MCB is one of the oldest Pakistani banks incorporated on July 9th 1947, the bank was nationalized in 1974 under the Government of Pakistan reform movement and was later on privatized in 1991. Currently, the bank has a total of 1,387 domestic branches, 1100+ ATMs and 11 offshore branches.
MCB also offers its customers with the services of internet banking so that people can maintain their finances from the comfort of their house or from wherever they are.
Some of the features of MCB Internet banking are mentioned below:
Let’s look at 3 different types of account you can open at MCB Bank:
There are 2 types of people who can apply for a current account at MCB Bank:
Salaried individual:
To apply for a current account at MCB Bank, you need to collect the following documents:
Business owner:
Collect and submit the following documents to the bank if you want to open a current account at MCB Bank:
After you’ve submitted these documents, you’d also need to pay a minimum fee of 1000 PKR for account opening and will also need to maintain a minimum balance of 10000 PKR for account maintenance.
There are 2 types of people who can apply for a savings account at MCB Bank:
Salaried individual:
To apply for a savings account at MCB Bank, you need to collect the following documents:
Business owner:
Collect and submit the following documents to the bank if you want to open a savings account at MCB Bank:
After submitting these documents you’d also need to pay a minimum fee of 100 PKR for account opening while no minimum balance is required for account maintenance.
The MCB Bank PLS savings account has an annual equivalence rate(AER)/interest rate of 8%.
Read More: How to open an account at Askari Bank
MCB Bank also offers a Fun Club account for kids, this account serves as a savings account for children helping them to understand the importance of financial planning.
In all these are the 3 types of accounts you can open at MCB Bank, so if you feel interested, visit you nearest MCB Bank branch to apply or download the account opening form from this page.
Not convinced? Here is a complete list of all Pakistani banks where you can open your accounts:
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