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DEPOSIT PRODUCTS
1.   Current  Account
  •            Current Acount Regular
2.   Micro Bachat Account (Saving Account)

Eligibility :
 
- Nationality:
Pakistani
- Residence & Work Address
Pakistan
- Minimum Age    
18 Years
- Having computerized Valid CNIC from Nadra.




 

Documents to be obtained / Required :

  1. Attested photocopy of National identity card or passport of the individual.
  2. In case of a salaried person, copy of his service card , or any other acceptable evidence of service including, but not limited to a certificate from the employer.
  3. in case of illiterate person a passport size photograph of a new account holder beside taking his right and left thumb impression on the specimen card.
Current Account (Regular) :
  1. A minimum amount of Rs.100 shall be kept in the account
  2. There is no restriction on the number and amount of deposits.
  3. For withdrawal of Rs. 25,000/- & above, prior notice of 2 days is preferred.
  4. For cash withdrawal over Rs. 50,000/- withholding tax at prevailing rate will be deducted.
Saving Account :
  1. There is no restriction on the number and amount of deposits.
  2. A minimum amount of Rs.100 shall be kept in the account
  3. For withdrawal of Rs. 25,000/- & above, prior notice of 2 days is preferred.
  4. For cash withdrawal over Rs. 50,000/- withholding tax at prevailing rate will be deducted.
Certificate of Deposit:
  1. A competitve interest rate is paid on CODs. The rate of interest may vary as per the amount and period.
  2. At the time of mautrity orginal COD shall be submited.
  3. The period of COD ranges between 03 month to 36 Months
  4. Pre-mature encashment shall be entertained for payment of profit for completed period and rate of return to be applied for the broken period.
  5. No profit to be paid if COD is enchased before completion of one month.
  6. In case of emergency, banks allow to encash COD prior to maturity date without any charges or deductions.
  7. in case of non-advice by the depositors, at maturity it will rollover automatically for the same tenrue.
  8. Rollover will be at the prevailing rate.
  9. Accrued profit if any will be credited to correlated customer’s account.
  10. Better rates may be offered on higher deposits.
                         
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Pak Oman Microfinance Bank Limited is a nationwide micro finance bank with a paid-up capital of Rs. 500 million. Sponsors are Govt.
DEPOSIT PRODUCTS
1.   Current  Account
  •            Current Acount Regular
2.   Micro Bachat Account (Saving Account)

Eligibility :
 
- Nationality:
Pakistani
- Residence & Work Address
Pakistan
- Minimum Age    
18 Years
- Having computerized Valid CNIC from Nadra.




 

Documents to be obtained / Required :

  1. Attested photocopy of National identity card or passport of the individual.
  2. In case of a salaried person, copy of his service card , or any other acceptable evidence of service including, but not limited to a certificate from the employer.
  3. in case of illiterate person a passport size photograph of a new account holder beside taking his right and left thumb impression on the specimen card.
Current Account (Regular) :
  1. A minimum amount of Rs.100 shall be kept in the account
  2. There is no restriction on the number and amount of deposits.
  3. For withdrawal of Rs. 25,000/- & above, prior notice of 2 days is preferred.
  4. For cash withdrawal over Rs. 50,000/- withholding tax at prevailing rate will be deducted.
Saving Account :
  1. There is no restriction on the number and amount of deposits.
  2. A minimum amount of Rs.100 shall be kept in the account
  3. For withdrawal of Rs. 25,000/- & above, prior notice of 2 days is preferred.
  4. For cash withdrawal over Rs. 50,000/- withholding tax at prevailing rate will be deducted.
Certificate of Deposit:
  1. A competitve interest rate is paid on CODs. The rate of interest may vary as per the amount and period.
  2. At the time of mautrity orginal COD shall be submited.
  3. The period of COD ranges between 03 month to 36 Months
  4. Pre-mature encashment shall be entertained for payment of profit for completed period and rate of return to be applied for the broken period.
  5. No profit to be paid if COD is enchased before completion of one month.
  6. In case of emergency, banks allow to encash COD prior to maturity date without any charges or deductions.
  7. in case of non-advice by the depositors, at maturity it will rollover automatically for the same tenrue.
  8. Rollover will be at the prevailing rate.
  9. Accrued profit if any will be credited to correlated customer’s account.
  10. Better rates may be offered on higher deposits.
                         
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