Allied Islamic Asaan Current Account

The product is designed on the guidelines provided by SBP.

Allied Islamic Asaan Current Account provides simplified account opening requirement/procedure aimed for the financial inclusion of low risk customer especially unbanked/under banked segment of population.

Salient Features

The salient features of the product are:

  1. Simplified account opening.
  2. Initial deposit requirement for account opening is Rupees 100.
  3. Account can only be opened in Pak Rupees.
  4. Transaction turnover (Debit & Credit each) Rs. 500,000/- per month.
  5. No account maintenance/conversion/closing charges
  6. Complimentary statement of account on half yearly basis.
  7. Free first cheque of 10 leaves.
  8. Free SMS banking
  9. Free Issuance of ATM/Debit Card (annual charges apply as per SOC from second year)