Meezan Teens Club Account
(Rs)
(Rs)
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Features
- Profit payment frequency is on monthly basis
- Quick and easy process for account opening
- Specially designed for kids between 12 to 18 years of age
- Get SMS alerts on transactions
- An Islamic savings account
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Benefits
- FREE chequebook, pay orders internet and mobile banking
- FREE teen club certificate from Meezan Bank
- FREE first stylish Visa debit card
- On keeping average balance of Rs. 10,000 avail Rs. 1 million Takaful coverage
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Eligibility
Individual:
- Age Limit: 12 to 18 years -
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
Day to day savings
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Target Age Group
12 - 18 years
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Interest Rate / Profit Rate
15.95%
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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
VISA
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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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