Karachi April 14 2022: In order to further expand outreach of low risk accounts , it has been decided to enhance the transactional limits for Asaan Account and Asaan Remittance Account. Revised limits shall be as follows:
a) Asaan Account
Total Debit per Month: Rs. 1,000,000
Total Credit Balance Limit: Rs. 1,000,000
b) Asaan Remittance Account
Maximum Credit Balance Limit: Rs. 3,000,000
Cash withdrawal Limit: Rs. 500,000 per day
Fund Transfer Limit: Rs. 500,000 per day to any other account
Local Credit allowed: Rs. 1,000,000 per month
However, No commercial remittance allowed.
Earlier, there will be (i) maximum credit balance limit of Rs. 2,000,000 (ii) cash withdrawal limit of Rs. 50,000 per day and (iii) fund transfer limit from Asaan Remittance Account to any other account of Rs. 50,000 per day.
