*Applicable from July 1st, 2021 to December 31st, 2021

CUSTOMER’S ACCOUNT
Sahulat Current Account Opening Free with minimum Initial Deposit of PKR. 100/-
Bachat (PLS) Account Opening  Free with minimum Initial Deposit of PKR. 100/-
Borrower Disbursement Account Opening(BDA) Free with no initial deposit
SERVICE CHARGES
For Current Account Nil
For Saving Account Nil
Account Closure Charges Nil
*All current accounts having outstanding balance in TDRs and Loan facility accounts are exempted from service charges.
CLEARING
Cheque Return Charges-Inward Clearing PKR. 250/- plus F.E.D per instrument
Cheque Return Charges-Outward Clearing (Signature differ & Insufficient funds) PKR. 100/- plus F.E.D per instrument
Intercity Clearing lodgment PKR. 200/- plus FED per instrument
Intercity Clearing Return PKR. 250/- per instrument
Same Day Clearing lodgment PKR. 300 plus FED (Where Applicable)
Same Day Clearing Return PKR. 200 plus F.E.D
Outward Bills for Collection (OBC)-Clean
Clean Collection (Cheques) PKR. 250/- plus FED, PKR. 50 postage and actual DD charges charged by drawee bank
OBC Return PKR. 250/- plus F.E.D, PKR 50 postage and actual DD charges charged by drawee bank
Banker’s Cheque (For A/C holders only)
Banker’s Cheque Issuance Charges PKR. 150/- plus F.E.D
Banker’s Cheque Cancellation Charges PKR. 100/- plus F.E.D
Duplicate Banker’s Cheque Issuance Charges PKR. 150/- Plus F.E.D
Internet Banking Charges
Internet Banking Subscription Free
RTGS (Real Time Gross Settlement)**
From 9:00 a.m. to 12:30 p.m. PKR. 220/-
From 12:30 p.m. to 3:00 p.m. PKR. 330/-
From 3:00 p.m. to 4:00 p.m. PKR. 550/-
Inter Bank Fund Transfer (IBFT)
Up to PKR 25,000/- Per month Free
Above PKR 25,000/- Per month 0.1% or PKR. 200/- (Whichever is less)
Inter Branch online transactions
Deposit ( cash ) within city Free
Deposit ( cash ) Intercity Free
Cash Withdrawal within city Free up to 500K; PKR. 50/- plus F.E.D above 500K per day
Cash Withdrawal intercity Free up to 100K per day; PKR. 50/- plus F.E.D above PKR. 100K per day
CHEQUE BOOK CHARGES
5 Leaves PKR. 25/-
10 Leaves PKR. 50/-
25 Leaves PKR. 125/-
50 Leaves PKR. 250/-
100 Leaves PKR. 500/-
F.E.D F.E.D is applicabe in the provinces of Punjab, Balochistan, Kyber Pakhtunkhawa and Sindh according to their Provincial rates, where as F.E.D is not applicable in Federal and A.J.K
MISCELLANEOUS
Stop Payment Charges (Single Cheque) PKR. 100/- Plus F.E.D (Per Instruction)
Stop Payment (Multiple Cheques) PKR. 200/- Plus F.E.D (Per Instruction)
Gold Auction Advertisement Charges PKR. 300/- Plus F.E.D
Gold Evaluation Charges to Goldsmith(At the time of Disbursement) At Actual
CERTIFICATE ISSUANCE CHARGES
Statement of account on customer demand/ Credit advice charges PKR. 35/- inclusive of F.E.D
Account/ Relationship/ Balance Certificate PKR. 100/- Plus F.E.D
Duplicate Copy of Paid Cheque/instruction(Less than 6 Months) PKR. 100/- Plus F.E.D
Duplicate Copy of Paid Cheque/instruction(More than 6 Months) PKR. 200/- Plus F.E.D
Mailing Charges (Postage, Courier & Fax) Actual, Minimum PKR. 50/-plus F.E.D
Confirmation of Balance to 3rd Party (Auditors) PKR. 300/- plus F.E.D
Standing Instruction Charges PKR. 100 Plus FED per Transaction
ATM,VISA, SMS & E-Statement

