The SadaPay is simple and has a minimized charge structure to provide a cost-effective banking experience. For most of its services are free, including:
- Account Opening
- Monthly Charges
- Annual Charges
- Mobile Banking
- SMS Alerts
- Minimum Balance Requirement
- First Time Debit Card Issuance
- Local Bank Funds Transfer
Meanwhile, it only charges a bit for international financial transactions. See the schedule below:
| Service | Charges (PKR) |
|---|---|
| Account Opening | 0 |
| Monthly Charges | 0 |
| Annual Charges | 0 |
| Mobile Banking | 0 |
| SMS Alerts | 0 |
| Minimum Balance Requirement | 0 |
| First Time Debit Card Issuance | 0 |
| Debit Card Replacement | 500 |
| PayPak Card | 700 (annual) |
| 1st 3 ATM Withdrawls | 0 |
| Subsequent Withdrawls (4th) | 23.44 |
| Local Bank Transfer | 0 |
| Foreign Transcation | 0.015 |
| Foreign Transcation POS | 0.015 |
| International ATM | 1.50%+Rs.250/- |
| Foregin Remittances | 0 |
FAQ’s
If SadaPay doesn’t charge, then how does it earns?
An intelligent question. They don’t have branches like traditional banks, which cuts most of their expenditures. Therefore, very few staff is required to handle the operations. Ultimately, the benefit to the users informs of free services.
What are the charges for foreign transaction?
It depends upon the funds transfer amount. And calculated as 1.50% per transaction.
As a content writer, business student, and non-fiction book reader, Muhammad Husain has a keen interest in observing Pakistani organizations and sharing his knowledge and insights on a variety of topics. Bringing a unique blend of practicality and creativity to articles on Pakistani business operations and personal experiences.
I am dedicated to creating informative and engaging content that inspires readers to learn more about Pakistani culture.