To provide self-employment opportunities to unemployed youth, the Government of Pakistan has launched the Prime Minister’s Successful Youth National Youth Development Program (Youth Employment Scheme) across the country. An account has been developed which will be used for loan disbursement and business transactions. This will ensure proper MIS and monitoring of the lending program. People who have been issued a Letter of Conviction (FOL) by BOP will be eligible to open this account.
Bank Of Punjab GID Business Current Account Benefits
1. BOP GID Business Current Account provides the facility of free SMS Alerts
2. BOP GID Business Current Account provides the facility of free Mobile Banking subscription
3. BOP GID Business Current Account provides the facility of free online banking
4. BOP GID Business Current Account provides the facility of no account maintaining charges.
5. All other services / product charges and current account charges will be applicable as per the existing charges schedule of the bank.
6. The applicant must bring a Facilitated Offer Letter (FOL) to the branch to open a BOP GID Business Current Account. Account will not be opened without FOL
7. In order to open an account through the CPU, the FOL number in the Flex Cube must be entered in the FOL field.
8. BOP GID Business Current Account can be opened in any BOP branch.
Bank Of Punjab GID Business 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 Bank Of Punjab GID Business Current Account
In order to apply for BOP GID Business 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