July - December 2023

July - December 2023

 DESCRIPTION
POWER TO REDUCE CHARGES
DOMESTIC BANKING
A TRADE PURCHASES (IMPORTS) 5
B TRADE SALES (EXPORTS) 6
C TREASURY & FOREX (Investor Portfolio Securities IPS) 6
D ADVANCES 7
E GUARANTEES 9
F REMITTANCES 10
G TRANSACTION BANKING 11
H NON-DOCUMENTARY BILLS 12
I STANDING INSTRUCTIONS FEE 12
J SALE AND PURCHASE OF SECURITIES 12
K MISCELLANEOUS 14
L MCB SALARY CLUB ACCOUNTS 15
M MCB WORKS 16
N MCB FUN CLUB 16
O MCB ASSAN ACCOUNT 16
P MCB SMART BUSINESS ACCOUNT 16
Q MCB LADIES 17
R MCB ONE CURRENT ACCOUNT 17
S MCB PENSIONERS ACCOUNT (CURRENT AND SAVING) 18
T MCB SENIOR CITIZENS ACCOUNT (CURRENT AND SAVING) 18
U BASIC BANKING ACCOUNT 18
V MCB PLS SAVING XTRA ACCOUNT 18
W MCB BUSINESS ACCOUNT 18
X MCB ROSHAN DIGITAL ACCOUNT 19
Y MCB FREELANCERS ACCOUNT 19
Z MCB YOUNG ACCOUNT 19
CONSUMER BANKING
A MCB PAYPAK CLASSIC / PAYPAK GOLD DEBIT CARD 21
B MCB VISA DEBIT CARD 21
C MCB DEBIT MASTER CARD 22
D MCB VISA CREDIT CARD 24
E MCB eGATE (E-COMMERCE/MERCHANT ACQUIRING) 25
F MCB LITE 26
G CUSTODIAL SERVICES 27
H CONSUMER PRODUCTS 27
a) Personal Loan 27
b) Secured Personal Loan 27
c) Student Personal Loan 28
d) MCB Home Loan 28
e) Government Markup Subsidy Scheme Mera Pakistan Mera Ghar 29
f) Roshan Apna Ghar 29
g) MCB Green Ghar Finance 29
h) Car 4U (Auto Finance/Lease/Roshan Apni Car) 30
i) Cash 4 Cash 31
j) MCB Fleet 4U 31
k) Instant Cash Product 31
l) Revolving Overdraft Facility 31
INTERNATIONAL BANKING
IMPORTS 33
EXPORTS 35
REMITTANCES 37
MISCELLANEOUS 37
MCB PRIVILEGE CUSTOMERS 39
FEE REDUCTION GRID 40
i) MCB Burqraftaar Remittance Account and MCB Asaan Remittance Account 40
ii) Motherland Accounts 40
iii) MCB Staff (Regular/Contractual/Retired/MCB Pensioner/MCB Non-Pensioner) 40
iv) OSPs (Outsource Services Providers) 41
v) Pensioners (Other then MCB), Senior Citizens (with age of 65 years
or more ) & Physically Handicapped Persons 41

July - December 2023

 Charges mentioned in SOBC can be subject to negotiation /
reduction based on approvals, as under, to be given on
business considerations/parameters/qualifications:-

1. All trade finance / guarantee related items can be relaxed/

reduced by the Business (Respective WBG & Retail Banking
Heads) subject to sign-off as under:

WBG: Sign-off by Respective WBG Heads.

Retail Banking: Sign-off by respective “Credit and Trade

Head “&” Respective Heads Retail Banking”

2. For items other than Trade and Guarantees Respective

WBG / Retail Banking Heads authorized to reduce any
charge for the customers under their respective areas of
jurisdiction.

3. Reduction regarding Privilege Banking business will be

approved by Head Consumer & Digital Banking Group.

4. For all Consumer Products reductions/relaxations upto 50%

of the amount shall be approved by Divisional Head while
reductions/relaxations over 50% shall be approved by Head
Consumer & Digital Banking Group.

5. For Digital Banking Products reduction/relaxation shall be

approved by Head Consumer & Digital Banking Group.

6. For non corporate customer’s parked at Corporate / TBD branches,

Group Head Operation is authorized to reduce any charge for the
customers.

Notes:
It is pertinent to note that charges can only be reduced and shall
not be waived in full. A minimal charge of Rs. 1/- plus FED or
Provincial Sales Tax must be recovered.

The word FREE used in SoBC does not mean Zero Charges,
but Rs. 1/-plus applicable taxes/duties are mandatory to recover.

July - December 2023

 DOMESTIC BANKING

Over 8.5 Million Customers

Over 1430 Domestic Branches

Over 1470 ATMs

 DOMESTIC BANKING
DOMESTIC BANKING
Sales Tax / FED on all exciseable services, where ever applicable, will be recovered
in addition to the charges, unless specified otherwise.

A TRADE PURCHASES (IMPORTS)

1 a) Letters of Credit
“Where total volume of Inland LC business First Quarter Each Subsequent Quarter 3030401090
of a customer during a calendar year is:”
Upto Rs.50 Million Upto 0.50% upto 0.45%
Above Rs.50 Million upto Rs.75 Million Upto 0.45% upto 0.38%
Above Rs.75 Million upto Rs.100 Million Upto 0.38% upto 0.32%
Above Rs.100 Million upto Rs.150 Million Upto 0.32% upto 0.26%
Above Rs.150 Million Negotiable
Negotiable
Minimum Charges Upto.Rs 2,200/-
a) Service Charges on all inward bills Upto 0.15% 3060401010
presented in availment of out LCs

Minimum Charges Upto Rs.1500/-

c) Discrepant documents handling charges Upto Rs.1850/- 3030401090

(from applicant of beneficiary in accordance
with LC terms)
d) LC Cancellation Charges Upto Rs.2,000/- 3030401080
3030401090
2 Amendment in LC/Contract: 3030401630
a) Without increase in amount or extension Upto Rs.1,500/- per transaction
in expiry period Plus applicable SWIFT/Postage/Courier etc. charges
b) Involving increase in amount and/or Upto Rs.1,500/- per transaction Plus applicable
extension in expiry period commission as per time 1 (a) above and item 8 page 6

3 Documentary Inwards Bills for collection Service Charges Upto 0.15% 3030401660
Minimum Charges Upto Rs. 1,500/-
4 Documentary bills drawn against L/C
a) Sight Bills:
i) If retired within 3 days from the date of Markup (As prescribed in policy circular) and 3030401690
lodgment Commission Upto @ 0.25% of the Bill Amount
ii) If retired after 3 days from the date of Markup (As prescribed in policy circular) and
lodgment Commission Upto @ 0.25% of the Bill Amount
Minimum Charges Upto Rs. 1,000/-
b) Usance Bills: 3030401710

(i) Handling Charges Upto 0.25% Min Rs.600/- Max Rs. 1,200 per bill at the
time of retirement of bill.

(ii) If bill matures after expiry of LC. (Usual charges as at (I) above) plus Rs.500/- per bill
along with acceptance commission Upto @ 0.15% per
month on bill amount on retirement for the period
beyond validity of LC.

(iii) Extension in maturity of Usance Bills Same as under Import - International Banking

Minimum Charges Upto Rs.500/-

c) Bills under Forced PAD i.e. payment Commission Upto @ 0.45% in addition to 3030401700
not received on due date mark up as per credit approval on outstanding finance
plus handling charges (above- (I)) and commission
recoverable on usance bills under Lcs (above-(ii))

d) Bills Drawn under lnland LC and Returned Upto Rs.2,400/- 3030601130

unpaid

July - December 2023

 DOMESTIC BANKING
5 Storage charges
(a) When cleared within 3 days of receipt No charge.
by branch.
(b) From fourth day of receipt by branch. Upto Rs.100/- per packet per day. 3060601130
Minimum Charges Upto Rs.50/-

6 Miscellanous Charges (Only for Trade/WBC customers)

(a) Duplicate Advice Upto Rs.250/- Per Advice

B TRADE SALES (EXPORTS)

1 Outward documentary Bills on Service Charges upto 0.40% plus applicable courier 3030401200
collection basis charges
Minimum Charges Upto Rs.1,500/-
2 Purchase of Bills
Documentary Bills other than those Commission Upto 0.40% plus mark-up from the date 3030401200
drawn against letter of credit of purchase to the date of payment and courier
charges
Minimum Charges Upto Rs.1,000/-
3 Negotiation Commission
on sight bills purchased drawn under LCs
Upto Rs.50 Million Upto 0.50% 3030401200
Upto Rs.75 Million Upto 0.40%
Above Rs. 75 Million Negotiable
Minimum Charges Upto Rs.1,000/-

4 Collection charges for restricted LC Forwarding Bank / Branch would recover 3030401720
(Where negotiation is restricted to some other handling charges of Up to Rs.1,000/-
bank and presented to us for forwarding).

5 Usance/DA bills negotiation drawn Usual commission as at above 1.Outward 3030401200

under LCs Documentary bills on collection basis Plus
Markup/Markdown from the date of purchase
till the date of payment.
6 Returning charges for documentary collections. Upto Rs.500/- plus courier charges 3030401200

7 LC Advising/Amendment/Confirmation/ Same as under Export -International Banking 3030401720

Cancellation charges of (Inward) Inland
LCs.
8 Miscellanous Charges (only for Trade/WBG customers)
(a) Duplicate Advice Upto Rs. 250/- Per Advice

TREASURY & FOREX

INVESTOR PORTFOLIO SECURITIES (IPS)
Following Bank charges will apply
a (i). Transaction Charges: Upto Rs. 200/- Per transaction 304040003
(ii). Holding Charges: 304040003
Upto PKR 1 Million:
Greater than PKR 1 Million: Nill
b. Security Movement Charges Upto Rs. 600/- Per quarter 304040003
(to another bank): Upto Rs. 500/- Per transaction

July - December 2023

 DOMESTIC BANKING
D ADVANCES
1 Annual Renewal Fee/New facility
initiation Fee for Credit Limits 3030101430
(Running/Cash Finance)
a) Renewed/fresh approval (for WBG Customers) Upto 1.20% of the finance amount. Deviation approval
of waiver or less recovery to rest with Group Head-WBG
b) Processing Fee for one off requests Upto 1.20% of the finance amount. Deviation approval 3030101440
(inclusive of ear-marking Facility) of waiver or less recovery to rest with Group Head-WBG

c) Pledge Monitoring Fee Upto 1% of the finance amount. Deviation approval of 3030102510
waiver or less recovery is to rest with Group Head-WBG
2 Restructuring / Rescheduling Fee Upto 1% of the amount being restructured/ 3060601130
rescheduled (Only for WBG Customers)
3 Annual Fee (Trade & Guarantees)
a) Import & Guarantees
A) WBG Customers
i) Renewal/grant of fresh of following limits: Upto 0.05% per type of facility requested by customer
(to be charged at the time of renewal/disbursement)
LC LIMITS 3030401360
DD AA LIMITS 3030401370
TR LIMITS 3030401380
FIM LIMITS 3030401390
FCIF LIMITS 3030401410
BG LIMIT
3030401600
ii) Interim Enhancements.One-off of Upto 0.10% per type of facility requested by customer
following limits: (to be charged at the time of renewal/disbursement)
3030401420
LC LIMITS 3030401430
DD AA LIMITS 3030401440
TR LIMITS 3030401450
FIM LIMITS 3030401470
FCIF LIMITS 3030401610
BG LIMIT
B) RBG Customers
For Renewal / Fresh Approval, Interim
Enhancement
On off Requests (inclusive of
ear-marking Facility),
Restructuring / Rescheduling Fee
Cumulative limits upto: (for both fund
and non fund based facilities) Upto Rs. 1M Rs. 5,000/- or 0.05% whichever is higher
Rs.1M & Above Rs. 10,000/- or 0.05% whichever is higher 3030101430

C) Facility Initiation Charges - PMKJYES Upto Rs. 100/- per disbursed case
b) Export
I) Renewal off / Grant of fresh Upto 0.05% per type of facility requested by customer 3030401400
FCEF/FCBD/FAFB/FBP/FAPC/IBP
ii) Interim Enhancements/One-Off of Upto 0.10% per type of facility requested by customer 3030401460
FCEF/FCBD/FAFB/FBP/FAPC/lBP (to be charged at time of approval)
Following charges will be recovered in addition At actual, in addition:
to Mark-up/Return on investment: a) Project examination fee upto @ 0.25% (Flat) after 3060601030
Miscellaneous (i.e. charges for documentation, acceptance of sanction by the company but be fore
evaluation of security and maintenance thereof etc). disbursement of the total amount of sanction
(Funded and Non Funded Both).
b) Legal documentation fee upto @ 0.20% (Flat) after
acceptance of sanction by the Company but before
disbursement of the total amount of sanction
(Funded and Non Funded Both).
c) Project monitoring fee upto @ 0.25% p.a. Payable
quarterly on outstanding amount (Funded and
Non Funded Both).
d) Commitment fee upto @ 1.00% p.a. Payable
quarterly on the undisbursed amount of sanction
(Funded only).

