Bank Makramah Schedule of Charges July to December 2026: IBFT, ATM, Debit Card and SMS Fees in Pakistan (Full List)

Bank Makramah publishes one schedule for its conventional accounts and another for Islamic banking. We read the 16 page conventional schedule from the bank's own website. Below are the fees an ordinary account holder meets: transfers, ATM, debit cards, SMS, cheques, statements and lockers. The schedule says federal excise duty or sales tax on services is added where it shows "+FED".

Bank Makramah IBFT is free up to Rs 25,000 a month, Raast is free

Transfers to another bank through the ATM, internet banking or the Bank Makramah app are free up to at least Rs 25,000 a month per account. Above that, the bank charges 0.1% of the amount or Rs 200, whichever is lower. Raast to Raast transfers are free. Transfers within Bank Makramah, bill payments, mobile top ups and 1Bill payments are free too.

The Rs 1 title fetch is a small extra. NBP, for example, lists it as free in the NBP schedule of charges. On a Rs 100,000 transfer after your free Rs 25,000, the fee is Rs 100.

ATM charges: free at Bank Makramah, Rs 35 at other banks

Cash and balance checks at Bank Makramah's own ATMs are free. At another bank's 1-Link ATM, a withdrawal costs Rs 35, or Rs 39.67 with a receipt. White label ATMs, the ones not run by a bank, cost more. The 1-Link fee is explained in the 1-Link ATM fee rise.

1. Cash withdrawal at a Bank Makramah ATM: free.
2. Cash withdrawal at another bank's 1-Link ATM: Rs 35, or Rs 39.67 with a receipt.
3. Balance inquiry at another 1-Link ATM: Rs 4.67, with or without a receipt.
4. Cash withdrawal at a white label ATM: Rs 57 or the actual charge.
5. Balance inquiry at a white label ATM: Rs 5.93 or the actual charge.

Debit cards: PayPak Rs 1,800, UnionPay Rs 2,500 to Rs 7,500

The same fee is charged to issue the card, every year after, and to reissue it, plus FED. Each UnionPay tier needs a minimum deposit. Replacing an expired card is free.

Supplementary cards cost the same as the main card. Abroad, a cash withdrawal or a card payment costs 4% or at least Rs 400, and a balance check at a foreign ATM costs Rs 200. Other options for travel are in ATM withdrawals abroad.

SMS alerts: Rs 2,220 a year, digital transaction alerts free

Alerts on digital transactions are free. The complete SMS alert service, for local numbers only, costs Rs 2,220 a year plus tax, or Rs 185 a month plus tax. That is higher than several banks in our SMS alert charges comparison, so check whether the free digital alerts are enough for you.

Pay orders free, stop payment Rs 500, cheque book Rs 20 a leaf

Bank Makramah issues pay orders and call deposit receipts free. Closing an account is free. There is no charge for falling below the minimum balance, though the schedule still asks current account holders to keep Rs 25,000.

A cheque book not collected within 90 days is shredded and still charged. Lockers are at chosen branches only. Yearly rent is Rs 3,750 for small, Rs 5,000 medium, Rs 6,250 large and Rs 7,000 extra large, with key deposits of Rs 4,000 to Rs 12,000. Rent is waived if you keep a bigger key deposit, from Rs 50,000 for a small locker. Bank Makramah's deposit rates are in Bank Makramah profit rates.

Common questions

Does Bank Makramah charge for IBFT?

Not on the first Rs 25,000 a month. Above that it charges 0.1% of the amount or Rs 200, whichever is lower. Raast transfers are free.

What is the Bank Makramah debit card annual fee?

Rs 1,800 plus FED for PayPak, and Rs 2,500, Rs 3,600 or Rs 7,500 plus FED for UnionPay Classic, Gold or Platinum.

How much are Bank Makramah SMS alerts?

Rs 2,220 a year plus tax, or Rs 185 a month plus tax, for full alerts. Alerts on digital transactions are free.

Is a pay order free at Bank Makramah?

Yes. Issuing a pay order or call deposit receipt is free. Cancelling one or getting a duplicate costs Rs 300.

Does Bank Makramah charge for a low balance?

No. The schedule says no minimum balance charge applies to any deposit account, though it asks current account holders to keep Rs 25,000.

How we verified this

What we checked, where we read it, and what we could not confirm.

Last checked 10 November 2026. We read the Bank Makramah Schedule of Bank Charges, 1 July to 31 December 2026 (conventional), linked from the Bank Makramah schedule of charges page. The Islamic banking schedule for the same period is a separate file on that page and is not covered here. The transfer example is our own arithmetic.