BankIslami Priority Banking
What it takes to qualify for BankIslami's relationship-banking tier, and every fee it waives.
- Rs.3M Quarterly Average
- Dedicated Relationship Manager
BankIslami Priority Banking is the bank's relationship tier for higher-balance customers, offered at the bank's discretion to individual, joint, and sole-proprietor account holders who meet a quarterly average balance requirement.
Eligibility
- Balance Requirement
- Rs. 3M quarterly average
- Eligible Customers
- Individual, Joint, Sole Proprietor
- Eligible Products
- All checking accounts & TDRs, PKR/FCY
Eligibility criteria confirmed from BankIslami's official Schedule of Bank Charges, 1st July to 31st December 2026. BankIslami notes services may be discontinued if the required balance isn't maintained, reverting the customer to standard charges.
What Priority Banking Waives
| Service | Priority Charge |
|---|---|
| Debit card issuance & annual fee (any tier) | Free |
| Debit card replacement | Free |
| SMS alerts | Free |
| Internet banking & mobile app | Free |
| E-statement | Free |
| Pay Order / Demand Draft issuance & cancellation | Free |
| Balance certificate & duplicate statement | Free |
| Inter-bank funds transfers | Free |
| Special (same-day) clearing | Free |
| Cheque book issuance, return & stop payment | Free |
| Standing order instructions | Free |
| Locker charges | Free, subject to availability (key deposit still applies) |
| Islamic AutoFinance application fee | Free |
| MUSKUN Home Financing processing charges | Free |
Waiver list confirmed from BankIslami's official Schedule of Bank Charges, 1st July to 31st December 2026. All other charges follow the bank's standard schedule.
How It Works
A Priority Banking customer's Branch Manager acts as a dedicated relationship manager. Discounts and waivers are granted at BankIslami's management discretion, subject to prior Shariah Board approval, and can be withdrawn if the balance requirement isn't maintained, at which point standard charges resume. A customer can request discontinuation in writing at their branch to exit voluntarily.
Frequently Asked Questions
What is the eligibility criteria for BankIslami Priority Banking?
Individual, joint, or sole proprietor customers holding checking accounts or term deposit certificates in PKR or FCY qualify by maintaining a quarterly average combined relationship balance of Rs. 3 million or more (or the FCY equivalent).
What fees does BankIslami Priority Banking waive?
Priority customers get free debit card issuance and annual fees at any tier, free SMS alerts, free internet/mobile banking, free e-statements, free demand draft/pay order issuance, free locker charges (subject to availability), and waived AutoFinance and MUSKUN processing fees, among others.
Can Priority Banking status be withdrawn?
Yes. Discounts and waivers are granted at BankIslami's management discretion and can be withdrawn if the required quarterly average balance isn't maintained, reverting the customer to standard charges.
Good For
- Working out whether your balances clear BankIslami's Priority threshold
- Comparing the waiver list against other banks' priority/premier tiers
- Understanding that AutoFinance and MUSKUN processing fees are waived, not the profit rate itself
- Knowing what happens if your balance drops below the threshold
More on BankIslami
Bank Overview
History, leadership, ownership, and key facts.
Account Opening & Rates
Deposit accounts, profit rates, and Gen Z Account.
Cards, Fees & Discounts
Debit card tiers and transaction charges.
AutoFinance & Bike Finance
Vehicle financing fees and structure.
MUSKUN Home Financing
Application fees and early-payoff terms.
Personal, Gold & Solar Finance
Consumer financing fees by product.
Related Banks
For independent verification, see State Bank of Pakistan, Pakistan Stock Exchange, SECP.