Young Savers Account for Pakistani Kids
Bank Al Habib has now designed an account for minors. This is a new type of account available for the first time in Pakistan. The account named YOUNG SAVERS ACCOUNT will benefit all those who are below 18 years of age and want to earn savings over their earnings or collected money. Some kids like me are too intelligent to earn even below 18 years of age.
The minimum amount needed to open an account is as low as Rs.5. The bank expects a profit rate of 10 percent p.a. which will be payable half yearly. With Young Savers account, your account balance can’t exceed by Rs.500,000 or otherwise your account will not be eligible for crediting of savings. Minors can have a maximum of 5 withdrawals in a month. Withdrawing more than 5 times a month will result in no profit over your savings for that month. Young Savers who are under 16 may have an ATM/Debit Card available to their parent/guardian while those who are 16 years or more can have their own ATM/Debit Card.
Until you are not 18, your account will be controlled by your parent/guardian. After you have reached 18 years of age, the balance will be transferred to your new independent bank account which will be opened after fulfilling a few formalities. Representatives of Bank Al Habib will also visit schools to help you open your Young Savers account.
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i find my online account in young savers
please answer me
What do you mean by your online young savers account. Do you want to open a young savers account?
Hi, I am very happy for this young saving account of Bank Al-habib. Please give me more and full information at my e-mail address Thank you.
Sorry, we don’t provide any information through email. I hope you will under stand. Thanks.
please send me a detail
Hello Mazhar,
I am afraid we don’t provide any details via email. Hope so you can understand and bear us. Thanks for your understanding.
thanks for the information it os very good step for saving specially for children
Hi BANK AL HABIB I M THANK FULL TO YOU THANKS@}:-
i love it bcs it saves my money
pls
i am very thankfull to bank al habib i like your bank so much ummaahhhhh
i intent to open young saving account as m of 17 years old.Let me have requsite information for opening of said account + Debit card on my email adress sharp. Thank you
I intent to open young saving account as m of 17 years old.Let me have requsite information for opening of said account + debit card on my email adress sharp.
m again requesting u because i yet i have not receive any mail from u.Please b responsible
how can we registered our account