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NBP Itmenan Accounts – A Senior Citizen Account Proposition

Target Market:

  • Senior citizens having age 60 years and above as per DOB mentioned in CNIC

Type:

  • Checking Account (Current) & Fixed Deposit Account (Term Deposit)

Purpose:

  • Fixed deposit product to cater to customers who wish to enjoy attractive rates on monthly basis with flexibility of investment in 1,3,5 and 10 years.
  • Current Account with a bundle of value added features including life insurance and debit card fee.

Eligibility:

  • Individuals qualifying as per above defined target audience in single capacity.
  • In case of joint account, primary account holder should qualify as per above defined target market in single capacity.

NBP Itmenan Term Deposit Account

Salient Features

  • Profit of term deposit account will be credited monthly in linked funding account.
  • Upfront pre-approved RF facility @ 10% of TD amount and max Rs. 1 Million, whichever is lower, which could be extended up to 70% (max age of 75 years) – No documentation and processing charges

NBP Itmenan Current Account

Salient Features

  • 1st cheque book free (25 leaves)
  • Debit card discounts on healthcare, labs and clinics etc.
  • Debit Card Fee Waiver
  • 24/7 accessibility (through mobile app, debit card)
  • Free online transactions via mobile app
  • No restriction on debit and credit transactions
  • Life Insurance on PayPak card up to Rs 100,000 (max. age of 65 years)

 

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