Meezan Labbaik Saving Asaan Account in 2025 | Labbaik Account Ki Mukammal Malomat Urdu Hindi |Meezan
Meezan Labbaik Saving Asaan
Open a Labbaik Saving Account
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A Holy Journey with Comfort & Convenience
Meezan Labbaik Saving Asaan is an ideal deposit product for you if you are an individual saver and wish to save for your spouse, children, parents, etc. You can take benefit from this special Mudarabah based Deposit account (available in six months to twenty years plan) for Umrah & Hajj where you will also be entitled for profit on the deposited amount, thus providing Customers a bigger incentive to save for Umrah/Hajj through Meezan Labbaik Saving Asaan. Meezan Labbaik Saving Asaan Account can be opened by Individuals.
Key Features
Minimium Investment
Minimium Investment
Minimum deposit required to open an account is Rs. 1,000/-
Duration
Duration
Labbaik Saving Plan is available for six (06) months to twenty (20) years
Additional Deposits
Additional Deposits
Customers can deposit additional amounts in order to complete the deposit amount and make the desired journey sooner
Recurring Deposits
Recurring Deposits
Customers will deposit monthly contribution as per the deposit schedule plan
Customer Choice
Customer Choice
After completion of the desired deposit amount, customers will have a right to travel with Meezan Bank or redeem their funds to go with an alternate company
Withdrawal Schedule
Withdrawal Schedule
No pre-mature withdrawal schedule will be applied
One Account, Many people
One Account, Many People
Available for individuals, where customers can open a single / joint account with family members
50% Redeem
50% Redeem
Customers may redeem 50% of the contribution as per defined procedure, one-time in the entire deposit tenure
No Card
No Cheque Book or Card
Labbaik Saving Account is a non-chequing account, where no cheque book or VISA Debit Card will be issued
How the Labbaik Savings Account Works
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On agreeing to become a Labbaik Saving Asaan Account holder, you will enter into the relationship of Mudarabah with the Bank. Under this relationship, you will be the Investor (or Rab-ul- Maal) and the Bank will be the Manager (or Mudarib) of the funds deposited by you in the Deposit pool. These funds will be utilized by the Bank to provide financing to customers under Islamic modes of financing, including but not limited to Murabaha, Ijarah, Istisna and Diminishing Musharakah.
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