COMPARISON OF DIFFERENT PRODUCTS & SERVICES OF HBL & MCB

SUBMITTED TO : MR Muhammad Baksh

PREPARED BY :
Kanwal Awan Abdul Majid Hafeez Mohsin Qadeer Awan Raja Mansoor Dawood Khan

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TABLE OF CONTENTS
SR.NO. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 PARTICULARS

Acknowledgemnent About HBL Vision Mission Brand Products of HBL HBL car to car HBL car loan HBL credit card Accounts Term accounts HBL advantage account Investment plus deposit Current accounts HBL freedom account HBL business value account Current account Basic banking account Savings accounts HBL value account PLS savings account Remittance munafa plus savings account Daily munafa account Daily progressive account Foreign currency accounts FC-SB High yield foreign currency fixed deposit About mcb Vision statement Mission statement Values Awards and accolades Online services Call centre Services offered Bill payement Loans MCB pyara ghar MCB car 4 u Accounts Basic banking account Current account Savings account Foreign currency account Smart dollar account

PAGE NO 6 7 7 7 9 10 11 13 14 15 16 16 16 17 18 19 20 22 21 22 22 23 23 23 24 24 24 25 26 26 27 28 28 29 30 31 32 33 34 35 35 36 37 38 39 Page 3

46 47 48 49 50 51

Savings 365 gold Special rupee term Business account Savings xtra Current life account Conclusion

40 41 42 43 44 45

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ACKNOWLEDGEMENT

COUNTLESS THANKS TO HE WHO IS LORD OF LORDS

At first instant, humbly we bow our head with all the feeling of our heart and soul before the Almighty Allah, the beneficent, the omniscient who bestowed us with all the mental abilities to work out this project. We feel highly honoured to express our profound gratitude to our respected fellows who help us in this project. we deeply grateful to Administration of L&D for providing us opportunity to get training in Habib Bank, most dynamic, progressive, prestigious, professional and number one bank of Pakistan. We would commit a moral lapse if we do not mention our parents through whose patronage prayers, we happened to come up to this level of qualification

Thanks all from the core of my heart.

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ABOUT HABIB BANK LIMITED

HBL was the first commercial bank to be established in Pakistan in 1947. Over the years, HBL has grown its branch network and become the largest private sector bank with over 1,450 branches across the country and a customer base exceeding five million relationships. The Government of Pakistan privatized HBL in 2004 through which AKFED acquired 51% of the Bank's shareholding and management control. HBL is majority owned (51%) by the Aga Khan Fund for Economic Development, 42.5% of the shareholding is retained by the Government of Pakistan (GOP), whilst 7.5% is owned by the general public i.e. over 170,000 shareholders following the public listing that took place in July 2007. With a presence in 25 countries, subsidiaries in Hong Kong and the UK, affiliates in Nepal, Nigeria, Kenya and Kyrgyzstan and rep offices in Iran and China, HBL is also the largest domestic multinational. The Bank is expanding its presence in principal international markets including the UK, UAE, South and Central Asia, Africa and the Far East. Key areas of operations encompass product offerings and services in Retail and Consumer Banking. HBL has the largest Corporate Banking portfolio in the country with an active Investment Banking arm. SME and Agriculture lending programs and banking services are offered in urban and rural centers.

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VISION
Enabling people to advance with confidence and success

MISSION
To make our customers prosper, our staff excel and create value for shareholders

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Our Brand
Our brand identity is the outward expression of what we stand for as an organization. This is summarized in our vision, mission and is supported by our values.

Vision
Enabling people to advance with confidence and success

Mission
To make our customers prosper, our staff excel and create value for shareholders

Values
Our values are the fundamental principles that define our culture and arebrought to life in our attitudes and behaviour. It is our values that makeus unique and unmistakable. Our values are defined below:

Excellence
This is at the core of everything we do. The markets in which we operate are becoming increasingly competitive, giving our customers an abundance of choice. Only through being the very best - in terms of the service we offer, our products and premises - can we hope to be successful and grow.

