loading

Meezan Certificate of Islamic Investment

Avail Riba free returns on your short and long term fixed investment


Minimum Balance Required (Rs)
50,000
Minimum Amount Required (Rs)
50,000
Daily Withdrawal Limit
(Rs)
Annual Fee
(Rs)
0
Allowed Monthly Transactions
-

View Phone Number
  • Features

    - The funds can be fixed for 3 months 6 months and 1 year

    - Profit payment frequency is on monthly, and maturity basis

    - Interest rate varies from 11.56% to 18.17% based on the deposited amount and the term length

    - An Islamic Fixed Deposit account

  • Benefits

    - Premature withdrawal facility is available

    - Profit is calculated on average deposit balance

    - Only Rs. 50,000 initial Investment is required to get profit

    - Higher the deposit, higher the returns will be

  • Eligibility

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

    Self-Employed / Businessmen:
    - Age Limit: 21 - 65 years 
    - Documents required: CNIC, Proof of Business 

  • FAQ

    Anyone who is a Pakistani resident individual, private and public limited companies, can use a term/fixed deposits account.
    You can use a fixed deposit account from 1 month up to 10 years of length. The profit rate will also be better if you deposit it for longer time periods.
    Yes, you can ask the bank to pay the profit on a monthly basis however the rate of interest or profit rate will only be charged or calculated on annual basis.
    Yes, you can withdraw your funds from your fixed term bank account however some banks may charge a penalty or a fee for early withdrawals than a fixed maturity date.

Other Details

  • Best Suitabe For

    Short and long term savings

  • Target Age Group

    21 - 60 years

  • Interest Rate / Profit Rate

    18.17%

  • Interest Calculation Frequency

    Monthly

  • Profit Payment Frequency

    Monthly

  • Currency of Account

    PKR

  • Free ATM / Debit Card?

  • ATM Card Network

    VISA / MasterCard

  • Free Cheque Book?

  • Manage with App?

  • Branch Banking

  • Online Banking?