Bank AL Habib Profit Rates & Savings Accounts

Bank AL Habib's 2026 profit rates vary across savings accounts, term deposits, and Islamic accounts, based on the bank's official rate sheet rather than estimates.

Part of PakFinHub's Bank AL Habib coverage — see the full bank overview.

Last Verified: Aug 23, 2026
Updated Monthly
Conventional & Islamic
20+ Account Types

Written & reviewed by Dildar Hussain — 10+ years in Pakistani banking, BS Banking & Finance (NUML University)

Bank AL Habib runs two parallel deposit tracks under one roof: conventional interest-bearing accounts through its main branch network, and Mudarabah-based profit-and-loss-sharing accounts through its 417-branch Islamic Banking Division (current count, up from 392 at FY2025 year-end). Under Mudarabah, the Bank (as Mudarib/manager) and depositors (as Rab-ul-Maal/capital providers) share the deposit pool's actual net income on a pre-set ratio — currently 50% to the Bank and 50% to depositors for the PKR pool, and 90% to the Bank / 10% to depositors for the USD pool — declared fresh at the start of each month. On the conventional side, rates are set with reference to SBP's policy rate and the Minimum Deposit Rate (MDR) framework. Either way, the exact rate can move up or down monthly.

Below is the bank's official rate schedule effective August 1, 2026, the full list of named savings deposit schemes it applies to, and every account type on offer — general savings, remittance-focused, freelancer, women-focused, senior citizen, student, and children's accounts, each with its own minimum-balance rules and perks.

Current Profit Rates — PKR Savings Deposits

Account	MAB up to Rs 10m	MAB above Rs 10m
AL Habib PLS Savings Account	10.00%	9.50%
AL Habib Woman Savings / Woman Digital Savings	10.00%	9.50%
AL Habib Senior Citizens' / Pensioner's / Armed Forces Pensioner's	10.00%	9.50%
AL Habib Asaan / Asaan Digital / Woman Asaan Savings	10.00%	9.50%
AL Habib Remit / Remit Digital Savings	10.00%	9.50%
AL Habib Freelancer / Freelancer Digital Savings	10.00%	9.50%
AL Habib Asaan Remittance Savings	10.00%	9.50%
AL Habib Digital / Roshan Digital Savings	10.00%	9.50%
AL Habib Monthly Saver / Enhanced Savings / Monthly Profit Plan	Up to 11.25%Best Rate	9.50%

Source: Bank AL Habib's official "Profit Rates on Deposits" schedule, effective August 1, 2026 (bankalhabib.com/files/documents/deposit-rate-sheet.pdf). Minimum Deposit Rate (MDR) tiering applies to individual natural persons based on Monthly Average Balance (MAB), per BPRD Circular Letter No. 15 dated July 6, 2026 — balances above Rs 10 million earn the lower rate shown. Higher-tier products such as Monthly Saver and Enhanced Savings carry premium rates up to 11.25% depending on balance slab; confirm the exact current-month figure for your specific balance tier directly against the bank's published rate sheet, since cell-level detail on some premium tiers is not fully disambiguated in the source document.

PKR Term Deposits & Certificates — Rate Range

Product	Tenure Range	Rate Range (p.a.)
AL Habib Mahana Munafa Account	1–5 Years	9.00% – 11.50%
AL Habib Salana Munafa Account	1–3 Years	9.50% – 10.75%
AL Habib Special Saver Certificate	3 Years (paid every 6 months)	9.50% – 10.75%
Special Notice Term Deposits (SNTD)	1 Month – 5 Years	9.00% – 10.75%
AL Habib Treasures Call Account (Remunerative)	7 / 30 Days	9.50% – 10.00%
AL Habib Zamanat Account	Rate fixed at booking	Per booking-date circular

Ranges reflect the full spread of rates published across tenure bands in the bank's official Aug 1, 2026 rate sheet; the exact rate for a specific tenure depends on when and for how long the deposit is booked, since term deposits earn the rate in effect on their booking date, not a rate that later moves with new circulars (Zamanat Account excepted from even that). For a specific tenure's exact current rate, check the bank's live deposit rate sheet PDF before booking.

