How to open account in Askari Bank? Services and Account types

Askari Bank is a commercial bank in Pakistan. It was founded in 1991 and is headquartered in Rawalpindi. The bank provides a wide range of banking and financial services, including personal and corporate banking, investment banking, and Islamic banking. As of 2021, Askari Bank has over 600 branches in Pakistan and is considered one of the leading banks in the country.

Services of Askari Bank

Askari Bank offers a variety of services to its customers, including:

1. Personal banking services such as checking and savings accounts, credit cards, personal loans, and car loans.
2. Business banking services such as corporate accounts, trade finance, and cash management services.
3. Investment services such as fixed deposits, saving plans, and Islamic banking services.
4. Digital banking services such as online banking, mobile banking, and SMS banking.
5. International banking services such as foreign currency accounts and international remittances.
6. Treasury services such as foreign exchange and money market operations.
7. Other services such as ATM and debit card services, safe deposit locker services, and utility bill payment services.

Please note that services may vary depending on location and region. You can check with your local branch for more information.

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How to open account in Askari Bank?

To open an account with Askari Bank, you will need to follow these steps:

1. Gather the required documents: You will need to provide identification documents such as a valid CNIC or passport, proof of residence, and a recent photograph.
2. Visit a local branch: You will need to visit a nearby Askari Bank branch to submit your application and the required documents.
3. Complete the application form: The bank will provide you with an account opening form, which you will need to fill out completely and accurately.
4. Provide additional information: You may be asked to provide additional information or documents during the account opening process.
5. Provide Initial deposit: You will be required to make an initial deposit to open the account.
6. Account activation: Once the bank has verified your documents and processed your application, your account will be activated and you will be provided with an ATM card and cheque book.

Please note that requirements and process may vary depending on location and account type. You can check with your local branch for more information.

Types of Accounts in Askari Bank

Askari Bank offers a variety of account options for individuals and businesses. Some common types of accounts offered by the bank include:

1. Savings accounts: These accounts allow customers to deposit and withdraw money as needed, while earning interest on their balance.
2. Current accounts: These accounts are designed for businesses and individuals who need to make frequent transactions. They offer check-writing facilities and usually require a minimum balance to be maintained.
3. Term deposit accounts: These accounts allow customers to deposit a fixed amount of money for a fixed period of time and earn a higher rate of interest.
4. Foreign currency accounts: These accounts are designed for customers who need to hold and transact in foreign currencies.
5. Youth accounts: These accounts are designed specifically for young customers, offering features such as no minimum balance requirements and lower interest rates.
6. Pensioner accounts: These accounts are designed for retirees and pensioners, offering features such as no minimum balance requirements and lower interest rates.
7. Digital accounts: These accounts are online based accounts where customers can perform all transactions via digital channels, such as internet banking and mobile banking.
8. Islamic banking accounts: These accounts are based on the principles of Islamic finance and are compliant with Sharia law.

This is just a general list of types of account, it is always recommended to check with the bank for specific details and requirements.

Types and limits of Allied Bank Credit and Debit Cards

Askari Bank offers a range of credit and debit cards for its customers. The types of credit and debit cards offered by the bank include:

1. Visa Credit Cards: These cards offer a line of credit that customers can use to make purchases or withdraw cash. Askari Bank has several Visa credit card options available, each with different benefits and rewards.
2. Mastercard Credit Cards: These cards offer a line of credit that customers can use to make purchases or withdraw cash. Askari Bank has several Mastercard credit card options available, each with different benefits and rewards.
3. Visa Debit Cards: These cards are linked to the customer’s savings or current account and allow customers to make purchases or withdraw cash up to the available balance in their account.
4. Mastercard Debit Cards: These cards are linked to the customer’s savings or current account and allow customers to make purchases or withdraw cash up to the available balance in their account.
5. Prepaid Cards: These cards are similar to debit cards and can be loaded with a specific amount of money. They can be used to make purchases or withdraw cash up to the available balance on the card.
6. Gift Cards: These cards can be given as gifts and can be used to make purchases or withdraw cash up to the available balance on the card.

