Falah
Basic Banking Account
Falah Basic Banking Account is a current account
best suited for small depositors looking to bank securely and conveniently.
Based upon Qard, (loan on demand) where you are the lender and Bank the
borrower, this Account is free of interest and the principle is guaranteed to
you, the depositor.
Features:
·
Open with an initial deposit of Rs.
1,000 only.
·
No monthly minimum balance requirement.
·
2 free withdrawal transactions every
month through cheque**.
·
No restriction on number of deposits.
Benefits:
·
Free cheque books.
·
VISA Debit/ATM Card accepted at over 30
million outlets and more than 1.5 million ATMs worldwide with unlimited, free
of charge withdrawals from bank owned ATMs.
·
Complimentary account statement once in
a year.
*Zakat is not applicable on this account
** Service charges apply as per the Bank’s
prevailing Schedule of Charges.
Note:
All the free services are subject to the terms and conditions as per
prevailing Schedule of Charges
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