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Mehfooz Bachat Account

U Bank provides its deposit customer to earn income on their monthly average balance offering them Mehfooz Bachat account. It gives deposit customer to earn big return on their small investment.

Salient Features:

  • Profit up to 7.5% p.a.
  • Payment of profit on monthly basis
  • Cheque book and Debit Card facility
  • No restriction on deposit and withdrawals
  • Maximum deposit limit for individual customer is PKR 50,000,000
  • No restriction on minimum monthly deposit balance
  • Calculation of profit on monthly average deposit balance
  • Higher the deposit volume, higher the return

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ABOUT U BANK

U Microfinance Bank Ltd. (U Bank) is a wholly owned subsidiary of Pakistan Telecommunication Company Limited (PTCL) – Etisalat Company. The bank has a network of more than 200 touch points, across 183 cities and rural areas in Pakistan and offers a wide range of microfinance loans, deposit products, and branchless banking solutions. U Bank’s branchless banking offers services under the banner of U Paisa in collaboration with Ufone (Pak Telecom Mobile Limited). The service is offered at nearly 45,000 agent locations across Pakistan.

U Microfinance Bank is proud to be at the front line of fighting poverty in Pakistan and is dedicated to play its critical part in the implementation...
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