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HBL DailyProgressiveAccount

A savings account for business entities that offer lucrative rate of returns. It is aimed at commercial, corporate and high net worth individuals, enabling them to maximize their wealth along with conducting daily transactions required.

Features

  • Open an account with just PKR 500,000
  • Earn increasing profit rate on incremental daily balances
  • Profit calculated on daily basis on closing balance
  • Profit payout on monthly basis
  • Minimum monthly balance requirement of PKR 20,000
  • Tier based profit rates applicable

How to Apply


Sole Proprietor to provide:

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


Partnership firms to provide:

**Enchashment penalty to be charged as per "Opportunity loss " for the remaining days to maturity.
Terms and conditions apply. These are expected rates and can change. All profits and payable are subject to Zakat and Government Levies

In case premature encashment penalty is greater than or equal to the customers accrued profit, then the premature encashment penalty will be equivalent to customers accrued profit.


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
• Copy of SECP registration

Terms and conditions apply. These are expected rates and can change. All profits payable are subject to Zakat and Government Levies

Important Documents

Indicative and Annualised Rates on Deposits - 1st June 2019 to 30th June 2019.pdf  
Size: 251 KB
Indicative and Annualized rates on deposits - April 2019 to June 2019.pdf  
Size: 400 KB
Indicative and annualised rates on Deposits - Jan 2019.pdf  
Size: 409 KB
Key Fact Sheet (HBL DailyProgressiveAccount) - Jan 2019.PDF  
Size: 159 KB
Key Fact Sheet (HBL DailyProgressiveAccount) - July to December 2018.pdf  
Size: 82 KB
Key Fact Sheet (HBL DailyProgressiveAccount) - January 2018.PDF  
Size: 86 KB
Indicative and Annualised Rates on Deposits - February 2019 to June 2019.pdf  
Size: 403 KB