Summit bank

summit Bank Ltd is one of the fastest growing commercial banks of Pakistan,which,
in a very short span of time, has expanded its network across the country and built
an infrastructure based on state of the art Risk Management Framework aswell as
IT platform. Also targeting to be a universal bank in terms of providing products
and services in all key segments of banking i.e. Corporate and InvestmentBanking,
Trade Finance, Commercial Mid Market / SMEs, and Consumer Banking,it
commenced its operations in August 2006.
The Pakistan operations of Rupali Bank Limited were acquired by Arif
HabibSecurities Limited under the Scheme of Amalgamation approved by the State
Bank of Pakistan. The name of Rupali Bank Ltd was subsequently changed to Arif
HabibRupali Bank Ltd and then finally to Arif Habib Bank Ltd in October 2007. On
31stMarch 2010, Suroor Investments Ltd, a company incorporated in
Mauritius,acquired 59.41% stake in Arif Habib Bank Ltd from Arif Habib Securities
Ltd, andon 18thAugust 2010, Arif Habib Bank Ltd was rebranded as Summit Bank
Ltd

Current Account
Summit Bank offers you a convenient and secure way of managing your money in local and
foreign currencies. With easy withdrawals of funds and unlimited daily transactions, this product
fulfills all your banking needs.
Key Features

Non-profit bearing Account

Choice of Periodic Statements on monthly, quarterly, half-yearly and annual basis

Anytime access to your Account Statement through our Internet Banking and Electronic
Statement Facilities

Account Transaction information through SMS Alerts

Free VISA Debit Card

No Deduction of Zakat

Value Added Services

Free Online Banking

Free Utility Bills payments via ATM, SMS, Internet Banking, Contact Center, Summit
Bank Branches

Free Pay Order, Demand Draft, Call Deposit Receipt & Rupee Travelers Cheques
issuance

Free Home Remittance Payments

Unlimited Free of Cost Transactions (over the counter & Summit Bank ATMs)

Free Dispatch of Account Statements (on half yearly basis)

Free Electronic Account Statements

Free Outward Clearing Cheques (returned)

Free Fund Transfer within Summit Bank via ATM, Website, and Branch Network

Free Expired Visa Debit Card Replacement

Free Personal Accidental Insurance

Free ATM Cash Withdrawal Insurance

24/7 Customer Care

Classic Current Account

Rewarding you with unparalleled banking privilege, Summit Classic Current Account offers you
the additional benefits of Health Insurance and Hospitalization Coverage, making your present
healthy and future secure.
YEH HUA NA HEALTHY, WEALTHY AND WISE DECISION !
Key Features

Health Insurance and Hospitalization Coverage

Non-Interest bearing and Local Currency Account

Health Wellness Card covering a Maximum limit of PKR. 50,000, PKR 100,000 and
PKR 250,000 per person in accordance with the terms and conditions of the insurer

Waiver of Health Insurance charges on maintaining Monthly Average Balance as per

coverage plan

Benefits

Emergency Care, Surgery and Hospitalization Coverage

Free Health Wellness Card

Pre-Existing Conditions Coverage

Easy Claim Processing

Prescription Medicine Coverage

Cash-less Claim facility at all Panel Hospitals

Non-Panel Hospital Reimbursement allowed

Summit asaan current Account

Summit Asaan Account makes banking easy and accessible for Everyone. All you need is your
CNIC to start availing the benefits of Asaan Current Account with its unique features of hassle
free banking.
Key Features
Asaan Current Account

Only Rs.100 to start with

No Minimum Balance Requirement

First Free Cheque Book (available on customer request)

Option to avail Young Bee Debit Card, Dolmen Loyalty Card and Visa Prepaid Card.

PLS Savings Account

PLS Savings Account

Summit Bank Profit and Loss Savings Account is the most convenient way to manage your
Savings in Local and Foreign Currencies. Our PLS Savings Account is designed to provide you
with Easy access to your money, along with a higher rate of Return.
Key features

Profit Bearing Account

No Minimum Balance Requirement

Choice of Periodic Statements on monthly, quarterly, half-yearly and annual

basis

Access to your account statement anytime through our Internet Banking and
Electronic Statement Facilities

Account Transaction information through SMS Alerts

Free VISA Debit Card

Value Added Services

Free Online Banking

Free Utility Bills payments via ATM, SMS, Internet Banking, Contact Center,
Summit Bank Branches

Free Pay Order, Demand Draft, Call Deposit Receipt & Rupee Travelers
Cheques issuance

Free Home Remittance Payments

Unlimited Free of Cost Transactions (over the counter & Summit Bank ATMs)

Free Dispatch of Account Statements (on half yearly basis)

Free Electronic Account Statements

Free Outward Clearing Cheques (returned)

Free Fund Transfer within Summit Bank via ATM

Website, and Branch Network

Free Expired Visa Debit Card Replacement

Free Personal Accidental Insurance

Free ATM Cash Withdrawal Insurance

24/7 Customer Care

Daily Product Account

Take advantage of our unique Daily Product Account where your money begins earning returns
as soon as you make a Deposit. Returns are calculated on your Daily Closing Balance and
credited to your account monthly, which means you start making money from the day you make
your very first Deposit. This innovative Summit Bank Product offers the simplest way to start
Growing your Savings right away.
Key features

