Income Distribution - Month Ended June 30, 2019
Income Distribution - Month Ended June 30, 2019
Income Distribution - Month Ended June 30, 2019
(Profit Rates are "Per Annum" basis and Declared on Monthly basis) - Updated on July 02, 2019
Rupee Savings Account: Meezan Asaan Savings Account: Labbaik Savings Account: Meezan Business Plus Account: Meezan Kids & Teens Accounts: Meezan Kafalah Account:
Profit Payment Profit Rate Profit Payment Profit Rate Profit Payment Profit Rate Profit Payment Profit Rate Profit Payment Profit Rate Profit Payment Profit Rate
Monthly 6.26% Monthly 6.26% Monthly 6.26% Monthly 0.15% Monthly 6.71% Monthly 8.05%
* Monthly Profit Payment * Monthly Profit Payment * Monthly Profit Payment * Profit eligibility from Re. 1 * Monthly Profit Payment * Monthly Profit Payment
* Profit eligibility from Re. 1 * Profit eligibility from Re. 1 * Profit eligibility from Re. 1 * Free Cheque Books, Pay Orders, Inter-city clearing, * Profit eligibility from Re. 1 * Profit eligibility from Re. 1
* Profit calculation on daily balance * Profit calculation on daily balance * Profit calculation on daily balance Visa Debit Card, SMS Alerts, Hold Mail facility, etc. on * Minimum Investment Rs. 500 for Kids & * Profit calculation on daily balance
* Account opening with Rs. 100 * Minimum Investment Rs. 100 * Minimum Investment Rs. 1,000 maintenance of monthly average balance of Rs. 25K Rs. 1,000 for Teens account * Minimum Investment Rs. 2,000
Certificate of Islamic Investment (COII): 2 Years, 3 Years & 5 Years COII for Islamic Financial Institutions (IFIs)
2 Years 3 Years 5 Years Tenure 1 Month 3 Months 6 Months 1 Year
Monthly Quarterly Maturity Monthly Quarterly Maturity Monthly Quarterly Maturity Profit Payment Maturity Monthly Monthly Monthly
11.03% 11.03% 11.03% 11.03% 11.03% 11.03% 11.03% 11.03% 11.03% Profit Rate - - - -
Minimum Investment Rs. 200 Million. Profit Payment Monthly
MMC & COII Meezan Amdan Certificate (MAC) Islamic Long Term Financing Facility
Tenure 1 Month 3 Months 6 Months 1 Year Minimum Investment: Rs. 100,000/- (ILTFF)
Profit Payment Maturity Maturity Maturity Monthly Quarterly Maturity Profit Payment on Monthly basis
Profit Payment
Rs. 50K to 0.99M 7.30% 7.45% 7.75% 8.94% 9.09% 9.54% Tenure 5.5 Years 7 years Profit Rate
(Quarterly)
Profit Rate 11.03% 11.47%
Rs. 1M to 9.99M 7.75% 8.05% 8.49% 9.69% 9.84% 10.28%
3 Years-Tex 3.58%
Rs. 10M to 49.99M 8.49% 8.64% 8.94% 9.98% 10.13% 10.43% Meezan Amdan Certificate (MAC) Senior 5 Years- Tex 2.53%
Rs. 50M to 99.99M 8.94% 9.09% 9.54% 10.28% 10.28% 10.73% Minimum Investment: Rs. 50,000/- 10 Years- Tex 2.09%
Profit Payment on Monthly basis 3 Years- NonTex 4.62%
Rs. 100M to 499.99M 11.03% 11.47% 11.77% 11.47% - 11.92%
Tenure 5.5 Years 7 years 5 Years- NonTex 3.58%
Rs. 500M to 999.99M 11.47% 11.92% - - - 12.52% Profit Rate 11.18% 12.22% 10 Years- NonTex 3.13%
Rs. 1B & Above 11.92% 12.22% - - - -