Habib Metro Account Opening & Cards

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

The account lineup breaks into three buckets: current accounts (Asaan Current for light documentation, Basic Banking for the entry tier), savings accounts (Rozana Munafa if you want profit calculated daily, Privilege 55+ if you're a senior citizen), and fixed deposits — all available in conventional or Shariah-compliant SIRAT form. Walk into any branch, or open eligible products digitally through HABIBMETRO Insta without leaving your sofa.

Current Accounts

Savings Accounts

Fixed Deposits

On the term-deposit side you've got the Mahana Deposit (pays out monthly), Premium Deposit, Izafa Certificate, Pakistan Banao Certificates, a plain Fixed Deposit, Short Notice Term Deposit, and Bharpoor Munafa Term Deposit. Rates and minimum amounts shift with each product and get revised periodically, so pull the live numbers from a branch or HabibMetro's rates page before you lock money away for a fixed term.

Account and deposit product names confirmed from HabibMetro’s official FAQ and product-navigation pages, habibmetro.com.

Cheque Book Charges

Your first cheque book is free, no matter the account type. After that, it's per-leaf pricing — unless you're keeping an average monthly balance of PKR 1 million or more, in which case current, savings, and Basic Banking accounts get the charge waived.

Cheque book charges confirmed from HabibMetro’s official Schedule of Charges, 1 July–31 December 2026.

Debit Cards — Annual Fees

Debit cards come in several Visa tiers, plus UnionPay and PayPak alternatives, and most current or savings accounts issue a standard card by default. Activation, PIN setup, and blocking/unblocking all run through the Insta app — or the 24/7 helpline if you'd rather talk to a person.

*Platinum Debit Card requires a 3 million average balance over the last 3 months. Card fee schedule confirmed from HabibMetro’s official Schedule of Charges, 1 July–31 December 2026.

Looking for the bank’s high-net-worth tier instead? See our HabibMetro Priority Banking page for the VISA Infinite Metal Debit Card, the Priority Elite credit facility, and Bancassurance.

Minimum Balance & Service Charges

A handful of account tiers only waive their service charge if you clear a minimum monthly average balance — dip below it in any given month and the flat charge kicks in for that month. Straight from the bank's own Schedule of Charges:

*Does not apply to regular PLS Saving, Ladies Saving, all current accounts, Basic Banking, Asaan accounts, HABIBMETRO@Work, or Roshan Digital Account. Confirmed from HabibMetro’s official Schedule of Charges, 1 July–31 December 2026.

Documents Typically Required

Nothing unusual here for a Pakistani bank: a valid CNIC (NICOP or POC if you're overseas), proof of income or occupation for certain tiers, and an initial deposit depending on the product. The Asaan and Basic Banking accounts exist specifically to cut that documentation down for people who'd otherwise struggle to open one. Exact requirements shift a little by account type, so confirm with your branch before you show up expecting a five-minute process. Minors need a valid Form-B or Juvenile Card rather than a CNIC.

Zakat Exemption: The CZ-50 Form Requirement Most Guides Skip

If you're opening a profit-bearing account (savings, PLS, or similar) and want to claim Zakat exemption — typically because you're non-Muslim, or a Muslim who handles Zakat calculation independently — you'll need to submit a CZ-50 declaration form. The detail most account-opening guides leave out: this isn't just a form you fill and hand over. Per HabibMetro's own account opening guidelines, the CZ-50 must be executed on a minimum Rs. 50 stamp paper and duly attested by a Notary Public before submission. Turning up with an unnotarized, plain-paper version is a common reason this step gets rejected and has to be redone. For digital account opening, the notarized document still needs to be uploaded in scanned form along with your other paperwork.

Confirmed from HabibMetro's official Account Opening Guidelines document (habibmetro.com/information-center/guidelines-process-policies/account-opening-guidelines/).

Is Your Money Protected?

Yes, up to a point — and it's worth knowing the actual number rather than assuming. HabibMetro, like every scheduled bank in Pakistan, is a mandatory member institution of the Deposit Protection Corporation (DPC), a subsidiary of the State Bank of Pakistan. If a bank were ever declared failed by SBP, DPC compensates eligible depositors up to PKR 1,000,000 per depositor, per bank — raised from the original Rs. 500,000 limit. This isn't unique to HabibMetro; it's a sector-wide protection every scheduled bank in Pakistan carries. A separate Shariah-compliant version of the mechanism, the Deposit Protection Waqf, covers Islamic banking deposits including those held under SIRAT.

Confirmed from HabibMetro's official "Deposit Protection Mechanism" page, habibmetro.com/customer-charter/deposit-protection-mechanism, and the Deposit Protection Corporation, dpc.org.pk.

Checking for Unclaimed Deposits

Inherited an old account, or lost track of one from years back? HabibMetro publishes an official Unclaimed Deposits list, updated periodically, covering accounts that have gone dormant per SBP's regulatory framework for unclaimed bank balances. Worth a quick check if you suspect there's a forgotten account under your name or a family member's — the process to reclaim it runs through your nearest branch once you've confirmed a match.

Confirmed from HabibMetro's official "Unclaimed Deposits" page, habibmetro.com/information-center/unclaimed-deposits.

Common Questions

Official Sources & Last Verified

Every figure, product detail, and claim on this page traces back to HabibMetro's own official disclosures, re-checked at the time this page was last updated, August 2026. Bank terms, rates, and features do change; if you find something here that no longer matches habibmetro.com, that's worth telling us, and we'll correct it.

Primary sources: Schedule of Charges; official "Unclaimed Deposits" page; official "Deposit Protection Mechanism" page; habibmetro.com/information-center/unclaimed-deposits; habibmetro.com/customer-charter/deposit-protection-mechanism; habibmetro.com/information-center/guidelines-process-policies/account-opening-guidelines/. Last verified August 2026.

Good For

• Comparing HabibMetro’s current, saving, and fixed-deposit account types before visiting a branch
• Understanding the difference between Asaan and Basic Banking accounts
• Freelancers checking whether a dedicated account type exists
• Confirming what documents a HabibMetro branch will ask for

Similar Banks

More on HabibMetro

For independent verification, see State Bank of Pakistan, Pakistan Stock Exchange, Habib Bank AG Zurich.