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 (for first year only)
• 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
• All PKR Islamic Term Deposits can be booked against Nisa Tawfir 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).​​

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

HBL Nisa Tawfir Account is based on the concept of Mudaraba. Under this arrangement, customer (Rab-ul-Maal) provides funds to HBL (Mudarib) for investment under Shariah guidelines. The actual profit at the end of period is shared between the customer and HBL as per the pre-agreed profit sharing ratio. Loss, if any, is borne by the customer and HBL will not be entitled for Mudarib share of profit.