Meezan Savings Profit Calculator (Rs 1 Lakh Earns Rs 562/mo at 6.74%)
Rs 100,000 in Meezan Rupee Savings Account earns approximately Rs 562 per month at the 6.74 percent halal profit rate declared for August 2026. Free calculator for Rupee Savings, Bachat Account, Asaan Savings and Certificate of Islamic Investment (COII). SIP + WHT + Mudarabah structure included.
About the Meezan Savings Profit Calculator (Rs 1 Lakh Earns Rs 562/mo at 6.74%)
Rs 100,000 in a Meezan Rupee Savings Account earns approximately Rs 562 per month gross (Rs 477 net after 15 percent filer withholding tax) at the current 6.74 percent per annum profit rate declared for the month ended 31 August 2026. Free Meezan Bank savings account profit calculator covering all four main Islamic banking savings products: Meezan Rupee Savings Account (Rs 100 minimum, 6.74 percent per annum for August 2026, monthly profit distribution), Meezan Bachat Account (Rs 25,000 minimum for higher-tier rates, also 6.74 percent for August 2026), Meezan Asaan Savings Account (no minimum balance, also 6.74 percent, not a reduced rate as is often assumed, ~5.5 percent, financial inclusion tier), and Certificate of Islamic Investment or COII (Rs 50,000 minimum, 3 months to 5 years fixed tenure, ~9.5 percent). Structured on Mudarabah where the bank acts as Mudarib (50 percent share of gross income) and depositor as Rab-ul-Maal (50 percent share). Rates are provisional not guaranteed since they depend on the bank's actual monthly investment performance in Shariah-compliant Sukuk, Islamic instruments and approved financing. The calculator computes total deposited, final balance, gross profit, withholding tax (15 percent filer, 30 percent non-filer), net profit after tax, and average monthly plus daily profit. Add an optional monthly top-up for compound growth modelling. All Meezan Bank savings products are certified Shariah-compliant by the Shariah Supervisory Board headed by Justice Muhammad Taqi Usmani. Verify the current-month profit rate on the official Meezan Bank profit rates PDF before opening the account, as monthly rates fluctuate with the bank's investment returns.
Meezan profit rates change monthly. Verify before depositing.
Meezan Bank uses the Mudarabah structure where actual monthly profit share depends on the bank's investment performance that month. Published rate is provisional, not guaranteed. Always check the current month rate on the official Meezan Bank profit rates PDF before opening or topping up the account.
Rs 100 minimum (waived for Zakat recipients, students)
Editable estimate based on Meezan Bank published monthly rates (Rupee Savings around 6.5 to 7 percent, Bachat Account 7 to 8 percent, COII 9 to 10 percent in mid-2026). Verify current month rate on the Meezan Bank profit rates PDF.
Add fresh deposits every month for compound growth (like a monthly savings habit).
Pakistan applies withholding tax on savings profit distributions. Filer status halves the rate. File a free FBR return at iris.fbr.gov.pk to get on the Active Taxpayer List.
Shariah structure
Mudarabah (bank 50 percent Mudarib share, depositor 50 percent Rab-ul-Maal share)
Payout: Monthly profit, daily balance calculation
Islamic banking note
All Meezan Bank savings products are certified Shariah-compliant by the Shariah Supervisory Board headed by Justice Muhammad Taqi Usmani. Profit is generated from Riba-free investments in Sukuk, Islamic instruments, and Shariah-approved financing. Returns are profit-share, not fixed interest, so the monthly rate fluctuates with the bank's investment performance.
How to use the Meezan Savings Profit Calculator (Rs 1 Lakh Earns Rs 562/mo at 6.74%)
- Select the Meezan product: Rupee Savings Account (basic, Rs 100 minimum), Bachat Account (higher tier at Rs 25,000 plus), Asaan Savings (no minimum), or Certificate of Islamic Investment (COII, fixed tenure with the highest profit rate). Pick Custom to enter your own rate from your current-month profit rate PDF.
- Enter the initial deposit in PKR. Use the quick-amount buttons (Rs 50K, 100K, 500K, 1M, 5M) for common scenarios, or type any custom amount.
- Optionally enter a monthly top-up amount if you plan to add fresh deposits every month (recurring savings habit).
- Set the duration in months. 12 for one year, 36 for three years, 60 for five years, 120 for ten years.
- Set the withholding tax rate: 15 percent for active filers on the FBR Active Taxpayer List, 30 percent for non-filers. Becoming a filer via free FBR IRIS return doubles your effective after-tax return.
- Read the results: total deposited, final balance, gross profit, withholding tax, net profit after tax, and average monthly and daily profit. Rates are provisional estimates; verify the current monthly published rate on the official Meezan Bank profit rates PDF before opening or topping up the account.
Frequently Asked Questions
Sources
Rates, slabs and formulas used in this calculator are cross-checked against the following official sources. Always verify the latest number on the original page before making a financial decision.
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