Faysal Moavin is a Savings account made for genuine individual savers like you. Faysal Moavin offers the perfect combination of savings account matched with the flexibility of a current account.
Features:
- Account can be opened with an initial deposit of Rs. 20,000/
- No restriction on the number of transactions.
- Profit is calculated on daily balance basis.
- Profit is paid on monthly basis.
- Tiered profit structure providing an incentive to save more.
- Access to account through on-line banking at all Faysal Bank branches across the country.
- Easy access through cheque book and Pocketmate Visa Debit card. Pocketmate can be used at more than a million ATMs and 29 million point of sale (POS) terminals around the world.
| Saving Scheme Details |
| Scheme Type: | Non-Islamic |
| Type: | Account |
| Minimum Deposit: | 20000 |
| ATM/Debit Card: | Yes |
| Zakat Deduction: | 2.5% on first Ramadan |
| Min.Amount (Rs.) | Max.Amount (Rs.) | Profit Freq. (Months) | Rate (%) |
| 1500001 | 5000000 | Every Month | 7.5% p.a. |
| 1000001 | 1500000 | Every Month | 6.75% p.a. |
| 500001 | 100000 | Every Month | 5.5% p.a. |
| 1 | 50000 | Every Month | 5% p.a. |
| 1 | 5000001 | Every Month | 5% p.a. |
