UBL Asaan Account

UBL Asaan Account is a new and convenient service through which any individual can open an account. Simply fill out a brief form and pay initial deposit as low as Rs. 100. UBL resolves to give maximum ease and convenience to every Pakistani.

Special Features

Flexibility of Opening Current or Savings Account
No minimum balance required
No Fee for Debit Card Issuance.
No Service Charges for account opening or closing
Any of the following documents may be used as a proof of Identity for opening of Asaan Account
- Computerized/ Smart National Identity Card (CNIC/ SNIC)
- Pakistan Origin Card (POC)

Rules of the Account

UBL Asaan Accounts are meant for resident individuals having Pakistani Nationality only
One CNIC holder is entitled to One UBL Asaan Account (either as single or jointly operated)
An existing UBL Accountholder cannot open a UBL Asaan account (in either single or joint account category).

Transaction Limits/ Turnover

Total Debit per Month: Rs 1,000,000/-
Total Credit Balance Limit: Rs 1,000,000/-

Exceptions for Transaction Limits/ Turnover

Inward Remittances
Credit of Profit Return on UBL Asaan Saving Account
Bank Charges, government taxes or levies from competent authority

Restriction on cross border (outward) transactions except for Card based-accounts subject to above specified Transaction limits/ Turnover.

Profit on UBL Asaan Saving Account will be disbursed at minimum savings rate; profit is credited on half-yearly basis and is calculated on monthly average balance.

For women, UBL offers the below benefits on your Asaan Current account

Exclusive debit card with special alliances
Free locker for the first year
50% FEL for mutual funds investments*

*T&Cs apply- previous month’s average balance should be PKR 100,000 and above.