HBL Rates & Accounts
Part of PakFinHub's HBL coverage — see the full bank overview.
Looking for an HBL saving account? This page covers every HBL saving account and current account HBL offers, with rates pulled straight from HBL's own rate sheet. HBL runs one of the widest account lineups of any Pakistani bank — general savings and current accounts, salary-linked products, digital-only accounts, freelancer accounts, and a full Islamic parallel range. This page focuses on the accounts people actually search for and what HBL's own published rate sheets say about how profit is calculated on each.
HBL Saving Account Rates — PLS Savings
- Simple Rate
- 10.00%
- Effective Rate
- 10.25%
- Payout Frequency
- Semi-annual
- Effective Period
- Jul–Sep 2026
Confirmed directly from HBL's official "Indicative and Annualized Rates on Deposits" rate sheet, effective 01.07.2026–30.09.2026 (hbl.com/resources/rate-sheet). Profit is paid semi-annually, credited June 30 and December 31, calculated on the average balance during the month. HBL revises this sheet roughly every quarter — always check the current one before opening an account, since this figure goes stale after September 30, 2026.
Savings Accounts — Account-Wise Detail
| Account | Minimum Balance | Profit Rate (Effective) | Payout Frequency | Key Features |
|---|---|---|---|---|
| HBL PLS Savings Account | None | 10.25% | Semi-annual | Unlimited transactions, no transaction charge |
| HBL Money Club (under 18) | Rs 1 | 10.47%Highest Rate | Monthly | Profit calculated on monthly average balance; designed for minors |
| HBL Value Account | Rs 1 (avg monthly) | 10.38% | Quarterly | Profit calculated on monthly average balance |
| HBL Rutba (55+ only) | Rs 1 (avg monthly) | 10.47%Highest Rate | Monthly | Profit calculated on monthly average balance; for individuals 55 and above |
| HBL Nisa Savings (women) | Rs 0+ | 10.47% (flat across all balance tiers, Rs 0 to Rs 5M+) | Monthly | Profit calculated on daily closing balance |
| HBL Mahana Amdan | Rs 0+ | 10.47% (flat across all balance tiers, Rs 0 to Rs 5M+) | Monthly | Profit calculated on daily closing balance |
| Daily Munafa Account | None | 10.47% | Monthly | Profit calculated on daily closing balance |
| Daily Progressive Account | None | 10.47% | Monthly | Profit calculated on daily closing balance |
| HBL Mahana Amdan | Varies by product tier | Published in monthly rate sheet | Monthly | Built specifically for customers wanting regular monthly income payouts |
| HBL PensionerAccount | Varies | Published in rate sheet | Per product terms | Structured for retired individuals receiving pension disbursements |
| HBL Rutba | Varies | Published in rate sheet | Per product terms | For individuals aged 55 and above |
Simple/effective rates confirmed from HBL's official Indicative and Annualized Rates on Deposits sheet effective 01.05.2026–30.06.2026. Rates for Mahana Amdan, PensionerAccount, and Rutba are published in the same rate sheet series but weren't itemized in the excerpt reviewed — check the current sheet directly at hbl.com/resources/rate-sheet.
Current Accounts — Account-Wise Detail
| Account | Opening / Min. Balance | Eligibility | Key Features |
|---|---|---|---|
| HBL Basic Banking Account | Open with Rs 1,000; no ongoing minimum balance | Individuals with minimum transactional needs | Unlimited free ATM withdrawals at HBL's own ATMs; account closes if balance stays at zero for 6 continuous months; no profit paid |
| HBL Asaan Account | Open with Rs 100; no minimum balance thereafter | New-to-Bank (NTB) Pakistani residents, 18+, via CNIC/SNIC | Free PayPak debit card (1st year); outward/commercial remittance restricted, inward unrestricted; one account per CNIC; current account only, no profit paid |
| HBL Asaan Digital Account | No minimum balance; max credit balance Rs 1,000,000 | NTB individuals and minors, Pakistani residents | Digital opening with minimal documentation; max monthly debit limit Rs 1,000,000; free PayPak card 1st year |
| HBL Nisa Asaan Account | No maintenance charges; Rs 10,000 avg. monthly balance needed for free insurance from year 2 | NTB resident females, 18+ (joint accounts allowed) | Free accidental death, permanent disability, and breast cancer hospitalization insurance (1st year free, then balance-linked); current account, no profit paid |
| HBL Freelancer Account | Varies | Freelancers and IT/export-services earners | Built around freelance and export-remittance banking needs |
| HBL Freedom Account | Rs 25,000 average monthly balance | Self-employed individuals and businesses with multi-city presence | Cash withdrawal from any bank's ATM in Pakistan; waiver on cheque return charges; below-minimum-balance charge applies if average daily balance falls short |
| HBL Conventional Current Account | Varies | General resident/non-resident customers | Standard current account; no profit paid, per conventional current-account structure |
Confirmed directly from HBL's official Basic Banking Account, Asaan Account, Asaan Digital Account, and Nisa Asaan Account product pages (hbl.com/personal/accounts). Figures marked "Varies" weren't published with a specific number on the pages reviewed — confirm directly with HBL or a branch.