July - December 2023

 DOMESTIC BANKING
e) Front End/Arrangement Fee up to @ 1.00% (Flat)
wherever applicable as per Bank's discretion.
All charges at item 4 (a) to (e) above are applicable to
Term loan/Project Finance.
4 Agriculture Credit
Agriculture proposal processing fee on booking of
new customers/fresh facility/renewal or enhancing
the limit:
Upto Rs. 1 Million Rs. 500/-
Above Rs. 1 Million to Rs. 5 Million Rs. 2,000/-
Above Rs. 5 Million Rs. 3,000/-
Note:
The bank reserves the right to determine the applicability, as per arrangements with customers with the
approval from Respective Head RBG & Head Retail Assets & Trade

5 Miscellaneous charges for issuance of NOC: On case to case basis as per agreement with the party 3060601030
For issuance of NOC/Processing of requests for
signing of joint pari passu/ Inter Creditor
Agreement (ICA) /similar agreements at the request
of customers/clients for creating charge over assets
Minimum Charges Up to Rs.10,000/-

6 For Finances against pledge/hypothecation,

various charges to be levied as follows:
(a) Godown Rent At actual. 3060102010
(OWNED)
3060102020
3060102020
(ACQUIRED)
(ACQUIRED)
(b) Godown staff salaries: At actual. 3060601030
Salaries of Godown keepers/Chowkidars.
(c) Mucaddam Charges and storage or At actual. 3060601030
Stock Inspection.
(d) Godown Inspection Charges:
(i) Within Municipal limits or within a radius Shall be credited to Bank's Income Account
of 10 Kilometers from the branch. 3060601030
Upto Rs.1 Million Upto Rs.400/-
Above Rs.1 Million to 5 Million Upto Rs.700/•
Above Rs.5 Million to 10 Million Upto Rs.1,500/-
Above Rs.10 Million Upto Rs.2,500/-
Plus actual conveyance charges. Maximum one visit
per month.
(ii) Outside the above limits. T.A. & D.A. as per rules. Applicable to Staff only 3060601030
in addition to charges at 'd(i)’ above.
(iii) Seasonal lending (Cotton, Rice etc.)
Upto Rs.5 Million Upto Rs.300/- 3060601030
Above Rs.5 Million Upto Rs.500/-
Plus T.A. & D.A. as per rules applicable to staff only
(e) Delivery charges:
If a godown keeper is not posted, conveyance At actual. 3060601030
charges will be recovered.

(f) Other incidental expenses: At actual. 3060601030

Insurance premium, legal charges etc.

(g) Directors search/Charge search/Local At actual, 3060601030

credit report/Independent stocks verification/
Independent credit report/ Assets valuation.

(h) Handling charges on marking of lien Upto Rs.500/- flat per customer. 3060601030
on Govt. Securities

(i) Marking of lien on securities issued by Upto Rs.500/- flat per customer. 3060601030
MCB for other banks

7 Handling Charges where Finance Against 3060401010

Upto 0.1%
Imported Merchandise (FIM) Foreign Currency Import
Finance (FCIF) against LC open by other bank

Minimum Charges Upto Rs.5,000/-

July - December 2023

 DOMESTIC BANKING
Note:
While recovering the miscellaneous charges like godown rent, godown staff salary, inspection charges etc.
the amount recovered from the borrowers shall not exceed the total rent of the godown, salary of the godown
staff etc. In other words, miscellaneous charges will be levied at actual and not become a source of profit to
the bank. Bank reserve the right to determine the applicability as per arrangement with the customer with
approval from Group Head of godown inspection charges. However, reimbursement of actual conveyance
charges to be made to concerned staff to the debit of Expenses Account after proper Approval of Respective
Head RBG & Head Retail Assets 8 Trade

E GUARANTEES
1 Shipping Guarantees favoring shipping Upto Rs, 2 000 per month till return of original 3030401030
companies conter signed by the bank with guarantee subsequent to receipt and release of
Importer on account of missing original shipping documents.
Transport Documents/BL

2 Guarantees issued in favor of Collector Upto 0.65% per quarter 3030401030

of Customs in lieu of payment of Import/ Export
Duty which are valid upto 6 months.
Minimum Charges Upto Rs.2,000/-

3 Guarantees issued in favor of Financial Upto 0.45% per quarter 3030401030

Institutions/DFIs for financial accommodation
to customers.
Minimum Charges Upto Rs.2,000/- 3030401030

Upto Rs.1,000/-
4 Bank Guarantee assignment
(having assignment clause) noting
charges/confirming genuineness of
noting/assignment in favor of other banks

5 Guarantees other than above specified 3030401030

Where total volume of guarantees being
issued on behalf of a customer during a
calendar year is :

Upto Rs.15 Million Upto 0.50% per quarter Quarter will start
Upto Rs.30 Million Upto 0.38% per quarter} from the date of
Upto Rs.50 Million Upto 0.32% per quarter} issuance of Guarantee
Upto Rs.150 Million Upto 0.26% per quarter}
Above Rs.150 Million Negotiable

Minimum Charges Upto Rs.1,800/- per annum per guarantee OR 3030401030

Upto Rs.500/- per quarter wherever guarantee
validity is less than one year.
6 Amendment in Guarantees
(a) Amendment without increase in amount or
extension in expiry date when charges are on
account of Principal/Applicant or the Beneficiary
i) Located in Pakistan i) Upto Rs.1450/- per transaction
ii) Located outside Pakistan ii) Upto US$ 60/- or equivalent in other currency
per transaction
(b) Amendment involving change in amount or b) Charges as per item "a" above plus
extension in expiry date applicable commission as per item # 1 to 5 above

7 Cancellation of Guarantee 3030401790

before expiry date when charges are on
account of Principal/Applicant or Beneficiary
i) Located in Pakistan Upto Rs.1200/- per transaction
ii) Located outside Pakistan Upto US$50/- or equivalent in other currency per
transaction

July - December 2023

 DOMESTIC BANKING
8 Back to Back Guarantees 3030401030
Including Performance Bonds, Bid Bonds, Advance
Payment guarantees or similar
a) Issuance against counter guarantees of To be negotiated by FID on case to case basis plus actual
Financial Institution. cost of Stamp Paper, Courier Swift Charges etc.
Minimum Charges PKR: 5,000/- FCY: Equivalent USD 500/- or FID's
negotiated pricing on case to case basis
b) Counter Guarantees issuance favoring MCB charges to be negotiated by FID including
correspondent for the issuance of Correspondent Bank Charges
Guarantees abroad.

9 Amendment in Back to Back Guarantees

(a) Amendment without increase in amount or Upto PKR: 1,450/. FCY: Equivalent USD 60/-
extension in expiry date or FID negotiated pricing
(b) Amendment involving change in amount or
extension in expiry date
i) Local For BBL: Upto PKR: 5,000/. Plus FED / ST, stamp paper,
courier swift charges etc. FID's negotiated pricing
ii) Foreign For BBF: Upto USD: 500/- Plus FED / ST, stamp paper,
courier / swift charges etc. or FID's negotiated pricing
10 Service Charges for handling claims lodged
against bank Guarantee
a) Against Guarantees issued on the request of Upto Rs. 5,000/-
3030401030
the Applicant Customer within Pakistan
(Non-Back to Back Guarantees)
b) Against Guarantees issued on the request of
the banks on "Back to Back" basis within
Pakistan
i) Local Upto PKR 5,000
ii) Foreign Upto US$. 150/- or Equivalent in the relevant currency.
c) Against Counters Guarantees issued favoring Upto US$. 150/- or Equivalent in the relevant currency.
banks abroad.
Note:
a) Respective Group Head / Head RBG & Head Retail Assets & Trade are authorized to refund Guarantee
(non- Back to Back basis Guarantees only) Commission on prorata basis upon cancellation of Guarantee
before its expiry. However while refunding prorata commission for unexpired period, care should be taken
that the commission for partial usage should be charged subject to minimum upto Rs. 2,000/-
b) Guarantee confirmation charges, where applicable, will be recovered on case to case basis.
c) In case any forced loan/liability is created against any bank guarantee due to non-payment by the Guarantee
Applicant/Principal (except where Guarantee/ Standby Letter of Credit had been issued against Counter
Guarantee or Standby Letter of Credit of a correspondent Foreign Bank) markup as per bank's policy will be
recovered for the delayed period from the date of invocation of the Guarantee/SBLC until complete adjustment
of the Forced Liability/ Loan in bank’s books along with recovering any other applicable charges.
d) Commission on Guarantees is to be charged from the date of issuance till expiry of the Guarantee including
any "claim lodgment period" or till such time the bank is exposed to honor any claim and released from its
liability under the Guarantee, whichever is later.

F REMITTANCES
Bank Instrument (s)
1 (a) Issuance of Banker's Cheque for 3030401810

Account Holder
Upto Rs. 100,000 Upto Rs.350
From Rs. 100,001 to 500,000 Upto Rs.400
From Rs. 500,001 to 1,000,000 Upto Rs.500
Exceeding Rs. 1,000,000 Upto Rs.750
for Non Account Holder
Upto Rs. 200,000 Upto Rs. 850
Exceeding Rs. 200,000 Upto Rs. 0.20% (Min Charges 850/- Max Charges 10,000/-)
(b) Issuance of Duplicate Banker's Cheque Upto Rs.500/- for Account Holders 3030401810
Upto Rs.1000/- for Non Account Holders
(c) Cancellation of Banker's Cheque Upto Rs. 500/- for Account Holders 3060601210
Upto Rs 650/• for Non Account Holders in cash
Applicable to previously issued instruments as well.

July - December 2023

 DOMESTIC BANKING
(d) Issuance of Rupee Travellers Cheque Free
(e) Lost RTC Refund/Deletion Upto Rs.500/- per application 3030501020

(f) Issuance of SBP/NBP cheque on client's A/c 3060601030

Upto Rs.500/- each.
(g)Duplicate advice requested by the customer Upto Rs.250/- per advice
(if more than 6 months old)

(h) CDR Cancellation charges Free

Note:
a) Recovery of Remittance charges from Banks, DFIs & utility companies subject to arrangements.
b) The Charges from student / any other person on behalf of the Student for making Banker's Cheque or any
other related instrument for payment of fee / dues in favor of education institution, HEC / Board etc may not
exceed 0.50% of feel dues or Rs. 25 per instrument which ever is less.

2 Cross Branch Transactions:

Within City: Deposits/ Withdrawals/ Fund Transfer
FREE
Inter City: For All Accounts

Cash Deposits At 0.1% (Minimum Rs.400/. , Maximum Rs.2,500/-) 3060601250

(to be recovered from Remitter/Depositor)

Withdrawals At 0.1% (Minimum Rs.400/. , Maximum Rs.3,000/-) 3060601270

(to be recovered from Account Holder)

Funds Transfer/Cheques Upto Rs.400/-for online intercity fund transfer through 3060601280
cheque irrespective of the amount
(to be recovered from Remitter -Person whose
account is being debited)

Inter City Clearing Upto Rs.400/- per cheques for Inter City Clearing 3060601260
(to be recovered from Beneficiary account)

Note:
a) Withholding tax to be deducted wherever applicable.
b) Charges for accounts having special arrangement for online electronic salary/other transfers through
Transaction Banking Division the minimum balance requirement of Rs.0.100M" may be waived after
obtaining approval from Head of T B D.
c) For Retail branches approval of reduction/waiver to be obtained from Respective Head on case to
case basis.
d) Student should be allowed free of cost online deposit in collection of educational institution for
payment of fee and no service fee on depositing fee directly in fee collection account of educational
institute.
e) The above charges shall not be applicable to all customers, for transactions between pooling and
lending branches, whose loan has been transferred/parked in lending branch. Any transaction by the
customer other than between pooling and lending branch shall be subject to charges.
f) Remittance charges will be recovered at the above rates, even where collections made by branches
are remitted to other locations, notwithstanding the purpose, whether for centralization or otherwise.
In case of cash deposit charges to be decided on case to case basis as per arrangement under
approval of Respective Head Retail Banking

G TRANSACTION BANKING
1 a) Collection/ Disbursement! Remittances All charges for Transaction Banking products 3030401130
(collection, disbursements & remittances) will be
decided on a case to case basis through agreement
between the customer and the bank

b) Issuance of Proceed Realization Certificate

(PRC & e-PRC) Applicable after lapse of 1 year Issuance = Rs. 500/-
Duplicate Certificate (PRC & e-PRC) of all Issuance = Rs. 1,000/-
tenure

c) Home Remittances No Charges recovered on Home Remittances routed 3030101450

under SBP Home Remittance Rebate Scheme.

d) Online Tax Collection (OTC) Nill 3030401130

Charges for Govt. Duties & Taxes

July - December 2023

 DOMESTIC BANKING
H NON-DOCUMENTARY BILLS
1 Collections
I) Clean (including cheques/dividend warrants Upto 0.25%. Maximum Rs. 10,000/- 303040102
bank drafts etc.)
Minimum Charges Upto Rs.150/- plus postage / courier charges.
(At Actual)
ii) Charges of MCB Cheques 0.15%
Minimum Charges Rs. 100/-

Note:
a) No charges if collected through local clearing
b) If total annual volume exceed Rs.50 M following slab shall be applicable:

Above Rs.50 Million upto 500 Million 0.15%

Above Rs.500 Million upto 1000 Million 0.10%
Above Rs.1000 Million 0.05%

c) In case of urgent collection of local cheque of Rs.0.500 million and above; Rs.500/- per collection.
Returning charges of such collection Rs.200/- per collection.
d) Postage/Courier charges are to be recovered on collection/realization of each instrument (whether
clean or documentary) on actual basis. However, in case where party has deposited more than one
cheque instrument on particular date to be collected/drawn on the same branch of the bank,
postage/courier charges are to be recovered once only.
e) Collection of cheque of small amount may be effected through postal service (other than Courier)
if specifically requested by the party in writing for which he will be responsible for delay.
f) Collecting agent's charges, if the collecting bank is other than the bank, will be extra.

