Hamara Family Saving Account

Fostering the bond that exists with its customers, and to better serve their financial needs, Bank Makramah Limited (BML) has come up with ‘Hamara Family Savings Account’ – a unique savings account offering superior returns and a host of free services.

As a trendsetter, BML brings a solution to assure parents of their commitment to their children. With more values, more expertise and more solutions, BML innovates a savings account that serves the entire family. Get your entire family to bank with us, and enjoy vast privileges and unique benefits.

Here’s how it works

Grouped accounts for the family
Initial Investment Requirement – Rs. 5,000/-
Minimum Balance Requirement – Rs. 5,000/-
Attractive rates
Profit calculation on monthly average balance basis and disbursement on monthly basis.
Additional semi-annually bonus*
Up to five debit cards (Charges as per SOC)
Minors can make purchases and withdraw cash at ATMs via the Debit Card

Here’s what you get

SMS alerts
Mobile Balance Recharge
Debit Cards
Internet Banking
Free Outward Clearing return Cheques (Charges as per SOC if returned due to insufficient funds)
ATM Cash Withdrawal Protection Insurance on maintenance of 6 monthly average balance of PKR 50,000 and above
Free Personal Accidental coverage on maintenance of 6 monthly average balance of PKR 50,000 and above
Free Utility Bill Payment via ATM, Mobile App, Internet Banking and Bank Branches
Intra-Bank Fund Transfer
Lockers

Eligibility

The customer ID of the primary account holder will be the family ID. The Primary account holder CANNOT be a minor. Minimum 2 and maximum 5 members can be grouped under a single Family Savings Account.

*(Additional 1% (or as per applicable rack rate sheet) will be given if average 6 monthly balance is maintained at Rs. 100,000/- collectively on all family account).