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Key Fact Statement for Deposit
Allied Bank Limited, Date (Period July-Dec 2024)
--------Branch, IMPORTANT: Read this document carefully if you are considering opening a n City. You may also use this document to compare different accounts offered by othe comparison. Account Types & Salient Features : This information is accurate as of the date above. Services, fees and mark up rates may change on month branches.
Particulars Currency Minimum Balance To open for Account (if any, provide the amount) To keep Account Maintenance Fee (if any, provide the amount) Is Profit Paid on account Indicative Profit Rate. (%) Profit Payment Frequency (Daily, Monthly, Quarterly, Provide Half yearly example: and yearly) (On each Rs.1000, you can earn Rs.------ on given periodicity) Premature/ Early Encashment/Withdrawal Fee (If any, provide amount/rate)
Service Charges IMPORTANT: This is a list of the main service charges for this account. It does not include all char on our website at "https://www.abl.com/”]. Please note that all bank ch
Modes Services
Inter City
Cash Transactions Cash Transactions
Intra -City
Own ATM withdrawal
Other Bank ATM ADC/Digital Clearing SMS Alerts For other transactions
VISA Classic
Platinum & VISA Sapphire 200
Debit Cards
Premium
UPI & Paypak Classic
UPI & Paypak Gold
Basic Debit Card
Issuance Cheque Book Stop Payment Loose Cheque
Services Modes Services Modes
Remittance Banker Cheque / Pay
(Local) Order
Foreign Demand Draft
Remittance Foreign
Wire Transfer Statement of Annual Account Half Yearly Duplicate
ADC/Digital Channels
Fund Transfer
Branch Counter (IBFT)
Branch Counter Digital Banking Internet Banking subscription (onetime & annual)
Mobile Banking subscription
(one- time & annual Clearing Normal Intercity
Same Day Closure of Account Customer request You Must Know
Requirements to open an account: To open the account
you will need to satisfy some identification requirements as per regulatory instructions and banks' internal policies. These may include providing documents and information to verify your identity. Such information may be required on a periodic basis. Please ask us for more details.
Cheque Bounce: Dishonoring of cheques is subject to a
criminal trial in Pakistan. Accordingly, you should be writing cheques with utmost prudence.
Safe Custody: Safe custody of access tools to your account
like ATM cards, PINs, Cheques, e-banking usernames, passwords; other personal information, etc. is your responsibility. Bank cannot be held responsible in case of a security lapse at the customer’s end. ABL do not initiate calls to acquire any information.
Record updation: Always keep profiles/records updated with
the bank to avoid missing any significant communication.You can contact to our nearest branch and ABL helpline 111- 225-225 to update your information.
What happens if you do not use this account for a long
period? If your account remains inoperative for 12 months, it will be treated as dormant. If your account becomes dormant, certain transactions such as debit transactions and withdrawals shall not be allowed until the account is activated on customer's request. All those accounts will be closed which are dormant since one year with zero balance. To activate your account you must request your parent branch. Overseas customers may also send their request using Banks procedure for dormancy activation. certain transactions such as debit transactions and withdrawals shall not be allowed until the account is activated on customer's request. All those accounts will be closed which are dormant since one year with zero balance. To activate your account you must request your parent branch. Overseas customers may also send their request using Banks procedure for dormancy activation.
(Portion to be used for the post-shoppin
I ACKNOWLEDGE RECEIVING AND UNDERSTAND THIS
Customer Name: Product Chosen: Mandate of account: Single/Joint/Either or Survivor
Address :
Contact No.:
Customer Signature: Key Fact Statement for Deposit Accounts
document carefully if you are considering opening a new account. It is available in English and Urdu. ocument to compare different accounts offered by other banks. You have the right to receive KFS from other banks fo
ervices, fees and mark up rates may change on monthly basis.For updated fees/charges, you may visit our website o
Conventional Allied PLS Saving Account PKR Rs. 100/- No Avg. Balance requirement 0
Yes 19.00% Half Yearly
95.00
0.00%
Service Charges harges for this account. It does not include all charges. You can find a full list at [specify channels – e.g. “ou ttps://www.abl.com/”]. Please note that all bank charges are exclusive of applicable taxes.
Supplementary Annual Fees Rs. 9,000/- Card Replacement Fees Rs. 2500/- Annual Fees Rs. 2200/- card replacement fees Rs. 1,300/- Annual Fees Rs.2,500/- card replacement fees Rs. 1,550/- Annual Fees Rs. 1750/- card replacement fees Rs.1200/- Rs. 25/- per leaf will be charged. Rs. 750/- per instruction for Rupee Account Not Available
Conventional Conventional Allied PLS Saving Account Issued by Debit to Account: Rs. 400 Flat Issued Against Cash 0.20%, Minimum Rs.1,250/- (Account Holders & walk-in-customer)
To Universities/Educational Institutions on behalf of
students (for education purpose) Rs. 400/- Flat) if charges code is "OUR" for any foreign currency, US$40/- (flat) Eqv. in any currency to be recovered from the applicant and amount should be parked in respective Nostro account.
