Askari Waqaar Account

Askari Waqaar Account has been developed for senior citizens, enabling them to carry out their banking transactions and also to avail investment opportunities.

To open Askari Waqaar Account (Savings) digitally , click here

  • High returns
  • Offered in Savings/Term Deposit categories
  • Profit paid on monthly basis
  • Free first debit card
  • Free first cheque book
Features Savings Term Deposit
Tenure 1 year
Minimum Age to qualify 55 years 55 years
Profit Calculation Monthly Average Balance
Profit Payment frequency Monthly Monthly
Debit Card & Cheque Book Free for the first time (subsequent annual and replacement charges will apply) Free for the first time – for linked account (subsequent annual and replacement charges will apply)
Currency PKR PKR

A photocopy of any one of the following valid identity documents:

  • National Identity Card (CNIC) issued by NADRA
  • National Identity Card for Overseas Pakistani (NICOP) issued by NADRA
  • Pakistan Origin Card (POC) issued by NADRA
  • Passport, having valid visa on it or any other proof of legal stay along with passport (foreign national individuals only)
  • Minimum age to qualify is 55 years
  • In case of joint account, primary accountholder must satisfy the age criteria
  • Minimum deposit for opening of the Askari Waqaar – Savings account is Rs.1,000
  • Minimum deposit for opening an Askari Waqaar – Term Deposit account is Rs.25,000
  • Customer must be an account holder of AKBL for placement of funds in Askari Waqaar-Term Deposit