Profit Rates
Profit Rates
Product Profit Payment/ Tiers Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23
Rupee Saving Account(SA) Monthly 6.50% 6.50% 6.50% 6.50% 6.50% 7.00% 7.00% 7.51% 8.00% 8.50% 10.00% 10.00% 10.00%
Meezan Roshan Digital Account (PKR) Monthly 6.50% 6.50% 6.50% 6.50% 6.50% 7.00% 7.00% 7.51% 8.00% 8.50% 10.00% 10.00% 10.00%
Smart Remittance Wallet Monthly 6.50% 6.50% 6.50% 6.50% 11.50% 11.54% 11.55% 11.91% 12.49% 13.90% 16.01% 16.00% 16.00%
Meezan Smart Wallet Monthly 6.50% 6.50% 6.50% 6.50% 11.50% 11.54% 11.55% 11.91% 12.49% 13.90% 16.01% 16.00% 16.00%
Smart Asaan Mobile Account Monthly 6.50% 6.50% 6.50% 6.50% 11.50% 13.12% 13.13% 13.37% 14.05% 13.90% 16.01% 16.00% 16.00%
Meezan Express Saving Account (MEX) Monthly 8.50% 8.50% 8.50% 8.50% 10.50% 10.50% 10.50% 10.99% 11.51% 11.82% 14.00% 14.00% 14.00%
Meezan Asaan Saving Account Monthly 8.50% 8.50% 8.50% 8.50% 11.50% 12.59% 12.60% 13.01% 13.46% 13.90% 16.01% 16.00% 16.00%
Labbaik Saving Aasaan Monthly 8.50% 8.50% 8.50% 8.50% 12.50% 12.59% 12.60% 13.01% 13.46% 13.90% 16.01% 16.00% 16.00%
Meezan Kids Club Account /Meezan Teens Club Account Monthly 10.67% 10.50% 10.50% 10.50% 12.50% 12.59% 12.60% 13.01% 13.46% 13.90% 15.01% 15.00% 15.00%
Meezan Senior Citizen Account Monthly N/A N/A N/A N/A 10.17% 13.12% 13.13% 13.37% 14.05% 14.93% 15.01% 15.00% 15.00%
Meezan Women First Account Monthly N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 15.01% 15.00% 15.00%
3 Years Quarterly
- - - - - - - - - - - - -
(Textile Sector)
3 Years Quarterly
4.34% 5.00% 4.83% 4.84% 4.83% 4.90% 4.90% 4.95% 5.07% 4.98% 5.25% 5.25% 5.50%
(Non-Textile Sector)
5 Years Quarterly
Islamic Long Term Financing Facility (ILTFF) 2.50% 3.00% 3.00% 3.00% 3.00% 3.15% 3.15% 3.11% 2.93% 2.90% 3.00% 3.00% 3.25%
(Textile Sector)
5 Years Quarterly
3.50% 4.17% 4.17% 4.17% 4.17% 4.20% 4.20% 4.03% 2.93% 2.90% 3.00% 3.00% 3.25%
(Non-Textile Sector)
10 Years Quarterly
2.00% 2.67% 2.67% 2.67% 2.67% 2.62% 2.63% 2.56% 2.34% 2.28% 2.50% 2.50% 2.50%
(Textile Sector)
10 Years Quarterly
2.83% 3.50% 3.50% 3.50% 3.50% 3.50% 3.50% 3.48% 2.34% 2.28% 2.50% 2.50% 2.50%
(Non-Textile Sector)
Islamic Temporary Economic Refinance Facility (ITERF) Quarterly 1.00% 1.00% 1.00% 1.00% 1.00% 1.05% 1.05% 0.92% 0.98% 1.04% 1.00% 1.00% 1.00%
IFRE-Category I 3.00% 3.00% 3.00% 3.00% 3.00% 2.97% 2.98% 2.93% 2.93% 2.90% 3.00% 3.00% 3.00%
Islamic Financing Facility for Renewable Energy (IFRE) IFRE-Category II 2.00% 2.00% 2.00% 2.00% 2.00% 2.10% 1.93% 2.01% 1.95% 2.07% 2.00% 2.00% 2.00%
IFRE-Category III 3.00% 3.00% 3.00% 3.00% 3.00% 2.97% 2.98% 2.93% 2.93% 2.90% 3.00% 3.00% 3.00%
Active Tax Payer SME Clients