2 Purchase of Clean bills (cheque, bank draft etc.) Upto 0.40% (Commission) plus mark-up from the date of 3030401020
purchase to the date of payment plus courier charges.
(At Actual)
Minimum Charges Rs.25/-

3 Returning charges for clean collections. Upto Rs.500/- plus courier charges (At Actual) 3060601190

I STANDING INSTRUCTIONS FEE

1 Standing instructions fee will be recovered Upto Rs.240/- per transaction. 3060601360
in addition to the usual charges on remittances,
if any.

J SALE & PURCHASE OF SECURITIES

SAFE CUSTODY ARTICLES IN SAFE DEPOSIT AND
SAFE DEPOSIT LOCKERS
1 Sale and purchase of shares and securities a) 0.15% on the first Rs.10,000/- of purchase price or cost 3030101300
thereof
b) 0.10% on amount exceeding Rs. 10,000/-
Minimum Charges Upto Rs.50/-

Note:
(a) The above charges are in addition to brokerage.
(b) Commission is not to be recovered on purchase of newly floated Securities, where it is payable by
the Government / Government Agencies and from the subscribers to new share floatation.
(c) When orders for purchase or sale of shares / securities are executed through the bank's other offices,
all incidental expenses such as postage, insurance charges etc. incurred will be recovered in addition
to the commission / brokerage charges.

July - December 2023

 DOMESTIC BANKING
2 Withdrawal Fee on shares and securities a) 0.25% on the first Rs.10,000/- of the paid-up or face 3030101300
held in safe custody (to be recovered at value
the time of withdrawal). b) 0.125% on amount exceeding Rs. 10,000/-,

Minimum Charges Upto Rs.50/-

3 Withdrawal Fee on Government Securities Upto Rs.10/- per scrip

3030101300
(Where shares and/or securities sold are from those
held in safe custody, either commission on sale of
shares and securities as shown against item 1 or
withdrawal fees as shown against item 2 and 3
whichever is higher, will be charged, but not both).

Minimum Charges Upto Rs.50/-

4 Charges for collection of interest/return/ 0.30% on the amount of interest / return / dividend
3030101300
dividend. collected / paid

Minimum Charges Upto Rs.20/-

5 Handling charges for conversion, Upto Rs.20/- per scrip. 3030101300

renewal, consolidation or sub-division
of Government securities.

6 Public Floatation of Shares/Modaraba Commission @ 0.50% plus Out of Pocket Expenses.

Certificates/Offer for Sale of Shares/ (Subject to Negotiation of Rate based on volume of 3030101300
Dis-investment/Term Fin. Certificates. business)
Minimum Charges Upto Rs.20,000/-

7 Issue of Right Shares Commission @ 0.50% plus Out of Pocket Expenses.

3030101300
(Subject to Negotiation of Rate based on volume of
business)

Minimum Charges Upto Rs.15,000/- 3030101300

8 Payment of Dividend Warrants through Commission @ 0.30% plus actual amount of

designated branches Postage/Courier charges, subject to negotiation of rate
based on volume of business
Note:
Collection & Postage charges should be condoned for MCB dividend warrants valuing upto Rs.500/- only

9 Articles in Safe Deposit:

(Fee for Articles in Safe Deposit to be recovered in

advance at the time of deposit or at the
commencement of each quarter).

(a) Boxes and packages Upto Rs.5/- per 100 cubic inches or part there of 3060103010
Minimum Charges Upto Rs.400/- per quarter.
(b) Envelopes Upto Rs.5/- per 25 square inches 3060103010
Minimum Charges Upto Rs.350/- per quarter.

(To be insured on customers account.)

10 Safe Deposit Lockers Fee

(To be recovered Annually, in advance)
(a) Lockers Size 3060103010
(i) Upto 0.40 eft, Small Upto Rs. 5,000/- per annum
(ii) From 0.41 to 1.35 eft. Medium Upto Rs. 6,500/- per annum
(iii) From 1.36 to 2.00 cft. Large. Upto Rs.10,000/- per annum
(iv) From 2.01 to 3.00 cft. - Extra Large Upto Rs.12,000/- per annum

(b) Key Deposit Small, Medium, Large, Extra Large Upto Rs.5,000/- Flat for new lockers issued on or after 1030101050
1 July 2014
(c) Breaking Charges At Actual 3060103030

(d) Late Payment Fee Upto Rs.250/- for Small - Rs.400/- for Medium - Rs.600/- 3060601030
for Large 1 Extra Large, Per month with grace period of
one month

July - December 2023

 DOMESTIC BANKING
K MISCELLANEOUS
1 Charges for issuance of Duplicate / Photostat Upto Rs. 35/- (Inclusive of FED / ST) 3060601300
copy or fresh statement of account ( LCY / FCY
other than the half yearly statements.

2 Issuance of Cheque Book (LCY / FCY)

Current Account Upto Rs. 12/- per leaf for Current Accounts or
equivalent for FCY
Saving Account Upto Rs. 19/- per leaf for Saving Accounts or 3060601120
equivalent for FCY

3 Issuance of new cheque book (LYC/ FCY) Upto Rs. 250/- per request plus Cheque Book Charges 3060601120
in lieu of lost cheque book.
(These charges are in addition to stop payment
charges prescribed below).
4 Balance Confirmation Certificates - Vostro Account
a) For LCY a/c Rs. 1,000/- per certificate
b) For FCY a/c US$ 50/- GBP £ 40/-, Euro € 45/- per certificate
5 Swift Relay Messages - Vostro Account
Outward: if sent on behalf of foreign bank to US$ 10/- or equivalent
local bank
6 Stop payment charges (Charges per instruction)
a) For LCY a/c Upto Rs. 450/- 3060601220
b) For FCY a/c and foreign US$ 7/-, GBP £ 6/-, Euro € 6/-
currency cheques/drafts.

7 Account Maintenance/Service charges. Upto Rs.50/- or equivalent (inclusive of FED / ST)

Average Monthly Balance to be maintained: p.m.will be recovered
i) All Accounts (LCY) other than Saving ,Privilege 3060701050
& CCA A/c's
a) Business Account Rs. 50,000
b) Current Life Account Rs. 25,000
c) Current Account Rs. 10,000
d) MCB One Current Account Rs. 10,000

ii) All Accounts (FCY) other then privilege

US$ 500/., GBP £ 500/-, Euro € 500/-

8 SMS / E-MAIL Alert

-All Digital Transactions
(including all transactions related to digital / Free of cost
branchless / self service chanel / mobile/
internet / MCB lite, etc.)
Branch banking over the counter transactions Rs. 140/- per month 3060601380

Note:
(a) In case the balance in a accounts below Rs. 50 available amount will be recovered as incidental charges.
The recovery on actual basis should be made inclusive of FED / ST.
(b) No Service Charges for A/c maintenance will be recovered from dormant A/Cs till the period of dormancy.
(c) BB accounts are also exempted from the recovery of these account maintenance charges.
(d) Following accounts are exempt from levy of Rs.50/- (or equivalent) p.m.
i) Accounts maintained by Employees of Govt/Semi-Govt. Institutions for Salary, Pension & Benevolent Fund
purpose including widows/ children of deceased employees eligible for family pension / benevolent fund grant
etc; in any manner whatsoever
ii) Mustahqeen Zakat iii) Zakat accounts maintained for collection & disbursement of Zakat Funds
iv) Students
v) MCB Employees, their spouse and MCB retired staff getting pension in their MCB account, their accounts
will remain as "Staff" and all Basic Banking Accounts.
(f) No charges on conversion of existing accounts to Basic Banking Accounts (BBA) as per SBP Instruction.

July - December 2023

 DOMESTIC BANKING
3060601190
9 Charges for cheques returned
a) For LCY a/c Upto Rs. 700/. (Inward)
b) For FCY a/c US$ 6/- ,GBP. £ 5/- ,Euro€ 5/-
These charges are recovered from the drawer(ourA/c
holder) who has issued cheque drawn on our bank
branch which is returned unpaid due to insufficient funds.
Where cheques returned on counter no charges will be
recovered
10 Same Day Clearing Charges 3060601200
a) For LCY a/c At Actual
b) For FCY a/c At Actual
11 Inter-City Clearing: 3060601310
a) Clearing charges At Actual
b) Cheque returning charges At Actual
12 Balance Confirmation Certificates 3060601320
(Required by customers other than auditors)
a) For LCY a/c Upto Rs. 170/- per certificate
b) For FCY a/c US$.3/-.GBP. £.2/- ,Euro€.2/- per certificate
13 Account Maintenance Certificate 3060601330
(For submission to Financial Institutions/Embassies/
Companies 8 Govt. Agencies at customers request
a) For LCY a/c Upto Rs. 170/- per certificate
b) For FCY a/c US$.3/- ,GBP. £.2/-,Euro€.2/- per certificate
14 Courier At Actual 3060602030

15 Account Closing Processing Charges

a) For LCY a/c Free
b) For FCY a/c Free

16 Charges on Collection of Utility Bills 3060701020

(Electricity, Gas, Telephone & Water charges) Upto Rs.8/- per bill flat (Electricity)
3060701030
Either paid by Cash or by Cheque These charges are to be recovered from utility
(Gas)
companies and not from customers 3060701090
(Water)
3060701040
17 Salary processing charges (Telephone)
- Bulk Salary (75 employees & above) TBD cases Upto Rs.100/- per transaction 3030401130

18 Real Time Gross Settlement Charges (RTGS) Days Transaction Time - SBP SBP Charges Bank Charges Total Charges
3030401750
(Time schedule is according to (RTGS) system MT 202
transaction)
Monday to Friday 9:00 am to 4:30 pm 200 20 220
FED / ST is applicable on Bank's Income as
per rule
19 Collection Management System All charges for Collection Management will be decided 3030401130
for Credit Limits ( Running/Cash Finance) on case to case basis at the time of agreement with
customer and the bank
20 Prize Money Charges At Actual

MCB DEPOSIT PRODUCTS

Banking Services offered against all other MCB Deposit Products
(not mentioned below) will be charged as per SOBC

L **MCB Salary Club Accounts

MCB Salary Club Current A/c MCB Salary Club Saving A/c 3060601390
Minimum Balance Requirement Nill
Profit pay out NA Quarterly
Intra city (deposit withdrawals and fund transfers) Free Unlimited
Inter city deposits Free (5/month) Free (2/month)
Inter city withdrawals Free (5/month) Free (2/month)
Inter city fund transfers Free (5/month) Free (2/month)
Cheque book Free (1/month) Free (1/month)
Bankers cheque Free (3/month) Free (1/month)
Bank certificate Free
Locker Facility (subject to availability) As per SOBC 3060103010
Internet banking registration Free
Mobile banking registration Free
Debit Card Paypak Classic Free Issuance / Annual / Renewal Free Issuance only
Debit Card Paypak Gold Free Issuance / Annual / Renewal Free Issuance only
All other Debit Card As per SOBC

July - December 2023

 DOMESTIC BANKING
**MCB Works
Features & Services MCB Works MCB Works MCB Works MCB Works
Account Nature Basic Current Classic Current Classic Plus Current Premium Current
Minimum Balance
Requirement NIL NIL NIL NIL

Employees of companies which enter into payroll

Eligibility
management agreement with MCB Bank

Permissible Currency Pak Rupee

Salary Ranges (PKR) up to 50,000 50,001 to 150,000 150,001 to 300,000 300,001 & Above
Online Charges Intra City
(Deposit, Withdrawal, Free Unlimited
Transfer)
Intercity Deposits Free
Intercity Fund Transfers Free
2 Free
Intercity Withdrawals Transactions / Free Unlimited
Month
2 Free
Intercity Clearings Transactions /
Month
ATM Cash Withdrawal
switch charges (off Net) At actual Free

Cheque book Free (1/Month)

Banker’s Cheque As per SOBC Free unlimited

As per SOBC 10% discount on 25% discount on

Locker’s Rent
issuance / annual fee issuance / annual fee

Free PayPak
Classic / Free Visa Gold Debit
Free Visa Silver Debit Card
Debit Card PayPak Gold Card (Issuance annual
(Issuance, annual & renewal)
(Issuance, annual & renewal)
& renewal)
ADC / Digital SMS Alerts Free Free
Charged as per
OTC SMS Alerts Free
SOBC

MCB Fun Club

PKR. 725/- 3030102350

3030101600
PKR. 725/-
3060601030
Note:
Fun Club Exclusive Debit Card issuance & annual fee will not be charged from MCB fun current account customers
upon maintenance of monthly average balance of PKR 50,000 in respective previous month. Terms & conditions apply.

