Best Savings Accounts in Pakistan 2025 – Top Banks, Profit Rates & Features
Savings accounts are a safe way to grow your money in Pakistan while keeping funds accessible. Whether you live in Karachi, Lahore, Islamabad, Faisalabad or any city, choosing the right savings account ensures both security and steady monthly returns.
Why Choose a Savings Account?
A savings account helps you store money and earn profit. It is useful for emergency funds, monthly saving goals, salary management, and long-term planning.
- Emergency savings
- Monthly budgeting
- Students and salaried individuals
- Retirement planning
Types of Savings Accounts
- Conventional Savings Account: Profit calculated as interest.
- Islamic Savings Account: Shariah-compliant, profit based on Islamic modes of finance.
Best Savings Accounts in Pakistan 2025
1. Meezan Bank Savings Plus
- Profit Payout: Monthly
- Type: Islamic
- ATM/Debit: Yes
Best option for those seeking halal earnings.
2. HBL Regular Savings Account
- Profit Payout: Monthly/Quarterly
- Minimum Balance: No strict requirement
- Digital Banking: HBL Mobile & Konnect
Best for students and digital banking users.
3. MCB PLS Savings Account
- Profit Payout: Quarterly
- ATM Card: Available
Reliable for everyday banking needs.
4. Allied Bank Aitebar Islamic Savings
- Profit Payout: Monthly
- Type: Islamic
5. Bank Islami Savings Account
- Profit Payout: Monthly
- Low Account Charges: Yes
Profit Rate Comparison Table (Approx.)
| Bank Name | Account Type | Profit Rate (Approx.) | Payout Frequency |
|---|---|---|---|
| Meezan Bank | Islamic | 6.50% – 9.50% | Monthly |
| HBL | Conventional | 5.75% – 8.25% | Monthly/Quarterly |
| MCB | Conventional | 6.00% – 8.00% | Quarterly |
| Allied Bank Aitebar | Islamic | 6.25% – 9.10% | Monthly |
| Bank Islami | Islamic | 6.30% – 9.30% | Monthly |
*Rates vary monthly based on bank policies & SBP market rates. Always confirm latest sheet.*
Comparison Chart (Ease, Profit, Accessibility)
| Bank | Profit | Digital Banking | Beginner Friendly |
|---|---|---|---|
| Meezan Bank | ★★★★★ | ★★★★☆ | ★★★★★ |
| HBL | ★★★★☆ | ★★★★★ | ★★★★☆ |
| MCB | ★★★★☆ | ★★★☆☆ | ★★★★☆ |
| Allied Bank | ★★★★☆ | ★★★★☆ | ★★★★☆ |
| Bank Islami | ★★★★☆ | ★★★☆☆ | ★★★★☆ |
Which Account Should You Choose?
- For Halal Earnings: Meezan Bank or Bank Islami
- For Students / Freelancers: HBL Konnect or HBL Regular Savings
- For Business Users: MCB or Allied Bank
Conclusion
The best savings account depends on your needs. If you want halal earnings, choose Islamic banks like Meezan or Bank Islami. If convenience and digital banking matter most, HBL is a great choice. Always check the latest profit rate sheet before deciding.