Foreign Currency Deposit Rates

Account	USD	GBP	EUR
FCY Fixed Deposits (7 days – 12 months, all tenures)	1.50%	1.00%	1.00%
AL Habib Foreign Currency Saving Account	1.00%	1.00%	1.00%
AL Habib Digital Savings Account (FCY)	1.00%	1.00%	1.00%

AL Habib Foreign Currency Saver Account (tiered)	USD	GBP	EUR
Below $5,000	1.00%	0.50%	0.50%
$5,000 – $9,999.99	1.20%	0.70%	0.70%
$10,000 – $24,999.99	1.30%	0.80%	0.80%
$25,000 – $99,999.99	1.40%	0.90%	0.90%
$100,000 & above	1.50%	1.00%	1.00%

AL Habib Roshan Digital FCY Account (tiered)	USD	GBP	EUR	SAR	AED
Below $5,000	1.00%	0.50%	0.50%	0.01%	0.01%
$5,000 – $9,999.99	1.25%	0.75%	0.75%	0.03%	0.03%
$10,000 – $24,999.99	1.35%	0.85%	0.85%	0.05%	0.05%
$25,000 – $99,999.99	1.50%	0.90%	0.90%	0.07%	0.07%
$100,000 & above	3.00%	1.00%	1.00%	0.09%	0.09%

Source: Bank AL Habib's official Profit Rates on Deposits schedule, effective August 1, 2026. Profit on FCY saving accounts is calculated on monthly minimum balance (PKR accounts use monthly average balance); rates are simple annualized and subject to change.

Zakat & Withholding Tax on Profit — What Actually Gets Deducted

Deduction	How It Works
Withholding tax on profit (Section 151, Income Tax Ordinance 2001)	The bank deducts tax at source on the profit/return credited to PLS savings and term deposit accounts before it reaches you — filers pay a materially lower rate than non-filers, with the exact current-year rate and profit threshold set by FBR (rates have moved across recent Finance Acts, and sources currently disagree on the exact non-filer percentage). Confirm your specific applicable rate against FBR's own published withholding tax card for the current tax year, or ask the bank to confirm the rate applied to your account based on your Active Taxpayer List (ATL) status.
Zakat (Zakat & Ushr Ordinance, 1980)	2.5% is deducted once a year, on the 1st of Ramadan, from PKR savings/PLS-type accounts held by Sahib-e-Nisab Muslim account holders — calculated on the balance as of the Zakat valuation date. It does not apply to current accounts, term deposits deducted at maturity outside the valuation date, non-Muslim accountholders, or anyone who has filed a CZ-50 declaration (declaration of non-liability to Zakat) with their branch before the valuation date.

Deduction

How It Works

Withholding tax on profit (Section 151, Income Tax Ordinance 2001)

The bank deducts tax at source on the profit/return credited to PLS savings and term deposit accounts before it reaches you — filers pay a materially lower rate than non-filers, with the exact current-year rate and profit threshold set by FBR (rates have moved across recent Finance Acts, and sources currently disagree on the exact non-filer percentage). Confirm your specific applicable rate against FBR's own published withholding tax card for the current tax year, or ask the bank to confirm the rate applied to your account based on your Active Taxpayer List (ATL) status.

Zakat (Zakat & Ushr Ordinance, 1980)

2.5% is deducted once a year, on the 1st of Ramadan, from PKR savings/PLS-type accounts held by Sahib-e-Nisab Muslim account holders — calculated on the balance as of the Zakat valuation date. It does not apply to current accounts, term deposits deducted at maturity outside the valuation date, non-Muslim accountholders, or anyone who has filed a CZ-50 declaration (declaration of non-liability to Zakat) with their branch before the valuation date.

Withholding tax mechanism per Section 151 of Pakistan's Income Tax Ordinance, 2001 (administered by FBR); Zakat mechanism per the Zakat and Ushr Ordinance, 1980. Both apply across the Pakistani banking sector generally, including Bank AL Habib, rather than being a bank-specific policy. Neither figure is something Bank AL Habib itself sets — confirm your personal filer status and current-year rates with FBR, and file a CZ-50 with your branch before the Zakat valuation date if you're exempt and haven't already done so.

