Allied Islamic Anmol Plus Account

Allied Islamic Anmol Plus Account will be operated like normal chequing account on profit/loss sharing basis.

  • Salient Features

    1. The Bank will utilize all such deposits as the Bank may deem appropriate in Shariah compliant modes of financing / investments.
    2. No charges will be recovered at the time of closing the account.
    3. Initial deposit amount: Rupees 1,000 for Pak Rupees Accounts and 100 units in respective foreign currency.
    4. No initial deposit will be required for the followings categories:
      • Mustahkeen of Zakat
      • Students
      • Employees of Government or Semi Government institutions for salary and pension purposes (including widows / children of deceased employees eligible for family pension / benevolent fund grant etc.), other autonomous bodies and similar types of accounts.
    5. No restriction on number of deposit / withdrawal transactions (except otherwise stated).
    6. Free or against charges (at parent / remote branch), following value added services may be offered to account holder(s) at the discretion of the Bank. However the Bank reserves the right to offer such services based on the criteria approved by the Bank from time to time and specified in the Schedule of Bank Charges.
    7. Eligible for following as per the Bank’s discretion:
      • Online banking services available at the Bank’s entire network
      • Globally accepted Allied Cash plus Shop Visa Debit Card / ATM Card
      • Access to myABL Internet Banking
      • 24/7 access to account through Allied Phone Banking
      • SMS Alert service on transactions
      • Facility of foreign remittances through the following accounts:
        • Foreign currency
        • Local currency, to the extent of amount allowed by State Bank of Pakistan only for certain categories such as for student’s fee, medical charges, travel expense etc

  • Additional Features

    1. Account will be operated based on the mode of Mudaraba with No Minimum balance requirement.
    2. Profits or Loss will be shared on monthly basis or as may be decided / declared from time to time at the discretion of the Bank.
    3. Account can only be opened in Pak Rupees only.
    4. At all branches, if daily minimum balance of previous month is Rupees 100,000 or above (free in the account opening month irrespective of the balance). Following facilities will be available free of charge for next month or as approved by the Bank from time to time:
      • Online Cash Deposit
      • Online Cash Withdrawal
      • Online Account to account transfer
      • Online Clearing Collection by Remote Branch
      • Online Balance Enquiry
      • Online Printing of Statement of account
      • Free Manual Remittances for Account to Account transfer only & Issuance of DD/TT/PO/ABC/OBC*/ Express Collection/Call Deposit Receipt by debit to the Account only from parent branch only
      • Flat charges of Rupees 50 on cancellation of PO/DD/ABC (Free for the account opening month and in the next month charge will be Rupees 50)
      • First cheque book of 10 leaves

Note: *OBC Charges is free whereas other charges i.e. postage / courier charges will be deducted