MICAR is a Shari'ah compliant financing solution for Individuals to purchase and own vehicles for personal use. Mode of Islamic finance is 'Diminishing Musharakah'.
Features:
- Competitive Financing & Takaful rates.
- Finance Tenure upto 5 years.
- Option to purchase new & used locally assembled/manufactured cars.
- Equal Monthly Installment (Diminishing Musharakah) / Equal Monthly Rental (Ijarah).
For fulfilling the needs of your growing business, MCB Islamic Bank Limited is offering Murabaha Microfinance for Business men and women through which can take upto PKR 500,000 financing as per their convenience and needs.
Features
- Financing from PKR 10,000 – 500,000.
- Finance Tenure from 3 to 24 months.
- Competitive Profit rates: 24-25%.
- Easy monthly installment / Bullet payment.
MCB Islamic Bank offers four variants of Debit Cards for its customers.
- UPI Platinum Debit Card
- UPI Qadar Gold Debit Card
- UPI Qadar Classic Debit Card
- PayPak Classic Debit Card
MCB Islamic Bank debit cards are backed by UnionPay, 1Link and PayPak.
Benefits
- Convenience to access your bank account 24/7
- Global Acceptability on cards backed by UnionPay and 1Link
- Amazing Discounts and deals
Experience seamless banking with SUBUK, the all-new Mobile App of MCB Islamic Bank. Fast, secure, and easy to use – SUBUK transforms the way you manage your money, giving you one app with endless possibilities. Download today and experience smarter digital banking.
Features Offered
- Account Management
- Debit Card Controls
- Funds Transfer
- Bill Payments & Mobile Top-Ups
- Scheduled Transfers
- Cheque Book Request
- Stop Cheque Payment
- Term Deposit Inquiry
- Biometric Login (Fingerprint/Face ID)
- ATM / Branch Locator
Owning a house is a dream that every individual aspires to achieve in their lifetime. Being mindful of this important need of our valued customers, we are very excited to announce the launch of "Rihayesh Finance" – MCB Islamic Bank's Hassle & Riba Free housing finance solution designed to fulfill private dwelling / residence needs of individuals. A brief snapshot of salient product features and requirements is as follows:
Features
- Finance up to PKR 60 Million for Home Purchase, PKR 30 Million for Home Construction, PKR 20 Million for Home Renovation, and PKR 60 Million for Plot Purchase Plus Construction.
- Finance Tenure from 2 to 20 years.
- Option of having Joint-Applicants (Co-Applicants) as income clubbers and/or property title holders.
