Features
Available in PKR and Foreign currencies (USD, Euro, CNY and GBP)
No minimum balance required
Nationwide online access through Faysal Bank branch, DigiBank Mobile App, Internet Banking, Contact Center & ATMs network
Unlimited transactions.
On maintaining average balance of PKR 50,000 & above you can avail:
- Free Cheque book
- Free Pay Order
- Free Duplicate Statement of account
Please note: All above mentioned above free offerings to both current and saving accounts are at the Bank’s sole discretion and the Bank reserves the right to discontinue at any point of time.
Eligible Customers
Suitable for Salaried Individuals and Small Businessmen.
Qard
Faysal Islami Current Account operates on the Qard principle. This means the Bank is obliged to repay the depositor's money on demand. While the Bank can use the funds for investments and other purposes within Shariah boundaries, accountholders do not partake in any gains or losses incurred on their deposits with the Bank.
Document Requirements
Individual Account
Salaried Person
Valid attested copy of Identity Documents:
Computerized/Smart National Identity card (CNIC/SNIC)
National Identity Card for Overseas Pakistanis (NICOP)
Pakistan Origin Card (POC)
Alien Registration Card (ARC)
Passport
Attested copy of Certificate from the employer OR
Service Card OR
Recent Salary Slip
Individual Account
Self Employed
Valid attested copy of Identity Documents:
Computerized/Smart National Identity card (CNIC/SNIC)
National Identity Card for Overseas Pakistanis (NICOP)
Pakistan Origin Card (POC)
Alien Registration Card (ARC)
Passport
Proof of earning OR
Source of income establishing business existence
Minor Account
Legible copy of form "B" OR
Birth Certificate OR
Student ID Card
Valid attested copy of Guardian Identity Documents:
Computerized/Smart National Identity card (CNIC/SNIC)
National Identity Card for Overseas Pakistanis (NICOP)
Pakistan Origin Card (POC)
Alien Registration Card (ARC)
Passport
If the "Major" is not a legal guardian of "Minor", court order would be required
Business Account
Proprietorship
Valid attested copy of Identity Documents:
Computerized/Smart National Identity card (CNIC/SNIC)
National Identity Card for Overseas Pakistanis (NICOP)
Pakistan Origin Card (POC)
Alien Registration Card (ARC)
Passport
Account opening requisition on business letter head along with stamp.
Copy of Sales Tax registration or NTN Certificate.
Certificate or proof of membership of trade bodies (where applicable) Registration certificate for registered concerns.
Any other documents (if required).
Partnership
Valid attested copy of Identity Documents:
Computerized/Smart National Identity card (CNIC/SNIC)
National Identity Card for Overseas Pakistanis (NICOP)
Pakistan Origin Card (POC)
Alien Registration Card (ARC)
Passport
Account opening requisition on business letter head along with stamp.
Declaration of proprietorship on business letter head with stamp.
Copy of Sales Tax registration or NTN Certificate.
Certificate or proof of membership of trade bodies (where applicable) Registration certificate for registered concerns.
Partnership deed
Partnership resolution
Any other documents (if required).
Companies
Valid attested copy of Identity Documents:
Computerized/Smart National Identity card (CNIC/SNIC)
National Identity Card for Overseas Pakistanis (NICOP)
Pakistan Origin Card (POC)
Alien Registration Card (ARC)
Passport
Account opening requisition on business letter head along with stamp.
Copy of Sales Tax registration or NTN Certificate.
Certificate or proof of membership of trade bodies (where applicable) Registration certificate for registered concerns.
List of Directors
Board Resolution
Certificate of Incorporation
Memorandum of Articles & Association
Form A/B
Form 29
By Laws in case of NGO/NPO/Trust etc
Any other documents (if required).