0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.18% - - - - - -
(Quarterly)
Non-active Tax Payer SME Clients
- - - - - - - - - - - - -
(Quarterly)
Islamic Refinance Scheme for Payment of Wages & Salaries Active Tax Payer Corporate &
commercial clients 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.18% - - - - - -
(Quarterly)
Non-active Tax Payer Corporate &
- - - - - - - - - - - - -
commercial clients (Quarterly)
MORA (SA) - Category I - - - - - - - - - - - - -
MORA (SA) - Category II 9.00% 9.00% 9.00% 9.00% 9.00% - - - - - - - -
MORA Saving Account (MORA-SA)
MORA (SA) - Category III - - - - - - - - - - - - -
MORA (SA) - Category IV - - - - - - - - - - - - -
Meezan Digi Asaan Account (Digital Onboarding) Monthly 8.50% 8.50% 8.50% 8.50% 12.00% 12.07% 12.08% 12.46% 13.07% 13.90% 16.01% 16.00% 16.00%
Meezan Digi Remittance Account (Digital Onboarding) Monthly 6.50% 6.50% 6.50% 6.50% 12.00% 12.07% 12.08% 12.46% 13.07% 13.90% 16.01% 16.00% 16.00%
Meezan Digi Freelancer Account (Digital Onboarding) Monthly 6.50% 6.50% 6.50% 6.50% 12.00% 12.07% 12.08% 12.46% 13.07% 13.90% 16.01% 16.00% 16.00%
Meezan Business Plus Monthly 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.18% 0.18% 0.20% 0.21% 0.25% 0.25% 0.25%
Margin Account Monthly 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.18% 0.18% 0.20% 0.21% 0.25% 0.25% 0.25%
Islamic Refinance Facility for Combating COVID – 19 (IRFCC) Quarterly 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.18% 0.18% 0.20% 0.21% 0.25% 0.25% 0.25%
Islamic Refinance Facility for Modernization of SMEs ( IRFMS) Quarterly - - - - - - - - - - - - -
Islamic Financing Facility for Storage of Agricultural Produce (IFFSAP) Quarterly 2.17% 2.17% 2.17% 2.17% 2.17% 2.27% 2.28% 2.20% 2.15% 2.07% 2.25% 2.25% 2.25%
Islamic Refinance & Credit Guarantee Scheme for Women Entrepreneurs
Quarterly - - - - - - - - - - - - -
(IRCGS-WE)
Islamic SME Asaan Finance Scheme (I-SAAF) Quarterly 1.00% 1.00% 1.00% 1.00% 1.00% 1.05% 1.05% 0.92% 0.98% 1.04% 1.00% 1.00% 1.00%
Islamic Refinance Scheme for Working Capital Financing (IWCF) Quarterly N/A -
Meezan Kafalah Monthly 8.67% 8.50% 8.50% 8.50% 8.50% 10.50% 10.50% 10.99% 11.51% 11.82% 13.50% 13.50% 13.50%
Meezan Kafalah - Multiplier Monthly 9.34% 9.33% 9.17% 9.17% 9.17% 11.02% 11.03% 11.36% 12.10% 12.44% 14.00% 14.00% 14.00%
Meezan Payroll Partner (MPP) Monthly 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.18% 0.18% 0.20% 0.21% 0.25% 0.25% 0.25%
Re.1 - 499.99 K 6.50% 6.50% 6.50% 6.50% 6.50% 7.00% 7.00% 7.51% 8.00% 8.50% 10.00% 10.00% 10.00%
Meezan Bachat Account (MBA)
