Faysal Islamic Life Plus Savings Account has been specifically designed to meet the needs of senior citizens. This Shariah-compliant account not only offers excellent halal returns on your hard-earned savings but also includes unique health and hospitalization benefits through our exclusive Health Card.
Features
No minimum balance required
Unlimited transactional facility
Profit calculated on the Average monthly balance, assigned weightages & income earned by respective pool on monthly basis.
Exclusive “Free” features include:
First Cheque Book issuance
First Classic Debit Card issuance
Health Card - Takaful Health and Hospitalization benefits
SMS Alerts
e-Statement
Funds Transfer & Bill payments via Faysal Digibank Mobile App/ Internet Banking or ATMs
Online Banking
On maintaining average balance of PKR 50,000 & above you can avail:
Free Cheque book
Free Pay Order
Free Duplicate Statement of accounts
Please note: Any free offerings / features to current / saving accounts are at Bank’s sole discretion and Bank reserves the right to discontinue at any point of time.
*Terms & Conditions Apply
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).
Eligible Customers
Ideal for individuals aged 55 and above, including retirees and pensioners.
Available for persons with disabilities and widows with no age requirement.
Health Card privileges
Avail exclusive health privileges with our Gold and Platinum Health Cards, available for primary account holders aged between 55-80 years with incredible benefits on maintaining your monthly average balance.
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 be ineligible for healthcare benefits in any month where the average balance of the previous months does not meet the required eligibility criteria.
Claims on Health Card
Hospitalization benefits as per the health card type can be claimed on re-imbursement basis.
Contact TPL Life Claim Center at +92 21 111 000 330 for re-imbursement of claim within cash cover limits.
Health Card can be shown at selected Labs for negotiated discounts. For the list of discount centers. Click here
Claim processing is the sole responsibility of Takaful Company. BankThe bank shall facilitate the claim submission process, however, claim underwriting decision lies with the Takaful company.
How it Works
Means a kind of partnership, where Faysal Islamic Banking is the “Mubarib” (manager of the funds) and the customer is the “Rabb-ul-Maal” (owner of funds). The bank as the Mudarib may invest or disinvest, at its sole discretion the customer’s deposits in Shariah complaint modes such as Ijarah, Murabaha, Musharakah, etc. The rate of profit on the 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. The depositors 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.
Digital Healthcare Solution
Download OlaDoc App from Play Store and get connected with the best doctors in Pakistan. Enjoy the following exclusive benefits tailored for our life plus customers:
Free Video consultations with 50+ specialists for the entire family
Free Wellness Consultations
Up to 50% OFF on Surgeries and Procedures
Up to 40% OFF on Labs and Diagnostics
Up to 20% OFF on Doctors OPD Fee
Up to 10% OFF on Medicine Orders
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)