Experience a new level of banking with the Meezan Plus Account, designed to meet all your financial needs. This comprehensive, current remunerative account is based on the Islamic principle of Mudarabah and is ideal for Individuals, Sole Proprietorships, Partnerships, and Companies.
Enjoy added benefits and a rewarding banking experience by maintaining a monthly average balance of Rs. 200,000 or more. With Meezan Plus, your banking goes beyond transactions - it becomes an elevated experience.
Following waivers can be availed by Meezan Plus account holders who maintain a monthly average balance of Rs. 200,000 or above**:
**System will check the monthly average balance of Rs. 200,000/- of the previous month only before applying the above charges. For example: If the annual fee of the card is applicable in the month of May, 2025, the system will check the average balance of April, 2025 only. In the first month of opening an account, customer will be eligible for the waiver of the above services if the account balance is at least Rs. 200,000/- at the time of the transaction.
Upon agreeing to become a Meezan Plus 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 deposited funds. The Bank allocates these funds to a deposit pool; which is then utilized to provide financing to customers through Islamic modes, including but not limited to Murabaha, Ijarah, Istisna, and Diminishing Musharakah.
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 Plus Account | Monthly | 0.01 |
Products | Tenure | Profit Assigned |
---|---|---|
Meezan Plus Account | Monthly | 0.23% |
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 FormYou may visit any branch of Meezan Bank and our staff will assist you in filling the printed Account Opening Form and opening your account.
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