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

We read MCB Islamic Bank's own Schedule of Bank Charges covering July to December 2026 on 8 November 2026. It is the PDF listed first on the bank's schedule of charges page. Federal excise duty is added to many lines. MCB Islamic is a separate bank from MCB Bank, with its own fees and its own SUBUK app. Below is every fee an ordinary account holder is likely to meet.

MCB Islamic IBFT is free up to Rs 25,000 a month

MCB Islamic charges nothing for interbank fund transfers on its digital channels until your total for the month passes Rs 25,000 per account. After that, each transfer costs 0.1% of the amount or Rs 200, whichever is lower. IBFT over the counter through 1Link is listed as free.

So a Rs 60,000 transfer in SUBUK after the free limit is used costs Rs 60, and a Rs 250,000 transfer costs Rs 200. The schedule does not list a Raast charge, so check the fee shown in the app before you confirm a large Raast payment.

For other banks' free limits, see IBFT charges at every bank. If you cannot log in to the app, our MCB Islamic SUBUK app guide covers registration.

MCB Islamic debit cards cost Rs 2,700 to Rs 12,000 a year

MCB Islamic sells two card families. The Visa cards cost Rs 3,500 a year for Classic, Rs 4,500 for Gold, Rs 6,000 for Platinum, Rs 4,000 for Niswaan and Rs 2,700 for Junior. UnionPay cards cost Rs 3,400 for Classic, Rs 4,300 for Gold and Rs 12,000 for Platinum. PayPak costs Rs 3,000. UnionPay and PayPak fees carry FED on top.

The Visa Platinum card has no issuance, quarterly or annual fee while you keep the Rs 3 million balance. Some salary and PayFlex packages also give a free first PayPak, UnionPay Classic or UnionPay Gold card. A bank can charge the annual fee only on an activated card, as our guide to the annual fee after activation rule explains.

MCB Islamic charges Rs 35 for cash at another bank's ATM

Cash from an MCB Islamic ATM is free. A withdrawal from another 1Link member bank's ATM costs Rs 35. Abroad, a rupee card withdrawal costs 3.5% plus Rs 600, and a balance check costs Rs 300. On a foreign currency Visa card, cash abroad costs 3% plus USD 2.

• Cash withdrawal at an MCB Islamic ATM: free.
• Cash withdrawal at another 1Link bank's ATM: Rs 35, lower on some accounts.
• Cash withdrawal abroad on a rupee card: 3.5% plus Rs 600, including FED.
• Balance enquiry abroad on a rupee card: Rs 300.
• Cash withdrawal abroad on an FCY Visa card: 3% plus USD 2.
• Balance enquiry abroad on an FCY Visa card: USD 1.
• Dispute handling on UnionPay and Visa cards: at actual cost.

A Rs 50,000 cash withdrawal abroad costs Rs 2,350 in bank fees, which is 3.5% plus Rs 600. That is a strong reason to carry a foreign currency card on a trip. Our guide to ATM withdrawals abroad compares other banks.

MCB Islamic SMS alerts cost Rs 3,350 a year plus FED

MCB Islamic charges Rs 3,350 a year plus FED for SMS alerts. The schedule says a monthly price of Rs 280 plus FED will be introduced and customers will be told after it starts. All SMS notifications for digital channel transactions are free.

A cheque returned at the counter is not charged, the schedule says. Only a cheque returned through clearing for low funds costs Rs 350. If you do not need branch alerts, see how to cancel a bank SMS subscription.

MCB Islamic lockers cost Rs 5,000 to Rs 10,000 a year

A small MCB Islamic locker, up to 0.40 cubic feet, costs Rs 5,000 a year. A medium one costs Rs 7,500 and a large one Rs 10,000. The fee is taken a year in advance, and a refundable key deposit of Rs 5,000 applies to every size.

Late payment does not earn the bank anything. It is collected as a charity amount of Rs 250 a month for small, Rs 400 for medium and Rs 600 for large lockers, after one month's grace, and moved to the bank's charity fund. Breaking a locker is charged at actual cost.

To check what your own account pays, follow these steps:

1. Open SUBUK and note your account type and average balance.
2. Find your account or package in the schedule's general banking section, which lists its free services.
3. Compare those with the general fees in the tables above.
4. Ask the branch about any fee you were charged that the schedule does not show.
5. If the reply does not settle it, complain in writing and keep the reference number.

Common questions

What are MCB Islamic IBFT charges in 2026?

Free up to Rs 25,000 a month per account on digital channels. Above that, 0.1% or Rs 200, whichever is lower. Over the counter IBFT through 1Link is free.

What is the MCB Islamic debit card annual fee?

Rs 3,500 for Visa Classic, Rs 4,500 for Visa Gold, Rs 3,000 plus FED for PayPak and Rs 3,400 plus FED for UnionPay Classic.

Is MCB Islamic the same as MCB Bank?

No. They are separate banks with separate fee schedules. MCB Bank's fees are in our MCB schedule of charges guide.

How much does MCB Islamic charge at another bank's ATM?

Rs 35 per cash withdrawal on a 1Link member bank's ATM, though some accounts get lower charges.

How much are MCB Islamic SMS alerts?

Rs 3,350 a year plus FED. SMS for digital channel transactions are free.

What does a bounced cheque cost at MCB Islamic?

Rs 350, charged to the account holder who wrote a cheque that came back unpaid through clearing for low funds. See 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 MCB Islamic Bank's Schedule of Bank Charges covering July to December 2026 on 8 November 2026, linked from its schedule of charges page. The Rs 60 and Rs 2,350 examples are our arithmetic. The schedule's general section does not state an account closing fee for customers, so we do not give one; ask your branch.