Bank of Punjab offers BOP Young Lions Saving Account. This is a savings account that provides a way to manage savings for children. Account will be opened with the parent / guardian. Bank of Punjab offers BOP Young Lions Saving Account offers a large number of free banking services while maintaining a minimum monthly average balance.
Bank of Punjab Young Lions Saving Account Benefits
1. Bank of Punjab Young Lions Saving Account provides the facility of the minimum age limit in which account is available for children under 18 years of age.
2. Bank of Punjab Young Lions Saving Account provides the facility of an account to be opened as a Minor account with Child (M)/Parent or Guardian (G).
3. Bank of Punjab Young Lions Saving Account provides the facility of calculation of profit on monthly average balance basis.
4. Bank of Punjab Young Lions Saving Account provides the facility of payment of profit on monthly basis.
5. Bank of Punjab Young Lions Saving Account provides the facility of free issuance of the first Cheque Book of 25 leaves.
6. Bank of Punjab Young Lions Saving Account provides the facility of free issuance of PayPak Debit cards.
7. Bank of Punjab Young Lions Saving Account provides the facility of free online banking
8. Bank of Punjab Young Lions Saving Account provides the facility of free e-banking facility to view statement of account
9. Bank of Punjab Young Lions Saving Account provides the facility of SMS Alert service is available subject to payment of annual charges as per bank’s schedule of charges.
10. Bank of Punjab Young Lions Saving Account provides the facility of free of Cost Utility Bills Deposit service through BOP ATM Network, BOP Phone Banking and self-service IVR system is available.
Bank of Punjab Young Lions Saving Account Eligibility and Required Documents
1. The account holder must be of Pakistani nationality.
2. The age limit of the account holder must be in the range of 18 years and below.
3. The account holder must provide the valid copy of CNIC of parent/guardian.
4. In case of non-Pakistani residence the account holder must provide the valid copy of Passport.
5. The account holder must provide the recent size photographs.
6. The account holder must provide the documentation proof of residence either electricity bill, water bill, tenancy agreement addressed in their name.
7. The account holder must provide documentation proof of income resources.
Bank of Punjab Young Lions Saving Account Profit Rate
· The profit rate of the Bank of Punjab Young Lions Saving Account is 5.50%.
· For example, if an individual deposits PKR. 100,000 in an account then it will be rewarded PKR. 5,500 after a month.
How to Apply for Bank of Punjab Young Lions Saving Account
In order to apply for BOP Young Lions Saving Account, the interested customers should visit the nearest BOP branch and fulfill the application form along with the required documents and submit it with the branch manager.
Bank of Punjab Helpline Numbers
UAN: 111-200-100
Tel: (042) 35783700-10
Fax: (042) 35783713-35783975
Urdu
Arabic
Chinese (Simplified)
English
Hindi
Russian