MEEZAN BANK LIMITED

Key Fact Statement - Meezan Digital Accounts PKR Accounts (Current / Savings)

Date: 06 - Feb - 2025

Meezan Bank Limited, Meezan Digital Center
IMPORTANT: Read this document carefully if you are considering opening a new account. You may also use this document to compare different accounts offered by other banks. You have the right to receive KFS from other banks
for comparison.

Account Types & Salient Features : This information is accurate as of the date above. Products/Services and/or its fees may change from time to time after notice by the Bank. Profit on remunerative accounts (if any) will be distributed as per the applicable Profit Sharing Ratios (PSR)
and weightages announced by the Bank from time to time. Current Accounts will be based on Qard. Saving Accounts and Islamic Term Deposits will be based on Mudarabah.

Meezan Student Meezan Digi Meezan Digi Meezan Digi Meezan Student Meezan Digi Meezan Digi Meezan Digi
Meezan Rupee Meezan Bachat Meezan Rupee
Asaan Savings Asaan Savings Remittance Savings Freelancer Savings Asaan Current Asaan Current Remittance Current Freelancer
Saving Account Account Current Account
Account Account Account Account Account Account Account Current Account
Currency PKR PKR PKR PKR PKR PKR PKR PKR PKR PKR PKR
Minimum To open 0 0 0 0 0 0 0 0 0 0 0
Balance To keep 1 1 1 1 1 1 0 0 0 0 0
Account Maintenance Fee 0 0 0 0 0 0 0 0 0 0 0

Is Profit Paid on account. Subject to the applicable tax rate Yes Yes Yes Yes Yes Yes No No No No No

1 - 499.99K
Last month's declared Profit Rate. (%) per year 8.01% 8.01% 8.01% 8.01% 8.01% 500K & Above N/A N/A N/A N/A N/A
8.01%
Profit Payment Frequency Monthly Monthly Monthly Monthly Monthly Monthly N/A N/A N/A N/A N/A
Provide example (Profit is calculated on PKR 1,000) per 6.14 6.14 6.14 6.14 6.14 6.14 N/A N/A N/A N/A N/A
Premature/ Early Encashment/Withdrawal Fee N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A

Total Credit Balance Total Credit Balance

Limit: PKR 3,000,000 Limit: PKR 3,000,000
Cash withdrawal Cash withdrawal
Total Credit Total Credit Total Credit Total Credit
limit Per Day: PKR limit Per Day: PKR
Balance Limit: Balance Limit: Balance Limit: PKR Balance Limit: PKR
500,000 500,000
PKR 1,000,000 PKR 1,000,000 1,000,000 1,000,000
Transactional Limits (as defined by SBP) Fund Transfer limit N/A N/A N/A N/A Fund Transfer limit N/A
Total Debit Limit Total Debit Limit Total Debit Limit Total Debit Limit
Per Day: PKR Per Day: PKR
Per Month: PKR Per Month: PKR Per Month: PKR Per Month: PKR
500,000 500,000
1,000,000 1,000,000 1,000,000 1,000,000
Local credit limit Per Local credit limit Per
month: PKR month: PKR
1,000,000 1,000,000

Service Charges
IMPORTANT: This is a list of the main service charges for this account. It does not include all charges. You can find a full list of updated charges on our website [Link] or from branches. Please note that all bank charges are exclusive of applicable taxes.

