Current Account

Allied Bank HBL United Bank Bank

Limited Bank Alfalah Al Habib
Limited
Account Name Current HBL UBL Alfalah PKR AL Habib Apna
Account Conventional Mukammal Current Individual Current
Current Current Account Account
Account Account
Minimum Average Rs. 25000 Rs. NIL Rs. 5000 Nil
Balance 5000
(Monthly)
Monthly Changes Rs. 50 Rs. 45 Rs. 40 Nil Conditional
(If under minimum
average
balance)
ATM Yes Yes Yes Yes Yes
Internet Yes Yes Yes Yes Yes
Banking
Mobile Yes Yes Yes Yes Yes
Banking
SMS Alerts Yes Yes Yes Yes Yes
Free 1 1 1 1 1
Cheque Book
Withdrawals Unlimited Unlimited Unlimited Unlimited Unlimited
/Deposits
Free Statement Yes Yes Yes Yes Yes
Free Transfers Yes Yes Yes Yes Yes
Inter-City Yes Yes Yes Yes Yes
Transfers

Asaan Account
 Allied Bank HBL United Bank Bank
Limited Bank Alfalah Al Habib
Limited
Account Name Allied Asaan HBL UBL Alfalah AL Habib Asaan
Account Asaan Asaan Asaan Current/Savings Account
Account Account Account

Initial Deposit Rs. 100 Rs. 100 Rs. 100 Rs. 100 Rs. 5

Monthly Nil Nil Nil Nil Conditional

Changes

Free Yes Yes Yes Yes Yes

ATM
Internet Yes Yes Yes Yes Yes
Banking
Mobile Yes Yes Yes Yes Yes
Banking
SMS Alerts Yes Yes Yes Yes Yes
Free 1 1 1 Upon Request 1
Cheque Book
Total Credit Rs. 500000 Rs. 500000 Rs. 500000 Rs. 500000 Rs.
(Monthly) 500000

Total Debit Rs. 500000 Rs. 500000 Rs. 500000 Rs. 500000 Rs.
(Monthly) 500000
Type Current/ Current/ Current/ Current/Savings Current/Savings
Savings Savings Savings
Requirement Resident Resident Resident Resident Resident
Of Pakistan Of Pakistan Of Pakistan Of Of
Pakistan Pakistan
Accidental Yes No No No No
Coverage
E-Statement Yes Yes Yes Yes Yes

Remittance Account

Allied Bank HBL United Ban Bank

Limited Bank Alfalah Al Habib
Limited
Account Name Allied Express HBL Home Home Alfalah Asaan
Account HumWatan Remittance Remittance Remittance Current
Account Account
Minimum Nil Nil Nil Nil Nil
Balance
 Zakat No No No No No

Tax Deductions No No No No No

Free ATM/Debit Yes Yes Yes No Yes

Card
Free Cheque Yes Yes Yes No No
Book
Phone Banking Yes Yes Yes Yes Yes
Internet Yes Yes Yes Yes Yes
Banking
SMS Banking Yes Yes Yes Yes Yes
Types Current Current/ Current/ Current Current
Savings Savings
Instant Transfer Yes Yes Yes Yes Yes

Kids Account

Allied Bank HBL United Bank Bank

Limited Bank Alfalah Al Habib
Limited
Account Name Allied Rising HBL UBL First Alfalah AL Habib Young Savers
Star Money Minor SnaPack Account
Club Saving Account
Account
Age (Years) Under 18 Under 18 Under 18 6 -17 Under 18
Cheque Book Yes Yes Yes Yes Yes
ATM/Debit Yes Yes Yes Yes After age 16
Card
Internet Yes Yes Yes Yes Yes
Banking
SMS Alerts Yes No Yes Yes No
Insurance Rs. 500000 No No No No
Cover-up
Guardian Yes Yes Yes Yes Yes

Profits Yes Yes Yes Yes up-to Yes, up-to 8.50%

8.90%
Discounts No Yes No No No
through Debit
Card
Minimum Nil Nil Nil Nil Nil
Balance
Types Current/ Current/ Current/ Current/ Current/
Savings Savings Savings Savings Savings
 Senior Citizen