MCB Asaan Account

(a) SMS Alert Charges Rs. 70/- Per Month 3030101710
(Branch Banking over the counter transactions)

**MCB Smart Business Account

Free cheque book issuance, 1 per month

July - December 2023 16

-Sales Tax / FED on all exciseable services, where ever applicable, will be recovered in addition to the charges, unless specified otherwise.
 DOMESTIC BANKING
**MCB Ladies
Services MCB Ladies Account (Product Attributes)

Product Name MCB Ladies Current Account MCB Ladies Savings Account
Permissible Currency Pak Rupees
Profit Frequency N/A Quarterly
Minimum Balance Requirement NIL
Account Maintenance Charges NIL
Online Charges Intra City Free
Online Charges Inter City
Free (5/month) Free (3/month)
(Deposit/ Withdrawal/ Transfer)
Cheque book (Exclusive Design) Free (1/ month) Free (1/ month)

Banker’s Cheque Free (2/month) Free (1/month)

Bank Certificate Free (Account Maintenance & Balance Confirmation Certificate)

MCB Live (Registration) Free

SMS OTC Free As per SOBC

Exclusive Debit Card 1- Free Issuance, annual & renewal 1- Free Issuance only on PayPak
on PayPak Classic & Pay Pak Gold Classic & Pay Pak Gold
2- 50% discount (issuance only) on 2- 50% discount (issuance only) on
Ladies Card available in 5 color Ladies Card available in 5 color
variants (VISA Gold Plus) variants (VISA Gold Plus)

All Other Debit Cards As per SOBC

Free issuance on small locker fee

for first year only. Annual locker
Lockers rent shall be charged as per SOBC. As per SOBC
Locker Key deposit shall be charged
as per SOBC

R **MCB One Current Account

Monthly Monthly Monthly Monthly Monthly
Average Average Average Average Average
Balance Balance Balance Balance Balance
Transaction Descriptions
PKR 10K to PKR 50K to PKR 500K to
PKR 0 to <10K PKR 2M+
<50K <500K <2M
Core Tier Bronze Tier Silver Tier Gold Tier Platinum Tier

Intercity Funds Transfer Unlimited Unlimited Unlimited Unlimited

Intercity Cash Withdrawals 50 per month 300 per Month 999 per Month Unlimited

Intercity Cash Deposits 50 per month 300 per Month 999 per Month Unlimited

Cheque Book 1 per month 1 per month Unlimited Unlimited

Banker’s Cheque As Per SoBC 50 per month 300 per Month 999 per Month Unlimited

Outward Clearing (Inter City) 50 per month 300 per Month 999 per Month Unlimited

SMS Alerts (OTC) Free Free Free Free

Standing Instructions Free Free Free Free

Same Day Clearing As Per SoBC As Per SoBC As Per SoBC Unlimited

Inward Clearing (Inter City) Free Free Free Free Free

Mobile/ Internet Banking Free Free Free Free Free

Account Maintenance PKR. 50/ month (inclusive of taxes) on non maintenance of monthly average
Charges balance of PKR 10,000 (previously was PKR 50,000).
Free Issuance of MCB Gold Plus, MCB Paypak Classic & MCB Paypak Gold.
Debit Cards All other debit card variants are charged as per SoBC.

July - December 2023 17

-Sales Tax / FED on all exciseable services, where ever applicable, will be recovered in addition to the charges, unless specified otherwise.
 DOMESTIC BANKING
GNIKNAB CITSEMOD
S MCB Pensioners Account (Current and Saving)
50% waiver from actual charges will be applied on the following services;
Cross branch transactions (Intercity I Online Banking)
Bankers Cheque (PO & DD)
Issuance of cheque book (new or in lieu of lost)
Small size locker (One per customer max, subject to availability).
Mobile banking annual fee
Visa PSC Silver & PSC Gold Card.

Note:
a) Rest of the charges will be applied as per SOBC.
b) All taxes (WHT
(WHT/FED)
/ FED will
/ ST)bewill
applicable
be applicable

T MCB Senior Citizens Account (Current and Saving)

50% waiver from actual charges will be applied on the following services;
Cross branch transactions (Intercity I Online Banking)
Bankers Cheque (PO & DD)
Issuance of cheque book (new or in lieu of lost)
Small size locker (One per customer max, subject to availability).
Mobile banking annual fee
Visa PSC Silver & PSC Gold Card.
Note:
a) Rest of the charges will be applied as per SOBC.
b) All taxes (WHT
(WHT/FED)
/ FED will
/ ST)bewill
applicable
be applicable

U Basic Banking Account

1 Transaction Fee on Basic Banking

Account (BBA)
a) i) Each month the account holder will be
allowed
2 deposit transactions(either cash or through Free
clearing) & 2 withdrawals (cash or clearing)
ii) Transaction over & above the limit will be Upto Rs. 35/- per transaction plus FED / ST
charged
b) Duplicate statement of account other than Upto Rs. 35/- (Inclusive of FED
FED)/ ST) 3030101290
once in a year)
V MCB PLS Savings Xtra Account

1 PSL Saving Xtra a) Customer will have upto 3 Free over the counter 3030301090
cash withdrawal transactions per month

b) From 4th transaction onward Rs 25 will be charged

for each cash withdrawal made through cheque.

c) There will not be any restriction on Cash

withdrawals through e-Channels.

W **MCB Business Account

PREVIOUS MONTH AVERAGE BALANCE IN MCB
BUSINESS ACCOUNT
100K and above
Intercity deposits (per month), Intercity
withdrawals (per month),Intercity Transfer Minimum charges as 3060701110
(Account to Account),15 Banker's Cheque prescribed in SOBC
(per month) Cancellation of Banker's Cheque, for bundled services
One Cheque Book (50 leaves per month), Charge will apply
Duplicate Bank Statement (last 6 month),
e-Statement

July - December 2023

 DOMESTIC BANKING
X **MCB Roshan Digital Account
I) Debit Card Issuance Free
ii) Credit Card Issuance Free
iii) Cheque Book Issuance Charges Free
iv) International Courier Charges Free
(Cheque Book / Debit Card / Credit Card)
v) Inter Bank Funds Transfer Charges Free
vi) Intercity Clearing Charges Free
vii) Intercity Withdrawal Charges Free
viii) Intercity Funds Transfer / Cheque Charges Free
ix) Outward Foreign Remittance Charges Free
x) Mobile Banking Service Annual Charges Free
Note:
- Annual / Renewal Fee will be charge as per the related visa debit / credit card sections.
-Debit Card and Cheque Book request will be proceed after receiving 1st deposit / remittance in the account

Y **MCB Freelancers Account

Z Services **MCB Young Account

Product Name MCB Young Current Account MCB Young Savings Account

Permissible Currency Pak Rupees only

Transaction Limits Unlimited Deposits & Withdrawals

Minimum Balance
Requirement NIL

Profit Frequency N/A Quarterly

Online Charges Inter City

(Deposit/ Withdrawal/ Free (5/month) Free (3/month)
Transfer)

Cheque book Free (1/ month) As per SOBC

Banker’s Cheque Free (2/month) Free (1/month)

1-Free Issuance, Annual / Renewal of 1-Free Issuance only of PayPak

PayPak Classic & PayPak Gold Classic & PayPak Gold
Exclusive Debit Cards 2-50% discount on Gold Plus
2-50% discount on Gold Plus
(Issuance only) (Issuance only)

**Monthly Bundle Services Charges of PKR 1 + FED / ST shall be charged from all eligible accounts of the products.

July - December 2023

CONSUMER BANKING
 CONSUMER BANKING
Sales Tax / FED on all exciseable services, where ever applicable, will be recoverd
in addition to the charges, unless specified otherwise.

A MCB PAYPAK CLASSIC / PAYPAK GOLD DEBIT CARD

1 Issuance of MCB (Paypak Classic / Paypak
Gold Card) Including G2P (Government to Person)

CONSUMER BANKING
Segment

(a) New Card Rs. 1350/- Rs. 1700/- 3030101070

(b) Renewal I Annual Rs. 1350/- Rs. 1700/- 3030101080
(c) Replacement Rs. 1350/- Rs. 1700/- 3030101080

2 Dispute Handling Charges:

(i) Domestic Sales Transaction dispute Voucher Retrieval Fee Rs.370/- per document 3030101830
handling charges Paypak debit card.

3 ATM Receipt Print Charges for cash Rs. 3.13/- per transaction (Inclusive of Sales Tax) 3030102400
withdrawal and Balance Inquiry
(ON-US & OFF-US)

4 Balance inquiry:
- MCB Customer at 1 Link ATM Rs. 3.13/- per transaction 3030201120

5 Cash withdrawal made on 1 Link ATMs Rs. 23.44/- per transaction (flat)
Shall be charged to customer.

6 IBFT from MCB ATM - Monthly free limit of PKR 25000/- Per Account/Wallet
(No cap on IBFT number of transactions)
- Rs. 200 or 0.1% (whichever is lower) of the transaction
amount exceeding monthly free (cumulative) limit of
Rs. 25000/-
7 Utility Bill Payment Free
8 Mobile Top-up Free

B MCB VISA DEBIT CARD

1 Issuance of MCB (Visa Debit Card)
(a) New Card Rs. 1,600/- 2,400/- 2,400/- 2,400/- 7,000/- 3030201030
(b) Renewal I Annual Rs. 1,600/- 2,400/- 2,400/- 2,400/- 7,000/- 3030101550
(c) Supplementary Card Rs. 1,600/- 1,600/- – 1,600/- 2,900/- 3030201040
(d) Replacement Rs. 1,600/- 2,400/- 2,400/- 2,400/- 7,000/- 3030101600

2 Dispute Handling Charges

(i) Domestic Sales Transaction dispute Voucher Retrieval Fee= Rs.370/- per document 3030101660
handling charges for Visa Debit card.
(ii) International Sales Transaction dispute Voucher Retrieval Fee= Rs.1100/- per document
handling charges for Visa Debit cards.
(iii) Arbitration Charges US$ 600/- or equivalent Pak rupee

3 International Transaction
(i) Transaction made on ATMs (outside Pakistan) 4.5% or 500 per transaction (whichever is higher) 3030101610
(ii) Balance Enquiry on ATMs (outside Pakistan) Rs 200/- per transaction. 3030101640

4 ATM Receipt Print Charges for cash Rs. 3.13 per transaction (Inclusive of Sales Tax) 3030102400
withdrawal and Balance Inquiry
(ON-US & OFF-US)

5 Balance inquiry: Rs. 3.13/- per transaction 3030201120

- MCB Customer at 1 Link ATM
6 Cash withdrawal made on 1 Link ATMs Rs. 23.44/- per transaction (flat)
Shall be charged to customer.
7 IBFT from MCB ATM - Monthly free limit of PKR 25000/- Per Account/Wallet
(No cap on IBFT number of transactions)
- Rs. 200 or 0.1% (whichever is lower) of the transaction
amount exceeding monthly free (cumulative) limit of
Rs. 25000/-

July - December 2023 21

 8 Foreign Transactions 4.40% of transaction amount or Rs. 100 whichever is
higher on all foreign transactions.
9 Rejected E-Commerce Transaction PKR 85/- per transaction
10 Utility Bill Payment Free
11 Mobile Top-up Free
12 Cash withdrawal from MCB ATM using internationally 5% or Rs. 1000/- per Transaction whichever is higher
issued card
13 Balance Inquiry of an account held outside Pakistan Rs. 425/- per Transaction
14 Mini Statement (MCB account statement from MCB ATM) Rs. 5/- per Transaction

CONSUMER BANKING
15 Cardless biometric cash withdrawal Rs. 18/- per Transaction
(MCB Account holder at MCB ATM)

Note:
All MCB Debit/Credit card transactions conducted on international websites / merchants & ATMs are settled by purchasing dollar from
open market which may differ from the PKR rate/amount displayed at the time of transaction. The difference of open market rate will
be charged separately in your statement.

