Key Fact Statement (KFS) for Deposit Accounts
BANK AL HABIB LTD Date
__________ branch IMPORTANT: Read this document carefully if you are considering opening a new account. It is available in English and Urdu. 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.
Account Types & Salient Features: AL Habib Woman Current Account
This information is accurate as of the date above. Services, fees and mark up rates may change on Quarterly basis. For updated fees/charges, you may visit our website at
www.bankalhabib.com or visit our branches.
"AL Habib Woman Account” is a complete banking solution catering the financial needs needs of Woman.
• No minimum balance & initial payment requirement • SMS Alert facility • Free e-Statements
• Free PayPak Debit Card (Default)* Issunace Only • Free Banker’s Cheque / Pay Order (upto 03 in month) • Free Life Insurance**
• Free Internet/Mobile banking • Discount on Locker Fee *** • Free First Cheque Book (10 Leaves)
*Bank AL Habib PayPak Card is the free default Debit Card being offered under this account, however you may opt for a Visa or UnionPay Card. Terms and Conditions Apply.
**Free Life Insurance Coverage for customer with following eligibility criteria:
• New Accounts Eligible after 90 Days of Opening of Account • Claims Payable on the basis of 90 Days of average Balance in Customer Account
• Maximum Payable on the Natural Death / Permanent Disability PKR 1 Million • Maximum Payable on the Accidental Death / Permanent Disability PKR 2 Million
• In Case of Joint Account, Any One of the Account-holders will be covered • Age Limit- 18 to 60 Years
***50% discount on locker rent for 1st year
Note: Kindly refer Schedule of Charges (SOC) for exemptions of service charges.
Conventional
Particulars
AL Habib Woman Current Account
Currency PKR
Minimum Balance for To open 0
Account To keep 0
Account Maintenance Fee 0
Total Debit
0
Balance Limit
Total Credit
0
Balance Limit
Free Life Insurance No
Service Charges
IMPORTANT: This is a list of the main service charges for this account. It does not include all charges. You can find a full list at our branches, on our website at
www.bankalhabib.com. Please note that all bank charges are exclusive of applicable taxes.
Conventional
Services Modes
AL Habib Woman Current Account
Intercity 0
Intra-city 0
Cash Transaction
Own ATM withdrawal 0
Other Bank ATM PKR 18.75
ADC/Digital -
SMS Alerts Monthly
Clearing
(without FED) PKR 90
For other transactions
Visa Silver PKR1400
Debit Cards Visa Gold PKR 1750
(Issuance & Annual Visa Platinum PKR 4000
charges) UnionPay PKR 1250
Paypak 0 (Issuance Only)
Issuance 0 – First Cheque book (10 leaves only)
Cheque Book Stop payment PKR 500 per instruction
Loose cheque PKR 30/cheque
Conventional
Services Modes
AL Habib Woman Current Account
Remittance (Local) Banker Cheque / Pay Order 0 (Free-upto 03 in a month)
Foreign Demand Draft USD 18
Remittance
Stop payment of FDD/FTT US$ 6 plus drawee bank charges at actual
Foreign
Remittance
Foreign
Wire Transfer -
Annual 0
Half Yearly 0
Statement of Statement of A/c upto 6 Months PKR 35
Account Duplicate
Statement of A/c Above 6 months Additional PKR 35 per 6 months
E-Statements (Monthly) 0
Free IBFT - Upto Rs. 25,000/- per month / per account. For additional amount above Rs. 25,000/- per month / per
ADC/Digital Channels
Fund Transfer account, 0.1% of the transaction amount or Rs. 200, whichever is lower will be charge
Others 0
Internet Banking subscription 0
Digital Banking
Mobile Banking subscription 0
Normal 0
Clearing Intercity PKR 300
Same Day PKR 500
Closure of Account Customer request 0
You Must Know
Requirements to open an account: To open the account you will need to satisfy some identification Unclaimed Deposits: In terms of Section 31 of Banking Companies
requirements as per regulatory instructions and banks' internal policies. These may include providing Ordinance, 1962 all deposits which have not been operated during the period
documents and information to verify your identity. Such information may be required on a periodic of last ten years, except deposits in the name of a minor or a Government or a
basis. Please ask us for more details. court of law, are surrendered to State Bank of Pakistan (SBP) by the relevant
Cheque Bounce: Dishonoring of cheques is subject to a criminal trial in Pakistan under Pakistan Penal banks, after meeting the conditions as per provisions of law. The surrendered
Code, 1860. Accordingly, you should be writing cheques with utmost prudence. deposits can be claimed through the respective banks. For further
Safe Custody: You are requested to do not share any personal information such as: Birth, mother’s information, please contact your relationship branch.
maiden name, Internet/Mobile Banking user ID & passwords, One Time Passwords, TPIN, Debit/Credit Closing this account: In order to close your account, kindly visit your
card number, PIN and CVV. In case you receive such email, please do not respond. Instead, we would Relationship Branch
appreciate it if you report these emails/SMS at info@bankalhabib.com How can you get assistance or make a complaint?
Record updating: Always keep profiles/records updated with the bank to avoid missing any significant Unit Head- Customer Complaint Unit, Bank AL Habib Ltd
communication. You can visit your relationship branch to update your information. 4th Floor Plot no 30-C, Kahayan-e-Shahbaz, DHA Phase VI, Karachi.
What happens if you do not use this account for a long period? If your account remains inoperative Tel: (021) 35243570-71Helpline: (021) 111-014-014
for 12 months, it will be treated as dormant. You have to reactivate your account. Email: feedback@bankalhabib.com/info@bankalhabib.com
Website: www.bankalhabib.com
In case of unsatisfactory resolution, you may also write to the Banking
Mohtasib Pakistan at following address:
Banking Mohtasib Pakistan
Shaheen Complex, 5th floor, M. R. Kiyani Road,
Karachi.http://www.bankingmohtasib.gov.pk/
I ACKNOWLEDGE RECEIVING AND UNDERSTAND THIS KEY FACT STATEMENT
Customer Name: Date:
Product Chosen:
Mandate of account: Single/Joint/Either or Survivor
Address
Contact No.: Mobile No. Email Address
Customer Signature Signature Verified
Customer Signature Signature Verified
(Secondary-Incase of Joint
Account)
