List of top best banks in Pakistan 2021

Banks play an important role in the development and progression of Pakistan. Due to banks many works become easy and fast like to send and receive money from anywhere of the world through a bank, foreign remittance, pay utility bills, do deposits safely, get insurance for future, for their child education and many other purposes. 

There are a lot of banks which are working in Pakistan for the facility of general public and the progress of their country, in which some banks are on the top of list due to their best service and management. 

In the previous article we explain best banks in Pakistan Microfinance bank and, in this article, we give you information about a list of best banks which working in Pakistan. 

Types of banks

All banks are categorized in some terms which are including

List of top best banks in Pakistan

Government banks

  • State bank of Pakistan
  • National bank 
  • Bank of Punjab

Commercial banks

  • United bank limited
  • MCB bank
  • Habib bank limited
  • Allied bank
  • Bank ALFLAH
  • Askari bank
  • Summit bank 
  • Soneri bank
  • JS bank
  • Bank Al Habib
  • Slandered Chartered bank 

Islamic banks

  • AL Baraka Bank
  • first woman bank
  • Meezan bank
  • Faysal bank

Microfinance banks

  • Zarai Taraqiati bank
  • Industrial development bank and many others

Government banks

First of all, we give you detail about government banks which are working in Pakistan. There are three government banks which detail is given below.

1.State bank of Pakistan (SBP)

State bank is the biggest bank in Pakistan which working from July 1948 and establish by Muhammad Ali Jannah who is the founder of Pakistan. All remaining banks follow the rules of state bank of Pakistan. The main object of state bank is to make money by holding securities, give cash to all other banks in Pakistan, introduce and withdraw prize bond and many other purposes. This bank has many branches within Pakistan and out of countries.

2.National bank of Pakistan (NBP)

National bank is the best and biggest bank in Pakistan. It was founded in 1949 after made of Pakistan. It has different products like sending and receiving payments, deposits, give ATM for the facility of their customers and work like a microfinance bank to give loan and many other facilities. It has 14000 employs and more than 1450 domestic branches and 21 overseas branches in all over the Pakistan. National bank is also a government bank and its head office located in Karachi which is the biggest city of Pakistan.

3.Bank of Punjab

Bank of Punjab established in 1992 and it was the best bank due to their services and their net income. It has more than 7000 employs and 624 branches. The profit of bank of Punjab in 2020 was round about 1.5 bn after taxation. It has different services for their customers which are

Foreign remittance
Deposit in local and foreign currency
Currency conversion
Debit and credit cards
Consumer banking
Corporate banking
Different insurance plans
Give advance loan to business, trade and agriculture field
Private equity and wealthy management

Commercial banks

Now we will give you information about commercial banks which are in working in all the cities of Pakistan and found in a huge quantity, which detail is given below.

1.United bank Limited (UBL)

United bank is the best bank for deposits, online transactions, foreign remittance and for account holders and it has millions of customers.

In the private sector it was the biggest and oldest bank which made in 1959 and got best Pakistani bank awards many times. It works national and international levels. It has 1380 branches within Pakistan and 19 branches at international level. It works in 12 countries of the world which are Bahrain, Qatar, China, UK, Switzerland, Oman, Yemen, USA, Iran, UAE, Tanzania and Pakistan.

Its branches in all over the cities of Pakistan and its head office located in Karachi city of Pakistan. You can find easily UBL branch anywhere in Pakistan which has a huge number of employees. It has different products which are best bank for saving account in pakistan

Account opening
Sending and receiving payments
EFU life insurance 
Foreign remittance
Debit card, credit card and Visa card
Advance loans
Utility bills
Online banking
Cars at lease
Electronic fund transfer
Net banking 
Currency conversion and many other services

Note:The best account in UBL is Mukammal current account which have free ATM card, free cheque book and free account opening and deposits no any cutting.
I use this bank and it was my favorite bank.


MCB is the bigger and oldest bank in Pakistan. It was established in 1947 which has 1100 branches within Pakistan and 8 branches in different countries. It has more than 14000 employees and headquarter is located in Lahore, Pakistan. In 2005 it cut their name Muslim commercial bank into MCB in the global market, now its name is just MCB. 

3.Habib bank limited (HBL)

HBL is the famous and largest bank due to their assets and this bank was established in 1947 in Mumbai on the request of Muhammad Jannah (founder of Pakistan) to help Indian Muslims. It was 1500 branches with in the cities of Pakistan and 55 branches in other countries. hbl head quarter was located in Karachi. 

HBL bank has best service in insurance plans, if you to take insurance plans then you should must in HBL. HBL use Jubli life insurance to facilitate their HBL customers. This bank working on different sectors which are branch banking, corporate banking, Retail financing, SME and investment banking service. 

4.Allied bank

Allied bank is also a best bank in the history of Pakistan. This bank was established in 1942, now it has 1100 branches and 1200 ATM in all over the cities of Pakistan. This bank also provides short term loans to their customers to fulfill their necessities, work and run their business. 

5.ALFALAH bank

ALFLAH bank is the 6th biggest bank in Pakistan which has 640 branches in all over the Pakistan. It has established in 1997 and it was the single in Pakistan which incorporated under the ABU DHABI group. This bank started their banking services from 1st November 1997. It has 700 branches within cities of Pakistan, 54.3 billion revenue and 8.5 billion net income. 

The best service of this bank is car loan on installments/ lease, it has nominal interest rates. This bank provides different products which are giving loans, provide saving accounts, debit and credit cards, Securities brokerage, customers banking, debit and credit cards. 

