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

Meezan Bank'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. Cash from another bank's ATM costs Rs 35, a Visa Classic debit card costs Rs 3,500 a year, and branch SMS alerts cost Rs 2,800 a year. Closing an account costs nothing.

We read Meezan Bank's schedule of service charges, effective 1 July to 31 December 2026, on 4 November 2026. It is the bank's own PDF, linked from meezanbank.com. Federal excise duty and other taxes may apply on top. Below is every fee an ordinary account holder is likely to meet, in plain tables.

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

Meezan Bank charges nothing for interbank fund transfers until your total for the month passes Rs 25,000. After that, each transfer costs 0.1% of the amount or Rs 200, whichever is lower. So a Rs 50,000 transfer above the free limit costs Rs 50, and any transfer of Rs 200,000 or more costs the full Rs 200.

The schedule does not list a Raast charge. Raast is SBP's instant payment system, and other banks such as Allied list it as free. Before a large transfer, choose the Raast option in the Meezan app and check whether any fee is shown before you confirm. Our guide to IBFT charges at every bank compares Meezan with other banks.

Meezan debit cards cost Rs 3,500 to Rs 45,000 a year

Meezan's Visa Classic and Mastercard Classic cards cost Rs 3,500 to issue and Rs 3,500 a year. Gold costs Rs 4,500, Titanium Rs 5,000, Platinum Rs 10,000, World Rs 27,500 and Infinite Rs 45,000. The annual fee applies only to activated cards, and a replacement card costs the same as the annual fee.

Some accounts get the first card free. Meezan Digital Account holders can pick one Visa Classic, Mastercard Classic or PayPak card free with free delivery. Rupee Current and Asaan Current holders can pick one free from Visa Classic, Visa Gold, Mastercard Classic or PayPak. Senior Citizen account holders get the first Visa Gold card free. In each case the annual fee still applies from the next year. To switch your card on, see Meezan debit card activation and PIN.

Meezan charges Rs 35 for cash at another bank's ATM

Cash from a Meezan ATM is free. A withdrawal from another bank's ATM on 1Link or MNET costs Rs 35, and a balance check there costs Rs 4.67. Abroad, a cash withdrawal costs 4% of the amount or Rs 600, whichever is higher.

• Cash withdrawal at a Meezan ATM: free.
• Cash withdrawal at another bank's ATM in Pakistan: Rs 35.
• Balance enquiry at another bank's ATM: Rs 4.67.
• Cash withdrawal at an ATM abroad: 4% or Rs 600, whichever is higher.
• Balance enquiry at an ATM abroad: Rs 300.
• Card purchase in Pakistan: free.
• International purchase, online, shop or tap: 4% of the amount.
• Biometric ATM withdrawal: Rs 18 per session. QR cash withdrawal at an ATM: Rs 20.
• Declined cross-border card payment: Rs 99 after every 10th decline.

We read the ATM lines from a table whose two columns do not line up cleanly in the PDF, so check the printed schedule at your branch if a single fee matters to you. For card costs abroad compared across banks, see ATM withdrawal charges abroad.

Branch SMS alerts cost Rs 2,800 a year, app alerts are free

Branch banking SMS alerts on a rupee account cost Rs 2,800 a year for individuals and sole proprietors, and Rs 7,000 for companies. Senior Citizen and Asaan Student accounts get them free. Digital transaction SMS, push alerts and in-app notifications are free.

On a foreign currency account, branch SMS alerts cost USD 7.80 a year for individuals and USD 15.60 for companies and partnerships. If you only want alerts for card and app payments, the free push alerts may be enough.

Cheque, locker and branch charges at Meezan Bank

Most everyday branch services are cheap or free. Closing your account is free. A returned cheque for insufficient funds costs Rs 625, which is often the biggest surprise for customers.

Meezan Plus holders with Rs 200,000 skip most fees

The Meezan Plus Account waives card annual fees, all-transaction SMS alerts, stop payments, certificates and duplicate statements if you kept a monthly average balance of Rs 200,000 or more in the previous month. The PayPak, Visa Silver, Mastercard Classic and Visa Gold cards are issued free on this account.

Follow these steps to check whether you qualify:

1. Open the Meezan app and look at last month's average balance, or ask the branch.
2. Confirm it was Rs 200,000 or more. The bank checks only the previous month.
3. Pick one of the four free cards if you have none yet.
4. Expect normal charges in any month after your balance drops below the line.

Premium customers get wider waivers, but the balance bar is much higher. Visa Infinite needs at least Rs 1 million to be issued, and a Rs 3,750 monthly fee applies if a premium customer stops meeting its criteria.

Common questions

What are Meezan Bank IBFT charges in 2026?

IBFT is free up to Rs 25,000 a month. Above that, each transfer costs 0.1% or Rs 200, whichever is lower.

What is the Meezan Bank debit card annual fee?

Rs 3,500 for Visa Classic and Mastercard Classic, Rs 4,500 for Gold, Rs 2,500 for PayPak, and up to Rs 45,000 for Visa Infinite. Student cards are free.

How much does Meezan charge at another bank's ATM?

Rs 35 per cash withdrawal and Rs 4.67 per balance enquiry, as read in the July to December 2026 schedule.

Does Meezan Bank charge to close an account?

No. The schedule lists account closure as nil.

How much are Meezan SMS alerts?

Branch SMS alerts cost Rs 2,800 a year for individuals. Digital transaction SMS, push alerts and in-app notifications are free.

How we verified this

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

We read Meezan Bank's Schedule of Service Charges, July to December 2026 on 4 November 2026. The Rs 50 IBFT example is our arithmetic. The ATM and international lines sit in a misaligned table, which we matched line by line; pay order and cheque book lines did not line up clearly, so we leave them out. Meezan's call centre is 111-331-331, as printed on its profit rate sheet. For savings returns at the same bank, see the Meezan saving account profit rate.