Deposits in Basic Banking Account are received on Qard basis. The funds received in Basic Banking Account are not used in any interest based banking activities. The account opening facility is available in all the Islamic banking branches of The Bank of Khyber and Islamic Banking Windows at Conventional Branches of The Bank of Khyber.
- Initial Deposit PKR. 1000/-
- No Profit No loss.
- No minimum Balance requirement.
- No charges for Closing of Account.
- Free Account Statement (once in a month) on request.
- Free e-mail of account statement on request
- ATM/Debit Card Facility available
- Maximum two deposit transactions and two chequing withdrawals are allowed, free of charge, through cash/clearing per month.
- Unlimited, free of charge, ATM withdrawals from the banks’ own ATMs. In case of withdrawal from BBA through the ATM machines of other banks, the respective/other bank may recover charges for such transactions.
- In cases, where balance in BBA remains ‘nil’ for a continuous six-month period, such accounts will be closed.
- For individuals (with minimum transactional requirement- low income customers)
- For details click on the following link https://www.sbp.org.pk/bpd/2005/C30.htm. Or visit any nearest Islamic Branch of BOK or Islamic Banking Windows.