Term Deposits — Account-Wise Detail
| Account | Minimum Deposit | Tenors | Payout | Key Features |
|---|---|---|---|---|
| HBL Advantage | Rs 25,000 | 1, 2, 3, 5, 10 years | Current or savings account, per customer choice | Auto rollover and premature encashment options available |
| HBL AdvantagePlus | Rs 25,000 | 1, 2, 3, 5, 10 years | Monthly, credited to current account only | Same premature encashment terms as Advantage; profit payout frequency is the main difference between the two |
Confirmed directly from HBL's official HBL AdvantagePlus product page (hbl.com/personal/accounts/term-deposit-accounts). Premature encashment is subject to profit adjustment or penalty charges recovered from proceeds, and partial withdrawal is not allowed — full encashment only.
HBL Advantage — Effective Rate by Tenor
Most comparison sites just say "rates vary by tenor" without showing the actual numbers. Here's the real table, straight from HBL's own rate sheet: longer tenors don't always mean a higher effective rate, and payout frequency changes the number too, so it's worth checking the exact combination you're considering rather than assuming.
| Tenor | Payout Frequency | Effective Rate |
|---|---|---|
| 1 Month | Monthly | 9.28% |
| 3 Months | Quarterly | 9.15% |
| 6 Months | Six-Monthly | 9.40% |
| 1 Year | Monthly | 10.69% |
| Quarterly | 10.70% | |
| Six-Monthly | 10.78% | |
| At Maturity | 10.60% | |
| 2 Years | Monthly | 9.38% |
| Quarterly | 9.50% | |
| Six-Monthly | 9.62% | |
| At Maturity | 9.80% | |
| 3 Years | Monthly | 9.22% |
| Quarterly | 9.34% | |
| Six-Monthly | 9.46% | |
| At Maturity | 9.71% | |
| 5 Years | Monthly | 9.41% |
| Quarterly | 9.53% | |
| Six-Monthly | 9.66% | |
| At Maturity | 9.82% | |
| 10 Years | Monthly | 9.90% |
| Quarterly | 9.92% | |
| Six-Monthly | 9.95% | |
| At Maturity | 9.15% |
Confirmed directly from HBL's official "Indicative and Annualized Rates on Deposits" rate sheet, effective 01.07.2026–30.09.2026. The pattern you'll notice — 1-year rates are the highest across the board, and rates dip for 2–3 year terms before climbing again toward 10 years — reflects the market's current interest rate expectations, not a pricing error. HBL AdvantagePlus follows the same rate schedule but only pays out monthly, credited to a current account.
HBL Nisa Savings Account — Detail
| Feature | Detail |
|---|---|
| Eligibility | Resident females, 18+ |
| Free insurance (1st year) | Accidental death of self or spouse, permanent disability (accidental), and breast cancer hospitalization |
| Locker discount | 50% off safe deposit locker fees for the first year |
| Digital access | Full HBL Mobile and Internet Banking access |
Confirmed directly from HBL's official Nisa Savings Account product page (hbl.com/personal/accounts/hbl-nisa/hbl-nisa-savings-account).
Women, Islamic & Foreign Currency Accounts
HBL Nisa Plus (Current) & Nisa Savings
Broader women-focused account range beyond Nisa Asaan, covering both current and savings needs.
HBL Nisa Tawfir
The Islamic (Shariah-compliant) savings variant within the Nisa range.
HBL Foreign Currency Current & Savings Accounts
Standard FCY accounts for holding and transacting in foreign currency.