Allied Bank HBL United Bank Bank

Limited Bank Alfalah Al Habib
Limited
Account Name Allied Senior HBL UBL Alfalah Care AL Habib Senior
Citizens Rutba Zindagi Citizen Account
Account Account
Age (Years) 55 or above 55 or 60 or above 55 or above 60 or above
above
Initial Deposit Rs. 1000 Rs. 1000 Rs. 100 Rs. 100 Rs. 1000

Minimum Rs. 50000 Rs. 10000 Nil Nil Nil

Balance

Maintenance Rs. 140 Yes Nil Nil Nil

Charges conditions
apply
Cheque Book 1 free per year 1st Free 1st Free Yes No

Health Card/ Yes Yes Yes Yes Yes

Debit Card
Internet Banking Yes Yes Yes Yes Yes

Health Card None - - - -

Limit
Type Current Current Current Savings Savings

Profit Yes Yes 6.25% per Yes, monthly Monthly

year
Discounts Up-to 30% Yes Yes No No
E-Statements Yes Yes Yes Yes Yes
Hospital Rs. 6000 per No No No No
Coverage day
Accidental Rs. 500000 Yes No No No
Insurance
Coverage
ATM Yes Yes Yes Yes Yes
Phone Banking Yes Yes Yes Yes Yes
SMS Alerts Yes Yes Yes Yes Yes

Term Deposit
 Allied Bank HBL United Bank Bank
Limited Bank Alfalah Al Habib
Limited
Account Name ALLIED TERM HBL UBL Term Alfalah AL Habib
PLUS Advantage Deposit Term Mahana
DEPOSITS Account Receipt Deposit Munafa
Account
Tenure 1, 3 and 6 1 month - 10 1, 2, 3, 4, 5 1, 3 and 6 1, 2, 3, 4 and 5
months, years and 6 months, years
1, 3, 5 and 10 months, 1, 2, 3, 4
years 1, 2, 3, 4, 5, and 5 years
6, 7, 8, 9 and
10 years
Annual Profit 8.05% - 11.06% 8.57% – Depends on 8.25% - 9.75% - 10.10
9.11% Market 9.55% %
Conditions
Monthly Profit 8.500% - 8.25% – Depends on 8.25% - -
10.50% 8.75% Market 9.55%
Conditions
Minimum Rs. 10000 Rs. 25000 - Rs. 1 Rs. 25000
Investment/Balance
Premature Available Available Available Available Available
Withdrawal
Principle Stays Secure Stays Secure - Stays Stays Secure
Secure
Phone Banking Yes Yes Yes Yes Yes
SMS Alerts Yes Yes Yes Yes Yes
Internet Banking Yes Yes Yes Yes Yes
E-Statements Yes Yes Yes Yes Yes

FOREIGN CURRENCY TERM DEPOSIT

Allied Bank HBL United Bank Bank

Limited Bank Alfalah Al Habib
Limited
Account Name Foreign Currency HBL High UBL Foreign Alfalah AL Habib
Term Deposit Yield Currency Foreign Foreign
Foreign Term Deposit Currency Currency Saver
Fixed Receipt Fixed Account
Deposit Account

Tenure 3, 6 and 12 1, 2, 3, 6 and 3, 6 and 12 1, 3, 6 and 1 – 12 months

months 12 months months 12 months

Currency Multiple Multiple US Dollars, US Dollar, USD ($)/ GBP/

Currencies, Currencies British Pound Euro
 including Including Pounds, and Sterling or
USD/GBP/EUR USD, GBP, Euros etc. Euro
and EUR.
Profit 0.05% - 0.40% 0.05% - PLS scheme 0.010% - 0.25% - 1.50%
0.90% 0.500%
Minimum 1 1000 units of 100 units of No 100 units of
Investment/Balance any currency currency minimum currency
amount
required
Premature No Available Available Available Available
Withdrawal
Principle Stays Safe Stays Safe Stays Safe Stays Safe Stays Safe
Phone Banking Yes Yes Yes Yes Yes
SMS Alerts Yes Yes Yes Yes Yes
Internet Banking Yes Yes Yes Yes Yes
E-Statements Yes Yes Yes Yes Yes

