Below are various current, savings and term deposit products offered by Askari Bank.
1. Current Deposit Account (CDA)
CDAs can be opened by individuals (either singly or jointly), proprietorship concerns, partnership firms, public and private limited companies (including guarantee limited & single member companies) government organizations, corporations, clubs, societies, associations, NGOs/NPOs/charitable organizations etc. It can be opened in Pak rupees as well as in foreign currencies.
Features (Pak rupee account) | Features (foreign currency account) |
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2. Basic Banking Account (BBA)
A BBA specifically caters to the banking needs of students, pensioners and salary account of individuals with low incomes. BBA can be opened in Pak rupees only
Eligibility |
A BBA can be opened by individuals belonging to the following categories:
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Features |
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1. Profit and Loss Sharing (PLS) Savings Account
PLS savings account is characterized by the fact that profit is payable on monthly average credit balance held in the account.
Eligibility |
PLS savings accounts can be opened by individuals (either singly or jointly), proprietorship concerns, partnership firms, public and private limited companies (including guarantee limited & single member companies) government organizations, corporations, clubs, societies, associations, NGOs/NPOs/charitable organizations etc. |
Features (Pak rupee account) | Features (foreign currency account) |
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2. Askari Special Deposit Account (ASDA)
ASDA is well suited to the requirements of customers who require undertaking frequent deposit and withdrawal transactions in their accounts.
Eligibility |
ASDA can be opened by individuals (either singly or jointly), proprietorship concerns, partnership firms, public and private limited companies (including guarantee limited & single member companies), government organizations, corporations, clubs, societies, associations, NGOs/NPOs/charitable organizations etc. |
Features |
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1. Term Deposit Receipt (TDR)
Askari Bank offers TDRs for the following tenors:
Eligibility |
Individuals (either singly or jointly), proprietorship concerns, partnership firms, public and private limited companies (including guarantee limited & single member companies) government organizations, corporations etc. |
Features |
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2. Short Notice Deposit Receipt (SNDR)
SNDR is used for placement of funds for a short period, ranging from 7 to 29 days.
Eligibility |
Individuals (either singly or jointly), proprietorship concerns, partnership firms, public and private limited companies (including guarantee limited and single member companies) government organizations, corporations etc. |
Features |
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For further details, please contact the nearest AKBL branch.