Integrity
We are the leading bank in Pakistan and our success depends upon trust. Our customers and society in general - expect us to possess and steadfastly adhere to high moral principles and professional standards.

Customer Focus
We understand fully the needs of our customers and adapt our products and services to meet these. We always strive to put the satisfaction of our customers first.

Meritocracy
We believe in giving opportunities and advantages to our employees on the basis of their ability. We believe in rewarding achievement and in providing first-class career opportunities for all.

Progressiveness
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We believe in the advancement of society through the adoption of enlightened working practices, innovative new products and processes, and a spirit of enterprise

Productsof HBL Bancassurance

HBL and New Jubilee Life Insurance Company Limited (NJLI) introduce Amaan (Retirement Plan ) and Tabeer (Child Education & Marriage). These products have been designed keeping HBLs customer base as the focus and will provide life insurance along with an investment option.

Amaan is a pension plan that provides an opportunity for growth through investment in a balanced portfolio with post-retirement income benefits. The plan covers life insurance and gives attractive returns on investment to its customers. Eligible age Minimum payment Minimum age to exercise pension option Benefit on accidental death 18 60 years Rs. 2,000 per month 55 years

Rs. 800,000 will be paid along with other benefits Rs. 200,000 will be paid along with other benefits Allowed Two options available: 1. Policy can be cashed in total 2. Pension can be recieved for life

Benefit on death

Partial withdrawals Maturity benefits

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Tabeer is a plan that provides parents with a means to accumulate a fund over a period of time which can then be used to pay for a childs education or marriage. Plans are available for both under and over 45 years of age. Eligible age Minimum payment Benefit on accidental death 18 60 years Rs. 3,000 per month In addition to other benefits, Rs. 500,000 will be paid for the marriage of the nominated female child, given that female child is at least 18 years of age Allowed Two options available: 1. Policy can be cashed in total 2. Funds are paid back as per policyholder's designated time period

Partial withdrawals Maturity benefits

HBL CarToCar
HBL CarToCar is a revolutionary car financing offer. It makes the car of your choice affordable and practical with a buy back guarantee. HBL CarToCar offers matchless features and unique options at the end of the lease. Now you can drive a new car at the end of every two years. Features Pay only for what you use Upgrade of lifestyle Affordability Flexibility

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Pay only for what you use When you lease a car under HBL CarToCar, you only pay for that part of the cars value that you use during the lease term. The cars residual value* (forecasted for the end of the specific lease term) is agreed with you at the start of the lease term. This amount is deducted from the car price thus lowering the finance amount. This finance amount is based only on a part of the cars value and not the full value of the car. Therefore, HBL CarToCar offers very low installments as compared to any conventional financing.

*The residual value of a car is its estimated future value, based on its depreciated value at the end of the lease term. Upgrade of lifestyle HBL gives you the guarantee that if you wish to return the car to us at the end of the lease term, you will not have to pay off the cars residual value. Instead, we will directly settle this outstanding liability for you under the buy back guarantee. Hence, you can upgrade to a new car as frequently as two years* without any complication and hassle. *Minimum repayment term may vary Affordability With HBL CarToCar, you only have to pay the difference between the car price and the pre-agreed residual value to the bank. As a result, the monthly installment may even be 40% to 50% less than that of conventional financing. Flexibility HBL CarToCar offers you several choices at the end of the lease term: Upgrade - Simply return the car to HBL and drive a new one home Walk away - Return the car to HBL and end the lease Buy - Keep the same car. Just make a one-time settlement of the cars residual value to HBL or pay the same in easy installments over a specified extended period of time Sell - Enjoy the gain from selling off the car at a higher price in the market than what you ay HBL as the residual value Eligibility Criteria Salaried Individuals Self-Employed Business persons/ Professionals Citizenship Pakistani Age 22-60 years 22-65 years Minimum monthly income Rs. 20,000 Rs. 25,000
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Documentation Salaried Individuals Copy of CNIC 2 recent passport size photographs Latest original salary slip and personal bank statement for last 3 months

