The Basic Banking Account (BBA) is envisaged to provide basic banking services to customers across Pakistan without the need to maintain a minimum balance and can be opened at any UBL branch. These accounts are ideal for customers who require a small number of monthly transactions, especially students, housewives and retired employees.
UBL Basic Banking Account Benefits
1. UBL Basic Banking Account provides the facility of the minimum initial deposit at the time of account opening which is PKR. 1,000.
2. Basic Banking Account is a current account.
3. UBL Basic Banking Account provides the facility of the no minimum balance penalty.
4. UBL Basic Banking Account provides the facility of unlimited free ATM withdrawals from UBL’s own ATMs.
5. UBL Basic Banking Account provides the facility of free e-Statements.
6. UBL Basic Banking Account provides the facility of internet banking.
7. UBL Basic Banking Account provides the facility of no minimum balance penalty levied on the account.
UBL Basic Banking Account Eligibility and Required Documents
1. Sole proprietorships accounts can be opened.
2. Self-employed individuals’ accounts can be opened.
3. Small and Medium Enterprises accounts can be opened.
4. Salaried/Retired Individuals/Pensioners accounts can be opened.
5. Housewives accounts can be opened.
6. The account holder must be of Pakistani nationality.
7. In case of non-Pakistani residence the account holder must provide the valid copy of passport.
8. The age limit of the account holder must be in the range of 18 years and above.
9. The account holder must provide a valid copy of the Computerized National Identity Card (CNIC).
10. The account holder must provide the recent passport size photographs.
11. The partnership account holder must provide the partnership deed with attested.
12. The account holder must provide the documentation proof of residence either electricity bill, water bill, tenancy agreement addressed in their name.
13. The account holder must provide documentation proof of income resources.
How to Apply for UBL Basic Banking Account
In order to apply for an UBL Basic Banking Account, the interested customers should visit the nearest UBL branch and fulfill the application form along with the required documents and submit it with the branch manager.
United Bank Limited Helpline Numbers
Telephone Number: 111-825-888
Email: customer.services@ubl.com.pk
Website: https://www.ubldirect.com
