Askari Islamic GO Current Account

Overview

Reference to the BPRD Circular No 1, dated April 01, 2026, in an important move to build a financially savvy young generation, the State Bank of Pakistan (SBP) has launched a new framework for teenagers’ accounts enabling them to independently own and operate bank accounts. The framework aims to allow teenagers to open and operate their accounts in banks through a simplified and convenient mechanism. It also aims to provide hands-on banking experience to teenagers for the effective and responsible use of financial services, preferably through digital means.  

Key Features

Following are the key features of the products offered under Askari Islamic Go Accounts:  

  • No Opening Balance Requirement 
  • No Minimum Balance Requirement
  • Account Opening through nationwide Branches and Digital Banking
  • Available in PKR Currency only
  • In the name of applicant, Individual Singly and Jointly Operated Accounts
  • Cheque book or other negotiable instruments not to be offered
  • Credit or overdraft facility not to be offered
  • Instant Account Opening or a maximum time span of two working days upon completion of all documents.
  • 24/7 customer support through the Contact Center

Free Services Include: 

  • Issuance of PayPak Debit Card
  • Inter Branch Online Cash Deposit (Online Deposit)
  • I-Net Banking
  • E-statements
  • SMS Alerts on digital transactions
  • Annual Fee of PayPak card to be waived if average balance of PKR 10,000/- is maintained monthly*
  • Free Education Takaful Plan – Rs. 10,000/- per month, incase of death of guardian or parents.

No documents available.

 

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Last Updated: 24 June, 2026

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