Opening a bank account is the most basic need of every person. Why do we need to open a bank account and what are the requirements to open bank account in Pakistan? – Stay with us and get your answers now.
People want to open accounts in different banks due to their lot of purposes. Some people think that keeping money in the house is not safe, especially in Pakistan. Similarly, some of them have huge businesses and they have to do a lot of transactions in their daily routine. So, therefore, people need to open accounts in Pakistan’s different banks.
Most people want to open a bank account in any bank but they don’t know the process of what to do. Due to busy routines, most people want to know the requirements before opening an account so that they don’t have to go back to fulfill the requirements. Here we are going to describe to you the bank account requirements.
The Requirements to Open Bank Account in Pakistan:
These requirements depend upon your bank account and which account you want to open in the bank. With that’s all let’s dive in to find out the requirements.
Required documents:
- Your CNIC photocopy
- Source of income/ guardian name
- Utility bill/copy to confirm your address
Documents Required for Individual account:
- Salaried person
- Attested copy of Service card/salary slip
- A certificate from the employer
- Students
- Student card in which you are studying
- Source of income/ guardian name
- Retired person
- Proof of retirement
- Landlord (agriculture property)
- Attested copy of Passbook of Landholding records
- Landlord (Non-agriculture property)
- Attested copy of rent agreement of building/ house/ office etc
- Illiterate persons: (add more documents in above mention documents)
- A passport size photo of the illiterate person
- CNIC copy/SNIC of the witness
Note: bring your original CNIC and other documents while visiting the bank branch to open an account
Here you have all of it guys. I hope that information about what are the requirements to open a bank account in Pakistan will be quite helpful for you. if you have any queries about this content, feel free to ask in the comment box. We are here for you.