EMV VISA Classic - ATM Card Issuance

PKR. 300/- Plus F.E.D

EMV VISA Classic - ATM Card Re-issuance

PKR. 300/- Plus F.E.D

EMV VISA Classic - ATM Card Renewal

PKR. 300/- Plus F.E.D

EMV VISA Classic Plus - ATM Card Issuance

PKR. 500/- Plus F.E.D

EMV VISA Classic Plus - ATM Card Re-issuance

PKR. 500/- Plus F.E.D

EMV VISA Classic Plus - ATM Card Renewal

PKR. 500/- Plus F.E.D

PAY PAK Classic- ATM Card-Issuance

PKR. 300/- Plus F.E.D

PAY PAK Classic- ATM Card Re-Issuance

PKR. 300/- Plus F.E.D

PAY PAK Classic- ATM Card Renewal

PKR. 300/- Plus F.E.D

PAY PAK Gold- ATM Card-Issuance

PKR. 500/- Plus F.E.D

PAY PAK Gold- ATM Re-Issuance

PKR. 500/- Plus F.E.D

PAY PAK Gold- ATM Card Renewal

PKR. 500/- Plus F.E.D
Cash withdrawal from Other Bank (ATM 1-Link/ M-Net) PKR. 18.75/-(Inclusive of F.E.D)
Balance Enquiry on 1-Link ATM PKR 2.5 /-(Inclusive of F.E.D)
Mini-statement MMBL ATM Free
SMS Banking Charges Free
E-Statement Free
Inter Bank Fund Transfer through ATM (IBFT)
Customer Fee Customer Charges Current Status
     
From R.s. 0 to 10,000/- R.s.1/- R.s.2/-
From R.s. 10,001/- to 250,000/- R.s.8/- R.s.16/-
*From R.s. 250,001/- to 1000,000/- R.s.15/- R.s.30/-
*From R.s. 1000,001/- and Above R.s.30/- R.s.60/-
*1-Link Approval Required - -
**Waiver of Charges (IBFT & RTGS) Incoming Interbank, Intrabank & RTGS (MT 102 & MT 103) fund transfer charges are free of charge.  
Locker Charges
Category Lockers Security Key Deposit Annual Fee
For General Public

Small
Medium
Large

R.s.10,000/-
R.s.15,000/-
R.s.20,000/-
*Refundable at the time of surrender of locker

R.s.2,500/-Plus F.E.D
R.s.3,500/-Plus F.E.D
R.s.5,000/-Plus F.E.D
For MMBL Staff Small
Medium
Large
R.s.5,000/-
R.s.7,500/-
R.s.10,000/-
*Refundable at the time of surrender of locker
R.s.1,250/-Plus F.E.D
R.s.1,750/-Plus F.E.D
R.s.2,500/-Plus F.E.D
Loan Products
Sr. # Product Name Revised Processing Fee* Loan Limits Tenure
1 Khushhal Kissan Loan Rs. 2,500 or 2.5% (whichever is higher)

20,000 – 50,000

50,001 – 75,000

75,001 – 150,000

150,001 – 350,000

3 Months - 12 Months
2 Khushhal Kissan Loan - Value Chain Rs. 2,250 20,000 – 350,000 6 Months
3 Karobar Loan Rs. 2,500 or 2.5% (whichever is higher)

30,000 – 50,000

50,001 – 100,000

100,001 – 350,000

3 Months - 2 Years
4 Livestock Loan Rs. 2,500 or 2.5% (whichever is higher)

20,000 – 50,000

50,001 – 75,000

75,001 – 150,000

150,001 – 350,000

6 Months - 12 Months
5 Fori Cash Loan Rs. 3,000 or 2% of Loan amount (Whichever is higher) 25,000 – 350,000

1 Month - 12 Months

6 Fori Cash Plus Loan Rs. 7,500 or 0.5% of Loan amount (Whichever is higher)

 

350,001 – 500,000

500,001 – 3,000,000

 

12 Months
7 Tractor Loan 2% of Loan Amount Up to 3,000,000 1 Years - 10 Years
8 Agri. Passbook Loan 2% of Loan Amount

50,000 - 150,000

150,0001 - 250,000

250,001 - 350,000

350,001 - 3,000,000

Production = 1 Years
Development = Up to 10 years
9 House Loan Rs. 2,500 or 2.5% (whichever is higher) Up to 500,000 Up to 5 Years
0.5% of Loan Amount 500,001 – 1,000,000 Up to 7 Years
1,000,001 – 3,000,000 Up to 20 Years
10 Commercial Vehicle Loan 1% of Loan Amount Up to 3,000,000 Up to 1000 CC= up to 7 Years
Above 1000 CC= up to 10 Years
11 School Loan 2% of Loan Amount Up to 1,000,000 Up to 5 Years
For Lending Products Pricing Structure Click Here

*Excluding of F.E.D

  • Withholding Tax / FED / Any other taxes will be charged / levied as per applicable Government Rates.
  • Salary and Zakat Accounts are exempted from Service Charges.
  • No initial deposit required for opening of accounts by (i) Mustahkeen of Zakat (ii) Students (iii) Employees of Government or Semi-Government Institutions for Salary and Pension purposes (including widows / children of deceased employees eligible for family pension / benevolent fund grant, etc.) and other similar type of accounts.
  • No service charges for Employees of Mobilink Microfinance Bank Ltd except from 1-Link/MNet charges.
  • In view of limited number of lockers staff can avail upto 10% of total lockers (small & medium).

 

coivid