November 26th, 2024
Public Notice – Terms & Conditions
Meezan Bank Ltd. (“MBL”), through publication on 20th November, 2024, incorporated/amended the terms and conditions of account opening/operation, effective December 21, 2024.
MBL always values its customers with commitment of providing quality banking services. The following amendment/addition in terms and conditions of account opening/operation (as communicated through publication on 20th November, 2024) shall stand deleted with immediate effect:
“MBL has applied maximum limit on daily credit balance of PKR 1 Billion (or equivalent in case of foreign currency) on all types of checking accounts. The Bank has the right to refuse and/or to return the amount over and above said limit of PKR 1 Billion to the account holder by issuing a Pay Order or through any other means, as deemed appropriate by MBL.”
All other terms and conditions of account opening/operation shall remain unchanged.
Public Notice – Schedule of Charges
Meezan Bank Limited (“MBL”), through publication on 20th November, 2024, made additions/amendments to its existing Schedule of Charges (SOC) for the period July – December 2024, effective December 21, 2024.
MBL always values its customers with commitment of providing quality banking services. The following additions/amendments to its existing Schedule of Charges (SOC) for the period July – December, 2024 (as communicated through publication on 20th November, 2024) shall stand deleted with immediate effect:
“MBL has a right to recover monthly fee of 5% on deposit accounts where the balance on the last day of the month of an account is PKR 1 Billion and above (or equivalent in case of foreign currency)”.
The Schedule of Charges (SOC) for the period July – December, 2024 shall remain unchanged.
You may review the updated Schedule of Charges