HBL offers a Daily Progressive Saving Account for businessmen and self-employed professionals. Savings accounts for businesses that offer productive profits.
HBL Daily Progressive Account Benefits
1. Open an account with just 0.5 million (PKR 500,000)
2. On closing balance the profit will be calculated on daily basis
3. Payout of profit on monthly basis
4. To avoid service charges, maintain at least of PKR 20,000 in your
5. Profit rates applicable on tier based
6. Transaction Charges: According to the current SoBC, a charge will be levied per debit transaction and if the daily minimum balance is not maintained, the daily balance will be recovered. This will be in addition to the normal charges (if any) applicable to the special service (i.e. banker’s check) but excluding debit transactions generated from the system.
HBL Daily Progressive Account Eligibility Criteria and Required Documents
- For Sole Proprietors:
a) The account holder must provide one valid copy of CNIC
b) The account holder must provide certificate of incorporations
- For Partnership Firms:
a) The account holder must provide one valid attested copy of certificate of registration
b) The account holder must provide the valid certified copy of partnership/partnership deed
c) The account holder must provide the valid letter of partnership
d) The account holder must provide the valid copy of NTN certificate
e) The account holder must provide the valid verified CNIC copies of partners
- For Companies:
a) The account holder must provide the valid certificate of incorporation
b) The account holder must provide the valid documents of memorandum of association
c) The account holder must provide the valid articles of association in statements
d) The account holder must provide the valid certified copy of Form 29
e) The account holder must provide the valid CNIC copies of signatories
f) The account holder must provide the valid copy of NTN certificate and SECP registration
HBL Daily Progressive Account Profit Rate 2021
· The profit rate of HBL Daily Progressive Account is 5.51%
· For example, if an individual deposits PKR. 100,000 in an account then it will be rewarded up to PKR. 5,510 after a month.
How to Apply for HBL Daily Progressive Account 2021
The interested applicants can visit the nearest HBL branch and fulfill the application form properly with required documents and submit it to the branch manager.
HBL Helpline Numbers 2021
For any kind information, please call us on the given telephone number:
General Helpline: 111-111-425
For any queries or suggestion, please email at:
Email: customer.complaints@hbl.com