Discontinuation of Free Takaful Services

February 26th, 2021

This is a formal notification of discontinuation of “Free/complimentary Takaful on Accidental Death, Permanent Disability and ATM Cash Withdrawal” services after February 28, 2021.

This service was previously being offered complimentary/free of charge to eligible Meezan Bank customers and is now being withdrawn w.e.f. March 01, 2021.

List of discontinued complimentary services:

• Accidental Death and Permanent Disability Takaful
• ATM Cash Withdrawal Takaful

Please note that Takaful claims will not be entertained by Meezan Bank for any incident occurring after February 28, 2021.

• For incidents related to ATM Cash Withdrawal occurring on or before February 28, 2021 – Customers shall intimate Meezan Bank within 24 hours of the incident and shall register an FIR with police within 48 hours of the incident.
• For incidents related to Accidental Death & Permanent Disability occurring on or before February 28, 2021 – Customers shall intimate Meezan Bank within a period of 90 days of the date of loss.

If you have any questions regarding the discontinuation of Takaful services, please feel free to contact your branch or the Bank’s 24/7 Call Center.