Meezan Bachat Account is a unique saving account that provides high monthly returns with the flexibility to withdraw savings if needed. Thus Meezan Bachat Account offers a higher expected rate of return with the convenience of a savings account. 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. Features of Meezan Bachat Account - Meezan Bachat Account can be opened by individuals only included:
- Salaried person
- Self-employed person
- Housewives
- Retired person
- Minimum investment required to open an account is Rs. 25,000/-
- Maximum balance limit for getting a higher profit weightage is Rs. 1,000,000/-
- Profit will be calculated on the minimum monthly balance maintained during a month
- Profit payment is made to your Meezan Bank account on a monthly basis.
- Waiver of application fee for Car Ijarah & Easy Home for accounts with minimum balance of Rs. 500,000/-
Other Features - Visa Debit Card
- SMS Alert services on all transactions in your account
- Free Online Banking services at more than 200 branches of Meezan Bank across the country
- Free Internet Banking facility
- Personal Banking consultancy
- 24/7 Call Center with complete phone banking services
- 8am to 8pm Banking at selected branches
What do I need to open an account? Just fill in our Account Opening Form, print it out, and provide it with the required documents. This is all that you need to open a Meezan Bachat Account with us and enjoy our personalized banking services. Make an appointment with our officer to assist you in account opening or call our 24/7 Call Center to answer any of your queries. |