Rs.25,000 to start with

No Minimum Balance requirement

Monthly Profit Payout

Choice of Periodic Statements on monthly, quarterly, half-yearly and annual basis

Anytime access to your Account Statement through our Internet Banking and Electronic
Statement Facilities

Account Transaction information through SMS Alerts

Free VISA Debit Card

Senior Citizen Account

Summit Senior Citizen Account designed for Senior Citizens (60 years and above) to empower
Senior Citizen to open and operate the Bank account transactions with highest level of services
provided by the Bank to their fullest satisfaction with healthy return. Summit Senior Citizen
Account comes along with a wide range of free services and benefits in addition to attractive
profit rate.
Features:

Savings Account For Senior Citizens of 60 years & above.

Available in local currency only.

Profit will be calculated on daily day end balance as per the daily product basis and it will
be credited in the account on monthly basis.

Attractive Profit Rate : (Subject to change)

No minimum balance will be required.

In case of joint account at least one of the account holders should be of 60 years & above,
the other joint account holder should not be a minor but must be at least 18 years of age).

Un-limited deposits and withdrawals.

Free cheque book.

Special treatment will be available for senior Citizens at all the Branches.

All other conditions including Zakat & Taxes for Savings Account are applicable

Hamara Family Savings Account

Fostering the bond that exists with its customers, and to better serve their financial needs,
Summit Bank has come up with Hamara Family Savings Account a unique savings account
offering superior returns and a host of free services.
As a trendsetter, Summit Bank brings a solution to assure parents of their commitment to their
children. With more values, more expertise and more solutions, Summit Bank innovates a
savings account that serves the entire family. Get your entire family to bank with Summit Bank,
and enjoy vast privileges and unique benefits that go hand in hand with Summit Innovations.
features
o Grouped accounts for the family
o Initial Investment Requirement-Rs.5,000/o Minimum Balance Requirement-Rs.5,000/o Attractive rates
o Additional semi-annually bonus *
o Up to five free Visa debit cards
o Minors can make purchases and withdraw cash at ATMs via the Visa Debit Card

Young Bee Account

The Young Bee Account is a magical world of saving with many adventures awaiting your young
ones. Teach them the importance of saving from a young age, while also keeping them safe and
protected with the Young Bee Debit Card, which can be used in place of cash wherever they go.

The Young Bee Account is full of fun and easy to open. Simply visit any Summit Bank branch
and ask the bank officer to fill out a Young Bee Account opening form.
Key Features

Attractive returns

No minimum balance

Accumulation of points redeemable at McDonalds

Summit asaan savings Account

Summit Asaan Account makes banking easy and accessible for Everyone. All you need is your
CNIC to start availing the benefits of Asaan Savings Account with its unique features of hassle
free banking.
Key Features
Asaan Savings Account

Only Rs.100 to start with

No Minimum Balance Requirement

First Free Cheque Book (available on customer request)

Attractive Returns : 4% p.a. Returns

Monthly Profit Payout

Option to avail Young Bee Debit Card, Dolmen Loyalty Card and Visa Prepaid Card

Term Deposit Accounts

A term deposit also known as fixed deposit is a scheme that locks in a specified amount
of funds for a fixed period of time. These funds can be fixed for a tenor ranging from 3
months upto 10 years. In case of term deposit, depositor needs to maintain a current or
savings account with the bank and can access the funds through that account. As the
funds are fixed, no cheque book or debit card is issued against a term deposit account.
The Term Deposit is considered as a safe form of investment and is therefore appealing

investors with low risk appetites. Term deposits offer a higher rate of return to the
depositor as the funds are fixed or tied up for a specified period of time. Encashment of
the deposit before the maturity of the tenor may in certain cases result in a penalty
/charges for the customer.

Advantage Account
As an innovative Investment Product, Summit Bank offers Summit Advantage Account to ensure
Convenient and Profitable Financing. Whilst delivering Exceptional Returns on your Investment,
Summit Bank also provides the opportunity to avail up to 70% Loan Financing, Free from any
additional mark up.
This unique offer is for those who want to conserve their savings but still want to avail a hasslefree financing facility to manage periodic cash flow needs.
Key Features:

Rs.100,000 to start with

Maximum Limit of Investment Up to Rs.10,000,000

1 Year Term

Maximum Loan up to 70% of the Deposit with No Additional Markup

Attractive Returns

Monthly Profit Payout

Mahana Amdan Account

Summit Bank offers a unique term deposit product where you receive attractive Monthly Payouts
with attractive returns.
Deposit Limits
Rs. 50,000 up to Rs.10 million
Key Features

Monthly profit will be credited in the depositors linked account

Free VISA Debit Card

TD Certificate
Summit Bank Term deposits provide you with attractive returns on your investments over a fixed
period of time.
Key Features

Attractive Returns

Choice of tenure (1 month, 3 months, 6 months, 1- 5 years)

Financing facility available