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Overview – Allied Aitebar Rising Star Account

Allied Aitebar Rising Star Account account is operated under the guardianship of a Parent/Natural Guardian (Father) or Court-Appointed Guardian and offers dual variants for secure financial planning:

  • Guardian (Main) Account – Allied Aitebar Rising Star Account (Saving)

  • Wallet (Minor) Account – Allied Aitebar Rising Star Pocket Money Account (Current)

This account empowers parents to introduce their children to structured savings at an early age while ensuring complete Shariah compliance. With value-added features and separate account structures for guardians and minors, it fosters financial literacy and protection.

  • Debit card issuance facility for Parent/Guardian

  • Initial Deposit: Rs. 2,000 (Guardian Account), Rs. 100 (Pocket Money Account)

  • First Bank Account Certificate for minors

  • Free Accidental Takaful coverage (up to Rs. 500,000) for Guardian

  • Free Cheque Book

  • Free online transactions (Cash Deposit / Withdrawal / A2A Transfer)

  • Free myABL Internet Banking for Guardian Account

  • No minimum balance requirement for profit eligibility

  • Zero account maintenance/service charges

  • No account closure charges

  • 24/7 access via Allied Phone Banking

For Minor:

  • Age up to 18 years under Parent/Natural Guardian (Father)

  • Age up to 21 years under Court-Appointed Guardian

For Guardian:

  • Must hold CNIC/SNIC/POC/NICOP

  • Must be:

    • Parent (Mother or Father)

    • Natural Guardian (Father)

    • Court-Appointed Guardian

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