What is the Meezan Rupee Savings Account profit rate in 2026?

Meezan Rupee Savings Account profit rate declared for June 2026 was 6.58 percent per annum, calculated on daily balance and credited monthly. Rate changes every month based on the bank's actual investment performance under the Mudarabah structure. On Rs 100,000 at 6.58 percent, expected monthly gross profit is approximately Rs 548 (Rs 466 net after 15 percent filer withholding tax). Verify current month's published rate on the official Meezan Bank profit rates PDF before opening or topping up the account.

How much profit on Rs 100,000 in Meezan Rupee Savings?

On Rs 100,000 at the current approximately 6.58 percent per annum Meezan Rupee Savings Account profit rate, expected gross profit is approximately Rs 548 monthly (Rs 6,580 annually). After 15 percent filer withholding tax: Rs 466 net monthly (Rs 5,593 net annually). After the higher 30 percent non-filer withholding tax: Rs 384 net monthly (Rs 4,606 net annually). Filing a free FBR annual return via iris.fbr.gov.pk to get on the ATL saves the 15 percent difference.

How much profit on Rs 5 lakh in Meezan Rupee Savings?

On Rs 500,000 (5 lakh) at 6.58 percent per annum Meezan Rupee Savings Account rate, expected gross profit is approximately Rs 2,742 monthly (Rs 32,900 annually). Net after 15 percent filer withholding tax: Rs 2,330 monthly (Rs 27,965 annually). Compound growth over 5 years at the same rate reaches approximately Rs 692,000 balance from an initial Rs 500,000 deposit.

How much profit on Rs 10 lakh in Meezan Rupee Savings?

On Rs 1,000,000 (10 lakh) at 6.58 percent per annum, expected gross profit is approximately Rs 5,483 monthly (Rs 65,800 annually). Net after 15 percent filer WHT: Rs 4,661 monthly (Rs 55,930 annually). Over 5 years with monthly compounding, balance reaches approximately Rs 1,384,000 (Rs 384,000 gross profit).

How much profit on Rs 1 crore in Meezan Rupee Savings?

On Rs 10,000,000 (1 crore) at 6.58 percent per annum, expected gross profit is approximately Rs 54,833 monthly (Rs 658,000 or Rs 6.58 lakh annually). Net after 15 percent filer WHT: Rs 46,608 monthly (Rs 559,300 annually). At this level compare with Certificate of Islamic Investment (COII) which typically offers 9 to 10 percent for a fixed tenure, delivering roughly Rs 83,000 monthly gross on the same 1 crore versus the savings account's Rs 54,833.

What is the difference between Meezan Rupee Savings and Bachat Account?

Meezan Rupee Savings Account is the entry-level product with Rs 100 minimum balance and a flat profit rate (approximately 6.58 percent as of June 2026). Meezan Bachat Account is the higher-tier product requiring Rs 25,000 plus minimum balance and offering better profit weightage (approximately 7.5 percent), targeted at savers who can maintain a larger cushion. Both are Mudarabah-based and Shariah-compliant. For depositors keeping less than Rs 25,000, Rupee Savings is the natural choice; for Rs 25,000 plus balances, Bachat Account delivers approximately 15 percent higher annualised profit for the same funds.

Is Meezan Bank savings account halal?

Yes. All Meezan Bank savings products are certified Shariah-compliant by the bank's Shariah Supervisory Board headed by Justice Muhammad Taqi Usmani, a globally recognised Islamic finance scholar. The account operates on Mudarabah principles where the depositor is the investor (Rab-ul-Maal) and the bank is the manager (Mudarib). Bank invests deposits in Shariah-compliant instruments (Sukuk, Islamic bank placements, GoP Ijarah Sukuk, approved Islamic financing) and shares 50 percent of the gross income with depositors. Returns are profit-share, not conventional interest, so they satisfy the Islamic prohibition of Riba.

How is Meezan savings profit calculated?

Profit is calculated on your daily average balance during each calendar month and credited to your account on the first working day of the following month. Formula: (Daily Balance x Declared Monthly Profit Rate) x Number of Days divided by 365. Rate is annualised and declared monthly, so the effective monthly return is roughly rate divided by 12. Example: at 6.58 percent per annum on Rs 100,000 average daily balance for a 30-day month, gross profit is approximately Rs 100,000 x 6.58 percent divided by 12 = Rs 548.

