Summit Classic Account - Summit Bank

Summit Classic Account

Rewarding you with unparalleled banking privilege, Summit Classic Account offers you the additional benefits of Health Takaful and Hospitalization Coverage, making your present healthy and future secure.


Contract & Mechanism

SCA will be accepted on the basis of Mudarabah (form of partnership). The Bank will be the Mudarib and the Investment Account Holders (IAHs) / Depositors will provide funds for investment to earn Halal profit / benefit, identified as Rab-ul-Maal

Key Features

  • Health takaful and Hospitalization Coverage
  • Health Wellness Card covering a Maximum limit of PKR. 50,000, PKR 100,000 and PKR 250,000 per person in accordance with the terms and conditions of the kafeel.


  • Emergency Care, Surgery and Hospitalization Coverage
  • Free Health Wellness Card
  • Pre-Existing Conditions Coverage
  • Easy Claim Processing
  • Prescription Medicine Coverage
  • Cash-less Claim facility at all Panel Hospitals
  • Non-Panel Hospital Reimbursement allowed

Value Added Services

  • Free Online Banking
  • Free Utility Bills payments via ATM, SMS, Internet Banking, Contact Center, Summit Bank Branches
  • Free Pay Order, Demand Draft, Call Deposit Receipt & Rupee Travelers Cheques issuance
  • Free Home Remittance Payments
  • Free Dispatch of Account Statements (on half yearly basis)
  • Free Electronic Account Statements
  • Free Outward Clearing Cheques (returned)
  • Free Fund Transfer within Summit Bank via ATM, Website, and Branch Network
  • Free Expired Debit Card Replacement
  • Free Personal Accidental Takaful
  • Free ATM Cash Withdrawal Takaful
  • 24/7 Customer Care


Takaful Plan Type Monthly Average Deposit Expected
to Cover Takaful Charges
Takaful Coverage Takaful Charges p.a.
Plan A PKR 250,000/- Per Person Up to 250,000/- 1,900/- (At actual)
Plan B PKR 100,000/- Per Person Up to 100,000/- 1,100/- (At actual)
Plan C PKR 50,000/- per person Up to 50,000 775/- (At actual)

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Last Updated 2023-05-26

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