CONTENTS CURRENT S ............................................................................................................................. 3 RUPEE CURRENT ................................................................................................................ 3 KEY FEATURES................................................................................................................................. 3 DOLLAR CURRENT ............................................................................................................. 4 KEY FEATURES................................................................................................................................. 4 EURO CURRENT ................................................................................................................. 4 KEY FEATURES................................................................................................................................. 4 POUND CURRENT .............................................................................................................. 5 KEY FEATURES................................................................................................................................. 5 SAVINGS ................................................................................................................................ 6 RUPEE SAVINGS ................................................................................................................ 6 KEY FEATURES................................................................................................................................. 6 DOLLAR SAVINGS .............................................................................................................. 7 KEY FEATURES................................................................................................................................. 7 EURO SAVINGS .................................................................................................................. 7 KEY FEATURES................................................................................................................................. 7 POUND SAVINGS S ............................................................................................................. 8 KEY FEATURES................................................................................................................................. 8 SPECIAL SAVINGS S ................................................................................................................ 9 MEEZAN BACHAT .............................................................................................................. 9 KEY FEATURES................................................................................................................................. 9 MEEZAN LABBAIK SAVING ASAAN................................................................................................... 10 KEY FEATURES............................................................................................................................... 10 MEEZAN KIDS BANK ........................................................................................................ 11 KEY FEATURES............................................................................................................................... 11 MEEZAN TEENS CLUB ...................................................................................................... 12 KEY FEATURES............................................................................................................................... 12 MEEZAN ASAAN S ................................................................................................................ 13 ASAAN CURRENT ............................................................................................................. 13 KEY FEATURES............................................................................................................................... 13 ASAAN SAVINGS .............................................................................................................. 14 KEY FEATURES............................................................................................................................... 14 HOME REMITTANCE S .......................................................................................................... 15
EXPRESS CURRENT .......................................................................................................... 15 KEY FEATURES............................................................................................................................... 15 EXPRESS SAVINGS ........................................................................................................... 16 KEY FEATURES............................................................................................................................... 16 SMART REMITTANCE WALLET.......................................................................................................... 17 KEY FEATURES............................................................................................................................... 17
MEEZAN BANK S Meezan Bank offers the largest range of Riba-free Deposit s for Personal Banking. We can choose from their Current and Savings s, Special savings s, Meezan asaan s or Meezan express s.
CURRENT S RUPEE CURRENT Meezan Current is a Rupee-based current that provides you the convenience of putting your money in a Riba-free and accessing it without any restrictions on withdrawal while enjoying a host of professional conveniences from Meezan Bank. Meezan Current can be opened by Individuals, Sole-Proprietorships, Partnerships and Limited Companies.
KEY FEATURES Minimum Investment Minimum Investment for Opening a Rupee Current is Rs. 1000/Online Branch Banking Avail online branch banking facilities all across Pakistan. Free Internet Banking Avail completely free internet banking with a Current No Restriction No restriction on withdrawals or number of transactions. Priority Desk Access to priority desk Unlimited Withdrawals Withdraw money as many times as you need in a single day No Deductions No deductions on low balance.
DOLLAR CURRENT Meezan Bank allows us to open current in US Dollar.
KEY FEATURES Minimum Deposit Minimum deposit required to open an is $100 Routine Withdrawals Routine withdrawals up to $500 per day allowed without prior intimation. Prior Notice Withdrawals of above $500 needs 1-day prior notice. Foreign Remittances Receive Foreign Remittances. No Deductions No deduction of service charges if the balance maintained is low
EURO CURRENT Meezan Bank also allows us to open current in Euro.
KEY FEATURES Minimum Deposit Minimum deposit required to open an is €100 Routine Withdrawals Routine withdrawals up to €500 per day allowed without prior intimation. Prior Notice Withdrawals of above €500 needs 1-day prior notice. Foreign Remittances Receive Foreign Remittances. No Deductions No deduction of service charges if the balance maintained is low
POUND CURRENT Meezan Bank also allows us to open current in GBP.
