Bank Al Habib Senior Citizen Saving Account offers special benefits to people 60 years and older. For joint accounts, at least one account holder must be 60 years of age or older.
Bank Al Habib Senior Citizen Saving Account Benefits
1. Bank Al Habib Senior Citizen Saving Account provides the facility of no minimum or maximum balance requirement
2. Bank Al Habib Senior Citizen Saving Account provides the facility up to 90% financing available on deposits.
3. Bank Al Habib Senior Citizen Saving Account provides the facility of Free Online Banking
4. Bank Al Habib Senior Citizen Saving Account provides the facility of Profit calculated on monthly average balance
5. Bank Al Habib Senior Citizen Saving Account provides the facility of Free Bankers Cheque
6. Bank Al Habib Senior Citizen Saving Account provides the facility of Profit payout on monthly basis
7. Bank Al Habib Senior Citizen Saving Account provides the facility of No restrictions on withdrawals
8. Bank Al Habib Senior Citizen Saving Account provides the facility of Attractive rate of profit
9. Bank Al Habib Senior Citizen Saving Account provides the facility of free e-statements
10. Bank Al Habib Senior Citizen Saving Account provides the facility of PayPak Debit Card
11. Bank Al Habib Senior Citizen Saving Account provides the facility of SMS alert facility

Bank Al Habib Senior Citizen Saving Account Eligibility and Required Documents
1. Requirement for Resident Account
a) For Individual accounts:
I. The account holder must provide the original CNIC along with a verified copy
II. The account holder must provide the valid documents of Job Card / Job Letter and Salary Slip for Salaried individual
III. The account holder must provide the valid documents of any other proof of income
IV. The account holder must provide the valid documents of child Registration Certificate/B-Form/Student ID card (For Minor)
b) For Sole Proprietor accounts:
I. The account holder must provide the valid documents of original CNIC along with verified copy
II. The account holder must provide the valid documents of proprietary rubber stamp
III. The account holder must provide the valid documents of Copy of NTN (attested by Notary Public)
IV. The account holder must provide the valid documents of Certificate or proof of membership of trade bodies etc., (wherever applicable)
V. The account holder must provide the valid documents of Request for Opening of Account on letterhead
c) For Partnership Accounts:
I. The account holder must provide the valid documents of CNIC copy of all partners (verified)
II. The account holder must provide the valid documents of Partnership Rubber Stamp
III. The account holder must provide the valid documents of Request for Opening of Account on letterhead
IV. The account holder must provide the valid documents of Partnership Letter on Letterhead (Signed by all partners)
V. The account holder must provide the valid documents of Partnership Deed (verified)
VI. The account holder must provide the valid documents of attested copy of Registration Certificate issued by Registrar of Firms in case of registered firm. In case the partnership is unregistered, this fact shall be clearly mentioned on the Account Opening Form.
VII. The account holder must provide the valid documents of Copy of NTN (verified)
d) For Companies Account:
I. The account holder must provide the valid documents of Certificate of Incorporation (attested by company secretary).
II. The account holder must provide the valid documents of the Resolution of the Board of Directors.
III. The account holder must provide the valid documents of Complete Memorandum and Articles of Association (attested by SECP & 1st and last page to be attested by company secretary).
IV. The account holder must provide the valid documents of Form-29 (attested by company secretary and SECP)
V. The account holder must provide the valid documents of the List of Directors (attested by the company secretary).
VI. The account holder must provide the valid documents of Copy of CNIC’S of all Directors (attested by company secretary).
VII. The account holder must provide the valid documents of NTN Certificate (attested).
VIII. The account holder must provide the valid documents of Form-A & CNIC copies of shareholders holding more than 10 % shares.
IX. The account holder must provide the valid documents of CRS form for tax residency self-certification
X. The account holder must provide valid all documents that must be attested by the company secretary / Director / CEO.
2. Requirement for Non-Resident Account
a) For salaried individual:
I. The account holder must provide the valid documents of Job Card / Job Letter or Salary Slip or Source of income required.
II. The account holder must provide the valid photocopy of the CNIC/SNIC/POC/ARC.
Bank Al Habib Senior Citizen Saving Account Profit Rate
· The profit rate of the Al Habib Senior Citizen Saving Account is 5.75%.
· For example, if an individual deposits PKR. 100,000 in an account then it will be rewarded PKR. 5,750 after a month.
How to Apply for Al Habib Senior Citizen Saving Account
In order to apply online, the interested candidate should click on the given link:
Bank Al Habib Contact Information
Telephone No: (021) 111-014-014
Email: info@bankalhabib.com
