PLS Savings Accounts are profit-bearing accounts meant to promote the habit of savings among the Customers while allowing them to use their funds when required. It is a saving account available for general public, govt/semi govt organizations, companies, business entities etc who are eligible to open account as per bank’s criteria.
- The Account can be opened with an initial/minimum deposit as stipulated by the Bank from time to time unless specifically exempted.
- Calculation of profit is on monthly average balance method at minimum savings rate.
- Payment of profit is on half yearly basis.
- Free Internet banking.
- SMS Alert facility is available subject to payment of annual charges as per bank’s schedule of charges.
- Free of cost utility bills payment facility through BOK ATM Network.
- Terms and conditions apply
- Who are eligible to open PLS Account
- Individual (Singly or Jointly).
- Individual Business.
- Diplomat.
- Sole Proprietorship.
- Joint Stock Company (Public/ Private/ Listed/ Unlisted).
- Partnership Firm (Registered/ Unregistered).
- Government Organization (Federal/ Provincial).
- District Government/ Local Government Organization.
- Trust/ Club/ Association/ Society/ Political Party/ Charity/ NGO/NPO.
- Public Sector Corporation/ Autonomous Body.