Digital Banking Services

Allied Bank HBL United Bank Bank Meezan
Limited Bank Alfalah Al Habib Bank
Limited Limited
Mobile App myABL HBL Mobile UBL Digital Alfa AL Habib Meezan
Digital App App agile Mobile
Banking
Bio-Metric Yes Yes Yes Yes Yes Yes
ATM Service
E-Statement Yes Yes Yes Yes Yes Yes
of Account
SMS Banking Yes Yes Yes Yes Yes Yes
Transactional Yes Yes Yes Yes Yes Yes
Alerts
Facility
Call Center Yes Yes Yes Yes Yes Yes
Phone Yes Yes Yes Yes Yes Yes
Banking
Internet Yes Yes Yes Yes Yes Yes
Banking

Mobile App
Allied Bank HBL United Bank Bank Meezan
Limited Bank Alfalah Al Habib Bank
Limited Limited
 Name myABL HBL UBL Digital Alfa AL Habib Meezan
Digital App Mobile App agile Mobile
Banking
Manage multiple Yes Yes Yes Yes Yes Yes
accounts

Account Yes Yes Yes Yes Yes Yes

Statement
Profile Yes Yes Yes Yes Yes Yes
E-Statement Yes Yes Yes Yes No No
Online Funds Yes Yes Yes Yes Yes Yes
Transfer
Credit Card Bill Yes Yes Yes Yes Yes Yes
Payment
Online Shopping Yes Yes Yes Yes Yes Yes
Mobile Top Up Yes Yes Yes Yes Yes Yes
Pay Utility Bills Yes Yes Yes Yes Yes Yes
Inter City Funds Yes Yes Yes Yes Yes Yes
Transfer
Funds Transfer Yes Yes Yes Yes Yes Yes
to Accounts
within Bank
Stop/Revoke Yes Yes Yes Yes Yes Yes
Payments

Cheque Book Yes Yes Yes Yes Yes Yes

Request

ATM Request Yes Yes Yes Yes

Inter-Bank Yes Yes Yes Yes Yes Yes
Transfer IBFT
movie/bus/event Yes Yes Yes Yes No No
tickets
SMS Alerts No Yes Yes Yes No No
Branch Locator Yes Yes Yes Yes Yes Yes
QR Code No Yes Yes Yes No No
Payment
Biometric Login Yes Yes Yes Yes No Yes
Transaction No Yes No Last 30 days Yes Yes
Details transaction
details
PlayStore Rating 3.8 4.4 4.4 43 2.7 4.4
Reviews 2K 35K 7K 10K+ 2K+ 8K+
Downloads 100K+ 1Million+ 500K+ 500K+ 100K+ 100K+

Premium Debit Card

Allied Bank HBL United Bank Bank
Limited Bank Alfalah Al Habib
Limited
Name ALLIED VISA HBL World UBL Alfalah Visa BAHL
PREMIUM Debit Card Premium Signature Visa Debit
DEBIT CARD Debit Debit Card Card
MasterCard
 (Primary
Gold)
International 1000 Airport 850 VIP Free access 650 lounges Yes
Airport Lounges international at CIP worldwid
Lounge airport Lounges in
Facility lounges Karachi,
Lahore and
Islamabad.

Hotels 900 Luxury Yes Yes 900 Yes

Hotels Prestigious
Hotels
Worldwide
Daily ATM Rs. 300000 - Rs. 200000 Rs. 500000 Rs. 75000
Withdrawals
Limit
POS Purchase Rs. 1 Million - Rs. 200000 Rs. 600000 Rs. 200000
Per day ATM Rs. 1 Million - - Rs. 250000 Rs. 150000
IBFT limit
Per day ATM Rs. 1 Million - - Rs. 250000 Rs. 150000
Funds
Transfer
Travel Yes Yes Yes Yes Yes
Insurance
Travel Yes Yes Yes Yes Yes
Medical
Insurance
Dining Yes Yes Yes Up-to 30% Yes
Discounts
Eligibility Current Account High Net- High Average 12 Average
Criteria Holder Last 6 worth Average months Balance
Months Average Balance per balance to above Rs.
Balance Rs. 2 Month be Rs. 1 500000
Million and Million, Rs.
above, 1 Million
Savings Account Initial
4 Million and Deposit
above
Global Yes Yes Yes Yes Yes
Customer
Assistance
Service
(GCAS)

