Summit Bank is a Pakistani retail bank with 193 branches across the country, the bank has its headquarters based in Karachi and was established back in 2006.
The bank also provides its customers with internet banking services, internet banking helps to ease account maintenance affairs as you can manage your account from the comfort of your home.
Some of the services provided through internet banking by Summit Bank are mentioned below:
Let’s look at 4 different types of account you can open at Summit Bank:
There are 2 types of people who can apply for a current account at Summit Bank:
Salaried individual:
To apply for a current account at Summit Bank, you need to collect the following documents:
Business owner:
Collect and submit the following documents to the bank if you want to open a current account at Summit Bank:
After you’ve submitted these documents, you also need to pay a minimum fee of 1000 PKR for account opening and will also need to maintain a minimum balance of 1000 PKR for account maintenance.
There are 2 types of people who can apply for a savings account at Summit Bank:
Salaried individual:
To apply for a savings account at Summit Bank, you need to collect the following documents:
Business owner:
Collect and submit the following documents to the bank if you want to open a savings account at Summit Bank:
After submitting these documents you’d also need to pay a minimum fee of 100 PKR for account opening while no minimum balance is required for account maintenance.
The Summit Bank PLS savings account has an annual equivalence rate (AER)/interest rate of up to 8.25%.
If you want to open an account for your children so they can learn the importance of saving, Summit Bank offers an exclusive account for young children called the Young Bee account. Visit your nearest Summit Branch, ask the bank officer to fill in the Young Bee form.
Children under the age of 18 can now have their own savings account, all the documents you require include a CNIC of the parent/guardian with their proof of income and the child’s B-form.
So if you wish to open a Young Bee account, visit your nearest summit branch with your child to apply.
You can also open an Asaan Account if you’re not the type of person to deal with the arduous intricacies of account opening documentations.
Open your Asaan Account with 100 PKR and the only documentation required is your CNIC.
Visit the Summit Asaan account page for clarification on terms and conditions required for asaan account.
In all, these are 4 accounts you can apply for at Summit Bank, if you feel interested, visit your nearest Summit branch to apply.
Not convinced? Here is a complete list of all Pakistani banks where you can open your accounts:
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