Overview
Recognizing the growing financial independence and digital habits of young individuals, Allied Bank developed this innovative current account to support those aged 18 to 35 — regardless of their economic or educational background.
It is packed with modern banking tools, digital benefits, and cost-saving features, all tailored for the new generation.
Key Features
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Available to individuals aged 18 to 35 years
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Youth-branded Debit Card (Visa)
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Two FREE online transactions per month
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FREE institutional fee transfers to collecting accounts
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No monthly fee if average balance is maintained:
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Rs. 10,000 (for age 18–25)
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Rs. 50,000 (for age 26–35)
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Rs. 50 monthly charge applies if the balance isn’t maintained
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Pay Anyone feature – send money to any CNIC holder (even without a bank account)
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Joint Account option available
Additional Benefits
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Opportunity to apply for corporate internships
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FREE Premium Access to the Vouch365 mobile app
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Free e-statements
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Accidental insurance coverage up to Rs. 500,000
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Special discounted rate on personal loans
Eligibility Criteria
This account is available to:
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Individuals aged 18–35 years
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Students, self-employed individuals, and working professionals
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Allied Rising Star Account holders turning 18
Frequently Asked Questions (FAQs)
Q1: What is the difference between Allied Youth Account and Allied Youth Asaan Account?
Allied Youth Account is a current account with no transaction limits, available after full KYC and income verification.
Allied Youth Asaan Account requires only CNIC and has a PKR 1,000,000 debit/credit limit.
Q2: Does this account offer profit on deposited funds?
No, the Allied Youth Account is a current account and does not offer profit payouts.
Q3: Is there any transaction limit on this account?
No, this account has no maximum debit or credit limit.