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It’s Never too Early to Save!

Are you still not 12 years old? Then Meezan Bank has something very special for you; a chance of having your own Mudarabah-based Meezan Kids Club Account. You can now put all your pocket money, Eidi and all your other cash in this account, where it will be safe and invested in line with Islamic principles.When you get this account opened, you will get to learn a lot more about managing your savings. We will also make sure you have fun while learning to save the right way.

Key Features

Free and Personalized Chequebook

No charges on issuance of chequebook

Free Pay Orders

Free Pay Orders

Minimium Investment

Open your account with Rs 500/- only

Profit

Higher Expected Returns

Age Group

Specifically for kids under the age of 12 years

Great Gifts

Exciting gifts on account opening

Halal Profits

Halal profit every month

Personalized Debit Card

Free* Visa** Debit Card in different colors for boys and girls

Internet and Online Banking

Free Online Banking service and Internet Banking facility

SMS Alerts

SMS alerts on your transactions

Upgrade Account

Upgrade to a Meezan Teens Club Account after your 12th birthday


* FREE for first issuance only Annual fee for subsequent years will be applicable as per SOC
** Paypak Card also available on this account, however charges will be applicable as per SOC

How the Kids Club Account Works

Download Fatwa

On agreeing to become a Meezan Kids Club 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 Musharkah.

Profit Sharing Ratio

Bank will share 50% of Gross Income as Mudarib

Depositor will share 50% of Gross Income as Rab-ul-Maal

Weightages
Weightages for the Month of October 2024
ProductsTier GroupsWeightage Assigned
Meezan Kids Club AccountMonthly0.58
Consolidated Weightages
Profit Rates
Profit Rates for the Month of September 2024
ProductsTenureProfit Assigned
Meezan Kids Club AccountMonthly13.64%
Profit Rates
Historical Profit Rates

Want to Open a Kids Club 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.

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