Deposit Products

Faysal LifePlus Account

We believe growing old is about cherishing more of life instead of holding back. That’s why with Faysal LifePlus Account we give you the priviliges of comfort, convenience and care. So start fulfilling those long desired wishes.

Product Features & Benefits

  • No Minimum balance requirement
  • Profit is calculated on monthly average balance and paid to you on a monthly basis
  • Annualized expected Rate of Return for the monthly average balances maintained are as follows:
  • Tiers (Monthly Average Balance) Expected Rate of Return (per annum)
    0 – 99,999 3.75%
    100,000 – 2,999,999 5.00%
    3,000,000 – 4,999,999 5.25%
    5,000,000 + 3.75%
  • Free First Cheque book of 10 Leaves
  • Free Faysal Pocket Mate Visa Debit Card Issuance for your usage promising global acceptability with security and convenience along with shopping privileges and discounts at various outlets
  • Joint Account Holder allowed however the age of primary account holder should be at least 55 years at the time of account opening.
  • Insurance Privileges

    Avail the mentioned free Insurance Privileges on maintaining the following balances:

    Balance Amounts Privileges
    On maintaining a monthly average balance of Rs. 100,000/- or above *Free Insurance that provides:
    § ATM and Over-the-counter Cash Withdrawal Insurance up to a limit of Rs. 50,000/-
    § Accidental Death Insurance up to a limit of Rs. 1,000,000/-

    *For documentary requirements and insurance products’ Terms and Conditions, please contact your Relationship Manager or visit any of our branches

  • Access to your account through online banking at more than 300 Faysal Bank branches in over 90 cities nationwide
  • Free e-Statements delivered via email to view your banking transactions
  • Free Faysal – Mobit Internet Banking facility where you can access your account and control your finances while on the go
  • Real–time SMS Alerts to help keep track of transactions conducted in your account
  • Funds Transfer facility between any two Faysal Bank accounts or from a Faysal Bank account to any 1 LINK member bank account
  • Cash Deposit facility at selected Faysal Bank ATMs
  • A 24/7 Customer Interaction Centre where our dedicated Phone Banking Officers await to assist you
  • Utility, internet and mobile bill payments along with mobile reloads that can be made through Faysal Bank ATMs, our Customer Interaction Centre as well as Faysal – Mobit Internet Banking

latest rate sheet 01-September-2016

Keyterms of Cash Withdrawl Insurance & Accidental Death Insurance for Faysal Life Plus (Senior Citizen Account Holders)

Note: All taxes and Zakat are applicable as per Government regulations.