KEY FEATURES Minimum Deposit Minimum deposit required to open an is £100 Routine Withdrawals Routine withdrawals up to £500 per day allowed without prior intimation. Prior Notice Withdrawals of above £500 needs 1-day prior notice. Foreign Remittances Receive Foreign Remittances. No Deductions No deduction of service charges if the balance maintained is low
SAVINGS Meezan Bank allows its customers to open four different types of savings s, both in local and foreign currency. The Riba-free Rupee Saving is a basic banking for every customer's need. The provides expected monthly returns along with a variety of free packaged benefits.
RUPEE SAVINGS Meezan Rupee Saving can be opened by Individuals and businesses including Sole Proprietorships, Partnerships and Limited Companies.
KEY FEATURES Minimum Investment Minimum investment required is Rs. 100 Withdrawals No restriction on withdrawals or number of transactions Internet Banking Free Internet Banking Facility Profit Payment & Calculation Profit will be paid on monthly basis and calculated on daily basis Online Branch Banking Free Online Banking service at all Meezan Bank branches Priority Desk Access to priority desk
DOLLAR SAVINGS The Riba-free Dollar Savings is a Mudarabah-based savings that you can open and operate using US Dollars and is therefore an excellent business tool for both individuals and corporate clients for meeting their business needs and for diversifying their investment in different foreign currencies to safeguard against currency fluctuations. Meezan Dollar Savings can be opened by Individuals and businesses including Sole Proprietorships, Partnerships and Limited Companies.
KEY FEATURES Minimum Deposit Minimum investment required to open an is $100 No Deductions No service charges if the balance maintained is low Profit Payment & Calculation Profit will be paid on monthly basis and calculated on daily basis Foreign Remittances Receive Foreign Remittances
EURO SAVINGS The Riba-free Euro Savings is a Mudarabah-based savings that you can open and operate using Euros and is therefore an excellent business tool for both individuals and corporate clients for meeting their business needs and for diversifying their investment in different foreign currencies to safeguard against currency fluctuations. Meezan Euro Savings can be opened by Individuals and businesses including Sole Proprietorships, Partnerships and Limited Companies.
KEY FEATURES Minimum Deposit Minimum investment required to open an is €100 Routine Withdrawals Routine withdrawals up to €500 per day allowed without prior intimation Prior Notice Withdrawals of above €500 needs 1-day prior notice Profit Payment & Calculation Profit will be paid on monthly basis and calculated on daily basis Foreign Remittances Receive Foreign Remittance No Deductions No service charges if the balance maintained is low
POUND SAVINGS S The Riba-free Pound Savings is a Mudarabah-based savings that you can open and operate using Pounds and is therefore an excellent business tool for both individuals and corporate clients for meeting their business needs and for diversifying their investment in different foreign currencies to safeguard against currency fluctuations. Meezan Pound Savings can be opened by Individuals and businesses including Sole Proprietorships, Partnerships and Limited Companies.
KEY FEATURES Minimum Deposit Minimum investment required to open an is £100 Routine Withdrawals Routine withdrawals up to £500 per day allowed without prior intimation Prior Notice Withdrawals of above £500 needs 1-day prior notice Profit Payment & Calculation Profit will be paid and calculated on a monthly basis Foreign Remittances Receive Foreign Remittances No Deductions No service charges if the balance maintained is low
SPECIAL SAVINGS S For the diverse savings needs of customers Meezan Bank offer four unique types of special savings s to meet various requirements of its customers.
MEEZAN BACHAT Meezan Bachat is a unique saving that provides high expected monthly returns with the flexibility to withdraw savings if needed. Meezan Bachat offers a higher expected rate of return with nearly the same convenience and service of a regular savings . Meezan Bachat can be opened by Salaried or Self-employed, Housewives and Retired individuals.
KEY FEATURES Low Minimum Investment Minimum deposit required to open an is Rs. 50,000/Free Internet Banking Free Internet Banking facility Profit Payment Profit payment is made to your Meezan Bank on a monthly basis. Profit Calculation Profit will be calculated on the Daily Product Basis Maximum Balance Limit Maximum balance limit for getting a higher profit weightage is Rs. 25,000,000/Free Online Banking Free Online Banking service at all Meezan Bank branches Lower Weightage A lower weightage will be applicable in the whole amount for profit calculation if the daily closing balance of the exceeds a specified threshold (currently Rs. 25,000,000/-)
MEEZAN LABBAIK SAVING ASAAN Meezan Labbaik Saving Asaan is an ideal deposit product for you if you are an individual saver and wish to save for your spouse, children, parents, etc. You can take benefit from this special Mudarabah based Deposit (available in six months to twenty years plan) for Umrah & Hajj where you will also be entitled for profit on the deposited amount, thus providing Customers a bigger incentive to save for Umrah/Hajj through Meezan Labbaik Saving Asaan. Meezan Labbaik Saving Asaan can be opened by Individuals.