Self-Employed Business persons/Professionals Copy of CNIC 2 recent passport size photographs Bank statement for last 6 months and bank letter confirming details of account Proof of business

HBL Car Loan

HBL Car Loan helps you get your preferred car through a simple and hassle-free process, backed by superior service and support. Now you can drive a car you always wanted. Features Choice of used, new local/imported and reconditioned imported car. Repayment options ranging upto 7 years. Upto 85% of financing for the car of your choice. Insurance at all times for complete peace of mind and security. Round the clock support available through HBL PhoneBanking; you can place your requests and queries, track the status of your repayment/loan account and avail other value-added services through HBL PhoneBanking. Eligibility Criteria Salaried Individuals Self-Employed Business persons/ Professionals Citizenship Pakistani Pakistani Age 22-60 years 22-65 years Minimum monthly income Rs. 20,000 Rs. 25,000

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Salaried Individuals Copy of CNIC 2 recent passport size photographs Latest original salary slip and personal bank statement for last 3 months

Self-Employed Business persons/Professionals Copy of CNIC 2 recent passport size photographs Bank statement for last 6 months and bank letter confirming details of account Proof of business

HBL CreditCard
Welcome to a world of convenience and flexibility. Accepted at over 29 million merchants worldwide, HBL CreditCard makes shopping fun and paying simple. So make the most of your shopping experience.
Gold Card Green Card

Rupees

Minimum gross salary requirements

Rupees

50,000

Salaried individuals

15,000

180,000

Self-employed business persons/professionals

25,000

Rupees

Credit limit range

Rupees

150,000

Minimum

20,000

500,000

Maximum

149,000

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ACCOUNTS

HBL offers a wide range of accounts suited to meet individual customer needs. Click on any of the accounts below to find out which account is right for you or call 111-111-425 for more information.

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1.Term accounts

Offered in a variety of tenors for investment and payout

2.Current account

Our Current Accounts offer features that meet your daily banking needs .

3.Saving accounts
HBLs Saving Accounts cater to individual saving habits

4.Foreign currency account

Offered in multiple currencies with interest paid on a quarterly basis

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1. TERM ACCOUNTS

Invest your savings in our term deposits for a fixed duration and earn profit while keeping your savings secure. For more information please see below or call 111-111-425.

TYPES OF TERM ACCOUNTS

1. HBL ADVANTAGE ACCOUNT 2. INVESTMENT PLUS ACCOUNT

1. HBL Advantage Account

Multiple options for tenure and profit payout Loan facility up to 90% of investment Minimum investment of Rs. 25,000 Withdrawal at end of fixed term Term 1 Year 3 Year 5 Year 10 Year Profit per annum* 10.25% 11.00% 10.87% 10.24%

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2.Investment Plus Deposit

Account for Institutions Multiple options for tenure and profit payout Profit paid at maturity Minimum investment of Rs. 20 million** Withdrawal at end of fixed term

*Terms and conditions apply. These are expected rates and can change. All profits payable are subject to Zakat and Government Levies **Except in the case of 1 month where minimum investment is Rs. 100 million

CURRENT ACCOUNTS
Make unlimited transactions while maintaining a low minimum balance every month. For more information, please see below or call 111-111-425.

TYPES OF CURRENT ACCOUNTS

a.HBL Freedom Account b.HBL Business Value Account c. Current Account d. Basic Banking Account (BBA)

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A) HBL FREEDOM ACCOUNT

Use your money as you please with HBL Freedom Account. Rest free from worries and expand your business with unmatched accessibility across Pakistan. On a monthly balance of Rs. 25,000 or more, avail a host of free services including:

Free cash withdrawal & deposit transactions through any HBL branch Free online funds transfer transactions Free Bankers Cheques Free HBL cheque deposit transactions at any HBL branch Free cheque books Free duplicate account statements Free debit card issuance (for individuals and sole proprietors) Free ATM transactions through HBL network Free SMS alerts* on transactions above PKR 25,000/- (for individuals and sole proprietors) upon activation via HBL Phone banking.