C MCB DEBIT MASTER CARD

Classic
1 Issuance of MCB (Debit Master Card)
(a) New Card Rs. 1,600/- 3030102220
(b) Renewal / Annual Rs. 1,600/- 3030102260
(c) Supplementary Card Rs. 1,600/- 3030101510
(d) Replacement Rs. 1,600/- 3030101600
2 Dispute Handling Charges
(i) Domestic Sales Transaction dispute Voucher Retrieval Fee = Rs. 370/- per document 3030101660
handling charges for Debit Master card.
(ii) International Sales Transaction dispute Voucher Retrieval Fee = Rs. 1,100/- per document
handling charges for Debit Master card.
(iii) Arbitration Charges US$ 600/- or equivalent Pak rupee
3 ATM Receipt Print Charges for cash Rs. 3.13 per transaction (Inclusive of Sales Tax) 3030102400
withdrawal and Balance Inquiry
(ON-US & OFF-US)
4 Balance inquiry: Rs. 3.13/- per transaction 3030201120
- MCB Customer at 1Link ATM
5 Cash withdrawal made on 1 Link ATMs Rs. 23.44/- per transaction (flat)
Shall be charged to customer.
6 IBFT from MCB ATM - Monthly free limit of PKR 25000/- Per Account/Wallet
(No cap on IBFT number of transactions)
- Rs. 200 or 0.1% (whichever is lower) of the
transaction amount exceeding monthly free
(cumulative) limit of Rs. 25000/-
7 International Transaction

(i) Transaction made on ATMs (outside Pakistan) 4.5% or 500 per transaction (whichever is higher) 3030101610

(ii) Balance Enquiry on ATMs (outside Pakistan) Rs 200/- per transaction. 3030101640

8 Foreign Transactions 4.40% of transaction amount or Rs. 100 whichever is

higher on all foreign transactions.
9 Rejected E-Commerce Transaction PKR 85/- per transaction
10 Utility Bill Payment Free
11 Mobile Top-up Free
12 Cash withdrawal from MCB ATM using 5% or Rs. 1000/- per Transaction whichever is higher
internationally issued card
13 Balance Inquiry of an account held outside Pakistan Rs. 425/- per Transaction
14 Mini Statement (MCB account statement from Rs. 5/- per Transaction
MCB ATM)
15 Cardless biometric cash withdrawal Rs. 18/- per Transaction
(MCB Account holder at MCB ATM)
Note:
All MCB Debit/Credit card transactions conducted on international websites / merchants & ATMs are settled by purchasing dollar from
open market which may differ from the PKR rate/amount displayed at the time of transaction. The difference of open market rate will
be charged separately in your statement.

July - December 2023 22

July - December 2023
Rs.1,600/- Rs.1,600/- Rs.2,400/- Rs.2,400/- Rs.2,400/- Rs.7,000/- Rs.1350/- Rs.1700/-
Rs.1,600/- Rs.1,600/- Rs.2,400/- Rs.2,400/- Rs.2,400/- Rs.7,000/- Rs.1350/- Rs.1700/-
Rs.1,600/- Rs.1,600/- Rs.1,600/- - Rs.1,600/- Rs.2,900/- - -
Rs.1,600/- Rs.1,600/- Rs.2,400/- Rs.2,400/- Rs.2,400/- Rs.7,000/- Rs.1350/- Rs.1700/-

Rs.23.44/- Flat
Rs.3.13/-Flat

23
IBFT Via ATM - Monthly free limit of PKR 25000/- Per Account/Wallet (No cap on IBFT number of transactions)
- Rs. 200 or 0.1% (whichever is lower) of the transaction amount exceeding monthly (cumulative) free limit of Rs. 25000/- inclusive of all applicable FED / Service Tax etc.
4.5% or Rs. 500/- per transaction whichever is higher
Rs. 200/- per transaction
4.40% of transaction amount or Rs. 100 whichever is higher on all foreign transactions.
Note: All MCB Debit/Credit card transactions conducted on international websites / merchants & ATMs are settled by purchasing dollar
from open market which may differ from the PKR rate/amount displayed at the time of transaction. The difference of open market rate
will be charged separately in your statement.

Voucher Retrieval Fee Domestic Rs. 370/- per document

Voucher Retrieval Fee International Rs. 1100/- per document
US$ 600/- or equivalent PKR

Rs. 18/- (Inclusive of FED / Sales Tax)

CONSUMER BANKING
D MCB VISA CREDIT CARD

1 Issuance / Annual Chip Maintenance Fee Rs. 6,000 p.a. Rs. 8,500 p.a. Rs. 16,000 p.a. 3050101140
2 Issuance / Annual Supplementary Chip Rs. 2,800 p.a. Rs. 4,200 p.a. Rs. 7,000 p.a.
Maintenance Fee
3 Priority Pass Issuance / Annual Fee Free

CONSUMER BANKING
4 Priority Pass Per Visit Fee US$ 35 or equivalent Pak Rupee

5 Priority Pass Replacement Fee Rs. 500/-

6 I-Cash on Call 3.67% for service fee/markup per month translated

into APR of 44%
Processing Fee Rs. 400 per request or 2.5% of amount requested
(which ever is higher)

7 Service Fee/Markup on Cash Transactions 3.67%for service fee/markup per month translated into
an APR of 44%on daily basis from the booking date
8 Service Fee/Markup Retail(Fixed APR) 3.67% per month translated into an APR of 44% 3010402920

9 Late Fee Rs.1,900/- 3050101210

10 Cash Advance Fee Rs.1100/- per transaction or 3% of the cash 3050101200

advance transaction amount (whichever is higher)
plus all charges passed on by the acquiring bank.
11 Voucher Retrieval Fee
For Local Rs. 300/- per document 3030101830
For Foreign Rs. 900/- per document

12 Credit Security 0.70% of total monthly outstanding balance 3050101160

13 i-Insure
i-Insure Package 1 Rs. 600/- per month
i-Insure Package 2 Rs. 300/- per month
i-Insure Package 3 Rs. 200/- per month
i-Insure Plus Package 4 Rs. 355/- per month
Wallet Protection Rs. 75/- per month
14 i-Plan / i-Plan Marketing 3.25%Service fee markup translated into an APR of 39%p.a 3050101340
Processing fee Rs. 850/- or 3% per transaction (whichever is higher)
Prepayment charges Rs.1,200 or 6% of outstanding instalment balance
(whichever is higher)

15 i-Dial 3.25%Service fee markup translated into an APR of 39%p.a 3050101350

Processing fee Rs. 850/- or 3% per transaction (whichever is higher)
Prepayment charges Rs.1,200 or 6% of outstanding instalment balance
(whichever is higher)
16 i-Switch 2.25% Service fee markup translated into an APR of
27% p.a
Processing fee Rs. 850/- or 3% per transaction (whichever is higher)
Prepayment charges Rs.1,200 or 6% of outstanding instalment balance
(whichever is higher)

17 Arbitration Charges for Disputed Transactions US$ 500 or equivalent Pak Rupee 3060601030

18 Card Replacement Fee Classic & Gold Rs. 950/.

Platinum Rs. 1800/- 3050101220

19 Cheque Return Charges Rs. 1200/- 3050101280

20 Auto Debit Insufficient Funds Charges Rs. 1400/- 3050101280

July - December 2023 24

21 Foreign Transactions 3.7% of transaction amount or Rs. 100 whichever is 3030101820
higher on all foreign transactions.
22 I- educate 1.833% Service fee markup translated into an APR of 22%p.a
Processing Fee Rs. 550/- per request or 3% of amount,
(whichever is higher)

Prepayment charges Rs.1,200 or 6% of outstanding instalment balance

(whichever is higher)

23 Online balance transfer facility Rs.370 or 3% of transaction amount whichever is higher

CONSUMER BANKING
(MCB to Other Bank Credit Card Payment via Credit Card)
24 Utility / Telco’s & other Bill Payment PKR 10 or 1.5% per transaction whichever is higher

Note:
All charges are exclusive of government taxes and are subject to change in rate which will be at the
discretion of the Bank and will be notified to the customer accordingly.
All MCB Debit/Credit card transactions conducted on international websites / merchants & ATMs are settled
by purchasing dollar from open market which may differ from the PKR rate/amount displayed at the time of
transaction. The difference of open market rate will be charged separately in your statement.

E MCB eGate (e-Commerce / Merchant Acquiring)

1 MERCHANT ACQUIRING (POS Services)

a) Merchant Discount Rate (MDR) Upto 2.50% of Transaction Value + Tax on Service 3030301010

2 E-COMMERCE (E-Gate Services) Charges

a) One Time Setup Fee (At the time of on Boarding) Upto Rs. 40,000/- per merchant ID
3030301010
b) Monthly Fee Upto Rs. 5,400/- per month per merchant ID
3030301850
c) Per Transaction Charges Upto Rs. 25/- per successful transaction
d) Per Transaction Charges for real time Upto Rs. 5/-for selected high risk merchants only 3030301860

transaction Monitoring (Applicable to E-Gate only) (Risk level to be determined by MCB Bank at the time 3030301860
on onboarding andlor at any time while merchant
relationship is active)
e) Merchant Discount Rate (MDR) Upto 4.35% of Transaction Value + Tax on Service
Charges
Note: 3030301010
*Merchant Discount Rate can be revised upwardes for merchants with special business
arrangements subjects to approval of Business and Group Head.

July - December 2023 25

F
MCB LITE
(Updated on Quarterly Basis)

3030102040
1 Lite Wallet Opening Fee
Lite Wallet Annual Fee
2 Wallet Debit Card
Visa Debit Card Issuance Fee Upto PKR 1,300/- Exclusive of FED / ST etc. 3030102100

Visa Debit Card Annual/Renewal Fee

CONSUMER BANKING
Upto PKR 1,300/- Exclusive of FED / ST etc. 3030102100
Paypak Debit Card Issuance Fee Upto PKR 900/- Exclusive of FED / ST etc. 3030102100
Paypak Debit Card Annual/Renewal Fee Upto PKR 900/- Exclusive of FED / ST etc. 3030102100

Visa Debit Card Replacement Fee Upto PKR 600/- Exclusive of FED / ST etc. 3030101770

Paypak Debit Card Replacement Fee Upto PKR 525/- Exclusive of FED / ST etc. 3030101770

(a) Platinum Customers Free

(b) WBG Customers (Case to Case Basis) Free
3 Cash in / Deposit Fee (At Branch) Free 3030102070
4 Cash out / Withdrawal Fee
Upto Rs. 25,000/- Free Free
Above Rs.25,000/- Free Free
5 Top up / Air Time Purchase Free

6 Funds Transfer Free Free

7 Bill Payment (Through Mobile) Nill
8 POS Transaction Free
9 IBFT Fee 3030401820
a) IBFT Fee (App / USSD) - Monthly free limit of PKR 25000/- Per Account/Wallet
(No cap on IBFT number of transactions)
- Rs. 200 or 0.1% (whichever is lower) of the transaction
amount exceeding monthly free (cumulative) limit of
Rs. 25000/-
b) IBFT Fee (ATM ) - Monthly free limit of PKR 25000/- Per Account/Wallet
(No cap on IBFT number of transactions)
- Rs. 200 or 0.1% (whichever is lower) of the transaction
amount exceeding monthly free (cumulative) limit of
Rs. 25000/-
10 Balance Inquiry
(a) Bill Inquiry via ATM (OFF-US-1 Link) Rs. 3.13 /- per Transaction 3030702150
(b) International Balance Inquiry Rs. 110/- per Transaction 3030201120

11 ATM Receipt Print Charges for cash Rs. 3.13 per transaction (Inclusive of Sales Tax)
withdrawal and Balance Inquiry
(ON-US & OFF-US)
12 ATM withdrawals OFF-US
(a) ATM withdrawals OFF-US (1-Link) Rs. 23.44/- per transaction (flat) Shall be charged to customer. 3030701150
(b) ATM withdrawals (International usage) 4.5% of amount or Rs.500/-(whichever is higher) 3030101810
13 Voucher Retrieval Fee Rs. 370/- (local) & Rs. 1,100/- (International) per document 3030101830

14 Arbitration Charges US$ 600/- or equivalent 3060601030

15 Statement Request (Hardcopy) Rs. 40/- (Inclusive of FED / ST) 3030101840

16 Foreign Transactions 4.40% of transaction amount or Rs. 100 whichever is

higher on all foreign transactions.
17 Rejected E-Commerce Transaction PKR 85/- per Transaction
*No charges will be applied for upgradation of MCB LITE.
Note:
All MCB Debit/Credit card transactions conducted on international websites / merchants & ATMs are settled by purchasing dollar from
open market which may differ from the PKR rate/amount displayed at the time of transaction. The difference of open market rate will
be charged separately in your statement.