Credit Card
Allied Bank HBL United Bank Bank
Limited Bank Alfalah Al Habib
Limited
Name ALLIED VISA HBL UBL Visa Alfalah AL Habib
CREDIT Platinum Platinum VISA Credit Card
CARD Credit Card Credit Card Platinum
Credit Card
 Pay Purchases Up-to 50 Days Up-to 60 Up-to 45 Up-to 50 Up-to 51
Days Days Days Days
Global Yes Yes Yes Yes Yes
Acceptance
Supplementary 2 1 1 6 3
Cards
Zero Loss Yes Yes Yes Yes Yes
Liability
Phone Banking Yes Yes Yes Yes Yes
SMS Alerts Yes Yes Yes Yes Yes
Global Yes Yes Yes Yes Yes
Customer
Assistance
Service (GCAS)
Balance Yes Yes Yes Yes Yes
Transfer Facility

PayPak Card
Allied Bank HBL United Bank Bank
Limited Bank Alfalah Al Habib
Limited
Name ALLIED PAYPAK HBL PayPak - Alfalah PayPak
DEBIT CARD DebitCard PayPak Debit Card
Classic
Debit Card

Cash Rs. 25000 - Rs Rs. 25000 - - -

Withdrawal 50000 per day per day
ATM Rs. 250000 - - Rs. 50000 Rs. 40000
POS Rs. 25000 -Rs Rs. 50000 - Rs. 50000 Rs. 100000
50000
Fund Rs. 50000 per day Rs. 50000 - Rs. 250000 Rs. 100000
Transfers
Interbank Rs. 250000 per day - - - -
Fund
Transfers
(IBFT)
Bill Payment Yes Yes - Yes Yes
Phone Yes Yes - Yes Yes
Banking
Internet Yes Yes - Yes Yes
Banking
SMS Yes Yes - Yes Yes
Banking
Utility Bill Yes Yes - Yes Yes
Payment
Balance Yes Yes - Yes Yes
Inquiry
Cheque Yes Yes - Yes Yes
Book
Request
ATM
Allied Bank HBL United Bank Bank
Limited Bank Alfalah Al Habib
Limited
Withdraw Up to Rs. Up to Rs. Up to Rs. Up to Rs. Up to Rs.
Cash 40000 Daily 50000 Daily 40000 50000 40000
1Link Yes Yes Yes Yes Yes
Pay Bills Yes Yes Yes Yes Yes
Transfer Yes Yes Yes Yes Yes
Money
Credit Card Yes Yes Yes Yes Yes
Payments

Branch Service
Allied Bank HBL United Bank Bank
Limited Bank Alfalah Al Habib
Limited
Open New Yes Yes Yes Yes Yes
Account
Withdraw Yes Yes Yes Yes Yes
Deposit Yes Yes Yes Yes Yes
Transfer Yes Yes Yes Yes Yes
Funds
Pay Bills Yes Yes Yes Yes Yes
Pay Credit Yes Yes Yes Yes Yes
Card Bill
Rent Locker Yes Yes Yes Yes Yes
Cheque Yes Yes Yes Yes Yes
Book
Issuance

Online Yes Yes Yes Yes Yes

Banking
Services
Clearing Yes Yes Yes Yes Yes
Instruments
Issuance of Yes Yes Yes Yes Yes
Pay Order,
Demand
Draft
Issuance of Yes Yes Yes Yes Yes
Account
Statement

Issuance of Yes Yes Yes Yes Yes

Term
Deposit
Certificate

Account Yes Yes Yes Yes Yes

Balance
 Status
Check

Foreign Yes Yes Yes Yes Yes

Inward /
Outward
Remittance
Special Yes Yes Yes Yes Yes
Clearing

Business Account
Allied Bank HBL United Bank Bank
Limited Bank Alfalah Al Habib
Limited
Name Allied HBL UBL Alfalah AL Habib
Business FreedomAccount Business Kamyab Current Plus
Account Partner Karobar Account

