The Roshan Digital Account (RDA) is a tailor-made financial solution, designed to facilitate Non-Resident Pakistanis in their plans for investment in Pakistan based Savings Schemes and is suitable for both PKR and USD based transactions.

To further facilitate our Non-Resident Pakistani customers, MCB Bank is also introducing a Digital Account Opening process through which you can apply for a new Roshan Digital Account with convenience and ease. With minimal documentation requirements and an easy to use interface, you can access the new web service from here to securely open a RDA from the safety and comfort of your home.

The Roshan Digital Account offers you a host of benefits, such as no minimum balance requirements and the ability to repatriate your funds. The salient aspects of the new account are listed below:

Product Types:

  • Roshan Digital Account – PKR
  • Roshan Digital Account – FCY

Product Attributes:

  • All Non-Resident Pakistanis are eligible
  • All Resident individual Pakistanis, who have duly declared assets held abroad, are also eligible to participate in investment opportunities
  • Available in Pak Rupees (PKR), US Dollar (USD), GB Pound (GBP) and Euro (EUR)
  • Funded through foreign inward remittance
  • Digital On-boarding with minimum documentation

Features:

  • Easy repatriation of funds to customer’s foreign account
  • No minimum balance requirement
  • Online Banking for Bill Payments and Funds Transfers within Pakistan
  • Investment in Naya Pakistan Certificates issued by Government of Pakistan:
    • Click here for NPC Information Document (for conventional and Islamic)
    • Click here for NPC Profit Rates (for conventional and Islamic)
    • Click here for Profit Sharing Ratio and Weightages assigned by Islamic NPC Company applicable on your investment in INPC
  • Investment in Real Estate and Properties
  • Issuance of Debit Card and Cheque Book
  • Investment in PSX registered shares through Central Depository Company (CDC) – Click here for details
  • Investment in Term Deposits of the Bank*

For investments, Roshan Digital PKR Accountholders can only invest in PKR denominated investments. Similarly, Roshan Digital FCY Accountholders can only invest in USD denominated investments.

Fees and Charges:

For details about fees and charges, please click here

For more details, please email us at [email protected] or call our 24/7 Contact Center at +92 42 111-000-622. You can also share any feedback or suggestions related to Roshan Digital Accounts directly with State Bank of Pakistan (SBP) at [email protected]

* Will be available in the near future