اردو
Asaan Remittance Account

If you found this page informative, share it now!

Meezan Asaan Remittance Account

Meezan Asaan Remittance Account is a specialized banking solution designed to provide remittance beneficiaries with a secure and convenient way to receive funds. It is available in both Current and Savings accounts, allowing beneficiaries to deposit their remittances directly into their bank accounts instead of collecting cash over the counter. With higher transaction limits and seamless accessibility, it promotes financial inclusion while ensuring safety and ease of use.

NOTE: Resident Pakistanis having valid Identity Document i.e., CNIC, are eligible for only one Meezan Asaan Remittance Account. This account is exclusively available to new customers.

Key Features & Benefits

  • Meezan Asaan Remittance Account is available in PKR currency only and can be opened as either a Current or Savings account
  • No initial deposit requirement
  • Maximum credit balance limit: PKR 3,000,000*
  • Daily cash withdrawal limit: PKR 500,000
  • Daily fund transfer limit: PKR 500,000
  • Monthly local credit limit: PKR 1,000,000
  • Profit is calculated daily and paid monthly (applicable to Savings Account only)
  • Free online banking, free Pay Orders, Free Internet and Mobile Banking
  • Free cheque book (for Current Account only)

* Foreign remittances of a personal nature allowed up to PKR 3,000,000 per month (commercial remittances not allowed)

How does Meezan Asaan Remittance Account work?

Meezan Asaan Remittance Account is offered in both current & savings accounts under the Islamic concept of Qard & Mudarabah.

Mudarabah Basis

On agreeing to become a Pak Rupee Account holder, the customer enters into a relationship based on Mudarabah with Meezan Bank. Under this relationship, the customer is an Investor (Rab-ul-Maal) and the Bank is the Manager (Mudarib) of the funds deposited by the customers. The Bank allocates the funds received from the customers to a deposit pool; funds from the pool are utilized to provide financing to customers under Islamic modes that include, but are not restricted to Murabaha, Ijarah, Istisna and Diminishing Musharakah.

Qard Basis

Current Account (Pak Rupee) is based on Qard contract. The Bank can use these funds for investment and other purposes. This account allows you the peace of mind of having your money safely deposited with a bank with the additional assurance that the Bank is not investing your money in activities that contravene Shariah principles.

Want to Open a Asaan Remittance Account?

Download, Print, Fill Form

PDF version of our printed Account Opening Form is also available for download. You can print the form, fill your details and submit it along with the required documents at your preferred branch.

Download Form

Visit a Branch

You may visit any branch of Meezan Bank and our staff will assist you in filling the printed Account Opening Form and opening your account.

Locate a Branch

Get Contacted

Fill out the form below to be contacted by a Meezan Bank representative.

Get Contacted

Get contacted by our representative!

Fill out the form below and you'll be guided about how you can open your new account.

Name *
Email
Phone Number *
City *
Nearest branch *