Business Current Account

Accessible and easy transactional services for your business banking needs!

U Bank’s Business Current Account gives you the freedom to utilize our banking services for the smooth running of your business, without any additional bank charges.

Salient Features

Account Opening with a Minimum Balance of Only PKR 1,000

Free Debit Card

Free Duplicate Account Statement

Free First Cheque Book (25 leaves)

Free Monthly Inter Bank Funds Transfers (IBFT)

RTGS Facility

Free Accidental Life Insurance of the Account Holder (on maintaining avg. balance of 25,000 or above)

Free monthly Pay orders

Terms & Conditions Apply

Note: Free services are subject to the minimum balance requirements according to defined slabs

Required Documents

Valid CNIC of the applicant
Passport-sized photograph
Proof of income

Terms and Conditions are applicable

FAQs

How can I open a Business Current Account at U Bank?

The customer will be required to follow the following steps:

Visit your nearest U Bank branch
Choose the service you wish to avail
Provide the required KYC documents
Fill the provided account opening form, sign, and submit

What is the eligibility criteria for this account?

Any resident Pakistani with a valid CNIC or NICOP

What is the minimum balance requirement?

The minimum balance requirement is in accordance with pre-defined slabs: PKR 10,000, PKR 25,000, and PKR 50,000

What documentation is required to open this account?

The following documents are required:

Valid CNIC of the applicant
Passport-sized photograph
Proof of income

How long does the account opening process take place?

The process takes approximately 2 to 3 working days

Is there any limit on the number of transactions?

No, this account allows unlimited transactions

Are there any value-added services being offered on this account?

Free Debit Card
Free Duplicate Account Statement
Free First Cheque Book
Free Inter Bank Funds Transfers (IBFT)
RTGS Facility
Free Life Insurance of the Account Holder

Note: Free services are subject to the minimum balance requirements according to defined slabs

Who can open this account?

Sole Proprietors & Companies

Recommended Products

Premium Current Account

Easy Banking With Free Medical Insurance!

U Bank’s Premium Current Account is an easy one-stop solution for the everyday banking needs of salaried individuals, business owners, and female customers. The Premium Current Account offers meaningful value additions to its customers in the form of free medical insurance to depositors for up to 1 year along with multiple service charge waivers.

U Bank Cash Back Asaan Salary Transfer Account

Easy Banking with U Bank Cash Bank Asaan Salary Transfer Account

U Microfinance Bank introduces the U Bank Cash Bank Asaan Salary Transfer Account, designed specifically for salaried individuals who may not have structured income documents. Whether you’re a freelancer, contract worker, or someone who doesn’t have traditional proof of income, U Bank makes banking simple and rewarding. Enjoy cashback rewards, free banking services, and more—just by transferring your salary to the account.

U Bank Cash Back Salary Transfer Account

Get Rewarded Every Month with U Bank’s Salary Transfer Account

U Microfinance Bank introduces the Cash Back Salary Transfer Account, a specially designed current account that offers salaried individuals the chance to earn cashback just by depositing their salary. It’s the perfect blend of convenience, rewards, and financial empowerment.

UPaisa Karobar Mobile Account

A mobile account facility from UPaisa for businessmen.

The UPaisa Karobar Mobile Account provides an extended limit for its customers to easily make and collect cashless payments, without any reliance on cheque books. Customers Can easily make Inter Bank Fund Transfers (IBFT) using their mobile phones while they are travelling, at home, or from their workplace, without having the need to visit a bank branch.

Success Stories

Bringing Dreams to Life

Yasir Sheikh, a resident of Sheikh Muhalla in Shikarpur, Sindh, always dreamed of running his own business. He began with a small cart selling snacks on the street and gradually expanded to owning a grocery store. As his family grew, Yasir’s desire to provide a quality education for his children intensified. He enrolled them in good private schools, but soon found himself struggling to manage the school fees alongside daily expenses. Faced with the difficult choice between feeding his family and paying for education, Yasir felt overwhelmed and worried. In search of a solution, Yasir turned to U Bank for financial support. The bank's staff guided him through the loan options, and he quickly secured the necessary funds with Barhta Karobar Plus Loan. Within a year, Yasir not only expanded his grocery business but also successfully repaid the loan. Today, his store offers a wider variety of products, his income has increased, and his children are receiving the education he always dreamed of providing. Yasir’s story is a testament to how U Bank's microfinance services can empower small businesses to improve lives and livelihoods in Pakistan.

From Salesman to Business Owner

M. Iqbal Qadri from Adda Shabeel, Sahiwal – Punjab, Pakistan, is a determined business owner, who was working for a small pharmacy as a salesman before progressing to opening his own shop in Sahiwal. Sahiwal, where he is from, is an agricultural region and his family had traditionally been farmers. Between 2006 and 2007, Iqbal worked as a salesman, before he decided to open up his own retail store. He further required capital to expand it and increase his customer inflow. With suggestions from his friends, he twice availed the U Bank Islamic Banking - Apna Karobar Premium Murabaha Financing facility to add investment to his store for its growth. Today, he owns the shop himself, has added inventory and variety to his store, does not have to pay rent, sends his kids to good schools, and is living a good life.

U Bank Transforming Lives of Entrepreneurs

In the rural town of Kot Laysan, Rajanpur, Punjab, Tauqeer Ahmed has been running a successful clothing shop in Saddar Bazaar for 16 years, offering a wide variety of female clothing, from formal wedding clothes to casual dresses. Before starting his own business, Tauqeer worked as a salesman in a jewelry store for a decade, where he struggled with financial constraints. Realizing the potential in the clothing market, he decided to open his own shop, which required less initial investment and promised higher sales. To further expand his business, Tauqeer turned to U Bank for a Running Finance facility. The bank responded promptly, processing his loan quickly and offering a low markup rate. With this financial support, Tauqeer was able to invest in his business, resulting in substantial growth. Now, he enjoys daily sales of thousands of rupees, his income has improved significantly, and he has elevated his household's living standards. Tauqeer’s story highlights the vital role that U Bank's microfinance services play in empowering small and medium-sized businesses in Pakistan.

LISTENING...

Speak Now...

LISTENING...

Speak Now...