Meezan Bank stands as Pakistan’s premier Islamic bank, boasting a substantial paid-up capital of Rs. 17.91 billion. Since its inception in 2002, it has rapidly solidified its position as a formidable entity within the nation’s banking landscape.
Pioneering Islamic Banking in Pakistan
The bank earned its distinction as the country’s inaugural Islamic commercial bank, securing this accolade with the issuance of the first-ever Islamic commercial banking license by the State Bank of Pakistan. This pivotal moment in 2002 marked the commencement of its operations, heralding a new era in banking practices aligned with Islamic principles.
Biannual Schedule of Charges
Meezan Bank diligently updates its schedule of charges every six months, ensuring transparency and clarity for its clientele. This schedule delineates the charges applicable to various services, including ATM transactions, thereby fostering trust and accountability in its operations. The most recent issuance occurred in January 2024, effective until June 30, 2024.
Convenient Payment Solutions: Tap and Pay
Meezan Bank revolutionizes the banking experience for its debit card holders with the introduction of ‘Tap and Pay’ functionality. This feature empowers customers to effortlessly conduct transactions at payment counters of all NFC-enabled merchants globally. Moreover, bolstered by EMV or chip card technology, this service offers enhanced security, safeguarding against potential threats.
Global Accessibility with Meezan Visa Debit Card
The Meezan Visa Debit Card transcends geographical boundaries, granting users unrivaled access to their accounts worldwide. Bearing the Visa symbol, this card facilitates seamless transactions, deducting funds directly from the account balance. Importantly, devoid of interest charges, bills, or late fees, it epitomizes convenience and financial freedom for patrons.
Meezan VISA Debit Card Annual Fee in June 2024
The Meezan VISA Debit Card is available in four categories. Following are the updated per annum charges for the VISA Debit cards
Classic Card Rs.2,400/- per annum
Gold Card Rs.2,800/- per annum1
Platinum Card Rs.6,000/- per annum
Infinite Card Rs.30,000/- per annum