July - December 2023 26

G CUSTODIAL SERVICES
1 For CDC eligible securities
i) Initial Deposit Fee (one time charge) Upto Rs.0.04 per share deposit fee to be charged 3060601140
monthly.

ii) Transaction/Settlement Fee Upto Rs.0.05 per share upto 70,000 shares thereafter 3060601140
Rs.3,500 per settlement CDC charges will be applicable. 3060601140
iii) Custody/Position Fee 0.30% p.a over month end market value of shares. 3060601140

CONSUMER BANKING
iv) Withdrawal Fee Upto Rs.0.40 per share/script to be charged at the time 3060601140
of withdrawal.

v) Participation Fees Upto Rs.3,000/- for individuals 3060601140

(one time charge) Upto Rs.5,000/- for institutions 3060601140
vi) Documentation Fee for sub account Upto Rs.1,000/- one time fixed 3060601140
vii) Monthly Fee for sub account Upto Rs.300/- for individuals 3060601140
viii) Requested statement Fee Upto Rs.35/- per statement 3060601140
ix) Communication/Mailing charges Actual plus 5% of Actual
x) Stamp Fee Actual 3060601140

2 For Physical Securities

i) Settlement charges per trade per security Rs.0.05 per share upto 70,000 shares, 3060601140
including all corporate actions and registration. thereafter Rs. 5,000/-per settlement
ii) Custody Charges 0.30% p.a. over month end market value of share. 3060601140
iii) Documentation, Communication/Mailing Actual 3060601140
and Stamp Fee
Note:
For individuals, there is a minimum monthly charge of Rs. 1,000/- if actual billed amount is less than
Rs, 1,000/-. In case actual is more than this figure, the higher amount will be billed.

H CONSUMER PRODUCTS
a) Personal Loans (PL)
i) Processing Fee 1.45% of the loan amount or Rs. 4,800/- whichever is 3530101340
higher (applicable upon utilization of loan)
ii) Full / Partial Prepayment Fee:
a) 1st Year* 10% of principal amount prepaid 3560702030
b) 2nd - 3rd year 6% of principal amount prepaid
c) 4th & subsequent years of financing 4.5% of principal amount prepaid

For the purpose of imposition of prepayment

fees, the 2nd/onward years fee will be applied
after completion of each calendar year from
the date of disbursement.
Note: Above charges do not apply to Free
PPC variant

iii) Late payment charges Rs. 1050/- per instance 3030101350

iv) Banker's Cheque Reissuance charges Rs.500/- 3030401010
if lost by customer
v) Balance confirmation certificates Rs.500/- 3560601030
vi) Duplicate half yearly statement Free
vii) Legal charges (Third party payment) At Actual 4040110050
viii) Issuance of duplicate NOC Rs. 1,000/- 3560601030

b) Secured Personal Loan

i) Processing Fee Upto Rs.3,500/- or 1% of loan amount whichever is 3530101340
higher

ii) Vehicle Appraisal charges for new applicant At Actual (The actual amount charged by the appraisal
(Third party payment) agency).

iii) Income estimation charges for self-employed At Actual

(Third party payment)

July - December 2023 27

 iv) Full/Partial Prepayment Fee: 3560702030
1st Year Upto 8% of principle amount prepaid
2nd Year Upto 5% of principle amount prepaid
3rd Year and all subsequent years of financing Upto 3% of principle amount prepaid
For the purpose of imposition of prepayment
fees, the 2nd / onward years fees will be applied
after completion of each calender year from the
date of disbursement.
v) Balance confirmation certificates (required by Upto Rs.500/- 3060601030
customer other than auditors)
vi) Duplicate half yearly statement Free

CONSUMER BANKING
vii) Late payment charges Per late installment Upto Rs. 600/- 3030101350
viii) Vehicle Repossession charges At Actual or PKR 75,000/- whichever is lower 4040124580
(Third party payment)
ix) Repossessed Vehicle appraisal charges per At Actual or Rs. 5,000/- whichever is lower 4040124580
instance if applicable(Third party payment)
x) Legal charges in case of repossession At Actual 4040110010
(Third party payment)
xi) Repossessed Vehicle Parking/warehouse Upto Rs. 5,000/- Per Instance 4040124580
charges
xii) NOC for lien removal after 1 month of case Free
settlement
xiii) NOC for issuance of Duplicate Registrations Rs. 1,000/- 3560601030
Book
xiv) Documentation retreival charges (beyond Rs. 2,000/- 3560601030
6 months post maturity
xv) Issuance of Duplicate of NOC Upto Rs.1,000/- 3560601030
c) Student Personal Loans
i) Processing Fee Rs. 5,000 Non-Refundable 3030102140
All other charges - Prepayment / late Payments / Banker's
Cheque reissuance charges/balance confirmation
certifications / duplicate half yearly statements
issuance charges are waived for student personal Loans.

d) MCB Home Loan

i) Documentation charges
a) Processing Fee Upto Rs 8,500/- Non Refundable (Rs.4,500/- in case of BTF) 3030101170
Low cost Housing Finance for special segment: Rs. 2,500/-
Non Resident Pakistanis: Rs. 10,000/-
b) Legal Stage 1 (Third party payment) At Actual
Legal Stage 2 (Third party payment) At Actual
c) Income Estimation (Third party payment) At Actual
d) Appraisal Fee (Third party payment) At Actual
e) Property Insurance (Third party payment) At Actual

ii) Full Prepayment Fee

1st year Upto 5% of remaining principal amount 3560702050
2nd year Upto 4% of remaining principal amount
3rd year and subsequent years of financing Upto 3% of remaining principal amount
For the purpose of imposition of prepayment fees,
the 2nd/onward years fee will be applied after
completion of each year from the date of first
disbursement.
Note: Above charges do not apply to Free PPC
variant
iii) Partial prepayment fee
1st year Upto 5% of partial paid amount 3560702050
2nd year Upto 4% of partial paid amount
*Applicable to the amount prepaid less than 5%
or greater than 20% of the outstanding amount.
3rd and subsequent years of financing Upto 3% of partial paid amount
For the purpose of imposition of prepayment fees, *Applicable to the amount prepaid less than 5%
the 2nd / onwards years fee will be applied after or greater than 20% of the outstanding amount
completion of each year from the date of first
disbursement.
*Partial prepayment may be made only twice in a
twelve (12) months period with a minimum sum of
5% and a maximum combined sum of 20% on zero
prepayment charge - and any subsequent partial
prepayment, irrespective of the amount will attract
prepayment penalty as mentioned above.
Note: Above charges do not apply on Free PPC
variant.

July - December 2023 28

 iv) Late payment charges Upto Rs. 1,500/- Per Late Instalment 3060702080
v) Banker's Cheque Reissuance charges Upto Rs. 500/- 3030401010
if lost by customer
vi) Legal Charges (third party payment) At Actual 3030110010
vii) Balance confirmation certificates Upto Rs.500/- 3560601030
viii) Duplicate half yearly statement Free
ix) Loan Enhancement Fee Rs. 4,000/- per enhancement 3030101170

e) Government’s Markup Subsidy

Scheme Mera Pakistan Mera Ghar

CONSUMER BANKING
I) Documentation charges Processing Fee Upto Rs.2,500/- excluding FED / ST (non-refundable) 3530102390
ii) Legal Stage 1 (Third Party Payment) At Actual
iii) Legal Stage 2 (Third Party Payment) At Actual
iv) Income Estimation (Third Party Payment) At Actual
v) Appraisal Fee (Third Party Payment) At Actual
vi)Property Insurance (Third Party Payment) At Actual
vii) Full Prepayment Fee Nill
viii) Partial Prepayment Fee Nill 3560703040
ix) Late Payment Charges Upto Rs. 1,000/- Per Late Installment 3030401010
x) Bankers Cheque Reissuance Charges (if lost by customer) Upto Rs.500/- 4040110010
xi) Legal Charges (Third Party Payment) At Actual 3560601030
xii) Balance Confirmation Certificates Upto Rs.500/-
xiii) Duplicate Half Yearly Statement Free

f) Roshan Apna Ghar

I) Processing Fee Upto Rs 4000/- Non Refundable 3030101170

ii) Legal Stage 1 (Third Party Payment) At Actual
Legal Stage 2 (Third Party Payment) At Actual
iii) Appraisal Fee (Third Party Payment) At Actual
iv) Full Prepayment Fee
1st year 1% of remaining principal amount 3560702050
2nd year Nil
3rd year and subsequent years of financing Nil
For the purpose of imposition of prepayment
fees, the 2nd/onward years fee will be applied
after completion of each year from the date of
first disbursement.
Note: Above charges do not apply to Free PPC
v) Partial Prepayment Fee
During 1st year 1% of Partial Paid Amount 3560702050
2nd year Nil
3rd year and subsequent years of financing Nil
For the purpose of imposition of prepayment
fees, the 2nd/onward years fee will be applied
after completion of each year from the date of
first disbursement.
*Partial prepayment may be made only twice
in a twelve (12) months period.
vi) Late payment charges Upto Rs 1,500/- per late installment 3060702080
vii) Banker’s cheque Reissuance charges if lost
Upto Rs. 500/- 3030401010
by customer
viii) Legal Charges (Third Party Payment)
At Actual 3030110010
ix) Balance confirmation certificates
Upto Rs. 500/- 3560601030
x) Duplicate half yearly statement
Free
xi) Loan Enhancement Fee
Upto Rs. 4,000/- per enhancement 3030101170

g) MCB Green Ghar Finance

i) Processing Fee PKR. 7,000/- Non Refundable
ii) Legal Stage 1 (Third party payment) At Actual
Legal Stage 2 (Third party payment) At Actual
iii) Income Estimation (Third party payment) At Actual
iv) Appraisal Fee (Third party payment) At Actual
v) Full prepayment Fee
1st year Upto 5% of remaining principal amount
2nd year Upto 4% of remaining principal amount
3rd year and subsequent years of financing Upto 3% of remaining principal amount

July - December 2023 29

 For the purpose of imposition of prepayment fees,
the 2nd / onward years fee will be applied after
completion of each year from the date of first
disbursement.
Note: Above charges do not apply to Free PPC variant

vi) Partial Prepayment Fee Upto 5% of partial paid amount

During 1st year Upto 4% of partial paid amount
2nd year *Applicable to the amount prepaid less than 5%
or greater than 20% of the outstanding amount.
3rd and subsequent years of financing Upto 3% of partial paid amount

CONSUMER BANKING
*Applicable to the amount prepaid less than 5%
or greater than 20% of the outstanding amount

For the purpose of imposition of prepayment fees,

the 2nd / onwards years fee will be applied after
completion of each year from the date of first
disbursement.
*Partial prepayment may be made only twice in a
twelve (12) months period with a minimum sum of
5% and a maximum combined sum of 20% on zero
prepayment charge - and any subsequent partial
prepayment, irrespective of the amount will attract
prepayment penalty as mentioned above.
Note: Above charges do not apply on Free PPC
variant.
vii) Late payment charges Rs. 1,500/- Per Late Instalment
viii) Banker's Cheque Reissuance charges Rs. 500/-
if lost by customer
ix) Legal Charges (third party payment) At Actual
x) Balance confirmation certificates Upto Rs.500/-
xi) Duplicate half yearly statement Free
xii) Vendor survey services At Actual
h) Car4U (Auto Finance/Lease/
Roshan Apni Car)
i) Processing Fee
New / Used / Local / Imported Car: Upto Rs. 8,000/- (to be received after loan approval 3530101180
along with down payment)
ii) Vehicle Appraisal charges for new applicant At Actual (The actual amount charged by the appraisal
(where applicable) (Third party payment) agency).
iii) Income estimation charges for self At Actual
employed (Third party payment)
iv) Full / Partial Prepayment Fee: 3560702040
1st year Upto 8% of principal amount prepaid
2nd year Upto 6% of principal amount prepaid
3rd year and all subsequent years of financing Upto 3.5% of principal amount prepaid
For the purpose of imposition of prepayment
fees, the 2nd / onward years fees will be applied
after completion of each calendar year from the
date of disbursement,