500 K & Above 6.84% 6.83% 6.67% 6.67% 6.67% 7.00% 7.00% 7.51% 8.00% 8.50% 10.50% 10.50% 10.50%
Karobari Munafa Account - Pakistan Energy Sukuk (KMA - PES) Monthly 10.34% 10.33% 11.16% 11.17% 11.17% 11.37% 11.38% 10.62% 11.71% 11.61% 14.76% 14.75% 14.75%
Re.1 - 499.99 M 7.50% 7.50% 7.50% 7.50% 7.50% 7.52% 7.53% 7.88% 8.59% 8.92% 10.00% 10.00% 10.00%
500 M - 999.99 M 8.00% 8.00% 8.00% 8.00% 8.00% 8.05% 8.05% 8.43% 8.98% 9.33% 10.25% 10.25% 10.25%
Karobari Munafa Account- CLUBBED 1B -1.99 B 9.00% 9.00% 9.00% 9.00% 9.00% 9.10% 9.10%
(KMA CLUBBED) 2 B -3.499 B 9.00% - - - 9.00% - 9.10% 9.53% 9.95% 10.37% 10.75% 10.75% 10.75%
3.5 B - 4.99 B - - - - - - -
5 B & Above - - - - - - - - - - - - -
Re.1 - 199.99 M 6.50% 6.50% 6.50% 6.50% 6.50% 6.47% 6.48% 6.96% 7.61% 7.88%
10.00% 10.00% 10.00%
200 M - 499.9 M - - - - - - - - - 7.88%
Meezan Islamic Institutions Deposit Account (MIIDA) 500 M - 999.99 M - - - - - - - - - -
1 B - 1.99 B - - - - - - - - - -
10.00% - -
2 B - 2.99 B - - - - - - - - - -
3 B & Above - - - - - - - - - -
Re.1 - 199.99 M 6.50% 6.50% 6.50% 6.50% 6.50% 6.47% 6.48% 6.96% 7.61% 7.88%
10.00% 10.00% 10.00%
200 M - 499.9 M 6.50% 6.50% 6.50% 6.50% 6.50% 6.47% 6.48% 6.96% 7.61% 7.88%
500 M - 999.99 M 6.50% 6.50% 6.50% - 6.50% 6.47% 6.48% 6.96% 7.61% 7.88%
Meezan Islamic Institutions Deposit Account (MIIDA NBFI) 1 B - 1.99 B 6.50% - - - 6.50% 6.47% 6.48% - - 7.88%
10.00% 10.00% 10.00%
2 B - 2.99 B - - - - - - - - - -
3 B & Above - - - - - - - - - -
Profit Rates are per annum and declared on Monthly basis.
24/7 Call Centre
111-331-331 & 332
www.meezanbank.com Income Distribution - Month Ended Jun 30, 2023
Updated on Dhu Al-Hijjah 14, 1444 | Monday, July 3, 2023
Amount / Tenure/
Product Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23
Profit Payment
50K - 0.99M 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00%
7.51% 8.00% 8.50%
1M- 9.99M 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00%
1 Month
Monthly N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 17.26% 17.00% 17.00%
COII 1 Year (Senior)
Maturity N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 18.26% 18.00% 18.00%
Years
1.5
COII 1.5 Years Monthly 9.84% 9.83% 9.66% 9.67% 9.67% 9.80% 9.80% 10.26% 10.73% 13.27% 15.51% 15.50% 15.50%
COII 2 Years [Product Discontinued w.e.f. 01.04.2023] Monthly 9.34% 9.33% 9.17% 9.17% 9.17% 9.27% 9.28% 9.71% 10.34% 10.58% 14.26% 14.25% 14.25%
Years
COII 2 Years [Product Discontinued w.e.f. 01.04.2023] Quarterly 9.34% 9.33% 9.17% 9.17% 9.17% 9.27% 9.28% 9.71% - - - - -
2
COII 2 Years [Product Discontinued w.e.f. 01.04.2023] Maturity 9.34% 9.33% 9.17% 9.17% 9.17% 9.27% 9.28% 9.71% 10.34% 10.58% 14.26% 14.25% 14.25%
