Eligibility :
Individuals, Business People, Business Entities (Sole Proprietors, Companies
(Public, Private, Listed, Non listed), Partnership Firms (Registered/ Un-Registered),
Govt. Departments, Local Bodies and Corporations, Trusts, Clubs, Associations, Societies, NGOs,
Public Sector Corporations/ Autonomous Bodies
Salient Features
Chequing account.
Can be opened singly in one name or jointly in two or more names.
Initial/ Minimum deposit requirement is Rs. 1000/-
No withdrawal Limit.
No Zakat deduction.
Free Cheque Book and other Services as per applicable schedule of charges for account holders having
average balance of Rs. 25,000/- and above.
Free of Charge Locker facility for account holders having average balance of Rs. 50,000/- and above.
PLS Savings Account
Eligibility:
Individuals, singly or jointly can open their savings accounts. Business/Government entities can open savings accounts for placing funds of provident and benevolent nature.
Features
Profit earning chequing account
Initial deposit/ minimum balance requirement of Rs. 500/-.
Accounts can be opened singly in one name or jointly in two or more names.
Free Cheque Book and other Services as per applicable schedule of charges for account holders having
average balance of Rs. 100,000/- and above.
No Limit on withdrawals.
Half yearly profit payment.
Zakat applicable as per law.
Special Deposit Account
Eligibility:
Individuals, Business People, Business Entities (Sole Proprietors, Companies (Public, Private, Listed, Non-listed), Partnership Firms (Registered/ Un-Registered), Govt. Departments, Local Bodies and Corporations, Trusts, Clubs, Associations, Societies, NGOs, Public Sector Corporations/ Autonomous Bodies
Features
Suitable for business
Profit payment on half yearly basis on daily product basis.
Profit accrues on daily product basis
No restriction on withdrawals
Daily Balance of Rs. 50,000/- required for profit eligibility.
Free services as per applicable schedule of charges for all the customers having average balance of Rs.100,000/- or above.
Bemisal Mahana Bachat Account (BMBA)
Eligibility:
Individuals, Business People, Business Entities (Sole Proprietors, Companies (Public, Private, Listed, Non-listed), Partnership Firms (Registered/ Un-Registered), Govt. Departments, Local Bodies and Corporations, Trusts, Clubs, Associations, Societies, NGOs, Public Sector Corporations/ Autonomous Bodies
Features
Minimum Deposit Limit for profit is Rs. 25,000/-, however, the account can be opened with Rs. 1,000/-
Maximum Two withdrawals allowed between 6th and last day of month for profit qualification.
No restriction on number of withdrawals before 6th of the month.
Profit payment on monthly basis.
Free locker facility for customers having average balance of Rs. 50,000/-.
Up to 95% quick financing facility available on low markup.