*APPLICABLE FROM 1st Jan 2019 to June 30th 2019

CUSTOMER’S ACCOUNT
Sahulat CURRENT ACCOUNT OPENING Free with minimum Initial Deposit of PKR. 100/-
Bachat (Pls) Account Opening Borrower Disbursement Account Opening Free with minimum Initial Deposit of PKR. 100/-
BASIC BANKING ACCOUNT (BBA) ACCOUNT OPENING Free with Initial Deposit of PKR. 1000/-
SERVICE CHARGES
For Current Account Nil
For Saving Account Nil
Account Closure Charges Nil on all Accounts
*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 PKR. 100/- plus F.E.D per instrument
Intercity Clearing lodgment PKR. 200/- plus FED per instrument
Intercity Clearing Return PKR. 200/- 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
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 Charges Free
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/-
MISCELLANEOUS
Stop Payment Charges (single cheque) PKR. 100/- Plus F.E.D
Stop Payment (Series of Cheques) PKR. 200/- Plus F.E.D
Account Closure Charges (Current AC) PKR. 100/- Plus F.E.D
CERTIFICATE ISSUANCE CHARGES
Duplicate Statement of Account / Advice Charges PKR. 35/- inclusive of FED
Account/Relationship/Balance Certificate PKR. 100/-
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. 50 Plus FED per Transaction
ATM,VISA, SMS & E-Statement
EMV VISA Classic- ATM Card Issuance 300/- Plus F.E.D
EMV VISA Classic- ATM Card Re-issuance 300/- Plus F.E.D
EMV VISA Classic- ATM Card Renewal 300/- Plus F.E.D
EMV VISA Classic Plus- ATM Card Issuance 500/- Plus F.E.D

EMV VISA Classic Plus- ATM Card Re-issuance

500/- Plus F.E.D

EMV VISA Classic Plus- ATM Card Renewal

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 M-Net ATM 5/-(Inclusive of F.E.D)
Balance enquiry on 1-Link ATM R.s. 2.5/-
Balance enquiry M-Net ATM PKR. 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 - Effective March, 2019 Customer Charges Current Status
Cash withdrawal from Other Bank (ATM 1-Link/ M-Net) 15/-(Inclusive of F.E.D) 18.75/-(Inclusive of F.E.D)
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 Approvel Required (Inclusive of all Taxes) -
Card issuance Fee 500/- Plus F.E.D -
Basic Card Annual Fee Free -
Supplementary Card issuance Fee 300/- Plus F.E.D -
Renewal Fee 500/- Plus F.E.D -
Basic Card Replacement Fee 250/- Plus F.E.D -
Supplementary Card Replacement Fee 250/- Plus F.E.D -
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/-
R.s.3,500/-
R.s.5,000/-
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/-
R.s.1,750/-
R.s.2,500/-
Karobar LOAN
Markup Rate 18% Flat p.a.
Processing Fee PKR.1,150 Plus FED
Credit Insurance Free
Pre-payment 5% of Balance Principle Amount if completed tenure is less than 80%
Late Payment Penalty PKR 25/- per day
KHUSHHAL KISAN LOAN
Markup Rate 32% Flat p.a.
Credit Insurance Free
Processing Fee PKR.1,800/- Plus FED
payment penalty 5% of Balance Principle Amount if completed tenure is less than 50%
FORI CASH LOAN
Markup Rate 21-24% Flat p.a.
Credit Insurance Free
Processing Fee PKR.1,500/- Plus FED
Late Payment Penalty

PKR 50/- per day

Pre-payment Nil
MICROENTERPRISE LOAN
Markup Rate 18-20% Flat p.a.
Credit Insurance Free
Processing Fee 1.5% OF Principal Loan Amount plus FED
Pre-payment 5% of Balance Principle Amount if completed tenure is less than 80%
TRACTOR LOAN
Markup Rate 10% Flat p.a.
Credit Insurance Free
Processing Fee 1.5% OF Principal Loan Amount plus FED
Pre-payment Nil
AGRI. PASS BOOK LOAN
Markup Rate 20-25% Flat p.a.
Credit Insurance Free
Processing Fee 1.50% OF Principal Loan Amount plus FED
Pre-payment Nil
LIVESTOCK LOAN
Markup Rate 31% Flat p.a.
Credit Insurance Free
Processing Fee PKR.1,500/- Plus FED
Pre-payment 5% plus FED of Balance Principle Amount if completed tenure is less than 80%
HOME REMITTANCES
Home Remittance No charges recovered on Home Remittances routed under SBP Home Remittance rebate Scheme.
Issuance of Proceed Realization Certificate for remittance received within three months. Free
Issuance of Proceed Realization Certificate for remittance received beyond three months. 450+FED per certificate
Issuance of Duplicate Proceed Realization Certificate. 600+FED per certificate
Mobi House Loan
Processing Fee 1.5% of Principal Loan Amount Plus F.E.D
Credit Insurance Free
Pre-payment Penalty Nil
Markup Rate 12% Flat p.a.
  • 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).
  • Charges Levied because of processing error will be refunded.
  • F.E.D is applicable in the Provinces of Punjab, Balochistan, Kyber Pakhtunkhawa and A.J.K according to their Provincial rates, where as F.E.D is not applicable in Federal Capital and Sindh Province
  • *In connection to SBP PSD circular 9/2018, Point 1, Sub point (3)