Which Deposit Product Actually Wins — FY2025 Book Value

Product Category	2025	2024	Share of Total
Savings Deposits (PLS-type accounts)	Rs 1,014.2bn	Rs 922.6bn	39%
Current Deposits (non-remunerative)	Rs 885.5bn	Rs 762.6bn	34%
Current Deposits (remunerative)	Rs 307.5bn	Rs 208.8bn	12%
Term Deposits	Rs 261.5bn	Rs 261.9bn	10%
Others	Rs 35.3bn	Rs 41.5bn	1%

If you're comparing this against another bank's product mix: savings-type accounts are clearly the largest single deposit category at Bank AL Habib by book value, ahead of current accounts and well ahead of fixed-term deposits — despite term deposits often carrying the headline-highest rates. That's a useful sanity check when a bank's marketing leans hard on its top advertised rate: the product most customers actually hold is the ordinary savings account, not the premium term certificate.

Sourced from Bank AL Habib's audited FY2025 financial statements, Note 17 "Deposits and Other Accounts" (customer deposits only, excluding a further Rs 95.1bn from financial institutions). Figures combine local and foreign currency deposits; percentages are rounded and calculated against the customer-deposit total of Rs 2,503.96bn.

How Mudarabah Profit-Sharing Actually Works

For Islamic Banking deposits, the Bank calculates the deposit pool's Net Income at each month-end — gross income less direct expenses, write-offs, and losses on investment sales — then splits it between the Bank (as Mudarib) and depositors (as Rab-ul-Maal) at a pre-announced profit-sharing ratio (PSR). Currently that's 50% Bank / 50% depositors for the main PKR pool, and 90% Bank / 10% depositors for the USD pool. Within the depositors' share, profit is further distributed by weightage across account categories/tiers, announced at the start of each month. The Bank may unilaterally reduce its own share to benefit depositors, but under Mudarabah rules, any pool loss is shared by depositors in proportion to their investment.

Sourced from Bank AL Habib's official Profit Sharing Mechanism page.

Account-by-Account: Minimum Balance & Key Perks

Account	Minimum Balance	Key Perks
AL Habib PLS Savings Account	No minimum balance requirement	PayPak Debit Card (default; Visa/UnionPay optional), free internet & mobile banking, free e-statements, SMS alerts, up to 90% financing against your deposit, free life insurance*
AL Habib Monthly Saver Account	No minimum or maximum balance	Monthly profit payout, free internet banking & e-statements, up to 90% financing against deposit, ATM/debit card
AL Habib Woman Savings Account	No minimum balance (conventional); PKR 25,000 MAB for full free-feature eligibility on the Islamic variant	For women 18+, monthly profit on monthly average balance, up to 90% financing against deposit, free life insurance*
AL Habib Woman Asaan Savings Account	Simplified one-page opening; capped at Rs 1,000,000 total monthly debits and Rs 1,000,000 total credit balance	PayPak default debit card, free life insurance (scaled: PKR 0.5m natural death/disability, PKR 1m accidental)*
AL Habib Senior Citizens' Account	No minimum/maximum balance stated	For individuals 60+ (joint accounts: at least one holder 60+), monthly profit, special benefits
AL Habib Armed Forces Pensioner's Account	Not publicly stated — confirm with branch	Timely, convenient pension crediting; PayPak default debit card; free life insurance for existing holders*
AL Habib Remit / Remit Digital Savings	PKR 5,000 MAB for free first cheque book + free PayPak card; PKR 25,000 MAB for free banker's cheques	Receive inbound remittances directly; proof-of-remittance document required to open; free life insurance available from PKR 5,000 MAB*
AL Habib Freelancer Savings & Freelancer Digital Savings	No minimum or maximum balance	Free first cheque book (10 leaves), free IBFT via Raast, free banker's cheques (up to 3/month), free online banking, retain up to USD 5,000/month (or 50% of export proceeds, whichever is lower) in an Exporter's Special FCY Account. Funds are non-repatriable — usable in Pakistan only.
AL Habib Asaan / Asaan Digital Savings	No minimum balance or initial deposit	Simplified, low-documentation opening; note: you cannot hold any other Bank AL Habib account while an Asaan Digital Account is open
AL Habib Young Savers Account	Tiered rate above/below Rs 500,000 balance	For minors under 18, opened by a parent/guardian, aimed at building early savings habits

