Enjoy Hassle-free Fund Transfers with NBP Funds Payment Book Powered by Bank Islami Pakistan. Now make direct payments to any Bank Account Holder anywhere in Pakistan.
NBP Fund Management Limited (NBP Funds) is the first Asset Management Company (AMC) in Pakistan to offer a Payment Book facility for easy fund transfers from a Mutual Fund Account. The NBP Funds Payment Book enables investors to make direct payments to any bank account holder by issuing a signed Payment Slip in their favor. The Payment Book can be activated easily and the payment slips can be presented at any bank branch nationwide.
To activate this Payment Book, you are required to duly sign and submit the “Payment Book Activation Request Leaf” to any NBP Funds Office or courier with title “Payment Book Activation Request Leaf” to Transfer Agency at NBP Funds Head Office.
After submission, you will receive a call from NBP Funds on your registered mobile number for activation.
Please refer to all “Terms and Conditions” and instructions provided in the Payment Book Requisition Form to understand how the Payment Book works.
For more details, please refer to the Payment Book FAQs (Frequently Asked Questions).
| Withdrawal Limits | |||
|---|---|---|---|
| Description | Min | Max | |
| Backward Pricing Fund | PKR 1,000 | 95% Balance | |
| Forward Pricing Fund | PKR 1,000 | 90% Balance | |
| Per Payment Book (10 Leaves) | PKR 200.00 | ||
| Per Payment Book (25 Leaves) | PKR 500.00 | ||
| Per Payment Book (50 Leaves) | PKR 700.00 | ||
| Payment Slip Inward Return Charges | PKR 500.00 per slip | ||
| Document Retrieval Charges | PKR 100.00 per slip | ||
| Courier Charges | At actual (if any) | ||
| The above charges are exclusive of Government applicable taxes & FED, and are applicable till June 30,2023. | |||
NBP Funds is committed to providing its investors with innovative financial solutions for a better investment experience.