CONTENTS

CURRENT ACCOUNTS ............................................................................................................................. 3

RUPEE CURRENT ACCOUNT................................................................................................................ 3
KEY FEATURES................................................................................................................................. 3
DOLLAR CURRENT ACCOUNT ............................................................................................................. 4
KEY FEATURES................................................................................................................................. 4
EURO CURRENT ACCOUNT ................................................................................................................. 4
KEY FEATURES................................................................................................................................. 4
POUND CURRENT ACCOUNT .............................................................................................................. 5
KEY FEATURES................................................................................................................................. 5
SAVINGS ACCOUNT ................................................................................................................................ 6
RUPEE SAVINGS ACCOUNT ................................................................................................................ 6
KEY FEATURES................................................................................................................................. 6
DOLLAR SAVINGS ACCOUNT .............................................................................................................. 7
KEY FEATURES................................................................................................................................. 7
EURO SAVINGS ACCOUNT .................................................................................................................. 7
KEY FEATURES................................................................................................................................. 7
POUND SAVINGS ACCOUNTS ............................................................................................................. 8
KEY FEATURES................................................................................................................................. 8
SPECIAL SAVINGS ACCOUNTS ................................................................................................................ 9
MEEZAN BACHAT ACCOUNT .............................................................................................................. 9
KEY FEATURES................................................................................................................................. 9
MEEZAN LABBAIK SAVING ASAAN................................................................................................... 10
KEY FEATURES............................................................................................................................... 10
MEEZAN KIDS BANK ACCOUNT ........................................................................................................ 11
KEY FEATURES............................................................................................................................... 11
MEEZAN TEENS CLUB ACCOUNT ...................................................................................................... 12
KEY FEATURES............................................................................................................................... 12
MEEZAN ASAAN ACCOUNTS ................................................................................................................ 13
ASAAN CURRENT ACCOUNT............................................................................................................. 13
KEY FEATURES............................................................................................................................... 13
ASAAN SAVINGS ACCOUNT.............................................................................................................. 14
KEY FEATURES............................................................................................................................... 14
HOME REMITTANCE ACCOUNTS .......................................................................................................... 15
EXPRESS CURRENT ACCOUNT .......................................................................................................... 15
KEY FEATURES............................................................................................................................... 15
EXPRESS SAVINGS ACCOUNT ........................................................................................................... 16
KEY FEATURES............................................................................................................................... 16
SMART REMITTANCE WALLET.......................................................................................................... 17
KEY FEATURES............................................................................................................................... 17
 MEEZAN BANK ACCOUNTS
Meezan Bank offers the largest range of Riba-free Deposit accounts for Personal Banking. We can
choose from their Current and Savings accounts, Special savings accounts, Meezan asaan accounts
or Meezan express accounts.

CURRENT ACCOUNTS
RUPEE CURRENT ACCOUNT
Meezan Current Account is a Rupee-based current account that provides you the convenience of
putting your money in a Riba-free account and accessing it without any restrictions on withdrawal
while enjoying a host of professional conveniences from Meezan Bank.

Meezan Current Account can be opened by Individuals, Sole-Proprietorships, Partnerships and

Limited Companies.

KEY FEATURES
Minimum Investment

Minimum Investment for Opening a Rupee Current Account 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 Account

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 ACCOUNT
Meezan Bank allows us to open current account in US Dollar.

KEY FEATURES
Minimum Deposit

Minimum deposit required to open an account 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 ACCOUNT

Meezan Bank also allows us to open current account in Euro.

KEY FEATURES
Minimum Deposit

Minimum deposit required to open an account 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 ACCOUNT
Meezan Bank also allows us to open current account in GBP.

KEY FEATURES
Minimum Deposit

Minimum deposit required to open an account 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 ACCOUNT
Meezan Bank allows its customers to open four different types of savings accounts, both in local and
foreign currency.

The Riba-free Rupee Saving Account is a basic banking account for every customer's need. The
account provides expected monthly returns along with a variety of free packaged benefits.

RUPEE SAVINGS ACCOUNT

Meezan Rupee Saving Account 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 ACCOUNT
The Riba-free Dollar Savings Account is a Mudarabah-based savings account 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 Account can be opened by Individuals and businesses including Sole
Proprietorships, Partnerships and Limited Companies.

KEY FEATURES
Minimum Deposit

Minimum investment required to open an account 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 ACCOUNT

The Riba-free Euro Savings Account is a Mudarabah-based savings account 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 Account can be opened
by Individuals and businesses including Sole Proprietorships, Partnerships and Limited Companies.

