Women's Banking

BOK Fempower Account

Part of PakFinHub's BOK coverage — see the full bank overview.

• Women-Only Eligibility
• Conventional & Islamic Versions

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

The BOK Fempower Account — branded "Apna Account Apna Ikhtiyar" — is Bank of Khyber's dedicated account for women, built around SBP's financial-inclusion push to bring more of Pakistan's under-banked female population into formal banking. It comes in two structurally different versions: a conventional Fempower Account and a Raast Fempower Account under BOK's Islamic banking arm. This page covers both, sourced directly from BOK's official product pages.

Fempower Account at a Glance

Eligibility

Individual females, valid CNIC

Initial Deposit

Rs 100

Account Modes

Current & Savings

Versions

Conventional & Raast Islamic

Confirmed from BOK's official Fempower Account page and Raast Fempower Account page (bok.com.pk). Last verified: August 2026.

Conventional vs. Raast Fempower Account

Both versions share the same core eligibility and Rs 100 initial deposit, but the underlying structure and the extra benefits differ. The conventional version is a straightforward interest-bearing account; the Raast version is built on Mudarabah (profit-and-loss sharing) and carries a distinct set of added-value benefits BOK doesn't offer on the conventional side.

Where a row says "not specified," that's not an oversight — BOK's own conventional Fempower page simply doesn't publish that detail the way the Raast version's page does. Ask a branch officer directly for the conventional account's full feature list if the Islamic version's structure doesn't suit you.

Source: BOK's official Fempower Account page (bok.com.pk/women-financial-services/fempower-account) and Raast Fempower Account page (bok.com.pk/islamic/.../raast-fempower-account). Last verified: August 2026.

Eligibility

Open to individual females with a valid CNIC. For a joint account, the primary account holder must be female — a male co-holder is permitted, but the account is structured around the female primary holder. Withholding tax and Zakat apply per prevailing Pakistani law, same as any other savings-linked account.

The Concessional Financing Rate, Explained

The 1% rate discount on the Raast Fempower Account applies specifically to BOK's own consumer financing products — car, home, and personal finance — and only at the point you actually apply for one of those facilities as a Fempower accountholder. It isn't an automatic discount on the account itself; you still need to separately qualify under BOK's standard consumer-financing criteria and SBP's prudential regulations. Confirm the current applicable rate and how the 1% discount is calculated with a BOK financing officer before assuming a specific number.

Frequently Asked Questions

If you're already planning to apply for a BOK car or home loan and you're eligible for a Fempower account, opening the Fempower account first is worth doing before the financing application — the concessional rate is tied to being a Fempower accountholder at the time you apply, not something added retroactively.

Good For

• Women opening their first formal bank account
• Comparing the conventional and Islamic Fempower structures
• Understanding the concessional financing rate before applying for a BOK loan
• Checking eligibility before a branch visit

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