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Call 1-1 111-111-425 now or apply online to enable our conour customer representative to contact you

Note: A charge of Rs. 58 will be applicable to each debit transaction initiated by the customer during the month if balance falls below Rs. 25,000 even for a day.

b).HBL BUSINESS VALUE ACCOUNT

Unique transactional account for Businessmen Up to 5.35% profit per annum* Profit calculated daily, paid every quarter No minimum balance requirement Nominal monthly maintenance charge of Rs. 50 HBL Debit Card and Inter Branch Transaction System (IBTS) facilities Up to 10 Bankers Cheques free (at minimum balance of Rs. 500,000) Funds transfer to any bank through HBL Phone Banking

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c).CURRENT ACCOUNT

Minimum balance of Rs. 5,000 Unlimited transactions Non-profit bearing HBL Debit Card and Inter Branch Transaction System (IBTS) facilities Funds transfer to any bank through HBL Phone Banking

d).BASIC BANKING ACCOUNT (BBA)

Can be opened with only Rs. 1,000 No minimum balance requirement Up to 2 withdrawal and 2 deposit transactions free every month Unlimited withdrawals through HBL Debit Card Non-profit bearing

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SAVING ACCOUNTS

Avail the flexibility of making transactions while earning profit on daily/monthly basis. For more information please see below or call 111-111-425

TYPES OF SAVING ACCOUNTS

a.HBL Value Account b.PLS Savings Account c. Remittance Munafa Plus Savings Account d. Daily Munafa Account e. Daily Progressive Account

a).HBL Value Account

7.19% profit per annum* Profit calculated monthly, paid every quarter Deposit ranges from Rs. 10,000 to Rs. 1,000,000** Two withdrawals free every month

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b).PLS Savings Account

5.06% profit per annum* Profit paid bi-annually HBL Debit Card and Inter Branch Transaction System (IBTS) facilities

Funds transfer to any bank through HBL Phone Banking Minimum balance of Rs. 20,000** Unlimited transactions***

c. Remittance Munafa Plus Savings Account

Special account for receiving foreign remittances 5.12% profit per annum* Profit paid every month Minimum balance of Rs. 20,000**

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d).Daily Munafa Account

Profit calculated daily, paid every month Up to 8.84% profit per annum* HBL Debit Card and Inter Branch Transaction System (IBTS) facilities Funds transfer to any bank through HBL Phone Banking Minimum balance of Rs. 20,000**

e).Daily Progressive Account

Unique transactional account for Institutions Profit calculated daily, paid every month Up to 11.57% profit per annum* Inter Branch Transaction System (IBTS) facility Funds transfer to any bank through HBL Phone Banking Minimum balance of Rs. 20,000**

Terms and conditions apply. These are expected rates and can change. All profits payable are subject to Zakat and Government Levies **Service charges apply if minimum balance falls below Rs. 20,000 *** Rs. 12 deducted per transaction if more than 2 withdrawals are made in a month

4.FOREIGN CURRENCY ACCOUNT

HBL offers Foreign Currency Accounts in multiple currencies as savings and term accounts. For more information see below or call:111-111-425

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TYPES OF FOREIGN CURRENCY ACCOUNTS

1.FC-SB 2.HYFFD (HIGH YOELD FORIGN CURRENCY FIXED DEPOSIT)

1.FC-SB

Savings Account offered in 3 currencies, USD (US dollar), EUR (Euros) and GBP (UK pound) Tiered product, with rates depending on choice of currency To earn profit, minimum balance in USD, EUR and GBP is 1,000 Interest is payable on a quarterly basis

HIGH YIELD FOREIGN CURRENCY FIXED DEPOSIT

Available in 1 month, 2 month, 3 month, 6 month and 12 Month in USD, EUR and GBP Tiered product, with rates depending on choice of currency and term Profit paid on maturity only. No interim interest is payable.