Meezan Student Meezan Digi Meezan Digi Meezan Digi Meezan Student Meezan Digi Meezan Digi Meezan Digi
Meezan Rupee Meezan Bachat Meezan Rupee
Asaan Savings Asaan Savings Remittance Savings Freelancer Savings Asaan Current Asaan Current Remittance Current Freelancer
Saving Account Account Current Account
Account Account Account Account Account Account Account Current Account
Intercity 0 0 0 0 0 0 0 0 0 0 0
Intra-city 0 0 0 0 0 0 0 0 0 0 0
Cash Transaction
Own ATM withdrawal 0 0 0 0 0 0 0 0 0 0 0
Other Bank ATM 20.21 20.21 20.21 20.21 20.21 20.21 20.21 20.21 20.21 20.21 20.21
ADC/Digital 0 0 0 0 0 0 0 0 0 0 0
Complete Subscription Charges
SMS Alerts (Per annum) 1. For Individual & Sole-
0 1,800 1,800 1,800 1,800 1,800 0 1,800 1,800 1,800 1,800
Proprietorship Accounts
2. For Entity Accounts N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
PayPak 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000
Classic* 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000
Gold N/A 3,500 3,500 3,500 3,500 3,500 N/A 3,500 3,500 3,500 3,500
Debit Cards (Per annum) Platinum N/A 7,500 7,500 7,500 7,500 7,500 N/A 7,500 7,500 7,500 7,500
Titanium Card N/A 4,500 4,500 4,500 4,500 4,500 N/A 4,500 4,500 4,500 4,500
World Card N/A 20,000 20,000 20,000 20,000 20,000 N/A 20,000 20,000 20,000 20,000
Infinite Card N/A 35,000 35,000 35,000 35,000 35,000 N/A 35,000 35,000 35,000 35,000

Disclaimer:
Each digital account is eligible for one free primary debit card. The issuance is valid for a VISA/Mastercard Classic debit card only if applied through the Meezan Digital Account Opening App.

Issuance PKR 20 per leaf 0 0 0 0 0

Stop payment
Cheque Book For one cheque 300 300 300 300 300 300 300 300 300 300 300
More than one cheque 600 600 600 600 600 600 600 600 600 600 600
Loose cheque N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
 Meezan Student Meezan Digi Meezan Digi Meezan Digi Meezan Student Meezan Digi Meezan Digi Meezan Digi
Meezan Rupee Meezan Bachat Meezan Rupee
Services Modes Asaan Savings Asaan Savings Remittance Savings Freelancer Savings Asaan Current Asaan Current Remittance Current Freelancer Current
Saving Account Account Current Account
Account Account Account Account Account Account Account Account

