Experience effortless banking with Meezan Asaan Student Account – designed exclusively for students aged 18-24. Open your account digitally through Meezan Digital Account Opening App without the hassle of visiting a branch and enjoy seamless banking experience.
The account is available in Pak Rupee only and can be opened as either a Current or Savings Account.
With incredible perks, free services and exclusive discounts, the product is specially tailored to your student lifestyle.
Download Account Opening App
Tap on 'Open a Bank Account'
Choose the Asaan Student Account
Access your account anytime, anywhere conveniently with your Meezan Student Debit Card! Your Meezan Student Debit Card offers you unparalleled convenience. Unlock a suite of exclusive discounts, benefits and privileges designed specifically to complement your preferences.
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A Valid CNIC issued by NADRA
Proof of Studentship (Student ID, Fee Voucher, etc.)
A SIM Card registered in your name
Meezan Asaan Student Account is offered in both current & savings accounts under the Islamic concept of Qard & Mudarabah.
PKR Savings Account
Bank will share 50% of Gross Income as Mudarib
Depositor will share 50% of Gross Income as Rab-ul-Maal
| Products | Tier Groups | Weightage Assigned |
|---|---|---|
| Meezan Asaan Student Account | Monthly | 0.45 |
| Products | Tenure | Profit Assigned |
|---|---|---|
| Meezan Asaan Student Account | Monthly | 7.00% |
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.
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.