Minimum-balance and feature details sourced directly from Bank AL Habib's official per-account PDFs and FAQ pages (bankalhabib.com/files/documents/, bankalhabib.com/accounts/saving, islamic.bankalhabib.com/accounts/saving), and the AL Habib Freelancer Account FAQ. *See "Free Life Insurance" below for exact eligibility terms. Foreign Currency Accounts (USD/GBP/EUR/SAR/AED) are covered separately in the Foreign Currency Deposit Rates tables above.

Free Life Insurance / Takaful — Exact Eligibility Terms

Term	Standard Savings Accounts	Woman Asaan Savings (scaled)
Waiting period	New accounts eligible 90 days after opening (some products, e.g. AL Habib Remit Account, state 30 days — confirm your specific account's wait period)	90 days after opening
Claims basis	Calculated on the account's 90-day average balance	Same — 90-day average balance
Natural death / permanent disability	Up to PKR 1,000,000	Up to PKR 500,000
Accidental death / permanent disability	Up to PKR 2,000,000 (double the natural-death cover)	Up to PKR 1,000,000
Age limit	18–60 years	18–60 years
Joint accounts	Only one account holder is covered	Only one account holder is covered

Sourced directly from Bank AL Habib's official Saving Accounts page and the AL Habib Woman Asaan Savings Account product PDF. On the Islamic Banking side, the equivalent is Takaful cover (same 90-day new-account eligibility, same 90-day average-balance claims basis) rather than conventional life insurance. Coverage is provided at no direct cost to the accountholder, subject to the bank's full policy terms — always confirm current terms before relying on this as your only life cover.

More Savings Products

AL Habib Digital & Roshan Digital Savings Account

Digital-first savings accounts, including the dedicated Roshan Digital Savings Account for overseas Pakistanis — see the RDA guide.

AL Habib Asaan Remittance Savings Account

Receive money from abroad directly into a savings account earning profit; simplified one-page account opening form, for individuals only (single/joint).

How to Open a Bank AL Habib Account

Method	How It Works
In-Branch Account Opening	Visit any branch with a valid CNIC/SNIC, photographs, and income/employment proof (where applicable) — staff complete the account opening form with you on the spot.
Digital Account Opening	Open an account fully online via the AL Habib Digital Account Opening portal, without a branch visit — available for Digital, Asaan Digital, Woman Digital, Remit Digital, and Freelancer Digital Savings variants. Individual Resident Pakistanis can use this portal; a self-declaration of income/profession plus CNIC/SNIC is mandatory.
AL Habib Roshan Digital Account	Dedicated online-only path for overseas Pakistanis — see the full Roshan Digital Account guide.
Minor / Student / Kids Accounts	Opened by a parent or guardian on behalf of a minor under the Young Savers Account, generally requiring the guardian's CNIC and the minor's B-Form/CNIC.

Your account number and branch code together form your IBAN — see the Helpline & Complaints page for the bank's SWIFT code and IBAN format. Sourced from Bank AL Habib's official AL Habib Digital Account page (bankalhabib.com/alhabib-digital-account) and Personal Banking pages.

Exchange Rate & Mutual Funds — Quick Answers

Where do I check the exchange rate?

Bank AL Habib doesn't publish a single public retail FX-rate page the way some banks do; live buy/sell rates are confirmed at your branch, through AL Habib Exchange Company (alhabibexchange.com), or via the AL Habib FX Gateway for business customers — see the Business Banking guide.

Does Bank AL Habib offer mutual funds?

Yes — through AL Habib Asset Management Limited, its wholly owned subsidiary, licensed by the SECP and approved by the State Bank of Pakistan. Roshan Digital Account holders can also invest in Roshan Mutual Funds digitally from anywhere in the world.

