Meezan Bank Saving Account Profit Rates & Opening
Meezan Bank saving account profit rates depend on the product, deposit tier and declaration month. The tables below show verified September 2026 Bachat and COII declarations; they are not guaranteed future returns or October profit declarations.
Content updated: 13 October 2026. Data periods are labelled below.
Declared profit rates: September 2026
| Product / published tier | Rate per annum |
|---|---|
| Bachat — individuals, up to Rs 10 million | 6.63% |
| Bachat — individuals, up to Rs 250 million | 6.00% |
| Bachat — individuals, above Rs 250 million | 6.74% |
| Bachat — non-individual published tiers | 6.00% |
Tier labels reproduce the bank’s disclosure; ask Meezan how the tier method applies to your daily balance. Bachat profit is calculated on a daily product basis and paid monthly. Its product page lists an opening deposit of Rs 50,000, correcting the previous no-minimum claim.
| COII tenure / payout | September rate per annum |
|---|---|
| 3 months / maturity | 7.12% |
| 6 months / maturity | 7.12% |
| 1 year / monthly | 9.18% |
| 1 year / maturity | 9.56% |
| 1.5 years / monthly | 10.12% |
COII’s minimum investment is Rs 50,000. Early withdrawal follows the approved schedule. October weightages are different from realised September profit rates. Rupee Savings and foreign-currency account rates are available through the official rate disclosures; a Bachat rate must not be applied to every account.
Meezan Bank account opening online
Use the official Digital Accounts page to obtain the account-opening app and choose an eligible product. Its requirements include identity verification and, where applicable, a SIM registered in your name and source-of-income information. Documentation varies by account; simplified products have different requirements from a full digital account.
For branch onboarding, first choose the account and check its Key Fact Statement, charges and document checklist. Then use the branch locator guide to find a suitable branch. Upload identity documents only through the bank’s own application process.
Current, savings, student and freelancer accounts
Current and savings accounts serve different purposes. A savings product has profit-sharing terms; do not assume a current account earns profit. The Digital Freelancer Account is available in both current and savings categories, correcting the previous current-only description. Meezan’s Digital Asaan Student Account is for ages 18–24 and is offered in PKR as either current or savings.
Before selecting an account, compare transaction limits, income documentation, cheque and card charges, access channels and the balance you expect to maintain. For overseas eligibility, use the RDA guide rather than a resident account checklist.
Monthly gross profit illustration
For a simple comparison, Rs 100,000 × 6.63% ÷ 12 is approximately Rs 552.50 for one month before deductions. This illustration uses the September Bachat rate and a constant balance; actual credits depend on daily balances, the bank’s calculation method and applicable deductions.