Monthly Profit Calculator on Saving Account Pakistan 2026
Calculate monthly profit on your saving account in Pakistan. This calculator works for all Pakistani banks including Meezan Bank, HBL, UBL, MCB, Allied Bank, Bank Alfalah, Bank Al Habib, Askari Bank, Faysal Bank, National Bank, JS Bank and BOK and BOP Islamic banks. Just enter your saving amount, annual profit rate and get monthly profit, after tax profit and yearly profit. Profit rates in Pakistan are 15% to 22% for regular saving and 18% to 25% for Islamic monthly mudarabah certificates.
How Profit is Calculated on Saving Account
Banks in Pakistan give profit on average monthly balance. Formula: Monthly Profit = (Saving Amount x Annual Profit Rate) / 100 / 12. For example, if you have 1,000,000 PKR in saving account with 18% annual rate, monthly profit = 1,000,000 x 18% / 12 = 15,000 PKR per month. Yearly profit = 180,000 PKR. Banks deduct withholding tax on profit: 15% for filers and 30% for non-filers. So filer net profit = 15,000 - 15% = 12,750 PKR. Zakat 2.5% is also deducted on 1st Ramadan if balance above Nisab and you have not submitted Zakat affidavit CZ-50.
Islamic banks use profit and loss sharing - profit rate is not fixed but expected. Meezan Monthly Mudarabah Certificate gives 19% to 22%, Al Baraka, BankIslami, Dubai Islamic give similar. Conventional banks like HBL, UBL give interest which is Haram but calculator works same.
Best Saving Account Profit Rates in Pakistan 2026
Meezan Bank Monthly Mudarabah Certificate 19% to 22%, Meezan Saving Account 15% to 18%, BankIslami Ijarah Certificate 20%, Dubai Islamic Bank 18%, HBL PLS Saving 15% to 19%, UBL PLS Saving 14% to 18%, MCB Saving 15%, Allied Bank 15%, Bank Alfalah 16% to 19%. Rates change every month as per SBP KIBOR. Islamic banks profit is Halal as per Mufti Taqi Usmani approved.
FAQs
How much profit on 1 lakh in Meezan Bank?
On 100,000 PKR with 18% annual, monthly gross profit = 1,500 PKR, after 15% filer tax = 1,275 PKR net per month. Yearly net = 15,300 PKR.
How much profit on 10 lakh saving account?
On 1,000,000 PKR (10 lakh) with 18%, monthly gross 15,000 PKR, after tax filer 12,750 PKR per month. Yearly 153,000 PKR net.