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Bawaqar Bachat Account

A current account with no minimum balance requirement operating under the Qarz –e– Hasna basis

Underlying Islamic mode PLS Deposit on Mudarabah basis
Acceptable currency PKR
Type of product (Saving/Current/ Term/ Others) Saving
Minimum balance requirement, if any No minimum balance
Target Customers PLS Account holders
Service charges leviable if any As per Schedule of Service Charges
Other salient features/services Free internet/Mobile Banking Services SMS Facility Free CDR Facility RTGS Facility
Launch date of the product With the approval of SBP