The limits of credit and debit cards will vary depending on the type of card and the customer’s creditworthiness. The bank may also set daily purchase and withdrawal limits, as well as cash advance limits, to help customers manage their spending. It’s best to check with the bank for specific details and requirements for the card you are interested in getting.

Askari Bank Loan

Askari Bank offers various types of loans for individuals and businesses, including:

1. Personal Loans: These loans are designed for individuals and can be used for various purposes such as home renovations, medical expenses, or debt consolidation.
2. Car Loans: These loans are designed for individuals looking to purchase a new or used car.
3. Home Loans: These loans are designed for individuals looking to purchase or construct a new home.
4. Property Loans: These loans are designed for individuals and businesses looking to purchase or construct commercial or industrial properties.
5. SME Loans: These loans are designed for small and medium-sized businesses and can be used for various purposes such as expansion, working capital, or equipment purchases.
6. Agriculture Loans: These loans are designed for farmers and can be used for various purposes such as purchase of land, farming equipment, or seeds.
7. Islamic Finance: Askari Bank also offers Islamic Finance options such as Murabaha, Ijarah, and Musharaka, which are compliant with the principles of Islamic finance and are based on profit and loss sharing.

The terms of the loans, including the interest rate, repayment period, and collateral requirements, will vary depending on the type of loan and the customer’s creditworthiness. Askari Bank will evaluate the application and creditworthiness of the borrower before approving a loan. It is always recommended to check with the bank for specific details and requirements for the loan you are interested in getting.

Read Also: How to Open Account in Faysal Bank? Types of Accounts and Services

Askari Bank Customer Care

In addition to the helpline service, Askari Bank also provides customer care services to its customers. The customer care services offered by the bank include:

1. Internet banking: Askari Bank offers online banking services which allow customers to access their account information, view account statements, and perform transactions online.
2. Mobile banking: Askari Bank offers mobile banking services which allow customers to access their account information, view account statements, and perform transactions via SMS or mobile application.
3. ATM/Debit Card: Askari Bank provides ATM/Debit card services to its customers which they can use to withdraw cash, check account balance and other transactions.
4. Email and Live Chat Support: Askari Bank provides email and live chat support services to its customers, which they can use to contact the bank regarding their account information, transactions and other banking related issues.
5. Branch Services: Askari Bank has a network of branches all over Pakistan, where customers can visit to perform transactions, deposit and withdraw cash, and receive assistance from bank representatives.
6. Social Media Support: Askari Bank also provides social media support to its customers, which they can use to contact the bank regarding their account information, transactions and other banking related issues via social media platforms such as Facebook, Twitter and LinkedIn.

It’s always recommended to check with the bank fo

Askari Bank Helpline

Askari Bank provides a helpline service to its customers to assist with their banking needs. The helpline numbers are:

1. 111-000-787: This is the general helpline number for Askari Bank customers. It can be used for inquiries about account information, transactions, and other banking-related issues.
2. 0800-22522: This is the toll-free helpline number for Askari Bank customers. It can be used for inquiries about account information, transactions, and other banking-related issues.
3. +92-51-111-000-787: This is the international helpline number for Askari Bank customers. It can be used for inquiries about account information, transactions, and other banking-related issues from outside Pakistan.
4. +92-51-111-786-787: This is the international helpline number for Askari Bank customers. It can be used for inquiries about account information, transactions, and other banking-related issues from outside Pakistan.
5. +92-51-111-000-787: This is the helpline number for Askari Bank customers for information regarding the credit card services.
6. +92-51-111-786-787: This is the helpline number for Askari Bank customers for information regarding the debit card services.

It’s best to check with the bank’s official website or visit one of their branches for updated helpline numbers and hours of operation.