CIBG Deposit Product - Key Fact Sheet
IMPORTANT: Read this document carefully if you are considering opening a new account. You may also use this document to
Select Product Here: Islamic Payroll Current Account (475) compare different accounts offered by other banks. You have the right to receive KFS from other banks for comparison.
Product Type Islamic Current Account
This information is accurate as of the date below. Products/Services and/or its fees may change from time to time after notice by the Bank.
Islamic Mode Qard
Currency Type Local Currency You Must Know
Currency PKR Requirements to open an account: To open the account you will need to satisfy some identification requirements as per
Minimum Balance for To open 0 regulatory instructions and Bank's internal policies. These may include providing documents and information to verify your
Account To keep 0 identity. Such information may be required on a periodic basis. For more details please consult our branch representative or call us
Account Maintenance Fee 0 at our 24/7 help center +92 21 111 06 06 06.
Cheque Bounce: Dishonoring of cheques is subject to a criminal trial in Pakistan. Accordingly, you should be writing cheques with
Is Profit Paid on account. Subject to the applicable tax rate No
utmost prudence. In this regard Section 489-F of Pakistan Penal Code (PPC) applies, "Dishonestly issuing a cheque": Whoever
Last month's declared Profit Rate. (%) per year. (As of August 2023 dishonestly issues a cheque towards repayment of financing or fulfilment of an obligation which is dishonored on presentation,
declared rates. For updated rates please contact your branch or visit FBL 0.00% shall be punished with imprisonment which may extend to three years or with fine, or both.
website).
Safe Custody: Safe custody of access tools to your account like ATM cards, PINs, T-Pins, Cheques, e-banking usernames,
Profit Payment Frequency - passwords; other personal information, etc. is your responsibility. Bank cannot be held responsible in case of a security lapse at the
Provide example (Profit is calculated on PKR 1,000) Per Month - customer’s end. The State Bank of Pakistan or Faysal Bank will never Call/ SMS/ Mail/ Email to ask for customer’s confidential
Premature/ Early Encashment/Withdrawal Fee N/A details and other sensitive information related to bank accounts. Customers must be aware of this fact that sharing such
Intra-city 200 information with anyone might cause financial fraud. Similarly, customers must be cautious of phishing emails asking the customer
Cash Transaction Own ATM withdrawal 0 to click on link and for instance, change the password of his/ her bank account.
Other Bank ATM 23.44 Record updation: Always keep profiles/records updated with the Bank to avoid missing any significant communication. You can
ADC/Digital 0 contact/ visit your parent branch for record updation or you may call at our 24/7 help center by dialing +92 21 111 06 06 06 from
the number registered with your account.
SMS Alerts Complete Subscription Charges 0
What happens if you do not use this account for a long period? If your account remains inoperative for 12 months, it will be
(Membership Fee) Annual option 1,475 + FED
marked as dormant. If your account becomes dormant, you will not be able to perform any debit/withdrawal transaction. To
Monthly option 145 + FED reactivate your account, you must visit your parent branch with an original valid identity document. Non-Resident Pakistani
UnionPay Classic 1350 customers may request their respective parent branches from their registered email address. Account will be reactivated subject
UnionPay Gold 1900 to the fulfilment of all regulatory requirements.
PayPak-UPI Golootlo 1800 Unclaimed Deposits: In terms of Section 31 of Banking Companies Ordinance, 1962 all deposits which have not been operated
Debit Cards (Per
Mastercard Classic 1900 during the period of last ten years, except deposits in the name of a minor or a Government or a court of law, are surrendered to
annum)
Mastercard Gold 2500 State Bank of Pakistan (SBP) by the relevant banks, after meeting the conditions as per provisions of law. The surrendered deposits
can be claimed through the respective banks. For further information, please contact your parent branch. You will have to fulfil all
Mastercard Platinum 6000
required regulatory requirements that the Bank might require to proceed further.
Mastercard World 12000
Closing this account: In order to close your account, please visit your branch along with your original valid identity document for
Issuance 19/- per leaf
account closure. The Bank shall perform mandatory requirements for account closure. Any products, services or facilities linked
Stop payment
with your account shall automatically be cancelled/ deactivated subsequent to the account closure.
Cheque Book For one cheque 600/- per instruction plus postage /SWIFT charges Expired Identity Document: Once your submitted ID document has reached its expiry, you shall be requested to submit a new
More than one cheque 600/- per instruction plus postage /SWIFT charges valid ID document. In case a new valid ID is not submitted by the customer, the account shall be blocked by the Bank subsequent
Loose cheque N/A to serving one-month prior notice.
Banker's Cheque/ Pay Order 350
Remittance Local 0.12% of transaction amt Or Rs. 200/- (min - max up to Rs. How can you get assistance or make a complaint?
Demand Draft
2,000/-) Contact Information:
Foreign Demand Draft 1850 Faysal Bank Limited Complaint Management Unit: 6th Floor,(East Wing) Faysal House, ST- 02, Shahrah-e-Faisal, Karachi. Pakistan.
Remittance Foreign Nil if proceeds are credited to an FBL account, else 1850 plus
Wire Transfer Helpline: +92 21 111 06 06 06
postal and/or SWIFT charges
Email: customercomplaint@faysalbank.com
Annual -
Website: www.faysalbank.com
Statement of Account Half Yearly -
If you are not satisfied with our response, you may contact:
Duplicate 35
Banking Mohtasib Pakistan, 5thfloor, Shaheen Complex, M.R. Kiyani Road, Karachi
ADC/Digital Channels 0.1% of transaction amount or Rs. 200 whichever is lower Email: info@bankingmohtasib.gov.pk Website: www.bankingmohtasib.gov.pk
Fund Transfer
Others N/A
Internet Banking subscription 0
Digital Banking
Mobile Banking subscription 0
Normal Nil
Clearing - Outward Intercity 240 per instrument
Same Day 500 per instrument
Closure of Account Customer request 0
*Above charges are in PKR (PKR equivalent to be charged in case of FCY accounts)
I ACKNOWLEDGE RECEIVING AND UNDERSTAND THIS KEY FACT STATEMENT
Customer Name
Customer Signature
Account Number Friday, 15 September 2023
Mobile Number
Email Address
Signature Verified
Account Mode of (Single/Joint/Either or Survivor)
Operation
