Key Features

• Account Type Islamic Savings account
• No minimum balance requirement
• No issuance charges on Classic /Gold Master Debit Card (for first year only)
• No Charges on cheques returned in inward clearing/collection (LCY)
• 50% discount on Locker issuance Fee (safe deposit lockers fee)
• Free cheque Book
• Free issuance of certificate for the purpose of visa
• Free duplicate account statement.
• Free takaful coverage on maintaining a monthly average balance of PKR 35,000
• Free Issuance/cancellation of Banker’s cheque
• Free Intercity Funds Transfer (HBL to HBL)
• Free Intercity Cash Deposit /Withdrawal(HBL ATMs and HBL Branches)
• Free Outward Clearing Cheque Return
• Free SMS Alert charges for Over-the-Counter Transactions
• Free InterCity Clearing
• Free Stop Payment of Cheque
• Photo Account to be allowed, but will receive HBL Photo Account Debit Card. (All charges will be applicable as per I-SOBC)
• All PKR Islamic Term Deposit can be booked against Nisa Tawfir Plus Account on customer’s request
• All other service charges will apply as per prevailing I-SOBC

How to Apply

Individual to provide:

• Original CNIC along with a verified copy
• Proof of income
• Duly signed Cheque Book Requisition form
• Copy of a recent utility bill

Sole Proprietor to provide:

• Original CNIC along with a certified copy
• Request letter
• Copy of the NTN Certificate
• Duly signed Cheque Book Requisition form

*These documents are the minimum requirement at the time of Account Opening. Customer may be required to submit additional documents

Note: -

Terms and conditions apply. Withholding Tax and Zakat is applicable as per applicable law. All facilities are subject to Islamic Schedule of Bank Charges (I-SOBC).​​

Terms and Conditions apply*

Criteria

• Account can only be opened by females above 18 - (individual or Sole Proprietor)
• Account can be opened individually and jointly (two Females or 1 Female + 1 Male)
• Account to be opened by Pakistani Nationals and residents only. Non-Resident Pakistanis and Males can open an account in joint account capacity only as a secondary account holder
• Accounts can only be opened in PKR

Guiding Principle

The underlying structure of HBL Nisa Tawfir Plus Account is based on the Shari’ah principles of Mudaraba. Under this contract, depositors assume the role of Rab-ul-Maal and the bank assumes the role of Mudarib. Bank invests the funds in Shariah compliant avenues and the income of the earning Assets is shared between Rab-ul-Maal and Mudarib on the basis of pre-agreed Profit-Sharing Ratio (PSR) announced under Pool Management system, where in Rab-ul-Maal funds are pooled by Mudarib to the respective Mudarabah Pool. The profit is distributed among the depositors on the basis of pre-assigned weightages.​