Deposit Accounts

Bank of Punjab Account Opening — Complete Guide

Account types, required documents, and minimum balance rules for every BOP current, savings, and term deposit account.

• CNIC Required
• Online + Branch
• Asaan Accounts Available
• Verified Sep 1, 2026

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

Bank of Punjab account opening starts with picking the right account type — BOP offers current, savings, term deposit, Asaan, and specialised accounts such as BOP Khaas, each with different minimum balance, profit payout, and eligibility rules. What's below is confirmed directly from BOP's official disclosures. (This is Pakistan's Bank of Punjab — not Punjab National Bank, India's unrelated public-sector lender, whose account types, eligibility rules, and CNIC requirements differ entirely.)

Every Bank of Punjab account opening requires a valid CNIC (or NICOP for overseas Pakistanis), an initial deposit where applicable, and biometric verification, following the same SBP account-opening framework used across all Pakistani banks. Most account types can be initiated online at bop.com.pk and finalised at a nearby branch.

Bank of Punjab Account Types

Account categories confirmed from BOP's official Retail Finance and SME product pages.

Documents Required

How to Open an Account

Visit any Bank of Punjab branch with your CNIC, or begin the process online through bop.com.pk's account opening section. Online applications typically still require a one-time biometric verification step at a branch or via BOP's video KYC process before the account becomes fully operational. Once opened, you'll receive your BOP IBAN, debit card, and access credentials for the digiBOP mobile app. This works identically whether you're opening at a branch in Lahore, Karachi, Islamabad, or a smaller city like Multan or Gujranwala — the documentation and biometric steps don't vary by location, though branch queue times often do.

Choosing Between Account Types

Most first-time BOP customers default to a standard savings account, but it's worth checking whether an Asaan account fits better if you don't need a high minimum balance or extensive documentation, or whether a BOP Khaas account is more appropriate if you're opening the account for a small business rather than personal use. Getting the account type right at opening avoids the hassle of converting account types later, which can require additional documentation and, in some cases, a fresh biometric verification at the branch.

Account Fees (SOBC, Effective 01 Jul – 31 Dec 2026)

The Rs 50/month account maintenance charge does not apply to Asaan accounts, Asaan Digital accounts, Asaan Remittance accounts, BOP@Work accounts, regular current accounts, BBA, FDA, RDA lower-segment accounts, salary/pension accounts, or dormant accounts — so most first-time, low-balance customers are exempt by default.

Figures sourced from BOP's official Schedule of Bank Charges (SOBC), effective 01 July 2026 to 31 December 2026, published on bop.com.pk.

Frequently Asked Questions

Good For

• Comparing BOP's current, savings, and Asaan account options
• Knowing what documents to bring before visiting a branch
• Understanding BOP's online-to-branch account opening flow
• Checking minimum balance and profit-payout rules before you commit

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For independent verification, see State Bank of Pakistan, Pakistan Stock Exchange, Bank of Punjab Official Website.