Retail Deposit Product - Key Fact Sheet
Select Product Here: Faysal Islamic Muntazim Plus Saving - Monthly IMPORTANT: Read this document carefully if you are considering opening a new account. You may also use this document to
compare different accounts offered by other banks. You have the right to receive KFS from other banks for comparison.
PKR (436)
Product Type Islamic Saving 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 Mudaraba
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 1000 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
Account Maintenance Fee 0 call us at our 24/7 help center +92 21 111 06 06 06.
Is Profit Paid on account. Subject to the applicable tax rate
Cheque Bounce: Dishonoring of cheques is subject to a criminal trial in Pakistan. Accordingly, you should be writing cheques
Yes
with utmost prudence. In this regard Section 489-F of Pakistan Penal Code (PPC) applies, "Dishonestly issuing a cheque":
Last month's declared Profit Rate. (%) per year. (As of Mar 2024 Whoever dishonestly issues a cheque towards repayment of financing or fulfilment of an obligation which is dishonored on
Tier 1 (1- 9,999,999) - 11.00%
declared rates. For updated rates please contact your branch or visit FBL presentation, shall be punished with imprisonment which may extend to three years or with fine, or both.
Tier 2 (10,000,000 - 24,999,999) - 11.50%
website). Safe Custody: Safe custody of access tools to your account like ATM cards, PINs, T-Pins, Cheques, e-banking usernames,
Tier 3 (25,000,000 & Above) - 12.50%
passwords; other personal information, etc. is your responsibility. Bank cannot be held responsible in case of a security lapse at
Profit Payment Frequency Monthly the customer’s end. The State Bank of Pakistan or Faysal Bank will never Call/ SMS/ Mail/ Email to ask for customer’s
Provide example (Profit is calculated on PKR 1,000) Per Month 9.17 - 10.42 confidential details and other sensitive information related to bank accounts. Customers must be aware of this fact that sharing
Premature/ Early Encashment/Withdrawal Fee N/A such information with anyone might cause financial fraud. Similarly, customers must be cautious of phishing emails asking the
Intra-city 0 customer to click on link and for instance, change the password of his/ her bank account.
Cash Transaction Own ATM withdrawal 0 Record updation: Always keep profiles/records updated with the Bank to avoid missing any significant communication. You can
Other Bank ATM 23.44 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
ADC/Digital 0
from the number registered with your account.
Complete Subscription Charges 0
SMS Alerts What happens if you do not use this account for a long period? If your account remains inoperative for 12 months, it will be
1,475 + FED
(Membership Fee) Annual option marked as dormant. If your account becomes dormant, you will not be able to perform any debit/withdrawal transaction. To
Provincial Sales tax
145 + FED reactivate your account, you must visit your parent branch with an original valid identity document. Non-Resident Pakistani
Monthly option customers may request their respective parent branches from their registered email address. Account will be reactivated
Provincial Sales tax
UnionPay Classic NA subject to the fulfilment of all regulatory requirements.
UnionPay Gold NA Unclaimed Deposits: In terms of Section 31 of Banking Companies Ordinance, 1962 all deposits which have not been operated
PayPak-UPI Golootlo 2000 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
Debit Cards (Per Mastercard Classic 2100 to State Bank of Pakistan (SBP) by the relevant banks, after meeting the conditions as per provisions of law. The surrendered
Mastercard Gold 2800 deposits can be claimed through the respective banks. For further information, please contact your parent branch. You will
annum)
Mastercard Platinum 6000
have to fulfil all required regulatory requirements that the Bank might require to proceed further.
Mastercard World 14000
Closing this account: In order to close your account, please visit your branch along with your original valid identity document
Business Debit Card 8000
for account closure. The Bank shall perform mandatory requirements for account closure. Any products, services or facilities
Business Debit Card World 14000
Issuance 19/- per leaf linked with your account shall automatically be cancelled/ deactivated subsequent to the account closure.
Stop payment 0 Expired Identity Document: Once your submitted ID document has reached its expiry, you shall be requested to submit a new
Cheque Book For 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
More than one cheque 600/- per instruction plus postage /SWIFT charges subsequent to serving one-month prior notice.
Loose cheque N/A
Banker's Cheque/ Pay Order 350 How can you get assistance or make a complaint?
Remittance Local 0.12% of transaction amt Or Rs. 200/- (min - max up to Rs. Contact Information:
Demand Draft
2,000/-) Faysal Bank Limited Complaint Management Unit: 6th Floor,(East Wing) Faysal House, ST- 02, Shahrah-e-Faisal, Karachi.
Remittance Foreign Foreign Demand Draft N/A
Pakistan.
Helpline: +92 21 111 06 06 06
Nil if proceeds are credited to an
account with FBL. Email: customercomplaint@faysalbank.com
Remittance Foreign Website: www.faysalbank.com
(Inward Remittances) Other wise applicable Pay Order/
(Inward Remittances) Demand Draft charges plus If you are not satisfied with our response, you may contact:
postal and/or SWIFT charges Banking Mohtasib Pakistan, 5thfloor, Shaheen Complex, M.R. Kiyani Road, Karachi
Email: info@bankingmohtasib.gov.pk Website: www.bankingmohtasib.gov.pk
Telegraphic Transfer
Outward Telegraphic Transfer Outward (FCY) NA
(Foreign Currency)
Annual -
Statement of Account Half Yearly -
Duplicate 35
ADC/Digital Channels 0.1% of transaction amount or Rs. 200 whichever is lower
Fund Transfer
Others N/A
Internet Banking subscription 0
Digital Banking
Mobile Banking subscription 0
Normal Nil
Rs. 350/- per Instrument
There will be no intercity
Clearing - Outward Intercity charges between
Islamabad and Rawalpindi
as these are twin cities.
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 Thursday, February 27, 2025
Mobile Number
Email Address
Signature Verified
Account Mode of (Single/Joint/Either or Survivor)
Operation