Correspondent charges to be recovered by the
correspondent while paying to beneficiary) Plus applicable Dispatch / Communication Charges as per tariff in Section I.
Not Available 0 0 STATEMENT CHARGES
Rs. 35/( including FED)
(For the period of 6 Months)
MyABL: ABL to ABL: Free IBFT: 0.1% or Rs. 200 per transaction whichever is lower including FED(Free Upto Rs. 25,000 Per Month Per Account) Raast Transactions are Free of Cost
ATM: ABL to ABL: Free IBFT: 0.1% or Rs. 200 per transaction whichever is lower including FED(Free Upto Rs. 25,000 Per Month Per Account)
Maximum Single Transfer of Rs. 500,000/-
Rs 500 /- Charges Within City - Free Inter City 0.1 %, Minimum Rs.435/- Maximum Rs.2,000/- One Time
One Time
0 Rs.450/- (including NIFT Charges) (Rawalpindi-Islamabad are considered as one city) Rs.550/- (including NIFT Charges) 0 You Must Know
Unclaimed Deposits: In terms of Section 31 of Banking Companies Ordinance, 1962 all deposits which h been operated during the period of last ten years, except deposits in the name of a minor or a Governmen of law, are surrendered to State Bank of Pakistan (SBP) by the relevant banks, after meeting the condition provisions of law. The surrendered deposits can be claimed through the respective banks. For further infor please contact ypur nearest branch or ABL helpline/ call center at 111-225-225.
Closing this account: In order to close your account please render your request to account maintaining branch/parent branch along with debit card and unutilized cheques and cancel standing instructions, if any
How can you get assistance or make a complaint?
Contact Information Allied Bank Limited Complaint Management Division Allied Bank, Head Office, 2nd Floor, 3-4 Tipu Block, New Garden Town, Lahore Tel : 042-35880043 Helpline:111-225-225 Email: complaint.management@abl.com Website:www.abl.com
If you are not satisfied with our response, you may contact : Banking Mohtasib Pakistan 5th floor, Shaheen Complex, M. R. Kiyani Road, Karachi. (+92 21) 99217334-38 (5 lines) Fax (+92 21) 99217375 Email: info@bankingmohtasib.gov.pk If you are not satisfied with our response, you may contact : Banking Mohtasib Pakistan 5th floor, Shaheen Complex, M. R. Kiyani Road, Karachi. (+92 21) 99217334-38 (5 lines) Fax (+92 21) 99217375 Email: info@bankingmohtasib.gov.pk
(Portion to be used for the post-shopping stage)
KNOWLEDGE RECEIVING AND UNDERSTAND THIS KEY FACT STATEMENT
vivor counts
account. It is available in English and Urdu.
nks. You have the right to receive KFS from other banks for
sis.For updated fees/charges, you may visit our website or visit our
Conventional Allied Asaan Saving AC PKR Rs. 100/- No Avg. Balance requirement 0
Yes 19.00% Half Yearly
95.00
0.00%
. You can find a full list at [specify channels – e.g. “our branches, es are exclusive of applicable taxes.
card replacement fees Rs. 1,300/- Not Available Annual Fees Rs. 1750/- card replacement fees Rs.1200/- Rs. 25/- per leaf will be charged. Rs. 750/- per instruction for Rupee Account Not Available
Conventional Conventional Allied Asaan Saving Account Issued by Debit to Account: Rs. 400 Flat Issued Against Cash 0.20%, Minimum Rs.1,250/- (Account Holders & walk-in-customer)
Not Available
Not Available 0 0 STATEMENT CHARGES
Rs. 35/( including FED)
(For the period of 6 Months)
MyABL: ABL to ABL: Free IBFT: 0.1% or Rs. 200 per transaction whichever is lower including FED(Free Upto Rs. 25,000 Per Month Per Account) Raast Transactions are Free of Cost
ATM: ABL to ABL: Free IBFT: 0.1% or Rs. 200 per transaction whichever is lower including FED(Free Upto Rs. 25,000 Per Month Per Account)
Maximum Single Transfer of Rs. 500,000/-
Rs 500 /- Charges Within City - Free Inter City 0.1 %, Minimum Rs.435/- Maximum Rs.2,000/- One Time
One Time
0 Rs.450/- (including NIFT Charges) (Rawalpindi-Islamabad are considered as one city) Rs.550/- (including NIFT Charges) 0
Banking Companies Ordinance, 1962 all deposits which have not
, except deposits in the name of a minor or a Government or a court n (SBP) by the relevant banks, after meeting the conditions as per be claimed through the respective banks. For further information, ne/ call center at 111-225-225.
count please render your request to account maintaining
unutilized cheques and cancel standing instructions, if any.