HBL Prime FCY Saving Account
A dedicated premium foreign-currency savings product.
HBL @Work USD Accounts
Corporate/salary-linked USD current and savings accounts, governed by their own published Key Fact Sheet and Schedule of Bank Charges.
Confirmed directly from HBL's official Accounts navigation (hbl.com/personal/accounts) and the @Work USD Accounts Key Fact Sheet.
Common Bank Charges (Selected)
| Charge | Amount |
|---|---|
| Excess debit transactions (beyond 2 free/month, non-ATM/digital) | Rs 58 per transaction, inclusive of FED/ST |
| Bank certificate (e.g. for visa, income tax) | Rs 470 flat per certificate |
| Service charges on accounts below Rs 40,000 average monthly balance | Rs 50 flat (inclusive of FED/ST), recovered monthly |
| Cheque book issuance | Rs 40 flat per leaf |
| IBFT (Inter Bank Funds Transfer) via branch | Free up to Rs 25,000/month cumulative; up to 0.1% or Rs 200 (whichever is lower) above that |
| Stop payment of cheque (Rupee A/c) | Rs 1,000 flat per instruction |
| Banker's cheque for educational institution fees | 0.50% of fee/dues or Rs 25 per instrument, whichever is less |
These are a small selection pulled directly from HBL's official Schedule of Bank Charges (Exclusive of FED/ST) effective July 01, 2026 to December 31, 2026 (hbl.com/assets/documents). The full SOBC runs to 33 pages covering every account type, card, and transaction category — download the current one at hbl.com/resources/schedule-of-bank-charges for the complete list, since HBL revises it every six months and charges vary by account/product. Note: several of the exemptions above (low-balance service charge, IBFT, cheque book, stop payment) do not apply to HBL Freedom, @Work, Nisa Plus, and several other account types maintaining the required balance — see HBL's full SOBC for the complete exemption list.
How to Check the Current Rate
HBL publishes a new "Indicative and Annualized Rates on Deposits" rate sheet roughly every quarter, and a separate monthly "Declaration of Profit Rates" for Islamic PLS-based products. Both are posted as downloadable PDFs at hbl.com/resources/rate-sheet — that's the only reliable source, since profit rates move with State Bank of Pakistan policy and change without much advance notice.
Confirmed directly from HBL's official Rate Sheet resource page.
Frequently Asked Questions
Which HBL savings account pays the highest profit rate?
Per HBL's official rate sheet effective Jul–Sep 2026, HBL Money Club, HBL Rutba, HBL Nisa Savings, HBL Mahana Amdan, and the Daily Munafa/Progressive accounts all carry the highest published effective rate at 10.47%, ahead of the standard PLS Savings Account at 10.25%.
Does HBL charge a monthly fee if my balance drops too low?
Yes — accounts other than regular PLS Savings and Conventional Current fall below Rs 40,000 average monthly balance are charged Rs 50 flat per month, inclusive of FED/ST.
How often does HBL update its profit rates?
Roughly every quarter, sometimes more often — HBL publishes a new "Indicative and Annualized Rates on Deposits" sheet on hbl.com/resources/rate-sheet each time. Always check that live page rather than relying on a rate quoted elsewhere.
Confirmed directly from HBL's official rate sheet and Schedule of Bank Charges.
Good For
- Savers who want a no-minimum-balance PLS account
- Students and minors (Money Club, under-18 accounts)
- Freelancers and export earners
- Anyone comparing term deposit tenures side by side
Official Sources
Every figure on this HBL saving account page traces back to one of these primary sources — check them directly for the current, live version of anything time-sensitive.
- HBL Official Website — product pages, rate sheets, and press releases
- State Bank of Pakistan — regulatory data and consumer protection guidance
- Pakistan Stock Exchange — HBL's live share data and corporate announcements
How to Verify the Latest Information
Rates, fees, eligibility rules, and contact details change — sometimes without much notice. Before acting on anything time-sensitive from this page, cross-check it directly against the official HBL source links above, or call HBL PhoneBanking at 111-111-425 to confirm. If something here doesn't match what HBL currently states, treat HBL's own page as the authority and let us know so we can correct it.
Page last verified: September 1, 2026. PakFinHub is an independent publisher, not affiliated with or operated by HBL.
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