Meezan Bank Profit Rates
Meezan Bank Profit Rates
Meezan Bank Profit Rates
(Profit Rates are "Per Annum" basis and Declared on Monthly basis) - Updated on November 01, 2019
Rupee Savings Account: Meezan Asaan Savings Account: Labbaik Savings Account: Meezan Business Plus Account: Meezan Kids & Teens Accounts: Meezan Kafalah Account:
Profit Payment Profit Rate Profit Payment Profit Rate Profit Payment Profit Rate Profit Payment Profit Rate Profit Payment Profit Rate Profit Payment Profit Rate
Monthly 7.06% Monthly 7.06% Monthly 7.06% Monthly 0.17% Monthly 7.22% Monthly 8.23%
* Monthly Profit Payment * Monthly Profit Payment * Monthly Profit Payment * Profit eligibility from Re. 1 * Monthly Profit Payment * Monthly Profit Payment
* Profit eligibility from Re. 1 * Profit eligibility from Re. 1 * Profit eligibility from Re. 1 * Free Cheque Books, Pay Orders, Inter-city clearing, * Profit eligibility from Re. 1 * Profit eligibility from Re. 1
* Profit calculation on daily balance * Profit calculation on daily balance * Profit calculation on daily balance Visa Debit Card, SMS Alerts, Hold Mail facility, etc. on * Minimum Investment Rs. 500 for Kids & * Profit calculation on daily balance
* Account opening with Rs. 100 * Minimum Investment Rs. 100 * Minimum Investment Rs. 1,000 maintenance of monthly average balance of Rs. 25K Rs. 1,000 for Teens account * Minimum Investment Rs. 2,000
Certificate of Islamic Investment (COII): 1.5 Years, 2 Years, 3 Years & 5 Years COII for Islamic Financial Institutions (IFIs)
1.5 Years 2 Years 3 Years 5 Years Tenure 1 Month 3 Months 6 Months 1 Year
Monthly Monthly Quarterly Maturity Monthly Quarterly Maturity Monthly Quarterly Maturity Profit Payment Maturity Monthly Monthly Monthly
12.26% 12.26% 12.26% 12.26% 12.26% 12.26% 12.26% 12.26% 12.26% 12.26% Profit Rate - - - -
Minimum Investment Rs. 200 Million. Profit Payment Monthly
MMC & COII Meezan Amdan Certificate (MAC) Islamic Long Term Financing Facility
Tenure 1 Month 3 Months 6 Months 1 Year Minimum Investment: Rs. 100,000/- (ILTFF)
Profit Payment Maturity Maturity Maturity Monthly Quarterly Maturity Profit Payment on Monthly basis
Profit Payment
Rs. 50K to 0.99M 7.73% 8.06% 8.23% 9.41% 9.41% 9.91% Tenure 5.5 Years 7 years Profit Rate
(Quarterly)
Profit Rate 12.26% 12.43%
Rs. 1M to 9.99M 8.23% 8.40% 8.74% 10.25% 10.08% 10.75%
3 Years-Tex 3.53%
Rs. 10M to 49.99M 8.90% 9.24% 9.41% 10.42% 10.42% 10.92% Meezan Amdan Certificate (MAC) Senior 5 Years- Tex 2.52%
Rs. 50M to 99.99M 9.41% 9.74% 9.91% 10.75% 10.58% 11.26% Minimum Investment: Rs. 50,000/- 10 Years- Tex 2.02%
Profit Payment on Monthly basis 3 Years- NonTex 4.54%
Rs. 100M to 499.99M 12.26% 12.26% 12.43% 12.26% - 12.94%
Tenure 5.5 Years 7 years 5 Years- NonTex 3.53%
Rs. 500M to 999.99M 12.26% 12.43% 12.43% - - 12.94% Profit Rate 12.43% 12.94% 10 Years- NonTex 3.02%
Rs. 1B to 4.99B 12.43%
12.43% 0.00% - - -
Rs. 5B & Above 13.44%