COII 3 Years [Product Discontinued w.e.f. 01.04.2023] Monthly 9.34% 9.33% 9.17% 9.17% 9.17% 9.27% 9.28% 9.71% 10.34% 10.58% 14.26% 14.25% 14.25%
Years
COII 3 Years [Product Discontinued w.e.f. 01.04.2023] Quarterly 9.34% 9.33% 9.17% 9.17% 9.17% 9.27% 9.28% 9.71% 10.34% 10.58% 14.26% 14.25% 14.25%
3
COII 3 Years [Product Discontinued w.e.f. 01.04.2023] Maturity 9.34% 9.33% 9.17% 9.17% 9.17% 9.27% 9.28% 9.71% 10.34% 10.58% 14.26% 14.25% 14.25%
COII 5 Years [Product Discontinued w.e.f. 01.04.2023] Monthly 9.34% 9.33% 9.17% 9.17% 9.17% 9.27% 9.28% 9.71% 10.34% 10.58% 14.26% 14.25% 14.25%
Years
COII 5 Years [Product Discontinued w.e.f. 01.04.2023] Quarterly 9.34% 9.33% 9.17% 9.17% 9.17% 9.27% 9.28% 9.71% 10.34% 10.58% 14.26% 14.25% 14.25%
5
COII 5 Years [Product Discontinued w.e.f. 01.04.2023] Maturity 9.34% 9.33% 9.17% 9.17% 9.17% 9.27% 9.28% 9.71% 10.34% 10.58% 14.26% 14.25% 14.25%
5.5 Yrs 10.17% 10.00% 10.00% 10.00% 10.00% 10.15% 9.98% 10.44% 11.12% 11.41% 14.26% 14.25% 14.25%
5.5 & 7
Years
5.5 Yrs - Senior 11.17% 11.16% 11.16% 11.17% 11.00% 11.37% 11.38% 11.72% 12.29% 12.65% 15.76% 15.75% 15.75%
Meezan Aamdan Certificate - MAC
7 Yrs 10.34% 10.33% 10.16% 10.17% 10.17% 10.32% 10.33% 10.62% 11.32% 11.61% 14.51% 14.50% 14.50%
7 Yrs - Senior 11.67% 11.50% 11.50% 11.50% 11.50% 11.89% 11.90% 12.27% 12.88% 13.07% 16.26% 16.25% 16.25%
Meezan Bank Limited Additional Tier I - Sukuk Monthly 16.68% 16.50% 17.00% 17.01% 17.00% 17.67% 17.68% 17.40% 19.51% 19.29% 19.76% 24.00% 23.76%
Meezan Bank Limited Tier II - Sukuk (First Tranche) Six Monthly - - - - - - - - - - - - -
Meezan Bank Limited Tier II - Sukuk (Second Tranche) Six Monthly 12.17% 16.33% 16.16% 16.17% 16.17% 16.44% 16.28% 17.95% 17.95% 17.84% 18.01% 18.25% 18.00%
Meezan Bank Limited Tier II - Sukuk (Third Tranche) Six Monthly 15.34% 15.16% 15.16% 15.17% 15.17% 15.22% 16.28% 17.22% 17.37% 17.21% 17.51% 17.75% 22.50%
Tenure/
Product Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23
Profit Payment
Meezan US Dollar Saving Account Monthly 0.33% 0.53% 0.66% 0.94% 0.90% 1.46% 1.36% 0.99% 1.09% 2.00% 4.77% 2.00% 2.00%
Meezan Pound Saving Account Monthly 0.14% 0.20% 0.17% 0.38% 0.28% 0.61% 0.51% 0.39% 0.38% 0.43% 1.35% 1.23% 1.20%
Meezan Euro Saving Account Monthly 0.05% 0.04% 0.07% 0.24% 0.20% 0.47% 0.48% 0.23% 0.24% 0.41% 1.32% 1.00% 0.76%
Meezan Roshan Digital Account (US Dollar) Monthly 0.33% 0.53% 0.66% 0.94% 0.90% 1.46% 1.36% 0.99% 1.09% 2.00% 4.77% 2.00% 2.00%
Meezan Roshan Digital Account (Pound) Monthly 0.14% 0.20% 0.17% 0.38% 0.28% 0.61% 0.51% 0.39% 0.38% 0.43% 1.35% 1.23% 1.20%
Meezan Roshan Digital Account (Euro) Monthly 0.05% 0.04% 0.07% 0.24% 0.20% 0.47% 0.48% 0.23% 0.24% 0.41% 1.32% 1.00% 0.76%
