BankIslami Schedule of Charges July to December 2026: IBFT, ATM, Debit Card and SMS Fees in Pakistan (Full List)
BankIslami schedule of charges July to December 2026: IBFT free to Rs 25,000, Raast free, Rs 35 at other ATMs, debit cards Rs 2,200 to Rs 40,000. Full list.
BankIslami's schedule of charges for July to December 2026 keeps transfers to other banks free up to Rs 25,000 a month, then charges 0.1% or Rs 200, whichever is lower. Raast is free. Cash from another bank's ATM costs Rs 35, a Classic Debit Mastercard costs Rs 3,200 a year, and SMS banking costs Rs 2,200 a year. Closing an account costs nothing.
We read BankIslami Pakistan's own Schedule of Bank Charges, effective 1 July to 31 December 2026, on 8 November 2026. It is a 34 page PDF on bankislami.com.pk. Government taxes may be added to many lines. Below is every fee an ordinary account holder is likely to meet.
BankIslami IBFT is free up to Rs 25,000 a month and Raast is free
BankIslami charges nothing for interbank fund transfers through its ATM, internet banking or mobile app until your total for the month passes Rs 25,000. After that, each transfer costs 0.1% or Rs 200, whichever is lower. Raast is free, and so is IBFT at the branch counter.
That last line is unusual. Many banks charge Rs 200 or more for a counter transfer. At BankIslami, the One Touch Banking counter lists IBFT, transfers within the bank, utility bills, mobile top up and pay orders as free.
| Transfer or payment | BankIslami charge, July to December 2026 |
|---|---|
| IBFT by ATM, internet or app, first Rs 25,000 a month | Free |
| IBFT above Rs 25,000 a month | 0.1% or Rs 200, whichever is lower |
| Raast | Free |
| IBFT at the branch counter | Free |
| Bills and payments by ATM, internet, app or call centre | Free |
| 1Bill transaction | Rs 10 |
| Utility bill at the branch | Rs 8 a bill, included in the bill |
| Standing instruction | Rs 200 per instruction |
A Rs 80,000 app transfer after the free limit costs Rs 80. A Rs 500,000 transfer costs Rs 200, while Raast costs nothing. For other banks, see IBFT charges at every bank.
BankIslami debit cards cost Rs 2,200 to Rs 40,000 a year
The BankIslami PayPak card costs Rs 2,200 a year. The Classic Debit Mastercard costs Rs 3,200, Gold Rs 4,000, Titanium Rs 5,000, Platinum Rs 7,000, World Rs 20,000 and World Elite Rs 40,000. The same amount covers issuance, the yearly subscription and a replacement.
| BankIslami debit card | Issuance, annual or replacement fee |
|---|---|
| PayPak Debit Card | Rs 2,200 a year |
| Classic Debit Mastercard | Rs 3,200 a year |
| Gold Debit Mastercard | Rs 4,000 a year |
| Titanium Debit Mastercard | Rs 5,000 a year |
| Platinum Debit Mastercard | Rs 7,000 a year |
| World Debit Mastercard | Rs 20,000 a year |
| World Elite Debit Mastercard | Rs 40,000 a year |
Some accounts cut this fee. The schedule gives a 50% discount on the Classic Mastercard or PayPak card on certain accounts, and makes them free for an average balance of Rs 100,000. Check your account's own section before paying. Under SBP rules, the annual fee applies only to a card you have activated, as our guide to the annual fee after activation rule explains.
BankIslami charges Rs 35 for cash at another bank's ATM
Cash from a BankIslami ATM is free. A withdrawal from another bank's ATM on 1Link costs Rs 35, and a balance check there costs Rs 6. Abroad, cash withdrawals and card purchases cost 4.5% of the amount, and a balance check costs Rs 350.
- Cash withdrawal at a BankIslami ATM: free.
- Cash withdrawal at a 1Link ATM: Rs 35.
- Balance enquiry at a 1Link ATM: Rs 6.
- Receipt printing: Rs 6.
- Shop or online purchase in Pakistan: free.
