Allied Bank introduces an exclusive current account Allied Bharosa Account – ABL Business Customers for small and medium enterprises/businesses, offering a distinctive feature. Be rewarded with Allied Bharosa Account in the shape of monthly “cash back“. We trust your business is a means to economic prosperity.
Benefits of Allied Bharosa Account 2021
- FREE First cheque book of 10 leaves
- 50% discount on first year’s annual fee
- e-Statements as per SOC
- Internet / Mobile Banking as per SOC
- Other Bank Services as per SOC
- Cash back on transactions where Withholding Tax is deducted, as per law
- Transactions Eligible for Cash Back
- Cash Withdrawal through counter (within city)
- Cash Withdrawal through own ATM
- Cash Withdrawal through another bank ATM
- Biometric OTC Cash Withdrawal Intercity
- Clearing Transactions
- Online Withdrawal – within ABL through branch counter
- Online Transfer – within ABL through branch counter
- Online Transfer – within ABL through ATM
- Online Transfer – within ABL through myABL
- Pay Anyone through branch counter
- Pay Anyone through myABL
- PO / DD Issuance from account
- All types of Cash Withdrawals, Debit Account Transfers (counter or digital) and Instrument issuance.
- Cash Back Basis is Equivalent to Withholding Tax deducted or profit (net-off tax) as per minimum prevailing PLS Rate for the period; whichever is lower would be the basis of Cashback.
- (Monthly) Cash back shall be reimbursed to customer’s account during next month, via an automated process.
- No cash back for preceding month, if account is closed before 07 working days of next month.
- Cash Back Reimbursement is credit directly in account on monthly basis.
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