Online Cash Deposit Yes, Free Yes, Free Yes Yes, Free Yes, Free
Inter-city Clearing Yes, Free Yes, Free Yes Yes, Free Yes, Free
Online Cash Yes, Free Yes, Free Yes Yes, Free Yes, Free
Withdrawals
Account to Account Yes, Free Yes, Free Yes Yes, Free Yes, Free
Transfer
Issuance/Cancellation Yes, Free Yes, Free Yes Yes, Free Yes, Free
of Cheques/Demand
Drafts
Rate Interest Free Interest Free Interest Free Interest Free Interest Free
Monthly Service Rs. 100 if Maintain a Rs. 50 if avg Maintain a Nil, no
Charges avg balance minimum balance balance falls minimum minimum
under Rs. of Rs. 25,000 to below Rs. balance of balance
50000 avoid these 10000 avg Rs. required
25,000 to
avoid these
ATM Yes Yes Yes Yes Yes
POS Yes Yes Yes Yes Yes
Phone Banking Yes Yes Yes Yes Yes
Internet Banking Yes Yes Yes Yes Yes
Branch Banking Yes Yes Yes Yes Yes
SMS Alerts Yes Yes Yes Yes Yes
Account Statement Yes Yes Yes Yes Yes
Locker Access No Yes Yes No No
Utility Bills Payment Yes Yes Yes Yes Yes

PLS account
Allied Bank HBL United Bank Bank
Limited Bank Alfalah Al Habib
Limited
Rate 3.75% on Dependent on Share profit half On maintaining Monthly and 6
monthly avg currency yearly basis, avg balance of monthly payout
maintenance calculated on Rs. 5 Million
 monthly average plans on avg
balance balance
Cash Free Free No Limitation Yes Yes
Withdrawal
(within city)
Cash Up to Rs. Yes Yes Yes Yes
Withdrawal 500000 at up to
(Intercity) 0.05% charges
Cash Deposit Free Yes Yes Yes Yes
(With City)
Cash Deposit Up to Rs. Yes Yes Yes Yes
(Intercity) 500000 at up to
0.05% charges
Funds Transfer Rs. 10 – Rs. 50 Yes Yes Yes Yes
(Bank to Bank) charged
Funds Transfer Rs. 100 charged Yes Yes Yes Yes
(Inter Bank)
ATM Yes Yes Yes Yes Yes
POS Yes Yes Yes Yes Yes
Phone Banking Yes Yes Yes Yes Yes
Internet Yes Yes Yes Yes Yes
Banking
Branch Banking Yes Yes Yes Yes Yes
SMS Alerts Yes Yes Yes Yes Yes
Account Yes Yes Yes Yes Yes
Statement
Cheque Book Yes Yes Yes Yes Yes

Bancassurance Education and Marriage

Allied Bank HBL United Bank
Limited Bank Alfalah
Limited
Managed by EFU Life Jubilee Life EFU Life Assurance Jubilee Life
Assurance Insurance Insurance
Company Company
Limited Limited
Name ILM & Anmol HBL TABEER UBL Better Life Rida Marriage
Rishtay Educational/Marriage Fund/Roshni
Fund Education Plan
Funds EFU Managed Managed Fund, EFU Managed Growth Managed Fund,
Available Growth Fund, Capital Growth Fund Capital Growth
EFU Fund, Meesaq Fund, Meesaq
Guaranteed Fund, Yaqeen Fund, Yaqeen
Growth Fund, Growth Fund Growth Fund
EFU Aitemad
Growth Fund

