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Meezan Asaan Savings Account

The Riba-free account that offers you best services with Takaful coverages


Minimum Balance Required (Rs)
No Requirement
Minimum Amount Required (Rs)
100
Daily Withdrawal Limit
(Rs)
Annual Fee
(Rs)
1,000
Allowed Monthly Transactions
-

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  • Features

    - Profit payment frequency is on monthly basis

    - Withdrawals and credit balance limit amount Rs. 500,000/-

    - Profit rate depends on the deposited amount and the term length

    - An Islamic savings account

  • Benefits

    - Profit is calculated on average daily balance

    - On keeping a monthly average balance of Rs. 10,000 avail following services

    - Free Takaful coverage up to Rs. 1 million (Accidental Death)

    - Free ATM takaful coverage up to card limit

  • Eligibility

    Salaried Person: 
    - Age Limit: 21 - 60 years 
    - Documents required: CNIC,  Proof of employment,

    Self-Employed / Businessmen:
    - Age Limit: 21 - 65 years 
    - Documents required: CNIC, Proof of business, Letter of sole proprietorship / NTN certificate of business

  • FAQ

    A savings account offers the easiest way to keep some of your money aside and earning interest or profit on that amount on regular basis.
    Yes, a savings account just like any other bank account allows you to conduct banking transactions. You also get access to ATM card, cheque book and online banking facility along with a savings account.
    Yes, normally the profit earned through a savings account is taxed at the source and deducted by the Bank before paying the remaining amount to you.
    No, there is no limit and you can withdraw your funds from your account any time. The profit is always paid on the amount that was present in your account during a certain period.

Other Details

  • Best Suitabe For

    Day to day savings

  • Target Age Group

    21 - 65 years 

  • Interest Rate / Profit Rate

    18.17%

  • Interest Calculation Frequency

    Daily

  • Profit Payment Frequency

    Monthly

  • Currency of Account

    PKR

  • Free ATM / Debit Card?

  • ATM Card Network

    VISA

  • Free Cheque Book?

  • Manage with App?

  • Branch Banking

  • Online Banking?