Meezan Roshan Resident Account (US Dollar) Monthly 0.33% 0.53% 0.66% 0.94% 0.90% 1.46% 1.36% 0.99% 1.09% 2.00% 4.77% 2.00% 2.00%
Meezan Roshan Resident Account (Pound) Monthly 0.14% 0.20% 0.17% 0.38% 0.28% 0.61% 0.51% 0.39% 0.38% 0.43% 1.35% 1.23% 1.20%
Meezan Roshan Resident Account (Euro) Monthly 0.05% 0.04% 0.07% 0.24% 0.20% 0.47% 0.48% 0.23% 0.24% 0.41% 1.32% 1.00% 0.76%
Meezan Women First Account (US Dollar) Monthly N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 2.00% 2.00%
Meezan Women First Account (GBP) Monthly N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A - -
Meezan Women First Account (EURO) Monthly N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 1.00% 0.76%
Margin Account (US Dollar) Monthly 0.02% 0.04% 0.04% 0.06% 0.06% 0.10% 0.09% 0.07% 0.07% 0.07% 0.16% 0.07% 0.07%
Dollar Mudarabah Certificate - DMC ($. 10 K - 49.9 K) COII 3 Months - Maturity 0.57% 0.90% 1.12% 1.61% 1.55% 2.50% 2.32% 1.69% 1.86% 1.69%
4.93% 2.07% 2.07%
Dollar Mudarabah Certificate - DMC ($. 50 K & Above) COII 3 Months - Maturity 0.64% 1.02% 1.27% 1.81% 1.75% 2.83% 2.62% 1.91% 2.10% 1.90%
Dollar Mudarabah Certificate - DMC ($. 10 K - 49.9 K) COII 6 Months - Maturity 0.62% 0.98% 1.22% 1.75% 1.69% 2.73% 2.53% 1.84% 2.03% 1.83%
5.34% 2.24% 2.24%
Dollar Mudarabah Certificate - DMC ($. 50 K & Above) COII 6 Months - Maturity 0.67% 1.06% 1.33% 1.90% 1.83% 2.96% 2.74% 2.00% 2.20% 2.00%
Dollar Mudarabah Certificate - DMC ($. 10 K - 49.9 K) COII 1 Year - Six Monthly 0.87% 1.39% 1.73% 2.48% 2.39% 3.86% 3.58% 2.61% 2.87% 2.61%
6.57% 2.76% 2.76%
Dollar Mudarabah Certificate - DMC ($. 50 K & Above) COII 1 Year - Six Monthly 0.93% 1.47% 1.84% 2.63% 2.53% 4.09% 3.80% 2.77% 3.04% 2.77%
Dollar Mudarabah Certificate - DMC ($. 10 K - 49.9 K) COII 1 Year - Maturity 0.90% 1.44% 1.79% 2.57% 2.47% 3.99% 3.70% 2.70% 2.97% 2.71%
6.74% 2.83% 2.83%
Dollar Mudarabah Certificate - DMC ($. 50 K & Above) COII 1 Year - Maturity 0.95% 1.52% 1.89% 2.71% 2.61% 4.22% 3.92% 2.85% 3.14% 2.84%
Dollar Mudarabah Certificate - DMC ($. 10 K - 49.9 K) COII 3 Years - Six Monthly 0.93% 1.47% 1.84% 2.63% 2.53% 4.09% 3.80% 2.77% 3.04% 2.77%
6.90% 2.90% 2.90%
Dollar Mudarabah Certificate - DMC ($. 50 K & Above) COII 3 Years - Six Monthly 0.98% 1.56% 1.94% 2.77% 2.67% 4.32% 4.01% 2.92% 3.21% 2.91%
Dollar Mudarabah Certificate - DMC ($. 10 K - 49.9 K) COII 3 Years - Maturity 0.95% 1.52% 1.89% 2.71% 2.61% 4.22% 3.92% 2.85% 3.14% 2.84%
6.98% 2.93% 2.94%
Dollar Mudarabah Certificate - DMC ($. 50 K & Above) COII 3 Years - Maturity 0.99% 1.58% 1.97% 2.82% 2.71% 4.38% 4.07% 2.96% 3.26% 2.94%