KEY FEATURES Minimum Investment Minimum deposit required to open an is Rs. 1,000/Duration Labbaik Saving Plan is available for six (06) months to twenty (20) years Additional Deposits Customers can deposit additional amounts in order to complete the deposit amount and make the desired journey sooner Recurring Deposits Customers will deposit monthly contribution as per the deposit schedule plan Customer Choice After completion of the desired deposit amount, customers will have a right to travel with Meezan Bank or redeem their funds to go with an alternate company Withdrawal Schedule No pre-mature withdrawal schedule will be applied One , Many People Available for individuals, where customers can open a single / t with family 50% Redeem Customers may redeem 50% of the contribution as per defined procedure, one-time in the entire deposit tenure No Cheque Book or Card Labbaik Saving is a non-chequing , where no cheque book or VISA Debit Card will be issued
MEEZAN KIDS BANK Are you still not 12 years old? Then Meezan Bank has something very special for you; a chance of having your own Mudarabah-based Meezan Kids Club . You can now put all your pocket money, Eidi and all your other cash in this , where it will be safe and invested in line with Islamic principles. When you get this opened, you will get to learn a lot more about managing your savings. We will also make sure you have fun while learning to save the right way.
KEY FEATURES Minimum Investment Open your with Rs 500/- only Age Group Specifically, for kids under the age of 12 years Great Gifts Exciting gifts on opening Halal Profits Halal profit every month Kids Club Certificate Free personalized “Kids Club Certificate” Personalized Cheque book Personalized Cheque Book Personalized Debit Card Free first Visa Debit Card in different colors for boys and girls Internet and Online Banking Free Online Banking service and Internet Banking facility Upgrade a Meezan Teens Club after your 12th birthday
MEEZAN TEENS CLUB Meezan Teens Club is a Mudarabah- based relationship where you will be the Investor (Rabul-Maal) and the Bank will be the Manager (Mudarib). Your funds will be utilized by the Bank to provide Islamic financing to customers. Meezan Bank is a keen Socially Responsible Organization and realizing this responsibility, the Teens Club aims to provide a forum to teens where their maturing minds are groomed in a modern yet Islamic way. The Teens Club provides a blend of fun learning with special focus on character and value building.
KEY FEATURES Minimum Investment Open your with Rs. 1000/- only Age Group Specially for teens of 12 to 18 years of age Great Gifts Exciting gifts on opening Halal Profits Halal profit every month Teens Club Certificate Free personalized “Teens Club Certificate” Personalized Cheque book Personalized Cheque Book Personalized Debit Card Free first Visa Debit Card in different colors for boys and girls Internet and Online Banking Free Online Banking service and Internet Banking facility SMS Alerts SMS alerts on your transactions
MEEZAN ASAAN S You can open two types of asaan s with us, both in local currency.
ASAAN CURRENT For Customers with Limited Proof of Source of Income The Riba-free Meezan Asaan Current is another addition to the offerings of Meezan bank. Meezan Asaan opens the doors of banking products and services to those customers who have limited proof of source of income. The can be opened with just Rs. 100/- and a valid CNIC/ SNIC / port / National Identity Card for Overseas Pakistanis (NICOP) / Pakistan Origin Card (POC) / Alien Registration Card (ARC) issued by National Aliens Registration Authority (NARA) / Pension Book. (Meezan Asaan Current is meant for resident individuals having Pakistani nationality only)
KEY FEATURES Minimum Deposit Minimum investment required to open an is Rs. 100/Internet Banking Free Internet Banking facility Online Branch Banking Free Online banking service at all Meezan Bank branches Withdrawals Restriction on withdrawals amount above Rs. 500,000/Maximum Credit Balance Restriction on Maximum credit balance limit of Rs. 500,000/Visa Debit Card Globally accepted Meezan Visa Debit Card.
