HBL FreedomAccount

This account provides a range of free unlimited features catering to the banking needs of business persons. It is designed for sole proprietors, partnership firms and companies across all industries, enabling them to fulfill their business requirements with a convenient and hassle-free banking experience.

Features

Free inter-city cheque clearing
Free stop payment of cheque
Free SMS alerts on all transactions
Waiver on cheque return charges
Free issuance and cancellation of banker’s cheque
Free cheque book and duplicate account statement
Free funds transfer
Free cash withdrawals and deposits
Free HBL Debit Card (Individuals & Sole Proprietors)
Free online funds transfer transactions*
Free intercity funds transfer through the HBL Freedom Account using HBL network
Free SMS alert service available to individuals and sole proprietors for all transactions

How to Apply

Sole Proprietor to provide:

Original CNIC along with verified copy
Request Letter
Copy of NTN certificate

Partnership firms to provide:

Attested copy of certificate of registration
Certified copy of partnership/partnership deed
Letter of partnership
Copy of NTN certificate
Verified CNIC copies of partners

Companies to provide

Certificate of incorporation
Memorandum of association
Articles of association
Certified copy of Form 29
Verified CNIC copies of signatories
Copy of NTN certificate and SECP registration

*Terms and conditions apply

Terms and Conditions

*Account holder must maintain a minimum balance of PKR. 25,000

*Service charges apply if minimum balance falls below PKR 25,000

*Free Online Funds Transfer for Freedom Account refers to funds transfer from HBL FreedomAccount to any other HBL account

Note: For the month in which actual balance is below PKR 25,000/- even for a day, cumulative transactions Charge @ PKR 50/- per transaction will be applicable in lump sum at month end on all customer initiated Debit Transactions during the month and it will be auto recovered by the system

Important Documents

Key Fact Sheet ( HBL FreedomAccount)- July 2017.PDF

Size: 78 KB

Key Fact Sheet (HBL FreedomAccount) - January 2018.PDF

Size: 442 KB