MCB Islamic Basic Banking Account

MCB Islamic Basic Banking Account is for Individuals who want limited banking transactions. Click Here to open account now.

Benefits/Features

MCB Islamic Basic Banking Account can be offered to Individuals.
No minimum balance requirement

Other Facilitiies

Cheque Books
Banker’s Cheque
ATM/Debit Card
SMS Alerts
Internet Banking
Mobile App
Phone Banking (24/7 Call Centre)

Initial Deposit

Rs. 1,000/-

Transaction Limit

Unlimited Deposits & Withdrawals

Online Banking

Free

Acceptable Currency

PKR

*Max. two deposit transactions & two chequing withdrawals are allowed, free of charge, through cash/clearing per month and unlimited, free of charge, withdrawals through MCB Islamic ATMs..

Nature of Product

MCB Islamic Basic Banking Account is based on the concept of “Qard” where the Customer is “lender” and the Bank is “borrower”. The amount deposited by Customer in this account shall remain payable by the Bank to the customer until paid. Bank may at its discretion use or employ such funds as it deems fit in approved Shari’ah Compliant products/avenues. This is non-remunerative chequing account where the bank is liable to pay your money back on demand without any additional charges.

Key Fact Sheet

MCB Islamic has taken a proactive approach to promote responsible and transparent banking practices. To help customers make informed decisions about our products, we have created Key Fact Statements (KFS) that provide a comprehensive overview of the affordability, features, pricing, and other important factors of our banking services. We encourage you to review the below KFS sheet carefully to make informed decision.

KFS For Basic Banking Account

For more information, please call our Contact Centre at 042-111-222-642, or visit your nearest MCB Islamic Bank Branch.

Note: Terms and Conditions apply. All taxes are applicable as per Government regulations, and all Bank Charges are applicable as per the prevailing Schedule of Charges (SOC).