ASAAN SAVINGS For Customers with Limited Proof of Source of Income The Riba-free Meezan Asaan Savings is another addition to the offerings of Meezan bank. Meezan Asaan opens the doors of banking products and services to those customers who have limited proof of source of income. The can be opened with just Rs. 100/- and a valid CNIC/ SNIC / port / National Identity Card for Overseas Pakistanis (NICOP) / Pakistan Origin Card (POC) / Alien Registration Card (ARC) issued by National Aliens / Registration Authority (NARA) / Pension Book. (Meezan Asaan Savings is meant for resident individuals having Pakistani nationality only)
KEY FEATURES Minimum Deposit Minimum investment required to open an is Rs. 100/Internet Banking Free Internet Banking facility Profit Payment & Calculation Profit will be paid on monthly basis and calculated on daily basis Withdrawals Restriction on withdrawals amount above Rs. 500,000/Maximum Credit Balance Restriction on Maximum credit balance limit of Rs. 500,000/Visa Debit Card Globally accepted Meezan Visa Debit Card. Online Branch Banking Free Online banking service at all Meezan Bank branches
HOME REMITTANCE S Facilitate the Beneficiaries of Home Remittance You can open three types of Remittance s with us
EXPRESS CURRENT Designed to facilitate the beneficiaries of home remittance The Riba-free Meezan Express Current is another addition to the offerings of Meezan Bank. Meezan Express Current has been designed to facilitate the beneficiaries of home remittance and encourage them to use formal banking channels. The biggest advantage of Meezan Express Current s is, that it can be opened on the basis of a CNIC only* & there is NO WITHHOLDING TAX on cash withdrawals through cheque or ATM. and Conditions apply:
Meezan Express Current can be opened in PKR only
Outward Foreign remittances are not allowed from Meezan Current Express
Meezan Express Current can only be fed through home remittances, no other credits are allowed
Debit cards issued on Meezan Express Current s can only be used locally (Pay Pak Debit Cards)
KEY FEATURES Withdrawals No Restriction on withdrawals amount Internet Banking Free Internet Banking facility Online Branch Banking Free Online banking service at all Meezan Bank branches
EXPRESS SAVINGS Designed to facilitate the beneficiaries of home remittance Meezan Express Savings has been designed to facilitate the beneficiaries of home remittance and encourage them to use formal banking channels. The biggest advantage of Meezan Express Savings s is it can be opened on the basis of a CNIC only* & there is NO WITHHOLDING TAX on cash withdrawals through cheque or ATM. * and Conditions apply Meezan Express Savings can be opened in PKR only Outward Foreign remittances are not allowed from Meezan Express Savings Meezan Express Savings can only be fed through home remittances, no other credits are allowed Debit cards issued on Meezan Express Savings s can only be used locally (Pay Pak Debit Cards)
KEY FEATURES Withdrawals No Restriction on withdrawals amount Internet Banking Free Internet Banking facility Profit Payment & Calculation Profit will be paid on monthly basis and calculated on daily basis Online Branch Banking Free Online banking service at all Meezan Bank branches
SMART REMITTANCE WALLET Receive Remittance in Your Wallet & Stay Connected with Loved ones Smart Remittance Wallet is a digital transformation for receiving home remittance in fast, secure and convenient manner. Smart Remittance Wallet is a unique wallet with a saving facility. It allows our customers to receive remittance directly in their and get free air time of PKR 2 against each dollar received. Smart Remittance Wallet also gives good profit rates on savings, with the flexibility to use the money at any time. Biometric facility will also allow customers to withdraw cash from Meezan Bank branches. The Smart Remittance Wallet holder can keep balance up to PKR 1.5 million. and Conditions apply
Smart Remittance Wallet can be opened in PKR only
Outward Foreign remittances are not allowed from Smart Remittance Wallet
Smart Remittance Wallet can only be fed through home remittance, no other credits are allowed
Debit cards issued on Smart Remittance Wallet can only be used locally (PayPak Debit Cards)
KEY FEATURES Instant opening Instant opening via biometric Free airtime Receive remittance and get free airtime of Rs. 2 against each dollar Biometric scanning Cash withdrawal from any Meezan branch by biometric scanning Minimum deposit No requirement of minimum deposit Maximum balance Maximum balance worth PKR 1.5 million allowed Internet and Online Banking Free internet and mobile banking services Withdrawals No withholding tax on withdrawals Profit Monthly disbursement of profit