliant Mudharabah based product (Saving Account) for individuals of 55 years or above age. This Account is designed to cater the Banking requirements of Senior citizens.
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Salient Features
- Initial Deposit for Account opening is Rs. 1,000/- for Regular Account and Rs. 100/- for Asaan Account variant
- Profit calculated on monthly Average Balance and paid monthly
- Free Accidental Death & Disability Takaful coverage up to Rs. 500,000/-*
- Free In-Hospitalization benefit coverage of 6,000/- per day*
- Free Medical Health Card – providing up to 30% discounts on Lab Services*
- Free First Debit Card
- Free Cheque book of 50 leaves per year
- Free Two (02) Intercity online transactions per month (Cash Deposit/Withdrawal or Account to Account Transfer)
- Free E-Statements
- Free Access to myABL Internet Banking
- Balance requirement Rs. 50,000/- per month*
* Terms & Conditions apply
