View Single Post
  #272  
Old Monday, December 24, 2012
alirsahto alirsahto is offline
Senior Member
 
Join Date: Feb 2012
Posts: 135
Thanks: 1
Thanked 34 Times in 22 Posts
alirsahto is on a distinguished road
Default

You can not open any account with SBP even with 1 million Rupees :P

Question was what is SBP regulation for minimum balance for opening any current account and it is Rs 100.

I posted a link while ago and mods deleted it so will not repost but it is confirmed.

NBP has 100 Rs Current Account, I am working for Advans MFB and we have 100 Rs current account. All banks have min REQUIRED balance of 100. Its just that client officers encourage you to deposit more therefore ask for more, and some banks have certain fees like cheque book fees etc and to cover that they ask you for more but MINIMUM REQUIRED is 100 for current accounts
Reply With Quote
The Following 2 Users Say Thank You to alirsahto For This Useful Post:
Huma Bukhari (Tuesday, December 25, 2012), SchoolBoy (Thursday, December 11, 2014)