Opening a bank account is not an easy task these days. Opening a bank account requires a long list of formalities. Bank of Punjab has introduced a simple account “BOP Asaan Savings Account”. This is a savings account for low risk / low income non-bank / low bank individuals who face difficulties in opening an account due to strict requirements / formalities. These sections of the society can be included but are not limited to self-employment, pensioners, students, farmers, women / housewives, young adult population, work force etc.
BOP ASAAN Saving Account Benefits
1. BOP ASAAN Saving Account provides the facility of minimum initial deposit in which an account can be opened with a minimum of Rs.100/- as initial amount.
2. BOP ASAAN Saving Account provides the facility of account can be opened as individual, joint or minor type.
3. BOP ASAAN Saving Account provides the facility of account can be opened with minimum formalities and on one pager account opening form.
4. BOP ASAAN Saving Account provides the facility of no minimum balance requirement, no account maintaining charges
5. BOP ASAAN Saving Account provides the facility of the account will preferably be Debit Card based. However; Cheque books may be issued as per choice of the customer.
6. BOP ASAAN Saving Account provides the facility of free online banking
7. BOP ASAAN Saving Account provides the facility of per Month Total Debit Limit and total Credit Balance limit is Rs.500, 000
8. The account can be converted to a normal savings account after the completion of the rest of the formalities if later, the account holder requires financial services for the above mentioned amount.
9. BOP ASAAN Saving Account provides the facility of free e-banking facility to view statement of account
10. BOP ASAAN Saving Account provides the facility of free of Cost Utility Bills Deposit Facility through BOP ATM Network, BOP Phone Banking and self-service IVR system is available.
BOP ASAAN Saving Account Eligibility and Required Documents
1. The account holder must be of Pakistani nationality.
2. The account holder must provide the valid copy of CNIC.
BOP ASAAN Saving Account Profit Rate 2021
· The profit rate of the BOP ASAAN 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 BOP ASAAN Saving Account
In order to apply for BOP ASAAN 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
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