Alfalah Bank Islamic Business Way Account

Alfalah Islamic Business Way account

Are you looking for a business account that lets you decide how it operates? Open the Alfalah Islamic Business Way account. You can opt for either a deposit account or a payroll account.

As a deposit account, Alfalah Islamic Business Way can be opened with Rs.1000, but when you maintain the monthly average balance of Rs.25000, you can avail a host of free exclusive services.

As a payroll account, you need an initial deposit of just Rs.1000 and your employees will benefit from the free services.

This account works in accordance to Shariah Principles.

Benefits:

· Cheque Books

· Pay Orders/ Demand Drafts (duplicate issuance and cancellation also included)

· Account statements (Semi-annually)

· E-statements

· Online transactions within Bank Alfalah network

· Alfalah Debit Card

· SMS alerts

In case you don’t maintain the monthly average balance of Rs.25000 then exclusive free services on this account will be charged as per prevailing Schedule of Bank Charges.

- This product is based on the concept of Mudarabah

- WHT and Zakat applicable as per prevailing laws and regulations of Pakistan.

- Free services are applicable as per prevailing Schedule of Bank Charges.

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