Complete Protection of Funds

Muhafiz Savings Account provides end-to-end services of transactions and savings facilities to all serving and retired government officials with the most convenient investment process. Muhafiz account holders can easily earn high profits on savings with no minimum balance requirement while also keeping their funds completely accessible at any time.

Product Features for Salaried

• 7% p.a. profit on all monthly average balances 
• No minimum or monthly average balance requirement 
• Deposit can conveniently be made through OTC, ATM, Internet banking or Mobile banking
• Unlimited transactions can be made 
• No account opening charges 
• Target audience includes serving government officials residing in both urban and rural areas 
• Account to be marked dormant after 12 months of inactivity

Product Features for Pensioner

• 7% p.a. profit on all monthly average balances
•  No minimum or monthly average balance requirement
• Deposit can conveniently be made through OTC, ATM, Internet banking or Mobile banking
• Unlimited transactions can be made
• No account opening charges
• Target audience includes retired government officials residing in both urban and rural areas
• Account to be marked dormant after 6 months of inactivity

Special conditions for Pensioner

• Pensioners will be required to undergo biometric verification at branch semi-annually each year. In case of non-availability of customer due to adverse health, provision of “LIFE certificate” will be mandatory on the same schedule.
• In case of family pension, the pension nominee (widow/widower, unmarried daughter, sister) is required to present “Non-marriage certificate” each year.