Remittance (Local) Pay Order 0 0 0 0 0 0 0 0 0 0 0

US$ 15/-OR US$ 15/-OR US$ 15/-OR US$ 15/-OR US$ 15/-OR
equivalent equivalent equivalent equivalent equivalent
Foreign Demand Draft N/A N/A N/A N/A N/A N/A
including SWIFT including SWIFT including SWIFT including SWIFT including SWIFT
Charges Charges Charges Charges Charges
Remittance Foreign
US$ 15/-OR US$ 15/-OR US$ 15/-OR US$ 15/-OR US$ 15/-OR
equivalent equivalent equivalent equivalent equivalent
Wire Transfer N/A N/A N/A N/A N/A N/A
including SWIFT including SWIFT including SWIFT including SWIFT including SWIFT
Charges Charges Charges Charges Charges
Annual 0 0 0 0 0 0 0 0 0 0 0
Statement of Account Half Yearly 0 0 0 0 0 0 0 0 0 0 0
Duplicate Rs 25 Rs 25 Rs 25 Rs 25 Rs 25 Rs 25 Rs 25 Rs 25 Rs 25 Rs 25 Rs 25
Free IBFT upto PKR 25,000 per month
ADC/Digital Channels
Fund Transfer For additional amount above PKR 25,000 per month 0.1% of the transaction amount or PKR 200, whichever is lower
Others 0 0 0 0 0 0 0 0 0 0 0
Internet Banking 0 0 0 0 0 0 0 0 0 0 0
Digital Banking
Mobile Banking 0 0 0 0 0 0 0 0 0 0 0
Normal 0 0 0 0 0 0 0 0 0 0 0
Clearing Intercity Rs 300 Rs 300 Rs 300 Rs 300 Rs 300 Rs 300 Rs 300 Rs 300 Rs 300 Rs 300 Rs 300
Same Day Rs 500 Rs 500 Rs 500 Rs 500 Rs 500 Rs 500 Rs 500 Rs 500 Rs 500 Rs 500 Rs 500
Closure of Customer request 0 0 0 0 0 0 0 0 0 0 0
You Must Know
Requirements to open an account: To open the account you will need to satisfy some identification requirements as per regulatory instructions and Bank's Unclaimed Deposits: In terms of Section 31 of Banking Companies Ordinance, 1962 all deposits which have not been
internal policies. These may include providing documents and information to verify your identity. Such information may be required on a periodic basis. Please operated during the period of last ten years, except deposits in the name of a minor or a Government or a court of law,
ask us for more details from branch representative or by calling our Helpline: +92 21 111-331-331/332. are surrendered to State Bank of Pakistan (SBP) by the relevant banks, after meeting the conditions as per provisions of
Cheque Bounce: Dishonouring of cheques is subject to a criminal trial in Pakistan. Accordingly, you should be writing cheques with utmost prudence. In this law. The surrendered deposits can be claimed through the respective banks. For further information, please contact your
regard Section 489-F of Pakistan Penal Code (PPC) applies, "Dishonestly issuing a cheque": Whoever dishonestly issues a cheque towards repayment of financing parent/concerned branch. You will have to fulfil all required regulatory requirements that the Bank might require to
or fulfilment of an obligation which is dishonoured on presentation, shall be punished with imprisonment which may extend to three years or with fine, or both. proceed further.
Safe Custody: Safe custody of access tools to your account like ATM cards, PINs, T-Pins, Cheques, e-banking usernames, passwords; other personal information, Closing this account: In order to close your account, please visit your branch along with your original valid identity
etc. is your responsibility. Bank cannot be held responsible in case of a security lapse at the customer’s end. The State Bank of Pakistan or your bank will never document for account closure. The Bank shall perform mandatory requirements for account closure. Any products,
Call/ SMS/ Mail/ Email to ask for customer’s confidential details and other sensitive information related to bank account. Customer must be aware of this fact services or facilities linked with your account shall automatically be cancelled/ deactivated subsequent to the account
that sharing such information with anyone might cause financial fraud. Similarly, customers must be cautious of phishing emails asking the customer to click on closure.
link and for instance, change the password of his/ her bank account. Expired Identity Document: Once your submitted ID document has reached its expiry, you shall be requested to submit a
Record updation: Always keep profiles/records updated with the Bank to avoid missing any significant communication. You can contact/ visit your nearest new valid ID document. In case a new valid ID is not submitted by the customer, the account shall be blocked by the Bank
branch for record updation or you may call at our 24/7 call center by dialing +92 21 111-331-331/ 332 from your number registered with your account. subsequent to serving one-month prior notice.
What happens if you do not use this account for a long period? If your account remains inoperative for 12 months, it will be marked as dormant. If your How can you get assistance or make a complaint?
account becomes dormant, you will not be able to perform any debit/withdrawal transaction. To reactivate your account, you must visit your Meezan Bank’s You can also write a letter to ‘The Manager Customer Care Unit’ and post it to our Head Office at Meezan
branch with an original valid identity document. Non-Resident Pakistani customers may request their respective branch from their registered email address. House, C-25, Estate Avenue, Karachi Tel: +92-21-38103500 & +92-21-37133500 Fax: +92-21-36406049
Account will be reactivated subject to the fulfilment of all regulatory requirements. Helpline: +92 21 111-331-331/332
Email: info@[Link] & compliants@[Link] - Website: [Link]
If you are not satisfied with our response, you may contact:
Banking Mohtasib Pakistan, 5th floor, Shaheen Complex,
M.R. Kiyani Road, Karachi
Email: info@[Link]
Website: [Link]

I ACKNOWLEDGE RECEIVING AND UNDERSTAND THIS KEY FACT STATEMENT

Customer Name: Date
Product Chosen:
Mandate of account: Single/Joint/Either or Survivor
Address
Contact No.: Mobile No. Email Address
Customer Signature Signature Verified