Complete Protection of Funds

Muhafiz Savings Account provides end-to-end services of transactions and savings facilities to all serving and retired government officials with the most convenient investment process. Muhafiz account holders can easily earn high profits on savings with no minimum balance requirement while also keeping their funds completely accessible at any time.

Product Features for Salaried

• 11% p.a. profit on monthly average balance.
• No minimum balance requirement.
• Deposit can conveniently be made through OTC, ATM, Internet banking or Mobile banking.
• Unlimited transactions.
• Zero initial deposit required.

Product Features for Pensioner

• 11% p.a. profit on monthly average balance.
• No minimum balance requirement.
• Deposit can conveniently be made through OTC, ATM, Internet banking or Mobile banking.
• Unlimited transactions.
• Zero initial deposit required.

Special conditions for Pensioner

• Pensioners will be required to undergo biometric verification at branch semi-annually each year. In case of non-availability of customer due to adverse health, provision of “LIFE certificate” will be mandatory on the same schedule otherwise the account will be marked inactive.
• In case of family pension, the pension nominee (widow/widower, unmarried daughter, sister) is required to present “Non-marriage certificate” each year.

Free Services on Muhafiz Account on maintaining a minimum balance of PKR 10,000 & above:

• Free cheque book of 25 leaves per month.
• Free clearing (inward and outward).
• Free bankers cheque (2 per month).
• Free monthly duplicate statement.
• Free funds transfer (KMBL to KMBL).

*Terms and conditions apply