Meezan Rupee Saving Account can be opened by Individuals and businesses including Sole Proprietorships, Partnerships and Limited Companies.
Freelancers can also open this account, subject to satisfactory proof of income document.
* No initial deposit would be required for opening of accounts for
(i) Mustahkeen of Zakat
(iii) Employees of Government or semi-Government institutions for salary and pension purposes (including widows/children of deceased employees eligible for family pension/benevolent fund grant, etc.)
On agreeing to become a Rupee Saving 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.
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|
|Rupee Saving Account||Monthly||0.40|
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
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
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Our representative will call you within 2 working days.
Fill out the form below and you'll be guided about how you can open your new account.