PRODUCT STRUCTURE
PayPak Pink EMV Debit Card is structured for Islamic Banking customers on the basis of Ijarah (service Ijarah). The bank will be lessor (service provider) and customer will be lessee (beneficiary).
SHARIAH RESTRICTION
NBP Debit Cards shall not be used as payment for Shariah prohibited merchants/products. Following is the list of whole merchants/products which will be updated on bank’s website from time to time:
A5715 |
Wholesaler - alcohol |
A5733 |
Music shops – musical instruments, pianos, and sheet music |
| A7273 |
Dating and Escort Services |
EMI DEBIT CARD FACILITIES
Following transaction facilities will be offered on PayPak Pink Debit Cards:
• Cash Withdrawal
• Balance Enquiry
• Mini Statement (Only at NBP ATMs)
• Funds Transfer Facility (to other NBP A/cs)
• Inter Bank Funds Transfer (IBFT to Other Banks)
Point of Sale - POS (Currently Local Purchase Allowed)
DAILY TRANSACTIONS LIMITS
NTransaction Type |
PayPak Pink EMV Debit Card |
Cash Withdrawal |
50,000/- |
Point of Sale (POS – Chip & PIN) |
50,000/- |
| Pay to Any Account within NBP (Funds Transfer) through ATM |
500,000/-- |
| Pay to Any Other Bank (IBFT: Inter Bank Funds Transfer) through ATM |
200,000/- |
| Pay to Any Other Bank (IBFT: Inter Bank Funds Transfer) through Mobile App |
500,000/- |
| Pay to Any Other Bank (IBFT: Inter Bank Funds Transfer) through Mobile App |
200,000/- |
All Time Free Benefits:
• SMS Alerts
• NBP Fund Transfer (NBP to NBP)
• Cheque Book
• Statement of Account
• 50% Waiver on Locker rent-small (Subject to availability)
• Debit Card Primary (Annual Fee and Replacement)
• Debit Card Supplementary (Annual Fee and Replacement)
• NBP Digital Registration – Mobile App / Internet Banking
More exclusive Discounts:
(Subject to approval in favor of regular Auto / Housing Finance / Advance Salary)
• 50% waiver of processing fees.
• 50% waiver charges of early settlement / termination.
• Exclusive rates for Auto, Housing Finance and Advance Salary.
• 1% Discount on Rack Rate for Advance Salary.
• Discount offer on 9,000+ Merchants Nationwide
• Takaful Benefits
|
