Meezan Bank, recognized as Pakistan’s leading Islamic bank, has enhanced its fund transfer and ATM withdrawal limits for debit cardholders. The updated limits aim to offer greater convenience and flexibility for customers, enabling seamless financial transactions. The new limits will officially come into effect from January 5, 2025.
This announcement has been shared via SMS and across social media platforms, ensuring all cardholders are informed about the changes. Below is a detailed breakdown of the revised limits based on card type:
Revised Fund Transfer and ATM Withdrawal Limits
| Card Type | Fund Transfer (PKR) | ATM (PKR) |
|---|---|---|
| PayPak | 250,000 | 250,000 |
| Visa & Mastercard Classic | 1,000,000 | 1,000,000 |
| (Includes Women, Teens & Kids Card, Student) | ||
| Visa Gold | 1,500,000 | 1,500,000 |
| Mastercard Titanium | 2,000,000 | 2,000,000 |
| Visa & Mastercard Platinum | 2,500,000 | 2,500,000 |
| Mastercard World | 3,000,000 | 3,000,000 |
| Visa Infinite | 5,000,000 | 5,000,000 |
Key Features of the New Limits
- Convenience for Cardholders: The increased limits allow customers to transfer higher amounts via IBFT (Interbank Fund Transfer) and RAAST and make larger ATM withdrawals.
- Comprehensive Coverage: The changes apply to all debit card categories, including specialized cards for women, teens, kids, and students.
- Enhanced Financial Flexibility: Higher limits empower customers to manage their finances more effectively without the need for repeated transactions.
Effective Date
The revised fund transfer and ATM withdrawal limits will take effect starting January 5, 2025, providing customers ample time to adjust to these enhancements.
How to Stay Updated
Meezan Bank continues to prioritize customer satisfaction by enhancing banking services. For further updates or inquiries, customers can contact Meezan Bank’s helpline or visit the official website.
These improvements reflect Meezan Bank’s commitment to innovation and customer convenience, aligning with its vision to lead the way in Islamic banking in Pakistan.
