United Bank Limited (UBL) has revealed that beginning October 15, 2025, it will convert all its Basic Banking Accounts (BBA) into UBL Mukammal Current Accounts, offering customers a richer package of banking services.Under the bank’s plan, existing BBA holders will automatically shift to the Mukammal product — without having to apply or take any additional steps. UBL’s Basic Banking Account is already known for its simplicity, with no minimum balance requirement, and only Rs. 1,000 needed as an initial deposit.
It allows up to 2 free deposits and 2 free withdrawals per month; transactions beyond that are subject to a flat Rs 50 fee plus standard service charges.
Customers also enjoy unlimited free withdrawals at UBL ATMs, though withdrawals from other banks’ ATMs incur charges.
In contrast, the Mukammal Current Account offers significantly broader benefits. It carries no initial deposit requirement and no minimum balance threshold.
Account holders receive free online banking, free online deposits/withdrawals, free funds transfer within UBL, free pay orders, free cheque book, and free cheque clearing.
Other perks, such as a free debit card, duplicate statements, and SMS alerts, are waived for customers who maintain a Rs. 25,000 or more year‑to‑date average balance in their current account relationship.
This upgrade means that many customers will gain access to additional free services and fewer constraints than they had under BBA. However, those who do not meet the balance criteria may not be eligible for all the waivers.
UBL’s recent merger with Silkbank, effective March 2025, bolsters its customer base and may be one reason for pushing the account consolidation.
Customers should carefully review the new Mukammal terms and compare them with their current BBA setup, especially if they make many transactions or depend on cross‑bank ATM access.
