With a Meezan Bachat Account, you are entitled for a higher the profit with a higher account balance. You receive profit even if your balance falls below Rs. 25,000/- in any month. Profit is credited to your account every month and is calculated with reference to the minimum balance maintained in the account during the preceding month.
The Riba-Free Meezan Bachat Account works under the principles of Mudarabah and is strictly in conformity with the rules of Islamic Shariah. Profit calculation and all banking transactions are in strict adherence to the Islamic Shariah, monitored by our Shariah Advisor and the Shariah Supervisory Board.
Key Features
Enjoy a range of valuable features including:
- Halal & High Competitive returns
- Profit payment on monthly basis open for individuals only
- Minimum balance for account opening is just Rs.25,000/-
- Maximum balance limit for getting highest profit rate is Rs. 1,000,000/-
- Waiver of application fee for Car Ijarah & Easy Home for accounts with minimum balance of Rs. 500,000
- Free Realtime Online Banking services at all Meezan Bank branches nationwide
- Free bank balance certificates.
- Free Visa Debit Card.
- 24/7 Call Center with complete Phone-banking services
- 24/7 Internet Banking – free and instant access to your account(s) anytime & anywhere
- Personal financial consultancy services.
- Specialized 8 to 8 Banking at selected branches