KEY FEATURES
Minimum Deposit

Minimum investment required to open an account 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 ACCOUNTS
The Riba-free Pound Savings Account is a Mudarabah-based savings account 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 Account can be opened by Individuals and businesses including Sole
Proprietorships, Partnerships and Limited Companies.

KEY FEATURES
Minimum Deposit

Minimum investment required to open an account 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 ACCOUNTS
For the diverse savings needs of customers Meezan Bank offer four unique types of special savings
accounts to meet various requirements of its customers.

MEEZAN BACHAT ACCOUNT

Meezan Bachat Account is a unique saving account that provides high expected monthly returns
with the flexibility to withdraw savings if needed. Meezan Bachat Account offers a higher expected
rate of return with nearly the same convenience and service of a regular savings account.

Meezan Bachat Account can be opened by Salaried or Self-employed, Housewives and Retired
individuals.

KEY FEATURES
Low Minimum Investment

Minimum deposit required to open an account is Rs. 50,000/-

Free Internet Banking

Free Internet Banking facility

Profit Payment

Profit payment is made to your Meezan Bank account 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 account 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 account (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 Account can be opened by Individuals.

KEY FEATURES
Minimum Investment

Minimum deposit required to open an account 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 Account, Many People

Available for individuals, where customers can open a single / joint account with family members

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 Account is a non-chequing account, where no cheque book or VISA Debit Card will be
issued
MEEZAN KIDS BANK ACCOUNT
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 Account. You can now put all your pocket
money, Eidi and all your other cash in this account, where it will be safe and invested in line with
Islamic principles. When you get this account 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 account with Rs 500/- only

Age Group

Specifically, for kids under the age of 12 years

Great Gifts

Exciting gifts on account 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 Account

Upgrade to a Meezan Teens Club Account after your 12th birthday

MEEZAN TEENS CLUB ACCOUNT
Meezan Teens Club Account is a Mudarabah- based relationship where you will be the Investor (Rab-
ul-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 Account aims to provide a forum to teens where their maturing minds are groomed in a
modern yet Islamic way. The Teens Club Account provides a blend of fun learning with special focus
on character and value building.

KEY FEATURES
Minimum Investment

Open your account with Rs. 1000/- only

Age Group

Specially for teens of 12 to 18 years of age

Great Gifts

Exciting gifts on account 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 ACCOUNTS
You can open two types of asaan accounts with us, both in local currency.

ASAAN CURRENT ACCOUNT

For Customers with Limited Proof of Source of Income

The Riba-free Meezan Asaan Current Account is another addition to the offerings of Meezan bank.
Meezan Asaan Account opens the doors of banking products and services to those customers who
have limited proof of source of income. The account can be opened with just Rs. 100/- and a valid
CNIC/ SNIC / Passport / 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 Account is meant for resident individuals having Pakistani nationality only)

KEY FEATURES
Minimum Deposit

Minimum investment required to open an account 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 ACCOUNT
For Customers with Limited Proof of Source of Income

The Riba-free Meezan Asaan Savings Account is another addition to the offerings of Meezan bank.
Meezan Asaan Account opens the doors of banking products and services to those customers who
have limited proof of source of income. The account can be opened with just Rs. 100/- and a valid
CNIC/ SNIC / Passport / 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 Account is meant for resident individuals having Pakistani nationality only)

KEY FEATURES
Minimum Deposit

Minimum investment required to open an account 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 ACCOUNTS
Facilitate the Beneficiaries of Home Remittance

You can open three types of Remittance accounts with us

EXPRESS CURRENT ACCOUNT

Designed to facilitate the beneficiaries of home remittance

The Riba-free Meezan Express Current Account is another addition to the offerings of Meezan Bank.
Meezan Express Current Account 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 Accounts 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.

Terms and Conditions apply:

 Meezan Express Current account can be opened in PKR only

 Outward Foreign remittances are not allowed from Meezan Current Express account

 Meezan Express Current account can only be fed through home remittances, no other
credits are allowed

 Debit cards issued on Meezan Express Current accounts 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 ACCOUNT
Designed to facilitate the beneficiaries of home remittance

Meezan Express Savings Account 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 Accounts is it can be opened on the basis of a CNIC only* & there is NO
WITHHOLDING TAX on cash withdrawals through cheque or ATM.

*Terms and Conditions apply

Meezan Express Savings account can be opened in PKR only

Outward Foreign remittances are not allowed from Meezan Express Savings account

Meezan Express Savings account can only be fed through home remittances, no other credits are
allowed

Debit cards issued on Meezan Express Savings accounts 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 account with a saving facility. It
allows our customers to receive remittance directly in their account 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.

Terms 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 account opening

Instant account 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