Saving A/Cs
Raast Pensioner Saving Account
The relationship between BOK and the Accountholder of Raast Pensioner Saving Account shall be based on the Islamic principles of Mudarabah (Profit and Loss sharing), where the Customer is the Rab ul Maal and the Bank is the Mudarib.
- Initial Deposit PKR. 100/-
- Profit share is higher than PLS share
- Profit Payment on monthly Basis.
- Profit Calculation on monthly average Balance.
- Free Account Statement (once in a month) on request.
- Free e-mail of account statement on request
- No charges for Closing of Account.
- No minimum Balance requirement.
- ATM/Debit Card Facility available
- Pensioners who are willing to open an account
- For further details, visit any nearest Islamic Branch of BOK or Islamic Banking Windows.
- Withholding Tax and Zakat applicable as per prevailing laws and regulations of Pakistan.
Note: Weightages will be announced before starting of each month and Profit will be declared up to seven days of subsequent month. In case of loss, loss will be bear as per investment according to rules of Musharakah. For historical profit rates please click on link https://www.bok.com.pk/islamic/profit-rates