What is Meezan Certificate of Islamic Investment (COII)?

Certificate of Islamic Investment (COII) is Meezan Bank's fixed-tenure Shariah-compliant term deposit product, sibling to the Rupee Savings Account but with a higher profit rate in exchange for locking your funds for a chosen tenure. Minimum Rs 50,000 deposit, tenures from 3 months to 5 years, profit rate typically 9 to 10 percent per annum as of mid-2026 (versus 6.58 percent on the savings account). Profit paid on maturity or monthly depending on the certificate type. Early redemption penalties apply. Best for funds you can lock without needing liquidity for the tenure duration.

What is the withholding tax on Meezan savings profit?

Pakistan applies withholding tax on savings profit distributions. The rate depends on your filer status: 15 percent for active filers on the FBR Active Taxpayer List (ATL), 30 percent for non-filers. Filer rate is half the non-filer rate, so becoming a filer effectively doubles your net after-tax return. File a free nil FBR annual return on the IRIS portal (iris.fbr.gov.pk) to get on the ATL within about a fortnight. Ensure Meezan Bank has your correct filer status on record so they apply the lower deduction rate on your monthly profit credit.

Meezan savings account vs Meezan Cash Fund mutual fund which is better?

Different products for different needs. Meezan Rupee Savings Account: bank product, Rs 100 minimum, approximately 6.5 percent profit rate, daily liquidity, capital protected under SBP deposit protection (Rs 500,000 per depositor per bank). Meezan Cash Fund (MCF) or Meezan Rozana Amdani Fund: mutual fund products by Al Meezan Investment Management, typically 9 to 9.5 percent profit rate, daily or on-redemption payout, capital not guaranteed (mutual fund market risk). For emergency-fund or transactional liquidity, savings account is better (protected + immediate access). For medium-term parking with slightly higher return, MCF or Rozana Amdani fund is worth considering. Both are Shariah-compliant. See our [Al Meezan Money Market Profit Calculator](/tools/al-meezan-money-market-profit-calculator) for the fund side.

Meezan Savings Profit Calculator 2026 (Rs 1 Lakh Earns Rs 550 Monthly at 6.58%)

Rs 100,000 in Meezan Rupee Savings Account earns approximately Rs 550 per month at the current 6.58 percent halal profit rate. Free calculator for Rupee Savings, Bachat Account, Asaan Savings and Certificate of Islamic Investment (COII). SIP + WHT + Mudarabah structure included.

Last reviewed: 14 July 2026Results are estimates. Verify rates from the linked official sources before acting on the number.

About the Meezan Savings Profit Calculator 2026 (Rs 1 Lakh Earns Rs 550 Monthly at 6.58%)

Rs 100,000 in a Meezan Rupee Savings Account earns approximately Rs 550 per month gross (Rs 468 net after 15 percent filer withholding tax) at the current 6.58 percent per annum profit rate declared for June 2026. Free Meezan Bank savings account profit calculator covering all four main Islamic banking savings products: Meezan Rupee Savings Account (Rs 100 minimum, ~6.5 percent per annum, monthly profit distribution), Meezan Bachat Account (Rs 25,000 minimum for higher-tier rates, ~7.5 percent), Meezan Asaan Savings Account (no minimum balance, ~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.

Meezan Savings Profit Calculator

Meezan product

Rs 100 minimum (waived for Zakat recipients, students)

Expected annual profit rate %

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.

Initial deposit (PKR)

Monthly top-up (optional, PKR)

Add fresh deposits every month for compound growth (like a monthly savings habit).

Duration (months)

Withholding tax % (15% filer, 30% non-filer)

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.

Total deposited

PKR 100,000

Final balance

PKR 106,782

Gross profit (before tax)

PKR 6,782

Withholding tax (15%)

- PKR 1,017

Net profit (after tax)

PKR 5,765

Avg monthly profit (gross)

PKR 565

Avg daily profit (gross)

PKR 19

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.

Meezan Bank current-month profit rates PDF

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

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Meezan Savings Profit Calculator 2026 (Rs 1 Lakh Earns Rs 550 Monthly at 6.58%)

About the Meezan Savings Profit Calculator 2026 (Rs 1 Lakh Earns Rs 550 Monthly at 6.58%)

How to use the Meezan Savings Profit Calculator 2026 (Rs 1 Lakh Earns Rs 550 Monthly at 6.58%)

Frequently Asked Questions

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