MCB Islamic Rozana Bachat Saving Premium Account

A saving account for individuals and entities seeking to maintain shari’ah compliant chequing saving account and wishing to invest with an absolute peace of mind by saving on regular basis and expecting good returns on daily balance along with unlimited deposit and withdrawal transaction limit. Click Here to open account now.

Benefits/Features

MCB Islamic Rozana Bachat Saving Premium Accounts can be offered to:

  • Individuals
  • All Forms of Association of Persons (AOPs) such as:
    1. Firms (Sole Proprietor, Partnership)s.
    2. Companies (Public and Private Limited)
    3. Trust/Clubs/Societies & Associations
  • No minimum balance requirement
  • Profit is calculated on daily end balance basis
Initial Deposit

Rs. 1,000,000/-

Transaction Limit

Unlimited Deposits & Withdrawals

Online Banking

Free

Acceptable Currency

PKR

Profit Payment Frequency

Monthly

Profit Payment Frequency

Monthly

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

Nature of Product

MCB Islamic Rozana Bachat Saving Premium Account a profit bearing account based on the principles of Mudarabah, where Customer is “Rabb-ul-Maal” and Bank is “Mudarib”. Bank may, at its discretion, use or employ such funds as it deems fit under the products and avenues approved by Shari’ah Board of the Bank. Bank shall share the profit on the basis of predetermined profit sharing ratio. Return on deposits will be based on predetermined weightages for each month or any interval decided by the bank and announced as per SBP’s instructions. A sheet containing this information shall be available on Customer’s demand and also be placed at the public notice board of branches and on the website of the bank.

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 Rozana Bachat Saving Premium Account

In the event of loss to the pool, all the investors of the pool shall share such loss proportionate to their investment.

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 and Zakat are applicable as per Government regulations, and all Bank Charges are applicable as per the prevailing Schedule of Charges (SOC).

ISLAMIC BANKING
BRANCH LOCATOR
CONTACT US
Careers
SUGGESTION & COMPLAINT