Policy Term 1 – 25 years 10 to 57 years 1 – 25 years 10 to 57 years

% Return 40% - 110% 30 %- 100% 40% - 110% 40% - 100%
Accidental Yes Yes Yes Yes
Death Benefit
Maturity Yes Yes Yes Yes
Benefit
 Maturity Bonus Yes. Yes Yes. Yes.
Minimum Rs. 24000 Rs. 24000 Rs. 24000 annually Rs. 24000
Payment annually (Can annually (can (Can be divided in annually (Can
be divided in be divided in semiannually, Quarterly be divided in
semiannually, semiannually, and monthly payments) semiannually,
Quarterly and quarterly and Quarterly and
monthly monthly monthly
payments) payments) payments)
Maximum No Rs. 600000 No No
Limit
Eligibility Age 18 - 65 years 18 - 55 years 18 - 65 years 18 - 65 years
Maximum 75 years 75 years 75 years 75 years
Individual
Maturity Age
Surrendering After 5 years After 2years After 5 years After 2 years
Policy
Bid Offer 5% 5% 5% 5%
Spread
Administration Rs. 60 per Rs. 100 per Rs. 60 per month Rs. 100 per
Charges month month deducted annually month

Retirement Bancassurance
Allied Bank HBL United Bank
Limited Bank Alfalah
Limited
Managed by EFU Life Jubilee Life EFU Life Assurance Jubilee Life
Assurance Insurance Insurance
Company Company
Limited Limited
Name Savings and Bancassurance- UBL BetterLife Sahara
Reyirement Amaan Retirement Plan Retirement
Plan Plan
Fund Available EFU Managed Managed Fund, EFU Managed Growth Managed
Growth Fund, Capital Growth Fund Fund, Capital
EFU Fund, Meesaq Growth Fund,
Guaranteed Fund, Yaqeen Meesaq Fund,
Growth Fund, Growth Fund Yaqeen
EFU Aitemad Growth Fund
Growth Fund

Policy Term 1 – 25 years 10 to 25 years 1 – 25 10 to 47 years

% Return 40% - 100% 30 %- 103% 40% - 100% 40% - 103%
Accidental Yes Yes Yes Yes
Death Benefit
Retirement Yes, at age 60 Yes Yes, Between age 60 Yes
Option to 70
Life Care Yes, up to 1.5 Yes Yes. Yes.
Benefit million rupees
Hospital care Yes Yes, Rs. 15000 Yes
Benefit Daily
Minimum Rs. 24000 Rs. 18000 Rs. 15000 Rs. 36000
Payment
 Maximum No No No No
Limit
Eligibility Age 18 - 65 years 18 - 65 years 18 - 65 years 18 – 50 years
Maximum 75 years 75 years 75 years 75 years
Individual
Maturity Age
Surrendering After 2 years Yes, 5% After 2 years After 2 years
Policy surrender charge
Bid Offer 5% 5% 5% 5%
Spread
Administration Rs. 60 per Rs. 165 per Rs. 90 per month Rs. 90 per
Charges month month month
Investment 0.125% p/m 1.5% p/a 1.5% p/a 1.5% p/a
Management
Charge
Payable to Spouse 50% of Spouse 50% of Spouse Spouse
After Death retirement retirement
income income

Family Insurance Plan

Allied Bank HBL United Bank
Limited Bank Alfalah
Limited
Managed by Jubilee Life Jubilee Life Jubilee Life Insurance Jubilee Life
Insurance Insurance Company Limited Insurance
Company Company
Limited Limited
Name Virasat Plan Bancassurance- UBL BetterLife Parbat Rehnuma Plan
Hifazat Plan
Fund Available Managed Fund, Managed Fund, Managed Fund, Managed
Capital Growth Capital Growth Capital Growth Fund, Fund, Capital
Fund, Meesaq Fund, Meesaq Meesaq Fund, Yaqeen Growth Fund,
Fund, Yaqeen Fund, Yaqeen Growth Fund Meesaq Fund,
Growth Fund Growth Fund Yaqeen
Growth Fund
Policy Term Whole Life Whole Life 10 – 57 years 10 to 57 years
% Return 30% - 103% 40%- 100% 40% - 100% 40% - 103%
Accidental Yes Yes Yes Yes
Death Benefit
Hospital care Yes Yes, Rs. 3000 Yes Yes
Benefit Daily
Family Income Yes Yes Yes Yes
Benefit
Minimum Rs. 30000 Rs. 18000 Rs. 15000 Rs. 18000
Payment
Maximum Limit No No No No
Eligibility Age 18 - 65 years 18 - 65 years 18 - 65 years 18 – 65 years
Maximum 75 years 75 years 75 years 75 years
Individual
Maturity Age
Surrendering After 2 years After 2 years After 2 years After 2 years
Policy
 Bid Offer 5% 5% 5% 5%
Spread
Administration Rs. 90 per Rs. 165 per Rs. 165 per month Rs. 90 per
Charges month month month
Investment 0.125% p/m 1.5% p/a 1.5% p/a 1.5% p/a
Management
Charge

