Askari Bachat Account

Askari Bachat Account is a Term Deposit designed for individual customer with investment appetite. It offers customers the option of investing for 1 Year and has been designed keeping in view the savings needs of customers who want profit on a monthly basis. The salient features of the account are mentioned below:

Features Individuals
Eligibility: Pakistani Resident (individual only)
Balance Requirement: Minimum balance of Rs. 50,000/- with no upper limit
Tenure: 1 year 2 years
Profit Payment: Monthly 1st of every month
Expected Rate of Return: 4.75% per annum 5.35% per annum
Financing Limits: Upto 90% of the principal amount
Servicing: Available at all Askari Bank branches
Free Facilities: – Visa Debit Card (For CASA account)

  • No issuance fee
  • SMS alerts on ATM cash withdrawal and Internet Banking transaction

– Insurance Coverage

  • ATM cash withdrawal insurance coverage upto daily cash withdrawal limit of the debit card from Askari Bank ATMs
  • 24 hours world-wide Accidental Death & Permanent Disability insurance coverage to Debit Card / Visa Debit Card holders.
    Rs. 500,000/- and Rs. 700,000/- for Classic and Gold Visa Debit Cards respectively

– Online fund transfer facility
– Internet Banking facility
– Issuance of cheque books
– Duplicate account statements
– Pay orders / Demand draft

(Withholding tax and other government charges will be applicable as per the law)

Features Corporate
Eligibility: Pakistani resident
Balance Requirement: Minimum balance of Rs. 2,000,000/- with no upper limit
Tenure: 2 years
Profit Payment: 1st of following month, quarter, half year & year
Expected Rate of Return: 5.35% per annum
Financing Limits: Upto 90% of the principal amount
Servicing: Available at all Askari Bank branches
 Free Facilities: – Visa Debit Card (For CASA account)

  • No issuance fee
  • SMS alerts on ATM cash withdrawal and Internet Banking transaction

– Insurance Coverage

  • ATM cash withdrawal insurance coverage upto daily cash withdrawal limit of the debit card from Askari Bank ATMs
  • 24 hours world-wide Accidental Death & Permanent Disability insurance coverage to Debit Card / Visa Debit Card Holders. Rs. 500,000/- and Rs. 700,000/- for Classic and Gold Visa Debit Cards respectively

– Online fund transfer facility
– Internet Banking facility
– Issuance of cheque books
– Duplicate account statements
– Pay orders/ Demand draft

(Withholding tax and other government charges will be applicable as per law)