ANY INSTITUTION WHICH ACCEPTS DEPOSITS AND ADVANCING LOANS.

HISTORY OF BANK Al FALAH

Bank Al Falah Limited was launched on June 21, 1997 as a public

limited company
The bank commenced its operations on November 1, 1997

The bank introduced commercial banking and related services as

defined in the Banking companies ordinance, 1962

The bank is currently operating through more than 223 branches in

Pakistan

Bank Alfalah has expanded its branch network and deposit base, along
with making profitable advances and increasing the range of products
and services. Bank Alfalah is the5th largest bank of Pakistan in terms
of its assets

Bank Alfalah Limited was launched on June 21, 1997 as a public limited
company under the Companies Ordinance 1984. The bank commenced
its operations on November 1, 1997. The bank introduced commercial
banking and related services as defined in the Banking companies
ordinance, 1962.

VISION

To be the premier organizations operating locally and internationally

that provided the complete range of financial services to all segments
under one roof.

MISSION

To develop and deliver the most innovative products, manage

customer experience, deliver quality service that contributes to brand
strength, establishes a competitive advantage and enhances
profitability thus providing value to the stakeholders of the bank

Alfalah Auto Loan

Be in the drivers seat when buying the perfect car. Alfalah Auto Loan
lets you control your payment plan.
Basic Features and Benefits
You can choose a car that is new, used or imported
Affordable markup rates to choose from-fixed and variable
Minimum documentation and free quick processing
Financing available up to 7 years tenure
Enjoy special comprehensive insurance rates

Zero charges on Car Replacement

Vehicle Replacement Option
Alfalah Home Finance
Alfalah Home Finance helps you fulfill your dream of owning a home
be that buying, renovating or simply switching your present home
finance facility from any other bank. With Bank Alfalah, now you can
choose the Home Finance option that best suits your needs:
Alfalah Home Buyer
With the Alfalah Home Buyer facility, your dream home can now
become a reality!. We will provide you with required financing of up to
70% of the value of the property you want to own. The payment period
will range from 3 to 25 years.
Alfalah Home Construct
You own a plot but need financing to now construct a home on it! With
Alfalah Home Construct we can provide you with up to 100% of the
construction cost enabling you to bid farewell to rents forever! In case
you dont have a plot, we can provide you with up to 60% of the value
of the plot that you have selected for purchase! Payment period will
range from 3 to 25 years.
Alfalah Home Improver
You already own a home, but need extra space for a growing family
and want to expand your existing set-up. Simply apply for financing of
up to Rs. 3.50 million or 40% of the surveyed value of your home and
get yourself the extra space through the Alfalah Home Improver!
Alfalah Home Start
Specially designed for young professionals to own a quality asset early
in life, Alfalah Home Start is ideal for someone looking to buy an
already constructed housing unit! We offer a moratorium of up to 3
years in principal payments, for a financing of up to 25 years. You
service the mark-up element only initially and principal repayment
starts after the end of the moratorium period.
Alfalah Plot Purchase & Construct
With Alfalah Plot Purchase and Construct facility, you could purchase a
Plot of your choice and can convert it into your dream home. We will
provide you with required financing of up to 70% of the value of the
finished property you want to have. The payment period will range
from 3 to 25 years.

DEBIT CARDS

Bank Alfalah Limited presents Alfalah Hilal Card, the first Visa Electron
International Debit Card which gives an unlimited access to current /
savings account with a simple swipe, at millions of retail shops and
ATMs, worldwide. The Alfalah Hilal Card comes with a host of
conveniences and benefits combined with the wide reach of Visa
Network enabling it to be accepted at more than 840,000 ATMs and 13
million retail outlets around the world, making it the most acceptable
Debit Card available in Pakistan.

CREDIT CARDS
Bank Alfalah credit and VISA cards is everywhere and globally accepted and
welcomed at locations displaying VISA logo. It is accepted at nearly 30
million merchants and 870,000 ATMs in more than 150 countries around the
globe and over 10,000 establishments in Pakistan. Bank Alfalah Credit and
VISA cards pays for shopping, travel, entertainment, meals and much more.
ONLINE BANKING
To provide enhanced and value added products to customers bank is
constantly striving for additional facilities. Bank provide fully automated
online telephone banking facilities to its customers enabling them to carry
out the banking transactions like balance inquiries, statement requests,
product information and exchange rates.
AUTOMATED TELLER MACHINES(ATMs)
The bank offers 24 hours self service banking facilities to its customers
country wide basis through deployment of ATM. This system allows the
banking facilities such as withdrawls, cash deposits, funds transfer, balance
inquiries and account statements. Electronic cash dispensing facilities are
available in major cities of Pakistan through a state of the art satellite
communication system which provide 24 hours banking services.
RUPEE TRAVELERS CHEQUES
Rupee Travelers Cheques are as good as cash and are accepted at the major
shops, travel agents, hotel business establishments and all over the world.
This service is being offered to facilitate instant fund availability to travelers
and business people who used to carry a huge amount with them.
Conclusion

It is backed by powerful international investors

Employees are the most important assets of any organization.

