It is a current account for all individual and sole proprietor customers who have relationship balance of PKR 3 million or Clients with monthly salary of PKR 500K or more. These accounts will be allowed to grow in 12 month period to reach minimum threshold of PKR 3million as relationship balance.

• Account will be opened in PKR Currency only
• No Initial Deposit requirement to open KHAAS Current Account
• PKR 50 will be deducted if monthly average balance falls below PKR 10,000
• Free Cheque book
• Free Universal cheques
• Free KHAAS Platinum Card (Annual Fee Waiver only if customer is marked as “Priority”)
• Free Platinum KHAAS Supplementary Card--- Free KHAAS Supplementary Card (only if Primary Card is kHAAS Platinum)
• 50% waiver on Locker Fees (Any Size)
• Free SMS alerts
• Free Mobile Banking
• Free IBFT (ATM & Mobile Banking)
• For KHAAS Current account, a shadow(reward) account will also open in Flexcube by CPU simultaneously.
• The shadow(reward) account is not a regular account .Account opening formalities will not be required for this shadow(reward) account.
• Shadow(reward) account will only be utilized by customer to earn rewards in the form of profit on deposit balance available in Shadow(reward) account.
• Funds can only be transferred between KHAAS Current account and shadow(reward) account through Mobile App.
• Profit will be calculated @3% per annum on monthly average balance of the shadow(reward) account and will be disbursed in Shadow account on a monthly basis.
• Withholding tax will apply on the rewards(profit) earned on the shadow(reward) account balance.
• Zakat will also be applicable on the shadow(reward) account and will be deducted from Shadow account.
• Enhancement in KHAAS Platinum Debit Card limit i.e:
1.      Cash Withdrawal: PKR 200,000
2.      POS/E-Commerce: PKR 1,000,000
3.      Fund Transfer/ IBFT: PKR 1,000,000

• Click Here to View / download KFS