Allied Bank launches ‘Allied Rising Star’

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KARACHI: Allied Bank is geared towards teaching and encouraging children to initiate banking at an early age so that they are able to deal with life’s fiscal challenges in adulthood. This was stated by Allied Bank Commercial and Retail Banking Group Chief Zia Ijaz while announcing the launch of the ‘Allied Rising Star’ youth’s first bank account.

Allied Rising Star is a savings account for the youth aged up to 18 years with attractive and multifaceted features and benefits. A unique and arguably the best feature is the daily credit of per day profit in a linked wallet account; and a bonus cash of Rs 25 upon accumulation of profit amount of every Rs 100. The account also offers accidental death, disability insurance cover for parent or guardian of the account holder, a certificate to commemorating ‘Child’s First Ever Bank Account’, a membership plastic card establishing child’s relationship with Allied Bank and attractive account opening gifts, birthday wishes and surprise gifts such as a nice savings box.

The bank has been putting in concentrated efforts to harness every opportunity that encourages the household and domestic population to come into the banking channel. With the products and services like Allied Advanced Profit Scheme and introduction of Women Branches, Allied Bank has earned a bold reputation that of a fast emerging innovative and novel bank, in terms of customer centric banking. staff report