- An Islamic account can be opened in Euro currency only
- This is non-profit bearing account
- Minimum deposit of 100 Euro are required for account opening
- 1 day prior notice is required on withdrawal of above 500 Euro
Benefits
- Free checkbook and Internet Banking
- No service charges if the balance maintained is low
- Receive direct foreign remittance in your Euro account
- On keeping average balance of Rs. 10,000 or equivalent avail Rs. 1 million Takaful coverage
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
Yes, you can earn a certain profit or interest on your foreign currency deposits as long as it is a foreign currency savings account rather than a current account.
Yes, if a foreign currency account is of type savings, you will receive a profit on your balance on regular intervals such as 3 months, 6 months and 12 months.
Other Details
Best Suitabe For
Day to day transactions
Target Age Group
21 - 60 years
Interest Rate / Profit Rate
0%
Interest Calculation Frequency
-
Profit Payment Frequency
-
Currency of Account
USD, GBP, EUR
Free ATM / Debit Card?
ATM Card Network
-
Free Cheque Book?
Manage with App?
Branch Banking
Online Banking?
Other Bank Accounts from Meezan Bank
Meezan Bank Rupee Current Account
APR
0%
Open Account with
Rs.
1,000
An account that provides you simplest way to enjoy Islamic banking services