Government charges will be applicable as per the law

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government charges will be applicable as per the law) No maximum limit for investment All profits payable are subject to applicable Zakat and Govt. levies and changes in the Banks policies from time to time. 4. Askari Waqaar Account: pg. 42
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Askari Waqaar Account has been developed for senior citizens, enabling them to carry out their b anking transactions and also to avail investment opportunities. High returns Offered in Savings/Term Deposit categories Profit paid on monthly basis Free first debit card Free first cheque book Features Savings Term Deposit Tenure 1 year Minimum Age to qualify 55 years 55 years Profit Calculation Monthly Average Balance Profit Payment frequency Monthly Monthly Debit Card & Cheque Book Free for the first time (subsequent annual and replacement charges will apply) Free for the first time – for linked account (subsequent annual and replacement charges will apply) Currency PKR PKR Procedure of Opening an Account: The Account Opening Form: When a client comes to the bank, and makes a request for opening of an A/C. Theofficer says that first fill up a prescribed application form. If he/she wants to opena PLS A/C, then he/she has to fill a form according to the account. Completion of The Form: The name, occupation, and complete address of the person opening the accountare written in the colum ns are provided in the form. One signature of the person istaken on the face of the form and one is taken on the backside. These signatures should be usual signatures and he would operate the account with the m future. Introduction: pg. 43
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The introduction of a current account holder is accepted for the opening of either acurrent accoun t or a solving account. The introduction of saving bank account isaccepted only for saving bank a ccounts. The signature of the account holder introducing the account is obtained at the place prov ided for in the accountopening form. Specimen Signature Card (S. S. Card): It is card on which specimen of applicant’s signature are taken for futurereference. Every time a cheque is presented for payment, the signature on thecheque is verified by comparing it with S.S Card. In case of joint account twoapplicants can sign on one SS card. In case of more than two jo int account holdersmore than one SS card are required. Account Number: As now a days Bank Askari has acquired centralized banking system where allthe branches are d irectly connected to Head office. When customers give all theinformation about him, this inform ation is entered into centralized data base.When this procedure is completed, the system automati cally generated the accountnumber of that customer. Due to this system the process of account op ening becomes fast and also there is no chance of any mistake.The account numbers of various a ccounts start with the following series Account title Account number Current account 01 Saving account 02 Term deposited account 03 Issuance Of Cheque book:
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