With their focused strategy and product development initiatives

planned for the year, Bank Alfalah is strongly positioned to meet these
challenges.

Bank Alfalah has to maintain its position through product

innovativeness, customer care and advertising and promotion.
Types
Alfalah Current Account
Enjoy your everyday banking needs with absolute ease through our
non-interest bearing Current Account, giving you instant access to your
cash from any branch across our growing network.

Features & Benefits

Minimum monthly balance requirement of Rs. 5,000 only

Account opening requirement of Rs. 1,000

First Cheque book free

Five POs free on maintaining an average balance of Rs. 50,000 and

above. Any further PO will be charged as per SoC

No restriction on number of monthly deposit or withdrawal

transactions.

Easy access to funds through cheque book and VISA Debit/ATM Card
that can be used globally at over 30 million outlets and at more than 2
million ATMs

Free online banking across Bank Alfalah branches nationwide

Alfalah Kamyab Karobar Current Account
If you think big, you can win big. And if you have the will to start a
business or expand one, Alfalah Kamyab Karobar is the perfect partner
for you. We believe in people who, like us, are passionate and have a
spirit to defy the odds. And our products are designed to help you on
this journey to success. With Alfalah Kamyab Karobar you get a current
account that offers unlimited free transactions. Our network of over
600 online branches can facilitate your business across Pakistan. So
set your mind to your business where it belongs. Maintain Rs. 25,000
monthly average balance and avail:

Free Cheque Books

Free Pay Orders and Demand Drafts
Free SMS on every transaction
Free Alfalah Debit Card (Visa) accepted at over 30 million outlets and 2
million ATMs worldwide
Free online transaction (including funds transfer, cash withdrawals &
deposits) within Bank Alfalah branches nationwide
Free cash withdrawals from any Bank Alfalah ATM
Free E-statements
Internet Banking facility enabling you to transfer funds, pay
utility/mobile bills, download account statement and much more
Access to your account with our 247 Alfalah Contact Centre.
Alfalah Asaan Account
Opening a bank account doesnt need to involve too much hassle. With
minimal documentation and just Rs. 100, open your Alfalah Asaan
Account today.

Features

You can open current and savings account

Avail a 6-monthly profit rate on your savings account*

No service charges on non-maintenance

No minimum balance requirement

Monthly cash deposit/withdrawal limit of up to Rs. 500,000

Get your Alfalah Debit Card when you open an account**

Cheque book available upon request**

SMS alert on every transaction**

Alfalah Mahana Amdan Term Deposits
If you looking to earn high rate of returns on your fixed deposits with
the benefit of monthly profits, then Alfalah Mahana Amdan is best
suited for you.

Features and Benefits

Invest with a minimum deposit of Rs. 50,000 for1 year term deposit &
Rs. 100,000 for 3 years term deposit
Profit paid every month
Financing facility up to 90% of the deposited amount
Visa ATM/Debit Card accepted at more than 4500 1-Link network ATMs
in Pakistan and over 30 million outlets and over 2 million ATMs
worldwide
Alfalah Savings Account
Enjoy your basic banking needs with complete ease while you also
start earning profits on your savings for a more protected tomorrow.

Features & Benefits

Open with an initial deposit of Rs 100 only

No monthly minimum balance requirement

Profit is calculated on the average balance

Profit is paid semi-annually

No restriction on number of monthly deposit or withdrawal transactions

Easy access to funds through cheque book and VISA Debit/ATM Card
that can be used globally at over 30 million outlets and at more than 2
million ATMs

Convenience of online banking across all Bank Alfalah branches

nationwide
Alfalah Basic Banking Account
If your basic banking requirements do not require multiple monthly
cheque transactions, then our non-interest bearing Basic Banking
account may fulfill your day to day banking needs with no minimum
balance requirement or restrictions on ATM withdrawals.
Features Benefits
Open with an initial deposit of Rs. 1,000 only
No monthly minimum balance requirement

2 free deposits and 2 free withdrawal transactions every month

through cheque
VISA Debit/ATM Card accepted at over 30 million outlets and more than
1.5 million ATMs worldwide.
Alfalah Foreign Currency Accounts
To manage your foreign currency transactions with security, ease and
convenience , you can place your funds in our Foreign Currency
Current and Savings Accounts.

Foreign Currency Current Account

Non-profit bearing checking account

Account can be opened in US Dollar, Pound Sterling, Euro or Japanese

Yen

Minimum balance equivalent to 100 (USD, GBP, EUR) or 5,000 Yen

No restriction on number of monthly deposit or withdrawal

transactions.

Foreign Currency Savings Account

Account can be opened in US Dollar, Pound Sterling, Euro or Japanese

Yen

Minimum balance equivalent to 250 (USD, GBP, EUR) or 10,000 Yen

Profit is calculated on minimum monthly balance and paid on a semiannual basis.

No restriction on number of monthly deposit or withdrawal

transactions.

ORGANIZATIONAL STRUCTURE
President (CEO)

Chief Operating Officer

Group Head
Regional Manager

Area Manager
Branch Manager

Operation Manager

Officers

Non-Clerical Staff