Savings

This account is introduced for common people/individuals especially for unbanked/under banked segment of population in compliance to SBP’s National Financial Inclusion Strategy (NFIS).

  • Primarily a card based account, ATM/Debit Card
  • Cheque book also available
  • Simple Documentation. Account will be opened on the basis of valid identity document only

 

Product Highlights

Account TypePak Rupee PLS Saving Account
EligibilityFor Individuals only
One CNIC holder can open only one Asaan account (single or joint)
Transaction Limit/TurnoverTotal Debit per Month:Rs.500,000/-
Maximum Credit Balance Limit:Rs.500,000/-
Initial DepositRs.100/-
Minimum Balance RequirementNill
Other Facilities
  • Cheques Clearing
  • Issuance of Payment Order/Demand Draft
  • Issuance of Call Deposit
  • Online Cash/Cheque withdrawals, deposits & fund transfers
Profit RateClick Here for Profit Rates
Profit CalculationProfit will be calculated on monthly minimum balance
Profit paymentSemi-annually

Micro Saving Account

 

  • This Savings Account has been designed to address the needs of the small farmers who are the members of Community Organizations and want to maintain an individual account instead of Tanzeem Bachat Account.
  • This account offers a reasonable profit rate and encourages compulsory saving.
  • This account is primarily focused towards customers who need to transact more frequently, such as Farmers, Urban Low-Middle Income persons, Rural Salaried and Self Employed people, and Small Business Entities etc.

Product Features

Account TypeProfit Bearing Saving Account
EligibilityMembers of all eligible CO’s of NRSP MFBL
Account Opening RequirementRs. 50/-
Minimum Balance RequirementAs per lien marked on the loan amount
Profit Payout IntervalHalf Yearly
RatesClick Here for Profit Rates
  • Asan Bachat Savings Account is designed for the poor & middle income segments in both rural and Urban Low-Middle Income areas.
  • This account has no restriction of maintaining minimum balance.
  • It offers higher returns for higher levels of savings, as well as easy & flexible access to funds.
  • It provides a low entry point, thus the flexibility to save as and when savings occur.

Product Highlights

Account TypeProfit Bearing checking Account
EligibilityAll Pakistani Nationals with Valid CNIC. Positive KYC/AML checks
Account Opening RequirementRs. 50/-
MMinimum Balance RequirementNil
Profit CalculationProfit will be calculated on daily balance basis
Profit PaymentProfit will be paid on calendar half year
Profit RatesClick Here for Profit Rates
  • A specially designed joint saving account operated by the President and Manager of the Community Organization under resolution by two- third majority of the members, & duly approved by the authorized personnel.
  • This is to encourage the compulsory savings of community in relation to the loan borrowed from the Bank.
  • This product supports the objective of the Bank: to help the poor community under the community participatory methodology.
  •  Profit is calculated on minimum monthly balance basis.

Product Features

Account TypeProfit Bearing Joint Saving Account
Minimum Requirement for COAll eligible CO’s of NRSP
Minimum Balance RequirementNil
Profit Payout IntervalHalf Yearly
RatesClick Here for Profit Rates
  • This savings account has been designed to address the needs of the low class segments.
  • It is easy to open with minimum of Rs.50 and offers a reasonable profit rate.
  • It provides ultimate transactional convenience (mostly free of cost), including a free On-line Facility (for those who use online banking)

Product Highlights

Account TypeProfit Bearing Saving Account
EligibilityAll Pakistani Nationals with Valid CNIC. Positive KYC/AML checks
Account Opening RequirementRs. 50/-
Minimum BalanceNil
Cheque BookYes
Cash Deposit and WithdrawalUnlimited and at no cost to customer
Online facilityDeposit, withdrawals, transfers to Own & 3rd Party Accounts within NRSP Branch Network free of charge
Profit RatesClick Here for Profit Rates
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