Terms & Conditions
- Customer needs to have minimum balance in Mobile Account based on the plan selected to avail the daily profit. However, customer can use the balance for any transaction anytime
- 20% WHT will apply on profit posted in account
- Profit will not be posted in suspended account
The Balance in the customers Mobile Account will be applicable for Zakat deduction. Mobile account customer can submit the Zakat declaration form (CZ-50) at their nearest Jazz Franchise, Business center and Mobilink Microfinance Bank Branch. To locate the closest franchise, business center and WMBL branch.
Account holder should clearly write his/her branchless account number on the front of copy of CZ-50 being submitted, under his/her signature. CZ-50 of accounts claiming zakat exemption must be received at touch points before 1st Shaban ul Moazzam. CZ-50 received after 1st Shaban ul Moazzam will not be entertain for current year. However, if any account is opened on or after 1st of shaban ul Moazam the Zakat declaration may be obtained while opening the account and condition of thirty days preceding the valuation date does not apply. Scanned copy of the CZ-50 with customer mobile account can be submitted to bbcr@Mobilinkbank.com as well.