Askari Waqaar Account

Askari Waqaar Account has been developed for senior citizens, enabling them to carry out their banking transactions and also to avail investment opportunities.

  • High returns
  • Offered in Savings/Term Deposit categories
  • Profit paid on monthly basis
  • Free first debit card
  • Free first cheque book
Features Savings Term Deposit
Tenure 1 year
Minimum Age to qualify 55 years 55 years
Profit Calculation Monthly Average Balance
Profit Payment frequency Monthly Monthly
Debit Card & Cheque Book Free for the first time (subsequent annual and replacement charges will apply) Free for the first time – for linked account (subsequent annual and replacement charges will apply)
Currency PKR PKR

A photocopy of any one of the following valid identity documents:

  • National Identity Card (CNIC) issued by NADRA
  • National Identity Card for Overseas Pakistani (NICOP) issued by NADRA
  • Pakistan Origin Card (POC) issued by NADRA
  • Passport, having valid visa on it or any other proof of legal stay along with passport (foreign national individuals only)
  • Minimum age to qualify is 55 years
  • In case of joint account, primary accountholder must satisfy the age criteria
  • Minimum deposit for opening of the Askari Waqaar – Savings account is Rs.1,000
  • Minimum deposit for opening an Askari Waqaar – Term Deposit account is Rs.25,000
  • Customer must be an account holder of AKBL for placement of funds in Askari Waqaar-Term Deposit