Dedicated platform for invaluable knowledge of the financial landscape of Pakistan:
There are numerous financial choices open to everyone in Pakistan! Regardless of where you live or what kind of banking you like, there is a solution for you thanks to the approximately 32 banks providing Islamic and conventional banking services through a vast network of about 16,603 branches, five more licensed digital banks, and multiple digital financial service providers.
Have you lost, your bank card? Correct info can save the day.
Get your money as required with earned wages in Pakistan.
Confused about opening a bank account?
You need two necessary documents.
- Source of Income (yours or your guardian’s)
- Identification Card
With these, you can request that a bank of your choice open an account for you by visiting a website or branch so that you can take advantage of the bank’s services.
Wait!
Digital financial services have made it easy for you. Now, you can download the app of any of the players enlisted and open your account hassle-free via the app.
Verticals of banking
Conventional Banking
Operates under the principles of traditional finance, with interest as the primary driver.
Institutions offer various services, such as current accounts, savings accounts, credit cards, and loans. Similarly, you can borrow money through loans but pay interest on top of the repayment.
Major Players in Pakistan:
Digital Financial Services
Digital financial services (DFS) utilize technology to deliver financial products and services electronically, offering convenience and accessibility.
DFS can reach the unbanked in remote areas. The primary services offered are wallets, payments, lending(micro-loans), etc.
Major Players in Pakistan:
Islamic Banking
Islamic banking operates under Islamic laws (Shariah) and emphasizes ethical and socially responsible financial practices. Institutions offer various services, such as current accounts, savings accounts, ijarah, murabah, etc.
Major Players in Pakistan:
- Meezan bank
- Dubai Islamic Bank
- Faysal Bank
- BankIslami
- AlBaraka Bank
- Islamic windows of conventional banks
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