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 Current Account”. This is a current 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.
Bank Of Punjab ASAAN Current Account Benefits
1. BOP ASAAN Current Account provides the facility of minimum balance for opening an account in which account can be opened with minimum of Rs.100
2. BOP ASAAN Current Account provides the facility of joint or minor type accounts in which accounts can be opened as individual, joint or minor type.
3. BOP ASAAN Current Account provides the facility of minimum formalities in which an account can be opened with minimum formalities and on one pager account opening form.
4. BOP ASAAN Current Account provides the facility of no minimum balance requirement, no account maintaining charges.
5. BOP ASAAN Current 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 Current Account provides the facility of free 1st 25 leaf Cheque book
7. BOP ASAAN Current Account provides the facility of free online banking
8. BOP ASAAN Current Account provides the facility of SMS Alerts service is available at subsidized charges of PKR 40 per month
9. BOP ASAAN Current Account provides the facility of per Month Total Debit Limit and total Credit Balance limit is Rs.500, 000
10. The account can be converted into a normal current account after completion of the rest of the formalities if later, the account holder requires the above mentioned amount of financial services.
11. BOP ASAAN Current Account provides the facility of free e-banking facility to view statement of account
12. BOP ASAAN Current 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.
BOP ASAAN Current Account Eligibility and Required Documents
- The account holder must be of Pakistani nationality.
- The age limit of the account holder must be in the range of 18 years and above.
- The account holder must provide the valid copy of CNIC.
- In case of non-Pakistani residence the account holder must provide the valid copy of Passport.
- The account holder must provide the recent size photographs.
- The account holder must provide the documentation proof of residence either electricity bill, water bill, tenancy agreement addressed in their name.
- The account holder must provide documentation proof of income resources.
How to Apply for BOP ASAAN Current Account
In order to apply for BOP ASAAN Current 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