Islamic Savings Accounts

Account	Minimum Balance	Key Features
AL Habib Islamic Savings Account	PKR 25,000 monthly average balance (or FCY equivalent) for full free-feature eligibility	Shariah-compliant Mudarabah-based profit, declared monthly; free Takaful cover on savings accounts; first cheque book free (10 leaves) on qualifying products
AL Habib Islamic Income Plus Account	PKR 25,000 monthly average balance (or FCY equivalent) for full free-feature eligibility	Shariah-compliant monthly profit aimed at savers wanting steady monthly income without giving up long-term savings goals
AL Habib Islamic Freelancer Account	No stated minimum balance	Same freelancer-focused structure as the conventional Freelancer Account, available digitally or via branch, under the Islamic Banking Division

Sourced from Bank AL Habib's official Islamic Banking Saving and Current Accounts pages (islamic.bankalhabib.com/accounts/saving, islamic.bankalhabib.com/accounts/current).

Term Deposits & Certificates

AL Habib Mahana Munafa Account

Fixed-term deposit with monthly profit payout across 1–5 year tenures — rates step up with longer tenures.

AL Habib Salana Munafa Account

Annual-payout term deposit for savers who don't need interim liquidity.

AL Habib Special Saver Certificate

Fixed-term certificate with a structured profit schedule across multiple tenure bands.

AL Habib Zamanat Account

A term deposit scheme with rates fixed at the time of booking rather than moving with subsequent circulars.

AL Habib Treasures Call Account (Remunerative)

Short-notice call deposit (7/30-day variants) for customers who want profit on funds they may need on short notice.

Special Notice Term Deposits (SNTD)

Short-to-medium tenure deposits from 1 month to 5 years, with rates tiered by balance and tenure.

AL Habib Islamic Senior Citizen Term Deposit

1-year fixed-term Islamic deposit paying monthly profit — built for savers who don't want the temptation of touching principal.

Sourced from Bank AL Habib's official Deposit Rate Sheet (bankalhabib.com/files/documents/deposit-rate-sheet.pdf) and Islamic Banking Saving Accounts page.

Current Account Types

AL Habib CurrentPlus Account

"Built for Your Daily Needs" — free personalized cheque books*, free banker's cheques*, free PayPak debit card*, free e-statements, free AL Habib Mobile & Netbanking, and free online banking, provided a Monthly Average Balance of PKR 25,000 is maintained. *Terms and conditions apply.

AL Habib Tijarat Account (Current, Remunerative — Islamic)

Profit-bearing current account structured under Mudarabah, offered through the Islamic Banking Division.

AL Habib Apna Individual Account (Current, Remunerative — Islamic)

Individual-focused Mudarabah-based current account with monthly profit calculation on the deposit pool.

Sourced from Bank AL Habib's official product pages (bankalhabib.com and islamic.bankalhabib.com).

Locker Facility (Safe Deposit Boxes)

Bank AL Habib offers safe deposit locker services at select branches, in various sizes, for customers who want secure physical storage beyond what a bank account covers — documents, jewelry, and similar valuables. On the Islamic Banking side, lockers are offered on an Ujrah (rental) basis and covered under Takaful rather than conventional insurance.

Locker Size	Key Deposit	Annual Fee	Late Payment Fee
Small	Rs 65,000	Rs 7,500	Rs 700
Medium	Rs 80,000	Rs 9,500	Rs 900
Large	Rs 110,000	Rs 13,000	Rs 1,150

The key deposit is refundable and only charged if you don't already meet the bank's minimum balance requirement for locker eligibility; existing and new customers who don't meet that requirement pay the annual fee upfront at the start of the rental period. The late payment fee applies after a 30-day grace period from the due date. Locker-breaking or key-replacement costs are charged at actual cost.

Exact figures from Bank AL Habib's official "Schedule of Bank Charges," effective July 1 – December 31, 2026 (Inst. Cir. #093) — all three fee tiers rose from the January–June 2026 schedule (e.g. Small annual fee up from Rs 7,000 to Rs 7,500). Availability is branch-specific — confirm with your branch or the 24/7 helpline whether locker service and sizes are available at your location, since not every branch carries this facility.

Ready to explore Bank AL Habib Profit Rates & Savings Accounts?

Verify current rates, terms, and eligibility directly with Bank AL Habib before applying — this page is independent, sourced, and kept current, but the bank's own site is the final word on live terms.

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