KARACHI (Web Desk) – State Bank of Pakistan has issued guidelines for simple accounts which was named Simple Account. This account would be open by 100 rupees deposit.
State Bank is committed to provide financial services to all sector of economy. To provide ease to account holders Central Bank has introduced a new account by the name of Simple Account. This account would be open initially by minimum 100 rupees deposit and there is no condition of minimum balance in this account, Breakingnewspak cited.
Simple Account would individually consist on one and simple page form and can be open in Pakistani Rupee. This account would based on card and cheque book option would also be available. While SMS, Internet, Mobile Banking and other ADC’s would be optional.
