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 :-

1- Computerized/ Smart National Identity Card (CNIC/ SNIC)

2- 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)
  • A Regular UBL Accountholder cannot open a UBL Asaan account (in either single or joint account category).
  • Transaction Limits/ Turnover:-

1 - Total Debit per Month: Rs. 500,000/-

2 - Total Credit Balance Limit: Rs. 500,000/-

  • Exceptions for Transaction Limits/ turnover:-

1- Inward Remittances

2- Credit of Profit Return on UBL Asaan Saving Account

3- 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.