How To Open Online Bank Account In Pakistan | MainShout

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In this article, we will look at the total number of banks in Pakistan. How to open an online account in any bank of Pakistan. How many types of accounts do the banks of Pakistan provide you? Going forward, there are a total of 34 banks operating in Pakistan, combining public and private sectors. The State Bank of Pakistan is leading them all. It is headquartered in Karachi, Pakistan.

All online banks operating in Pakistan make it easy for all types of customers to manage their financial support wherever they want. This process has given a new impetus to the banking sector. Due to online account opening, business in Pakistan has become more secure than before.

Here are some of the online facilities that banks in Pakistan are offering to their customers.

Open Online Bank Account & Get Some Great internet banking facilities in Pakistan

What types of a bank account in Pakistan, do these thirty-four financial institutions (banks) offer you, and what are the merits of these accounts? Let’s see

bank account types in Pakistan

  1. Current account
  2. Savings account
  3. Asaan/Easy account

Open Online Current Bank Account in Pakistan

There are 2 types of people who can apply for a current account in any bank.

  • Salary Person (Age Range: 18 to 70 years)
  • A business owner (age range: 18 to 70 years)

If you have employed anywhere, ie salary person, however, in order for you to apply for a current account, you need to submit the following documents.

  • Service certificate or Proof of employment (via employment confirmation letter)
  • A copy of your utility bills

You are running your own business and want to open an online bank account in Pakistan for transactions. So you have to go to the bank with the following documents.

When you submit your documents, you have to deposit at least one thousand account fees in the bank. In addition, you must maintain a balance of at least 1000 PKR to maintain the account.

Open Saving Bank Account in Pakistan

There are also 2 types of people in this bank account category who can apply for an online savings account.

  • Salary Person (Age Range: 18 to 70 years)
  • A business owner (age range: 18 to 70 years)

A person employed in any office, public or private, can apply for a savings account. However, you need to submit the following documents.

  • Employment Proof of employment (via employment confirmation letter)
  • A copy of your utility bills

If you are a business person and want to open a savings account to save for the future, submit the following documents to the bank.

After submitting these documents, you will also need to pay a minimum PKR100 fee to open an account, while no minimum balance will be required to maintain the account.
The expected rate of return for the savings account varies according to the policy specified by the SBP.

Profit is calculated on a monthly average balance.

Open Easy or Asaan Online Bank Account

If you are not a person who likes to deal with the complexities of account opening documents, you can also open an easy account.
You can open a simple account with 100 PKR and all you need is your CNIC documents.

  • Checking Flexibility in checking or opening a savings account
  • Minimum balance is not required
  • Free debit card issue.
  • Zero service charges for opening or closing an account
  • Debit up to 500,000 PKR per month.
  • credit The total credit balance is up to 500,000 PKR.

They all have 3 accounts from which you can apply to any bank in Pakistan. If you are interested, go to your nearest bank branch in your city where you live to apply for an online bank account.

Originally published at https://mainshout.com on January 19, 2021.

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