- Telenor Bank Asaan Account
Banking for all.
Open your Telenor Bank Asaan Account with only PKR 1 so that you can avail banking services easily
Asaan Account is targeted at common people and is open to all low income unbanked/under-banked masses who face difficulties in account opening due to normal account opening requirements or lesser means. These segments of society may include but are not limited to skilled/unskilled work force, farmers, less educated/uneducated people, laborers/daily wagers, women/housewives, self-employed individuals, pensioners, young adult population etc.
Benefits and Features:
- Minimum documents required
- No minimum balance required
- Flexibility of opening current or savings account
- Free ATM Card and SMS Alerts
- No service charges for opening or closing account
- Facility to open Minor account (below 18 years of age)
Terms & Conditions
Telenor Bank Asaan Accounts are meant for resident individuals having Pakistani Nationality only. One CNIC holder is entitled to one Asaan Account (either as single or jointly operated). A Regular account holder cannot open Asaan account (in either single or joint account category).Transaction Limits/ Turnover:
- Total Debit per Month: PKR 500,000
- Total Credit Balance Limit: PKR 500,000
Restriction on cross border (outward) transactions except for card based-accounts subject to above specified Transaction limits/ Turnover.
*Profit on Telenor Bank Asaan Saving Account will be calculated on monthly average balance as per the minimum rate prescribed by the State Bank of Pakistan; profit is credited on monthly basis
**All Bank Charges are applicable as per the prevailing Schedule of Charges.