Maximum 2 partial prepayment are permissible

in a year and the minimum amount for a partial
prepayment should be equal to 6 monthly
installment.
Note: Above charges do not apply to Free PPC
variant
v) Balance confirmation certificates Upto Rs. 500/- 3560601030
(required by customer other than auditors)
vi) Duplicate half yearly statement Free
vii) Late payment charges Per late installment upto Rs. 1,500/- 3060702060
viii) Vehicle Repossession charges At Actual or PKR 75,000/- whichever in lower 4040124580
(Third party payment)
ix) Repossessed Vehicle appraisal charges At Actual or Rs. 5,000/-, whichever is lower. 4040124580
per instance if applicable
(Third party payment)

July - December 2023 30

 x) Legal charges in case of repossession At Actual 4040110010
(Third party payment)
xi) Repossessed Vehicle Parking/warehouse Upto Rs. 5,000/- Per Instance 4040124580
charges
xii) NOC for lien removal after 1 month of case Free
settlement
xiii) NOC for Issuance of Duplicate Registrations Free
Book
xiv) Documentation retreival charges Upto Rs. 2,000/- 3560601030
(beyond 6 months post maturity)
xv) Issuance of Duplicate NOC Upto Rs. 1,000/-

CONSUMER BANKING
xvi) Bio-metric Verification at the time of lien At Actual 3560601030
removal
i) Cash 4 Cash
i) Processing Fee (Fresh/ Renewal) Minimum Rs. 2,000/- or 0.20% whichever is higher 3030101990
ii) Income Estimation At Actual
iii) Legal Charges At Actual 4040110010

j) MCB Fleet 4U
i) Processing Fee All vehicle types. 0.1% of the finance amount or 3530102380
Minimum PKR 5,000/- whichever is high.
ii) Vehicle Appraisal charges for new applicant At Actual
(where applicable) (Third party payment) (The actual amount charged by the appraisal agency).
iii) Income estimation charges for self-employed At Actual
(Third party payment)

iv) Full/Partial Prepayment Fee:

1st Year Upto 8% of principle amount prepaid 3560703030
2nd Year Upto 6% of principle amount prepaid
3rd Year and all subsequent years of financing Upto 3.5% of principle amount prepaid

Note:
For the purpose of imposition of prepayment fees, the 2nd/onward years fees will be applied after completion
of each calender year from the date of disbursement. Maximum 2 partial prepayments are permissible in a
year and the minimum amount for a partial prepayment should be equal to 6 monthly instalments.

v) Balance confirmation certificates Upto Rs. 500/- 3060601030

(required by customer other than auditors)

vi) Duplicate half yearly statement Free

3060703020
vii) Late payment charges Per late installment Upto Rs. 2,000/-
viii) Vehicle Repossession charges At Actual or PKR 75,000/- whichever is lower 4040124580
(Third party payment)
ix) Repossessed Vehicle appraisal charges per At Actual or Rs. 5,000/- whichever is lower
instance if applicable(Third party payment)
x) Legal charges in case of repossession At Actual 4040110010
(Third party payment)
xi) Repossessed Vehicle Parking/warehouse Upto Rs. 5,000/- Per Instance 4040124580
charges
xii) NOC for lien removal after 1 month of case Free
settlement
xiii) NOC for issuance of Duplicate Registrations Free
3060601030
Book
xiv) Documentation Retreival Charges Upto PKR 2,000/-
(beyond 6 months post maturity)
k) Instant Cash Product
I) Processing fee Upto: Rs. 5,000/- Minimum Rs. 2,500/- 3060601440
ii) Annual fee (Renewal fee) Rs. 2,000/- 3060601430
iii) Late payment fee Rs. 1,000/- 3030102210
iv) Duplicate statement charges Free
l) Revolving Overdraft Facility
I) Processing fee 1% of approved limit Minimum and Maximum 3030101440
Rs. 2,500/- to 5,000/-

ii) Annual fee (Renewal fee) Rs. 2,000/-

iii) Debit Card (Renewal fee) On Actual 3030201050
iv) Late Payment Fee Rs. 1,000/- 3030102340
v) Duplicate statement charges Free

Note: Debit card, cheque book and sms alerts charges as per Retail Banking SOBC

July - December 2023 31

 INTERNATIONAL BANKING
International
Banking
A IMPORTS
1 Documentary Credit (LC)
First Quarter Each Subsequent Quarter 3030401080
Where total volume of import LC business of a
customer during a calendar year is:
Upto Rs.50 Million Upto 0.40% Upto 0.30%
Above Rs.50 Million upto Rs.75 Million Upto 0.35% Upto 0.25%
Above Rs.75 Million upto Rs.100 Milton Upto 0.30% Upto 0.20%
Above Rs.100 Million upto Rs.150 Million Upto 0.25% Upto 0.15%
Above Rs.150 Million Negotiable
Minimum Charges Upto Rs. 2,000/-
Note:
a)- Respective Group Head / Head Retail Banking & Head Retail Assets & Trade are authorized to refund LC
Commission on prorata basis upon cancellation of LC before its expiry.
However while refunding prorate commission for unexpired, care should be taken that the commission for partial
usage should be charged subject to minimum upto Rs.2,000/-
b) LC confirmation charges / charges outside Pakistan, where applicable, will be recovered on case to case basis
c) Where applicable SWIFT/Courier charges will be recovered at actual over and above the LC Opening
charges mentioned above

2 Commission on revalidation of expired LC Commission to be charged from the date subsequent to 030401080

INTERNATIONAL BANKING
the date of expiry of LC at rates applicable in case of
opening of fresh LC (Refer point A(1) above)
Note:
1) LC revalidation commission will be calculated on the amount of outstanding liability as per foreign exchange
rate prevailing on the date of revalidation
2) Revalidation commission will be charged upon acceptance of documents by the applicant drawn against
expired LC for the period beyond the date at which LC expired.

3 Non-reimbursable LC under Barter / Aid / Loans Upto 1% for the first quarter 3030401080
and Authorization to Pay Upto 0.30% for each subsequent quarter
Minimum Charges Upto Rs.1,500/-
4 Supplier’s /Buyer’s Credit, Pay As You Earn
Scheme and Deferred Payment LCs for period
over one year"
Upto 0.40% per quarter till final payment.
Note: At the time of opening of LC, the commission to 3030401080
be charged on full amount of LC liability plus interest
payable thereon for the period from the date of opening
a) LC Opening
of LC till the expiry of the LC. Thereafter commission is
to be recovered on six monthly basis on outstanding /
reducing liability, as per revised schedule of charges
applicable as on date.
b) Issuance of undertaking favoring SBP for Upto @ 1.60% Commission to be charged per annum
providing forward cover exchange risk on behalf on reducing liability
of applicant.
Minimum Charges Upto Rs. 1,500/-
5 Registration of Contract with SBP in respect of Upto Rs. 5,000/- as handling charges 3030401620
Private Foreign Currency Loans obtained by
borrowers in Pakistan from foreign lenders.
Minimum Charges
6 Issuance of No Objection Certificate (NOC) at LC amount Charges per application
Importer's request regarding forward exchange Upto Rs. 1 Million Upto Rs. 1,000/-
3030401080
booking through other bank against trade Over Rs. 1 Million Upto Rs. 1,500/-
transaction booked in MCB
7 Registration of Import Contract
Per Transaction (foreign & local)
Import Contract Business: 3030401630
Upto Rs. 50 Million Upto 0.30%
Upto Rs.100 Million Upto 0.25%
Over Rs.100 Million Negotiable
Minimum Charges Upto Rs.1,500/-

July - December 2023 33

8 Amendment in LC/Contract
(a) Amendment without increase in amount Upto Rs. 1,500/- per transaction. (plus applicable SWIFT
or extension in expiry date charges)

(b) Amendment involving increase in amount Upto Rs. 1,500/- Per transaction plus applicable
and/or extension in expiry date commission as per item 1, 4, 5 & 8 on page No. 5 & 6

9 Imports (other than LC or Contract Regisration) Upto Rs.0.15% 3030401640

Advance payment to suppliers for Import against
which LC / Import Contract has not been registered.
or
Remittance after receipt of goods into Pakistan 3030406150
(Open Account Imports)
Minimum Charges Upto Rs. 1,500/- (plus applicable SWIFT charges)

10 Import on Collection Basis

(Foreign Import Documentary Bills for Collection)
a) Handling commission. I) Upto Rs. 1,200/- per collection if charges are on Drawee's 3030401060
(Importer's) account
ii) US$ 75/- if charges are on Drawer's (Exporter's) account
b) Retum unpaid. US$100/- (Flat) from remitting bank plus courier charges &
other charges, if any.
11 Service charges
Service charges against all documentary Import Upto 0.15% 3060401010

INTERNATIONAL BANKING
bills (Collection & LC Bills)
Minimum Charges Upto Rs.1,500/-

12 Import Reimbursement Charges At actual 3030401080

(Payable to reimbursing bank)

13 a) Delivery order Upto Rs. 2,000/- 3030401670

issued for release of consignment in the absence
of non-negotiable original transport documents
(AWB/RR etc.)
b) Arrangement/Endorsement Fee in Foreign I) If charges are on Drawee's (Importer's) account
Inward Documentary Bills for Collections where the Upto Rs. 1,000/-
title/transport document is drawn to the order of ii) If charges are on Drawer's (Exporter's) account 3030401080
MCB without prior permission US$ 50/- deductible from proceed.

14 Clearance of Consignment 3030401680

under terms of Credit Limit Approval or unarranged a) Commission against approved limit Upto @ 0.20% on
clearance by the Bank. C & F value
b) Commission Upto @ 0.25% on C & F value on forced
clearance
c) No charges if customer pays directly to C & F agent
Minimum Charges Upto Rs.1,000/-

16 Sight Import Bills drawn under LCs: Mark-up (as per policy circulars/credit approval)
Plus commission as under
(a) When retired within 10 days from the date of No Commission.
negotiation*
(b) When retired after 10 days but within 20 days Commission Upto @ 0.20% of Bill Amount 3030401690
from the date of negotiation*
(c ) When retired after 20 days but within 35 days Commission Upto @ 0.25% of Bill Amount 3030401690
from the date of negotiation*
(d) When retired after 35 days but within 50 days Commission Upto @ 0.30% of Bill Amount 3030401690
from the date of negotiation*
(e) When retired after 50 days from the date of Commission Upto @ 0.45% of Bill Amount 3030401690
negotiation*

Note:
*Date of negotiation means value date when Bank's Nostro Account is Debited. M-up and Commission will be
applied on outstanding bill amount (after reducing the cash margin).
**No mark up to be charged in case 100% non-remunerative (no Profit) cash margin is deposited on or before
the date of negotiation*

July - December 2023 34

17 a) Usance Import Bill drawn
under Letters of Credit other than "Pay As You Rs. 1,200/- per bill, (Flat) at the time of retirement of bill.
Earn Scheme", "Suppliers Credit" and "Deferred In addition, acceptance commission Upto @ 0.15% per 3030401710
Payment Letters of Credits of period over one month for the period beyond validity of the Letter of
year." Credit (LC).

b) Extension in maturity of Usance Import Bills Service charges up to Rs, 1,500/- Flat per bill.
under LC / Contract
Minimum Charges Upto Rs.1,000/-.

18 Import Bills
under Forced PAD i.e. not settled by Importer Markup plus commission Upto @ 0.45%- on outstanding 3030401700
on due date finance plus handling charges and commission
recoverable on usance bills under LCs.

