fbpx
Menu

Faysal Islamic Life Plus Savings Account

Faysal Islamic Life Plus Savings Account is a Shariah Compliant offering designed for maximization of your hard-earned savings and in addition also provides unique health and hospitalization benefits through its new Health Card feature.

Features of Faysal Islamic Life Plus Savings Account

  • No minimum monthly balance requirement
  • Unlimited transactional facility
  • Free First Cheque Book at the time of account opening
  • Free First Debit Card with global acceptability along with shopping privileges and discounts
  • Free Takaful Health and Hospitalization benefits through Health Card
  • Free SMS Alerts
  • Free e-Statement
  • Free Online Banking
  • Free Funds Transfer & Bill payments via Faysal Digibank Mobile App/ Internet Banking or ATMs
  • Monthly calculation and payment of Profit based on monthly average balance
  • Availability of Joint Account (however age of the primary account holder to be at least 55 years at the time of account opening)
  • 24/7 Contact Center availability at (021) 111 06 06 06

On maintaining a monthly average balance of PKR 50,000/- or more, customer is be eligible for:

  • Free Cheque
  • Free Pay Order
  • Free Duplicate Statement of Accounts

Health Card Privileges

Gold and Platinum health cards will be issued to primary account holder aged between 55-80 years based on maintenance of required monthly average balance. Customers can avail the following privileges through respective Health Cards.

Gold Health Card Platinum Health Card
Hospitalization cash cover per day PKR 10,000/- PKR 15,000/-
Accidental death Takaful Coverage PKR 500,000/- PKR 1,000,000/-
Discount in leading laboratories with co-branded Health Card across Pakistan Up to 30% Up to 30%
Previous month’s average balance PKR 100,000 and above* PKR 3 million and above*

*Customers will not be able to avail Health Care benefits in months where previous months average balance falls below the required eligibility criteria

CLAIMS ON HEALTH CARD

  • Hospitalization benefits as per the health card type can be claimed on re-imbursement basis.
  • Customers with claims for the hospitalization benefit can contact TPL Life Claim Center at +92 21 111 000 330 for re-imbursement of claim as per the cash cover limits.
  • Customers can show the Health Card at selected Labs to avail the negotiated discounts. For the list of discount centers Click here
  • Terms and conditions will apply. Click here

Open your account today and avail great product features and services/ benefits. For further details, visit your nearest Faysal Islami branch or call us at (021) 111 06 06 06.

Mudarabah Account

Life Plus Savings remunerative account is offered based on ‘Mudarabah’, where Faysal Islami is the ‘Mudarib’ (manager of the funds) and the customer is the ‘Rab-ul-Maal’ (owner of funds). These deposits are deployed in Shariah-compliant modes such as Ijarah, Murabaha and Musharakah. The rate of profit on your deposit will be determined through a Shariah approved mechanism for calculation of weightages which will be announced at the beginning of each calendar month and shall be applicable for that month only. Faysal Islamic Life Plus Savings Account will share in the profit earned through financing in different Islamic modes of financing. Losses, if any, will be shared in the proportion of investment by each depositor. Monthly weightages for profit distribution shall be calculated and displayed at all Faysal Islami Banking branches as well as our website

To open your account today, please visit your nearest Faysal Islami branch or call us at (021) 111 06 06 06.

Note: All Taxes and Zakat are applicable as per Government regulations. Other account maintenance and transactional charges apply as per Faysal Islamic Banking Schedule of Charges (SOC).

Hospital Cash Assist Group Takaful Plan

Accidental Death Group Family Takaful Participant Membership Document

Certificate of Shariah Compliance

Frequently Asked Questions (FAQs)

phone

Call Us or Text Us

Our hotline is available 24X7

Tel: 111-06-06-06

Text 9181

map Karachi

Nearest ATM & Branch

ATM - Engro Polymer & Chemicals Ltd. Plant Site EZ/I/P-II-I Eastern Zone, Bin Qasim

Branch - Engro Polymer & Chemicals Ltd. Plant Site EZ/I/P-II-I Eastern Zone, Bin Qasim