Gen-Z

What is BankIslami Gen-Z Account?

BankIslami Gen- Z Account is WhatsApp based Aasaan Remunerative Current Account that can be opened in few clicks of WhatsApp. Ideal for Pakistani Youngsters to open their first bank account

• Account will be opened through Whats App within few minutes & Clicks
• No source of funds evidence required
• Free MasterCard Classic Debit Card
• Made for today’s young Generation Specially Generation-Z.

What is Gen Z?

Generation borne in the mid-1990s or the early 21st century. They perceived as being familiar with the use of digital technology, the internet and social media from a very young age. They are competitive and quick result oriented, they value flexibility and gender equality as their norm.

Is Generation- Z account Shariah Compliant? 

Yes, Generation-Z account is Shariah compliant. The Product is based on the underlying principles of Mudarabah. the product is approved by Shariah board of BankIslami (fatwa can be seen at our website).

How can I Apply for Bankislami Gen-Z Account? 

To open Gen-Z account, you need to click on link available at our website or massage on Bankislami Whatsapp number 021 111-475-264-. You will be required to response few basic information to open account like

• Your CNIC number
• Your CNIC issuance Date
• Mobile Number. (Your Mobile Sim shall be registered in your name)
• Purpose of Account
• Occupation & Source of income
• Email Address.
• Upload CNIC Front
• Upload CINC back

What is the limit of fund transfer? 

You can transfer funds up to PKR. 500,000 withdrawal or transfer limit per day. which may change time to time as per regulatory guidelines.

What is the transaction limit of account balance? 

Maximum Balance Limit can be changed time to time in line with the Bank’s policies and regulation. Currently its

• Maximum credit balance limit of PKR 1,000,000;
• Monthly debit limit of PKR 1,000,000;

Are there any charges for opening of Gen-Z Account?

Absolutely not! there are no charges on for the registration on Gen- Z Account. Additionally, you may enjoy lots of free features like Free Debit Master Card and Cheque Book.

What is the profit calculation methodology of Gen- Z Account?

Bank announce profit sharing ratio and weightages 3 days prior to start a month; both PSR and weightages are available at BankIslami website and Branch notice boards. Profit will be calculated based on monthly average balance.

Can I Pay Utility Bills through Gen- Z Account?

Yes, you can do utility bills, Educational fee, Donation, Mobile Top-up etc by Visiting nearest Branch or Online through our Mobile Application, Internet Banking and our ATM Network

Where is the product details are place?

The product details are available at BankIslami Branches, Website, Social media platforms highlighting distinguishing features of the product. You can also dial 111- 475-264 for 24 hours support.

Who can apply for BankIslami Gen-Z Account?

Gen Z product is specially design for Youngsters 18 years plus to open their first independent bank account.

What is the turnaround time for Gen Z WhatsApp based account opening?

In few minutes, Your Account will be opened, you will receive account number and link for Mobile Application for transactions.

Do I need to visit my selected branch for documents verification?

You are not required to visit any BankIslami branch for physical verification of your documents. You Can visit your preferred branch for collection of Cheque Book (if you require) or your own Master Debit Card.

Gen-Z Account Opening Process 

Please Confirm that

• Your Mobile Sim is registered in your name
• You have active email address
• You have valid CNIC