Meezan Bank is the first largest Islamic commercial bank of Pakistan. It’s Head Quater is in Karachi and it is established in the year 1997. Because of Islamic commercial banking; Meezan bank has more than 660 branches in more than 159 cities. However, In the year 2002 Meezan Bank, become the first bank of Pakistan to get Islamic Commercial Banking license from State Bank.
Meezan Bank is the fastest growing bank of Pakistan. Customer care is causing the bank to grow day by day. Easy banking is the reason behind the success of the bank. Meezan Bank is providing many amazing offers for, needy customers like buying bikes, cars, mobile phones, etc. on easy installments. So Meezan gives you the opportunity to own your dream phone for easy installments.
The customer can choose the duration of payment, where the minimum duration is 6 Month and the maximum is 24 Months. The down-payment varies from the brand and model of the smartphone.
Customers Eligible for Meezan Smartphones
The person must be Pakistani, adult and also a permanent resident of Pakistan.
- Age and Tenor
20 – 65 years old (Businessmen and SEP) at maturity
20 – 60 years old (Salaried) at maturity
- Income (in PKR)
Salaried Class: Rs 25,000
SEP : Rs 40,000
Businessmen : Rs 40,000
Terms and Conditions
- Debt Burden Ratio
35% for net monthly income /- (For Salaried, SEP, and Businessmen)
- Processing Fee
- Payment Mode
Direct debit instruction (DDI)
Note: Meezan Bank cart is filled with popular branded phones click the link and check for yourself.
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