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Basic Account
Soneri Bank Limited introduces Basic Banking Account Scheme with effect
from July 01, 2006. Salient feature of the Scheme are: -
- Basic Banking Accounts may be opened in the Pak Rupees by individuals
including minors under guardianship.
- The accounts may be opened by initial deposit of any amount.
- No minimum balance requirement is applicable.
- Basic Banking Account is non-profit bearing account.
- 4 withdrawals from a Basic Banking Account through cheques in one
calander month are free of service charges. Additional withdrawals through
cheques in a calander of month shall be subject to service charge @
Rs. 25/- per additional cheque.
- Soneri Banking Cards for the use of Bank's Electronic Banking Service
are issued without charges for one time issuance of the cards.
- unrestricted number of withdrawals from the account through ATMs are
permissible subject to applicable per day withdrawal limit for amounts
in force.
- Cash withdrawals from Soneri Bank's ATMs are free of Service Charge.
Use of another bank's ATMs shall be subject to Service Charges applicable.
- Basic Banking Account holders may also use Soneri Bank's other Electronic
Banking Services subject to completion of applicable formalities which
shall be subject to applicable Service Charges.
- Account have -NIL- balances for six consecutive months shall be closed
without prior intimation.
- Statement of Accounts are provided once a calander year at the year
end.
- Individuals who already maintain PLS Saving Accounts/ Current Accounts
with Soneri Bank's branches may convert their accounts into Basic Banking
Account. Please contact any Soneri Bank branch for further details.
- Govt. Withholding Tax apply on all cash withdrawals
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