6.Askari bank

Askari bank was established in 1991 as a public limited company and under the control of Fauji Foundation group. This bank was registered in Karachi, Lahore and Islamabad stock exchange company. It has 440 branches and 8000 employees and it headquarter is located in Rawalpindi. It has different products which are customer banking, commercial banking, advance loans, securities brokerage. 

7.Summit bank

Summit bank is a professional banking services and business focused. you can use Summit bank services online by downloading a mobile app and get it registered by calling summit bank head office number or by visiting at branch. 

This bank was shared by Suroor investment and it has 200 branches in all over the cities of Pakistan. Summit bank head office located in Karachi. It was the best in their services. The best quality of this bank is to provide fresh and new cash to each customer and their account holders.

8.Soneri bank

Soneri bank was incorporated in 1991 as a public limited company and registered in stock exchange. Its head office was located in Lahore. 

This bank offers current account, saving account, pensioners account, lockers and electronic banking. According 2019-2020 annual financial report 1.9 billion profit.

9.JS bank

JS bank was founded in 2007 and it has 238 branches. It was owned by JS group which are the largest shareholder of Pakistan. It has best banking services and its branches are located in all over the cities of Pakistan. 

10.Bank AL Habib 

Bank Al has incorporated in 1991 and they started their banking services in 1992. It was established by Dawood Habib family. It has 850 branches with in Pakistan and its head quarter located in Karachi. This bank work at both national and international level. In 2020 it got must profit which round about 1.36 trillion. 

This bank gives many services to their customers like other banks and it was the third biggest ATM service provider bank in Pakistan. This bank provides two types of VISA cards.  

11.Standard Chartered bank 

Standard Chartered bank is the banking and financial company which working in Pakistan. It was the biggest and oldest bank which working in from 1863. It has 94 branches in Pakistan and working this bank in all over the world. It was the sixth biggest bank in Pakistan. Its head quarter located in Karachi. Standard Chartered bank offers different products including loan, Mobile banking, SMS banking, debit and credit cards, savings and many other services.

Islamic Banks

Here we will discuss Islamic banks which Muslim like most and can use without any fear of Sood or illegal activities. These banks are including

1.AL Baraka Bank

AL Baraka bank is the Islamic bank and they receive a license best Islamic banking award to fulfill the all rules and polices of Islam.  It has 300 branches in all over the cities of Pakistan. In 2015 this bank was merged with KASB and become a best and biggest bank of Pakistan.

2.First Woman bank 

It was the best women and Islamic bank. It was incorporated in 1989. This bank founder was Benazir Bhutto who is the prime minister of Pakistan in past.  In this bank all management staff is females.

3.Meezan Bank

Meezan bank is also a best bank like UBL. Its net banking is the best and you can use their account all services by sitting at home. In 2020 this bank got best Pakistani bank and after their establishment they got 6th time best Pakistani bank award. 

It was the first Islamic bank in Pakistan which establish in 1997. This bank works according Islamic rules and regulations. It was the 5th biggest bank in Pakistan and 600 branches with in all cities of Pakistan and headquarter in Karachi. This bank does work at international level in Bahrain, Bangladesh, Afghanistan and UAE. 

This bank has three types of accounts which are current account, saving account and Karbhari Munafa account. It has different products which are accounts opening, online net banking, debit and credit card, insurance and give car, mobile and different electronic instruments at lease. ljarah car is the best interest free car given by Meezan bank.

4.Faysal bank 

Faysal bank is the best Islamic and commercial bank. Faysal bank was established in 1994 and provide their financial services to their customers. This bank has 350 branches and more than 4000 employees in all over the cities of Pakistan. This bank gives loan to business entrepreneurs and industrialist to purchase raw material and machinery. 

Microfinance bank

Microfinance bank is a bank which gives loan to needy persons, business entrepreneurs, industries and agricultural sectors. We write a separate article on Microfinance bank in detail you can read this and two important microfinance banks are discussed here.

1.Zarai Taraqiati bank limited (ZTBL)

Zarai Taraqiati bank limited was incorporated in 2002and provide their services in all over the cities of Pakistan. This bank provides agricultural loans and banking services. It was the best bank for formers to take loan for agricultural purposes.

2.Industrial development bank

Industrial development bank was owned by Khyber pakhtun khan government province and this bank gives loans for industrial developments. This bank was established in 1991 and it has 150 branches in all over the Pakistan. This banking provides all banking services to their customers. 

FAQ (Frequently Asked Question)

FAQ 1 : Which bank is best for opening an account?

For account opening and deposits UBL and Meezan is the best, no any cutting is doing from your deposits.

FAQ 2 : Which bank is best for Foreign Currency in Pakistan?

UBL is the best for foreign currency, foreign remittance and currency conversion because it has no any charges or nominal charges.

FAQ 3 : Which Pakistani bank is international?

Standard Chartered bank is the international bank which gives their best services in Pakistan.

FAQ 4 : What are the most popular banks in Pakistan?

• UBL • HBL • MCB • Meezan • Allied • ALFLAH

FAQ 5 : Which bank is best in Pakistan 2020?

In 2020 Meezan bank got a Pakistan best bank.


In this article we give you detail about different government, Islamic and commercial and Microfinance banks which working in all over the cities of Pakistan and their services and history. The question which all peoples are asking which bank is best for their services and their accounts, then according my experience and research UBL and Meezan bank. These banks provide all banking services and in best why.

Please share this precious information with your family, friends and their loved ones so that they can be facilitate this information. For any query, or need any extra guidance then visit our website, leave a comment in comment section or contact us on our email address given below.

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