19 Handling Charges
a) Discrepant documents handling charges i) If charges are on Importer/LC Applicant's account-
under import LCs. All charges for correspondence SWIFT etc. plus foreign
banks charges (if any)
ii) If charges are on Exporter/LC Beneficiary's account:-
upto US$ 75/- or equivalent

b) Import bills under LC returned unpaid. US$ 100/- (flat) or equivalent from remitting bank plus
courier charges and other charges (if any)

Note:
No charges to be recovered in case such charges have already been charged under any of the institutional
arrangements such as "Private Labeling"

INTERNATIONAL BANKING
20 LC cancellation charges Upto Rs.2,000/- per LC Plus SWIFT charges 3030401080

21 Commission in lieu of exchange earnings Commission up to @ 0.10% plus Handling Charges

if importer arranges Foreign Exchange Rs.800/- Flat
Cover through another Bank for effecting
payment of Import transaction lodged
with MCB
22 Freight certificate for import on FOB basis. Upto Rs.1,000/- per certificate
23 Bank to Bank EIF / Fl Transfer Upto Rs. 500 per transaction
24 EIF / FI approval charges against import on Upto Rs. 500/- per transaction
"Free of Cost(FOC)" basis against which
payment is not to be made

25 Others
PSW EIF / Fl Upto Rs 100/- Per EIF / Fl
FOC PSW EIF / Fl Upto Rs 500/- Per EIF / Fl
Processing of Further Transactions for Upto Rs 500/- Per Transaction
Importers having Pending IAPs
Duplicate debit advice issuance Upto Rs. 250/- per advice

B EXPORTS
1 Letters of Credit:
(a) Advising (Foreign and Inland) Upto Rs. 2,000/- (US$ 50/- for outside Pakistan) plus 3030401720
applicable courier/SWIFT charges (At Actual)
(b) Amendment Advising (Foreign and Inland) Upto Rs. 1,200/- (US$ 50/- for outside Pakistan) plus 3030401720
applicable courier/SWIFT charges (At Actual)
(c) Negotiation of Rupee bills under Upto 0.25% plus applicable courier/SWIFTcharges 3030401110
export Letters of Credit. (At Actual)
Minimum Charges Upto Rs.500/- 3030401110
(d) Negotiation commission on all export bills
purchased/discounted
i) Clean Documents Upto Rs.1,000/-
ii) Discrepant Documents Upto Rs. 2,000/-
Note:-
In case of overdue negotiated bill, Mark-up as per bank’s approved applicable rate to be recovered.

(e) Addition of Confirmation (Foreign and Inland) To be approved by FID on case to case basis (subject
Minimum Charges to availability of country / cross border risk limits) 3030401110
upto 0.25% or Rs. 5,000 per quarter
(whichever is higher)

July - December 2023 35

 (f) Transfer of export LC.(Foreign and Inland) Upto Rs.1,500/- 3030401720
(g) Reimbursement payment to other local Upto Rs.1,000/- 3030401110
Banks from Non-Resident Rupee
Accounts/ACU Accounts.
2 When documents are sent to other bank for Upto Rs. 1,000/- plus applicable courier charges 3030401110
negotiation under restricted Letter of Credit (LC). (At Actual)

3 Documentary Bills without exchange difference Upto Rs. 500/- per collection. 3030401110
earnings

4 Handling Charges:
(a) Duty draw back claim Upto Rs. 0.25% per case 3030401730
Minimum Charges Upto Rs. 250/-

(b) Issuance / Reissuance / Duplicate of Annex'A' Upto Rs.250/- per transaction 3030401730
for the purpose of claiming duty draw back

(c) On all SBP/Govt.Related Subsidy Claims Upto 0.15%, per transaction 3030401300
Minimum Charges Upto Rs.250/- per transaction

(d) On collection of Exp.Dev.Surcharge Upto Rs.80/- per transaction 3030401730

(e) Research & Development Support Claims (R&D) Upto 0.25%, per transaction 3030401290
Minimum Charges Upto Rs.250/- per transaction

(f) Export Advance Payments Upto 0.15%, per transaction.

Minimum Charges Upto Rs.1,500/- per transaction 3030401740

INTERNATIONAL BANKING
(g) i) ERF Part- I, where pre-shipment is obtained Upto Rs. 2,000/- per shipment
from MCB and export is routed through
other bank

ii) ERF II - NOC for Transfer of Entitlement Upto Rs. 1,000/- per NOC 3030401110

(h) Handling of DLTL cases 0.25% on DLTL claim above Rs. 100,000/- and / or
Minimum Charges Rs. 250/- Flat where claim below Rs. 100,000/-
(i) In lieu of exchange earnings Upto 0.10% (flat) per transaction 3060402010
where exporter sells foreign exchange to some
other bank where as documents were sent for
collection by MCB
Minimum Charges Upto Rs.1,000/-

5 Service Charges against export documents sent 3060402010

on collection basis where payment cover is
already received in our Nostro Account.
Upto 150 million Upto 0.15 %
Above 150 million Upto 0.13 %
Minimum Charges Upto Rs.1500/-
6 Duplicate advice issuance Upto Rs. 250/- per advice
7 Charges for registration of contract for Upto Rs. 1,200/- per transaction
Export of Raw Cotton with State Bank of
Pakistan and subsequent handling of
shipping documents for return of Bank
Guarantee from State Bank of Pakistan.
8 Handling Charges on applications under Upto 0.40% Minimum up to Rs. 1,000/-
"Private Commodity Exchange
Arrangement With Foreign Parties" 3030401110
9 Bank to Bank transfer of electronic Financial Rs. 500/- per transaction
Instrument FI in PSW
10 Others
PSW FI Issuance Upto Rs 100/- Per EFE / FI
Processing of Further Transactions for Upto Rs 500/- Per Transaction
Exporter having overdue unutilized export
Advance Payment

July - December 2023 36

C REMITTANCES
1 Outward Remittances:
(a) Money transfer under general permission Upto 0.1% of value of transaction (Minimum $ 5/- 3030401010
or specific approval of SBP or from Foreign Maximum S 100/- or their Equivalent)
Currency Accounts
3060601030
(b) Inquiries regarding non-receipt of Upto Rs. 300/- each plus applicable Swift charges
funds where the bank acted correctly (At Actual)

(c) Communication charges for Back to Back

transactions
- Remittances below or equal to US$ 100 or 50% of normal charges i.e., US$ 15/- or its equivalent 3060602030
its equivalent per transaction
- Remittances above US$100 or its equivalent US$ 30/- or its equivalent per transaction

(d) Inward collection relating to Foreign US$ 3/- for collection upto US$ 1,000/-
Currency Accounts received from abroad or 0.1 % for collection above US$ 1,000/- (Maximum US$ 6 3060601030
local banks or our own branches with foreign Minimum US$ 3)
currency payment involved.

(e) Remmittance from Foreign Currency Account 3060601030

within ten days of FCY deposit in cash
i) Upto USD 10,000
(or equivalent currency) 0..25% These charges will be applicable only in

INTERNATIONAL BANKING
ii) USD 10,001 (or equivalent currency) and case of remittance is effected within 10 days
above 0.50% of cash deposits

Note:-
In Addition to above commission / correspondent bank charges at actual if any service charges / recovery
of courier/ postage / fax / swift charges also be made according to prescribed tariff wherever applicable

Inward Remittances:
3030401010
(a) Inward Foreign Draft, where payment made to 0.15%-
beneficiary, after payment is received in our
Nostro Accounts (other than Home Remittances).

Minimum Charges Upto Rs.400/-

(b) Inward cheques expressed in foreign currency 0.15% Commission. 3030401010

drawn on foreign currency Ales received from
local / upcountry bank's branches for
payment in Pak Rupees after conversion at
authorized dealers buying TT clean rates.
Minimum Charges Upto Rs.400/-
Note:-
In Addition to above commission / correspondent bank charges at actual if any / service charges /
recovery of courier / postage / fax / swift charges also be made according to prescribed tariff
wherever applicable

D MISCELLANEOUS
1 Authenticate and relay messages 3060601010
a) Outward i.e. If sent on behalf of a local FI to a foreign bank Upto Rs. 1,500 plus applicable SWIFT charges mentioned at (i) above
b) Inward i.e. If sent on behalf of a foreign bank to a local FI Upto US$ 50 plus applicable SWIFT charges mentioned at (i) above
(a) Fax/Telephone
i ) Domestic : At actual. 3060402030
ii) Foreign :
a) Single page At actual. 3060602030
(For Others)
b) More than one page At actual.
3060602105
(b) Courier. At actual. (For Trade)
Transactions
only)

(c) Charges to be claimed from remitting Upto US$ 30/- or its equivalent per message 3060601030
bank against inward remittances if MT-103 for amount of 100 US$ and above or its equivalent
mentioned ‘OUR’ No charges will be claimed from Non-Nostro
Servicing Agents/Banks

July - December 2023 37

 2 Standing Instructions charges In foreign US$ 6/- per instruction 3060601360
currency account.
3 Credit Information Report a) At actual as charged by the Foreign Bank / Agent / 3060601350
including Credit Report on Foreign Suppliers/ Credit Reporting Agency Which Provides the report
Buyers with prior intimation to the customer
b) No Charges if report is provided to Scheduled Bank /
DFI in Pakistan for bank's own customer, US $ 50
where report is provided to a bank outside pakistan
c) Postage/CourierlFax/Swift charges to be recovered
according to the prescribed Tariff.
4 Cancellation
(a) Banker’s Cheque cancellation charges for Rs.500/- per item Plus applicable SWIFT/postage charges 3030401810
i) Foreign Currency Account. (At Actual), should not be charged from Pakistan Remittance
Initiative (PRI) related foreign exchanged arrangement as
per SBP instructions. Applicable to previously issued
instruments as well.
ii) Under general permission or specific Upto Rs.350/- 3060601030
approval of SBP.
(b) Cancellation of Inward Swift Messages 3060602070
- Remittances below of equal to US$ 100 or its US$ 15/- or its equivalent per transaction
equivalent
- Remittances above US$ 100 or its equivalent US$ 30/- or its equivalent per transaction
-SWIFT/Postage charges will also be added accordingly
-Should not be charged from Pakistan Remittance Initiative

INTERNATIONAL BANKING
(PRI) related foreign exchanged arrangement as per SBP
instructions.

5 Issuance of duplicate Foreign Banker's Cheque Upto Rs.500/- Plus applicable Correspondent/ SWIFT/ 3030401810
postage charges

6 Issuance of Business performance certificate Upto Rs. 1,200/- 3060601030

(at customer's request.)

7 Purchase of Foreign Traveller Upto Rs.500/- (Flat) 3030401350

Cheques/Drafts etc.
8 Outward Collection for Foreign Currency 0.15% Minimum US$ 5 whichever is higher along with 3060601030
applicable courier charges & Correspondent Bank charges
Accounts. at actual
9 Clean Bills (cheque, bank draft etc.) Upto Rs.100/- per collection. 3030401010

10 Local US $ collection & settlement:

a) For Collection of instrument Upto Rs.300/- plus courier /Faxr/Telephone charges at 3030401010
actual. This includes Rs.100/- payable to NIFT
b ) For instrument return unpaid. Upto Rs.450/- plus courier /Fax/Telephone charges at
actual. This includes Rs.200/- payable to NIFT for its
services
11 For any enquiry requested by customer Upto Rs. 1,000
beyond 2 years relating to trade transactions

July - December 2023 38

-Sales Tax / FED on all exciseable services, where ever applicable, will be recovered in addition to the charges, unless specified otherwise.
 MCB PRIVILEGE CUSTOMERS
MCB Privilege Banking Facilities & Benefits will be offered to those Privilege Accounts customer who are
maintaining Quarterly average relationship of:

i) All Privilege Accounts (LCY / FCY)

The Quarterly average total deposits with the Bank should be equivalent or above Pak Rupees 5 Million. -
OR
The Quarterly average Current Deposits with the Bank should be equivalent or above Pak
Rupees 2 Million.
Minimum Charges of Rs.1/- (or equivalent of FCY A/c) per service to be recovered from Privilege Accounts holders for:

Chequebook Issuance Stop Payment of Cheque

Banker's Cheque Standing Instructions
Intercity Withdrawals Banker's Cheque cancellation ( For PKR A/c Only )
Priority Pass Annual Fee Duplicate Statements
intercity deposit Same day clearing charges
Privilege Platinum Debit Card (Visa)
Issuance Free
Annual Charges Free
Replacement Free

Lockers
Note:
All other charges will be levied as per banks prevailing Schedule of charges.
Relationship maintenance fee of Rs. 5,000/- per quarter will be charged / recovered in case of non maintenance of
required average balance. (qualification criteria in mentioned above)
PRIVILEGE CUSTOMERS

July - December 2023 39

-Sales Tax / FED on all exciseable services, where ever applicable, will be recovered in addition to the charges, unless specified otherwise.
 1 MCB Burqraftaar Remittance Account and
MCB Asaan Remittance Account
PayPak Gold and PayPak Classic Debit Cards are free
with MCB Burqraftaar Remittance Account and
MCB Asaan Remittance Account

2 Motherland Accounts

3
MCB Staff (Regular/Contractual/Retired/MCB Pensioner/ MCB Non-Pensioner)

-IBFT

(Including all cards)

FEE REDUCTION GRID

July - December 2023 40

 4 OSPs (Outsourced Services Providers)

5 Pensioner (Other then MCB)

Senior Citizens (with age of 65 years of more) &
Physically Handicapped Persons

(Visa PSC Silver, PSC Gold Card)

FEE REDUCTION GRID

July - December 2023 41