Islamic Current Account

Allied Bank HBL Meezan Falah

Limited Bank Islamic
Current
Account

Account Name Current HBL Islamic Rupee Alfalah

CurrentAccount Account PKR
Account
Current
Account

Initial Deposit Rs. 1000 or Rs. 5000 or Rs. 1000 Rs. 1000
100 units of 1000 units of
foreign foreign
currency currency
Minimum Average No No No No

Balance

Transaction Restriction No limit Rs. 500000 per Yes Nil

day

ATM Yes Yes Yes Yes

Internet Yes Yes Yes Yes

Banking

Mobile Yes Yes Yes Yes

Banking

SMS Alerts Yes Yes Yes Yes

Cheque Book Yes Yes Yes Yes

Withdrawals Unlimited Unlimited Unlimited Unlimited

/Deposits

Free Statement Yes Yes Yes Yes

Free Transfers Yes Yes Yes Yes

Inter-City Yes Yes Yes Yes

Transfers

Profit or Loss Not Shared Not Shared Not Shared Not Shared
with with Customer with with
Customer Customer Customer
Operation Mode Qard Qard Qard
Intercity Yes Yes Yes
Within City Yes Yes Yes
E-Statement Yes Yes Yes Yes

Islamic Saving Account

Allied Bank HBL Meezan Bank Bank Al Falah Bank
Limited Islami
Account Name ALLIED ISLAMIC - Rupee Savings Falah Islamic Islami
SAVINGS Account Current Account Bachat
ACCOUNT Account

Initial Deposit Rs. 1000 - Rs. 100 Rs. 1000 Rs. 100
Withdrawals No restriction - No Restriction No restriction No
restriction
ATM Yes - Yes Yes Yes
Internet Yes - Yes Yes Yes

Banking
Mobile Yes - Yes Yes Yes

Banking
SMS Alerts Yes - Yes Yes Yes
Cheque Book Yes - Yes Yes Yes
Free Statement Yes - Yes Yes Yes
Profit or Loss Shared monthly/6- - Shared 50% Shared Yes
monthly Profit paid on monthly/6-
monthly basis monthly
(5.01% Feb
2019)
Operation Mode Mudarba - Mudarba Mudarba Mudarba
E-Statement Yes - Yes Yes Yes

Ijarah Finance
Allied Bank HBL Meezan Bank Al Bank Al UBL
Limited Bank Falah Habib
Name ALLIED ISLAMIC HBL Meezan Car Alfalah Car Ijarah UBL Ameen
CAR IJARAH Ijarah Ijarah Ijarah Finance Drive
(Leasing)
Availability Used & New Cars Used and Used & New New, Used Vehicles New, Used
In New Cars, Cars Nand and & Imported
Machinery Imported Machinery Cars
and Plants Cars
Tenure 2 - 5 years 2 -7 years 1 – 7 years 1 – 7 years Customized 1 – 5 years
Financing Up to 6 million - - - - -
Rentals No No No No No No
Before
Delivery
Minimum - - 15% of total 15% of total - -
Deposit price price
Tracker No No Yes Yes No Yes
Salaried 3 months in Currently - -
Person current job, employed
2 years with total
continuous employment
employment experience
of 6 months
Businessman - Minimum 2 years Minimum 1 - Minimum 1
length of continuous year in year in
business involvement current current
should be in current business business
3 years business
Monthly - - In excess of Rs. 50000 - Rs. 35000 -
Income 2 times the Rs. 50000
monthly
rental
Age - - - 21 – 60 years - 21 – 60,
Requirement govt salaried, 21 –
employees, 65
65 years businessman
private
sector at
time of
maturity, 21,
- 70 for
businessman
at time of
maturity