By maintaining a monthly average balance of Rs. 250,000/- or above, customers can enjoy the following free services:
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Free online cash deposit and withdrawal
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Free online clearing collection via any remote branch
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Free online balance inquiry
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Free online statement of account printing
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Free manual remittances for account-to-account transfers and issuance of:
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Demand Draft (DD)
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Telegraphic Transfer (TT)
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Pay Order (PO)
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Outward Bill Collection (OBC)
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Express Collection / Call Deposit Receipt (from the parent branch only)
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Debit Card issuance (as per Schedule of Charges)
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Free access to myABL Internet Banking
Initial Deposit: Rs. 1,000/- only
Monthly Service Charges: Rs. 50/-
(if the monthly average balance falls below Rs. 25,000/-)
Q: What is a current account?
A current account is opened for individuals who need to conduct a high volume of regular banking transactions such as deposits, withdrawals, and transfers.
Q: What is the difference between ABL Current Account and ABL Easy Current Account?
ABL’s Current Account provides comprehensive banking with minimum balance and service requirements.
The ABL Easy Current Account offers similar convenience but with no minimum balance requirement and no service charges.
Q: What is the difference between a current account and a savings account?
A current account is used for frequent transactions, while a savings account is intended to store funds and earn profit over time.
Q: How can I open a current account at ABL?
You can open an ABL Current Account by visiting your nearest Allied Bank branch with your CNIC and proof of income.