- Cash, shop or online purchase abroad: 4.5% of the amount.
- Balance enquiry at an ATM abroad: Rs 350.
- False dispute claim: Rs 1,000 per transaction.
A Rs 30,000 purchase abroad costs Rs 1,350 in bank fees, before any government tax. Our guide to foreign transaction fees on debit cards compares this with wallets and other banks.
BankIslami SMS banking costs Rs 2,200 a year
BankIslami charges Rs 200 a month or Rs 2,200 a year for its SMS banking service, and Rs 4,500 a year for corporate customers. Regulatory e-statements are free. A bundle of SMS and subscription e-statements costs Rs 250 a month or Rs 2,900 a year.
| Branch or account service | BankIslami charge |
|---|---|
| Account closing | Nil |
| SMS banking | Rs 200 a month or Rs 2,200 a year |
| Cheque return, inward clearing or cash cheque | Rs 500 flat |
| Cheque return, outward clearing | Free |
| Stop payment | Rs 400 a leaf, at most Rs 2,000 |
| Duplicate statement | Rs 40 |
| Balance confirmation to auditors | Free |
| Tax certificate | Free |
| Other certificate | Rs 200 |
| Cheque book after the first | Rs 20 a leaf |
| Intercity clearing | Rs 300 an item |
Collect your first cheque book within 30 days. The first 10 leaves are free on current, Sahulat and Bachat accounts, but an uncollected book is charged at Rs 20 a leaf. If you no longer want SMS alerts, see how to cancel a bank SMS subscription.
BankIslami lockers now need a security deposit
BankIslami now issues new lockers only against a security deposit: Rs 45,000 for small, Rs 65,000 for medium and Rs 90,000 for large. The deposit sits in a profit paying Mudaraba account. Old rental lockers at Rs 5,000, Rs 7,000 and Rs 9,000 a year continue as they are.
A refundable key deposit of Rs 3,500 is also taken. Each locker carries Takaful cover of Rs 1.5 million, Rs 2 million or Rs 2.5 million by size. Breaking a locker is charged at actual cost.
To check what your own account pays, follow these steps:
- Open the BankIslami app and note your account type and average balance.
- Find your account's section in the schedule, which lists its free services.
- Compare those with the general fees in the tables above.
- Call BankIslami on 021-111-475-264 if a charge is not in the schedule.
- Ask for a written reference number if you raise a complaint.
Common questions
What are BankIslami IBFT charges in 2026?
Free up to Rs 25,000 a month by ATM, internet banking or app. Above that, 0.1% or Rs 200, whichever is lower. Raast and counter IBFT are free.
What is the BankIslami debit card annual fee?
Rs 2,200 for PayPak, Rs 3,200 for Classic Mastercard, Rs 4,000 for Gold and up to Rs 40,000 for World Elite.
How much does BankIslami charge at another bank's ATM?
Rs 35 per withdrawal and Rs 6 per balance check on a 1Link ATM.
Does BankIslami charge to close an account?
No. The schedule lists account closing charges as nil.
How much is BankIslami SMS banking?
Rs 200 a month or Rs 2,200 a year for individuals, and Rs 4,500 a year for corporate customers.
What does a cheque return cost at BankIslami?
Rs 500 flat for a cheque returned through inward clearing or as a cash cheque. Outward clearing returns are free. Read more on cheque return charges at other banks.
How we verified this
What we checked, where we read it, and what we could not confirm.
We read BankIslami's Schedule of Bank Charges, 1 July to 31 December 2026 on 8 November 2026, linked from its schedule of charges page. The Rs 80 and Rs 1,350 examples are our arithmetic. To set up the app, see BankIslami app registration, and for deposit returns see BankIslami profit rates.
About the author
Senior Writer, Public Services and Technology
Shahid joined us in 2024 as an author. He is a senior contributor to Pakistan's leading technology websites. He writes detailed articles, mostly covering his expertise in the latest tech, mobiles, apps, gadgets, and step-by-step guides. His ideology is to help people understand the latest trends and explain complex methods through very easy-to-understand guides.
