Money, Finance and Banking Blog in Pakistan
Posts tagged Current Account
NTN Condition to Open Bank Account Impracticable
Jun 18th
The federal government’s decision of linking the opening of a new bank account with the provision of National Tax Number (NTN) has been termed as infeasible and impracticable by the banking and private sector experts.
In the new budget for 2009-10, the federal government has made mandatory the provision of NTN for opening a new bank account. Sources said that how the students, house-wives, labourers, farmers and other common people, who want to open new bank accounts, would be able to provide National Tax Number to the banks.
Hundreds of thousands of small farmers, students, labourers, retailers and house-wives, etc., neither pay More >
Quick Look on Alfalah Kamyab Karobar Account
Jun 13th
Bank Alfalah Limited’s Kamyab Karobar Account is a current deposit account with online transaction capabilities. Here online transaction means transaction through branch network of Bank Alfalah, and not through internet banking. Bank Alfalah is yet to come up with its internet banking for customers.
The account can be opened with a minimum amount of Rs25,000. Which entitles customer to get a cheque book of 25 leaflets, accidental insurance, make one online transaction per day and get two pay orders for free. A Silver ATM / Debit card is offered with this account.
If a customer makes a deposit of Rs100,000 to 500,000, More >
