MUBEEN

RABIA

EMAN

AYESHA
IQRA

ASADULLAH

FAROOQ

BANO

M09BBA055
M09BBA009
M09BBA020
M09BBA07

HABIB BANK LIMITED

VS
NATIONAL BANK OF
PAKISTAN

HBL offers 4 types of saving accounts

HBL Value Account
8%

profit per annum*

Deposit

ranges from Rs. 10,000 to Rs.

1,000,000
Profit

credited every 3 months

Profit

calculated monthly

2 withdrawals free every month

Secure investment

HBL

Debit

facilities

Card

and

Cheque

book

Remittance Munafa plus Savings Account

Special

account

for

receiving

remittances
6.17%
Profit

profit per annum*

paid every month

Minimum

balance of Rs. 20,000

foreign

Daily Progressive Account

Unique
Profit
Up

transactional account for Institutions

calculated daily, paid every month

to 9.92% profit per annum*

Inter

Branch Transaction System (IBTS) facility

Funds transfer to any bank through HBL

Phone Banking

Minimum balance of Rs. 20,000**

HBL

6.09%

NBP
profit

per

Profit rate 5.00% p.a

Profit

annum

payment

half

yearly

Profit paid bi-annually

No debit card is provided

HBL Debit Card and

No phone banking facility

Inter

Branch

Transaction

System

(IBTS) facilities

is provided

WT

deducted

at

six

monthly profit payments

HBL

NBP

Funds transfer to any

bank

through

No

minimum

maximum

No minimum balance

limit

and
(Min

balance b/w the 6th and

required

Zakat deducted on 1st

of Ramzan

HBL

Phone Banking

last day)

Unlimited

ATM card

transactions

Rates issued six-monthly

HBL advantage account

Multiple
Loan

options for tenure

facility up to 9% of investment

Minimum

investment up to 25,000

Term

Profit per annum

1 year

9.00%

3 year

9.14%

5 year

8.98%

10 year

9.15%

Investment plus Deposit

Account

for Institutions

Multiple

options

for

tenure

and

payout
Profit

paid at maturity

Minimum

investment of Rs. 20 million

Withdrawal

at end of fixed term

profit

As far as NBPs term accounts are concerned

it provides Term certificates in lieu of term
accounts.
NBP offers excellent rates of profit on all its
short term investment accounts.

Whether you are looking to invest for 3

months or 1 year, NBP's rates of profit are
extremely attractive, along with the security
and service only NBP can provide.

HBL Freedom Account

On

a monthly balance of Rs. 25,000 or more,

avail a host of free services including:

Free
Free

Personal Accidental Insurance.

cash withdrawal & deposit transactions

through any HBL branch

Free

online funds transfer transactions

Free Bankers Cheques

Free HBL cheque deposit transactions at

any HBL branch

Free cheque books

Free duplicate account statements

Free debit card issuance (for individuals

and sole proprietors)

Free

ATM

network

transactions

through

HBL

Unique

transactional

account

for

Businessmen

Up to 5.35% profit per annum*

Profit calculated daily, paid every quarter

No minimum balance requirement

Nominal monthly maintenance charge of

Rs. 50

HBL

Debit

Card

and

Inter

Branch

Transaction System (IBTS) facilities

Up to 10 Bankers Cheques free (at

minimum balance of Rs. 500,000)

NBP

HBL

Can be opened with

Up to 2 withdrawal
and

transactions
every month

payment

frequently N/A

only Rs. 1,000

Profit

checking

account

deposit
free

Tenure

Amount no minimum
and maximum limit

HBL

No minimum
balance requirement

NBP

No profit

Zakat

and

withholding

tax

Unlimited
withdrawals through

deduction N/A

HBL Debit Card

Non-profit bearing

ATM card

HBL
Terms
apply.

NBP
and

conditions

These

are

expected rates and can

change.

All

profits

payable are subject to

Zakat and Government
Levies.

DR

&

CR

month

3rd

withdrawal

against

fee,

withdrawal
allowed

4th
not

HBL
Service charges
apply if minimum
balance falls below
this amount.

NBP

HBL offers Foreign Currency Accounts in

multiple currencies as savings and term
accounts.

FC-SB
Savings

Account offered in 3 currencies, USD (US

dollar), EUR (Euros) and GBP (UK pound)

Tiered

product, with rates depending on choice of

currency
To

earn profit, minimum balance should be 1000

USD, EUR or GBP

Interest

is payable on a quarterly basis

HYFFD (High Yield Foreign Currency

Fixed Deposit)
Available

in 1 month, 2 month, 3 month, 6

month and 12 Month in USD, EUR and GBP

Tiered

product, with rates depending on

choice of currency and term

Profit

paid on maturity only. No interim

interest is payable

These are indicative rates and are liable

to change. Contact your nearest branch
or call 111-111-425 for current rates.
Taxes

and

other

applicable laws

deductions

as

per

Foreign Currency Current Account

Foreign currency current account can be

opened with a minimum balance of $500.
This account is not entitled to any profit

Foreign Currency PLS Account

Foreign

currency PLS account requires

$100 for opening and this account is

eligible to share the profits and losses at
the rate that is prescribed by the Head
office from time to time.

