Table of Contents
- 1 What are the required documents for opening account at banks?
- 2 Do I need address proof for bank account?
- 3 How can I open a bank account in Pakistan?
- 4 What are the different types of accounts?
- 5 How to open a current account at Standard Chartered Bank in Pakistan?
- 6 What are the documents required to open bank account?
What are the required documents for opening account at banks?
Savings Bank Account
- (a) Proof of identity (any of the following with authenticated photographs thereon): (i) Passport. (ii) Voter ID card. (iii) PAN Card. (iv) Govt./Defence ID card.
- (b) Proof of current address (any of the following) (i) Credit Card Statement. (ii) Salary slip. (iii) Income/Wealth Tax Assessment Order.
Do I need address proof for bank account?
Individuals are required to provide both identity proof and address proof for opening a saving account.
How can I open a bank account without documents?
Those who do not posses a valid identity or address proof, can still open a bank account known as ‘Small Account’ by submitting recent photograph and signature or thumb impression in the presence of the bank official. Thus, opening of a Small Account does not require any identity or address proof documents.
How can I open a bank account in Pakistan?
What documents do I need to open a bank account in Pakistan?
- Valid passport.
- Proof of address.
- Proof of employment/income.
- Documents proving the origin of the funds for your initial deposit.
- Copy of recent utility bill.
What are the different types of accounts?
Various Types of Bank Accounts
- Current account. A current account is a deposit account for traders, business owners, and entrepreneurs, who need to make and receive payments more often than others.
- Savings account.
- Salary account.
- Fixed deposit account.
- Recurring deposit account.
- NRI accounts.
How much money do you need to open a bank account in Pakistan?
The minimum initial deposit for account opening is Rs. 1,000 with no minimum balance requirements.
4 Steps to Open a Bank Account in Pakistan 1 Select a Bank. First of all you need to choose a bank in which you want to open your account. 2 Visit nearest Branch. Once you choose your favorite bank, visit nearest branch and meet with account opening officer. 3 Documents Required for Bank Account. 4 Banking Products and Services.
How to open a current account at Standard Chartered Bank in Pakistan?
Collect and submit the following documents to the bank if you want to open a current account at Standard Chartered Bank: After you’ve submitted these documents, you’d also need to pay a minimum fee of 1000 PKR for account opening and would also need to maintain a minimum balance of 1000 PKR. 1 cheque books and 2 VISA Debit Cards for local currency.
What are the documents required to open bank account?
When you apply for a bank account, you will have to complete and submit account opening form along with documents such as proof of identity and source of income. For instance, if you are doing job, you will have to submit following documents to open a salary account:
What are the different types of banking accounts in Pakistan?
Basic Banking Accounts are ideal for students, homemakers and retired individuals. The current account is easily one of the most popular types of bank accounts in Pakistan, widely used by working individuals, businessmen and commercial entities.