Meezan Labbaik Saving Asaan Account
(Rs)
(Rs)
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Features
- Profit payment frequency is on monthly basis
- Premature withdrawal option is not available
- Account can be opened for 6 months to 20 years by the single persons or joint family members
- An Islamic savings account
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Benefits
- Joint account facility is available for family members
- Travel with Meezan bank on completion of funds in Labbaik account for Umrah/Hajj
- In deposit tenure customer can redeem 50% contribution one time
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Eligibility
Individual:
- Age Limit: 18 - 65 years
- Documents required: CNIC, Proof on income -
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
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Best Suitabe For
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Target Age Group
18 - 65 years
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Interest Rate / Profit Rate
18.17%
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Interest Calculation Frequency
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Profit Payment Frequency
Monthly
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Currency of Account
PKR
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Free ATM / Debit Card?
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ATM Card Network
Card Not Available
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Free Cheque Book?
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Manage with App?
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Branch Banking
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Online Banking?
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