Home Business Mobicash Launches ‘Bachat Account’ for its Savings Conscious Subscribers

Mobicash Launches ‘Bachat Account’ for its Savings Conscious Subscribers

Mobicash, continuing with its innovative offerings, has launched a savings account for its mobile account holders. Aptly titled ‘Bachat Account’, it provides an incentive to account holders conscious of their saving habits by offering them a daily profit on maintaining a certain balance of money in their mobile account.  The profit in the “Bachat Account” is calculated and posted to the mobile account on a daily basis. This service comes with unique features that are industry first initiatives, daily posting to the mobile account and option to subscribe/un-subscribe directly from customer mobile account menu.

mobicash

This service is available to both existing and new Mobicash Mobile Account customers.

Aniqa Afzal Sandhu, Senior Director Mobile Financial Services – Mobilink, while expressing her joy at the launch of this latest product stated, “This latest product will be of immense benefit to our customer base as it offers them a handsome return on their earnings and promotes a savings culture. Around the globe, people are encouraged to save for a better tomorrow, and our product is a step in that direction. Mobicash wants to provide Pakistani citizens with a safeguard against economic uncertainty and other personal emergencies. In line with our vision to bridge the divide between banked and unbanked proportions, our Bachat Account offers individuals an opportunity to lead a better lifestyle by encouraging micro-saving.”

This service currently offers mobile account holders three separate saving plans based on a set range of balance requirements: Bachat Plan A sets PKR 2500 as the minimum balance, which offers users an annual profit rate of 6%, Bachat Plan B has a minimum balance requirement of PKR 7,500 with an annual return of 7%, while Bachat Plan C offers an industry high annual return of 9% on a minimum balance of PKR 15,000.  For a free of charge subscription to a Bachat Plan, Mobicash Mobile Account holders need to dial *786# from their phone and go to ‘My Account’ and select ‘Bachat Account’, then choose a relevant Bachat Plan and enter the MPIN for confirmation.

Must Read

SCO ANNOUNCES WINNERS OF ONLINE PAINTING COMPETITION – 2020

Special Communications Organization (SCO) is pleased to announce the winners of SCO Online Painting Competition 2020. The online competition was called in April 2020...

TECNOPhotoWalk captures the magnificence of Islamabad through the lens of Camon 16

TECNO keeps bringing innovative campaigns, continuing the legacy of raising the bar higher for building engagement with its fans and customers. The renowned smartphone...

  Zameen.com and Bank Alfalah sign MOU to promote construction and housing sector   Lahore: In line with the vision of the Government of Pakistan & the...

Eighteen signs renowned actor AdnanSiddiqui as brand ambassador Renowned actor AdnanSiddiqui at Eighteen head office for signing as the Brand Ambassador Islamabad: Eighteen, the luxury real...

Cinepax and Galaxy Racer launch the first ever Pak vs. India Fortnite Gaming Tournament with the biggest prize pool in the region of $10,000!! The...