Minimum requirements with attractive returns!
U Bank Islamic Banking offers a Shari’ah-compliant saving account based on the Islamic principle of Mudarabah. U Islamic Asaan Saving Account has been specially designed for customers who may face challenges in providing extensive documentation for opening a bank account.
This is the perfect Shari’ah-compliant banking solution for daily wage earners, skilled/unskilled workers, self-employed individuals, farmers, housewives, students, etc. to benefit from our bank account services, while increasing their savings with lucrative returns.
This account can be opened singly or jointly by Pakistani resident individuals.
Salient Features:
- Account opening with a minimum balance of PKR 100 only
- Maximum credit balance limit of PKR 1,000,000
- Maximum debit balance limit of PKR 1,000,000 per month
- Free Internet and online branch banking facility
- Account can be opened simply with a valid CNIC
- Debit card and cheque book facility
- Profit is calculated on the monthly average balance and paid on a monthly basis
- Zakat and Taxes are applicable as per government laws
Required Documents:
- Valid CNIC of the applicant
- Single-pager account opening form
*Terms & Conditions are applicable.
