Meezan Kafalah | Meezan Kafalah Features and basic requirements

Meezan Kafalah is a saving plan where you
as a customer will pay your contribution regularly. The Meezan Bank will pay on your deposited amount while the Takaful Partner/ Company will provide Takaful Coverage.
Meezan Kafalah has provided different type products.

Products:

01 - Hogher Education
02 - Wedding
03 - Hajj
04 - Retirement

Features:

• Meezan Kafalah Plan starts from minimum investment of Rs. 2000/ per month.
• Meezan Kafalah plan are available 3 years to 15 years.
• Continuous protection Takaful Company.
• Monthly Profit payment reinvested in your Kafalah Plan.
• Easy exit option.
• No hidden charges on premature encashment.
• Track your Investement growth through Complimentary Internet Bamking.

• Maximum protection of life Takaful upto 15Million with accidental death benefits (ADB) throughout the plan term.
• Minimum Coverage of Rs. 500,000 upon ADB claim.
• Full cover for individual with permanent total disability due to accident or sickness.
• Wakalah fee waived after 3years.
• Sole Proprietorship and Joint Account Holder can also avail this product.
• In case of Natural or accidental death Meezan Bank will also provide additional Rs. 20,000 as funeral expense.

Eligibility:

Age: 18 to 55 years.
Initial Investment: 2,000

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Nazim Academy