Foreign Currency Fixed Deposit Account

In this type of account the deposits are
accepted for a period of minimum3months and
maximum up to 3 years. The profits are
credited to the accounts after every six months
on a rate that is ascertained by the Treasury
Division of the National Bank of Pakistan Head
Office Karachi

The profit is provided on daily product

basis, which means that profit is credited
based on the balance in the account and
the number of days it has remained in the
account

Profit payment half yearly

Tenure checking account

Rs.2.00 million (Avg Daily Bal) profit rate 5.00%

p.a.

Rs.10.0 million (Avg Daily Bal) profit rate special

WT deducted at six monthly profit payments

Z deducted on 1st of Ramzan

Rates issued six monthly

Profit payment half yearly

Tenure checking account

>Rs.20, 000/- < Rs. 1 million (Minimum

monthly balance), profit rate 8.50% p.a.

> Rs.1.001 million, profit rate 5.00% p.a.

WT deducted at six monthly profit payments

Zakat deducted on 1st of Ramzan

ATM card

2 withdrawals / month & no limit on

number of deposit transactions.

Rates issued six-monthly

HBL CURRENT ACCOUNT

Offers

the

Ideal for customers

flexibility

of

looking for security

operating

your

of their funds along

PKR,

with

account

you

NBP CURRENT
ACCOUNT

in

absolute

USD, EUR, GBP

convenience in its

Non-profit bearing

use, in the form of

Current accounts.

HBL CURRENT ACCOUNT

NBP CURRENT
ACCOUNT

Funds deposited
with the bank will be
utilized by the bank
at its sole discretion
in Shariah
acceptable avenues

HBL CURRENT ACCOUNT

NBP CURRENT
ACCOUNT

The

Customer

will

have the flexibility to

withdraw a part or the
whole

of

their

balances at any time

as

per

requirement.

their

HBL PLS ACCOUNT

NBP PLS ACCOUNT

PLS Saving Deposits
Open
your
Scheme will accept
account in PKR,
deposits on Mudaraba
USD, EUR, GBP
basis,
where
the
Profit paid on the
depositor
will
be
basis of Mudaraba
Rabb-ul-Mal and Bank
on biannual basis
will be Mudarib.

HBL PLS ACCOUNT

Profit
dependent

rate
on

currency

NBP PLS ACCOUNT

Minimum balance

The

Depositor

will

have the flexibility to

withdraw a part or
the whole of their

is dependent on

balances at any time

currency

as

per

requirement.

their

HBL PLS ACCOUNT

NBP PLS ACCOUNT

The

Bank

will

give

profit to the Depositors

on the basis of agreed
ratio of actual profits to
be announced by the
Bank
time.

from

time

to

HBL PLS ACCOUNT

NBP PLS ACCOUNT

In

the

event

of

financial loss, the PLS

depositors

will

bear

the loss in proportion

of their investment.

HBL basic banking account (BBA)

Open
No
2

your account with only PKR 1,000

minimum balance requirement

free

withdrawals

transactions every month

Non-profit

bearing

and

deposit

HBL Al-Samarat Account

Multiple

options

for

profit

payout

tenures on the basis of Mudaraba

Minimum

investment of PKR 25,000

Withdrawal

at the end of the fixed term

and

HBL Al-Mukhtar Account

Free

cash withdrawal & deposit transactions

through any HBL branch

Free

online funds transfer

Free

Banker's Cheques

Free

HBL cheque deposit transactions at any

HBL branch
Free

cheque books

Free duplicate account statements

Free HBL Debit Card (for individuals and

sole proprietors)

Free SMS alerts on transactions above

PKR 25,000 (for individuals and sole
proprietors)

upon

Phone Banking

activation

via

HBL

HBL Al-Irtafa Account

Facilitates

businesses and institutions of all

sizes
Minimum

balance

requirement

500,000
Multiple
Profit

options for profit payout

payout on monthly basis

of

PKR

By analyzing accounts of both the bank, we

concluded

that

HBL

is

providing

huge

varieties of accounts as compared to NBP.

But NBPs accounts are straight and simple to
understand but HBLs accounts are a little bit
confusing. :-(
As for as, atmosphere of both the banks are
concerned, HBL is better than NBP.