- These are indicative rates and are liable to change. Contact your nearest branch or call 111-111-425 for current rates - Taxes and other deductions as per applicable laws

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ABOUT MCB
MCB is one of the leading banks of Pakistan with a deposit base of Rs. 368 Billion and total assets over Rs.500 Billion. Incorporated in 1947, MCB soon earned the reputation of a solid and conservative financial institution managed by expatriate executives. In 1974, MCB was nationalized along with all other private sector banks. The Bank has a customer base of approximately 4 million, a nationwide distribution network of over 1,000 branches and over 450 ATMs in the market. During the last fifteen years, the Bank has concentrated on growth through improving service quality, investment in technology and people, utilizing its extensive branch network, developing a large and stable deposit base.

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Vision Statement
To be the leading financial services provider, partnering with our customers for a more prosperous and secure future

Mission Statement

We are a team of committed professionals, providing innovative and efficient financial solutions to create and nurture long-term relationships with our customers. In doing so, we ensure that our shareholders can invest with confidence in us.

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OUR VALUES INTEGRITY

We are the trustees of public funds and serve our community with integrity. We believe in being the best at always doing the right thing. We deliver on our responsibilities and commitments to our customers as well as our colleagues.

RESPECT
We respect our customers values, beliefs, culture and history. We value the equality of gender and diversity of experience and education that our employees bring with them. We create an environment where each individual is enabled to succeed. EXCELLENCE We take personal responsibility for our role as leaders in the pursuit of excellence. We are a performance driven, result oriented organization where merit is the only criterion for reward.

CUSTOMER CENTRICITY
Our customers are at the heart of everything we do. We thrive on the challenge of understanding their needs and aspirations, both realized and unrealized. We make every effort to exceed customer expectations through superior services and solutions.

INNOVATION
We encourage and reward people who challenge the status quo and think beyond the boundaries of the conventional. Our teams work together for the smooth and efficient implementation of ideas and initiatives.

AWARDS & ACCOLADES Best Bank In Asia Award 2008

MCB has been awarded as a Euromoney Award 2008 for the " Best Bank in Asia".

Best Bank In Pakistan Award 2006

MCB has yet again received the esteemed Euromoney Award for the Best Bank in Pakistan. It is the only bank to receive the Euromoney Award for Excellence for the sixth time in the past seven years. Best Bank In Pakistan Award 2005

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MCB has again received the esteemed Euromoney Award for the Best bank in Pakistan. It is the only bank to receive the Euromoney Award for Excellence for the fifth time in the last six years.

Best Bank In Pakistan Award 2004

In a continuous winning streak, MCB once again takes pride in being conferred with Euromoney's prestigious award of excellence, for being the "Best Bank in Pakistan" for the fourth time in the last five years.

Best Bank In Pakistan Award 2003

MCB believes in you. Together we work with quality, integrity and dedication, striving to achieve collective success by understanding changing trends and assimilating into diverse cultures. Your trust in our ability and our commitment to deliver has again won us the Euromoney Award 2003 for the "Best Bank in Pakistan".

Best Bank In Pakistan Award 2001

Your trust and our commitment is always an award wining combination MCB was awarded as a Euromoney Award 2001 for the " Best Bank in Pakistan".

Best Domestic Bank Award 2000

MCB was awarded as a Euromoney Award 2000 for the " Best Domestic Bank in Pakistan".

Asia Money Awards

The Best Domestic Commercial Bank Award 2005 MCB Continues to shine as once again Asia Money declares MCB as "The Best Domestic Commercial Bank in Pakistan" for the year 2005.

The Best Domestic Commercial Bank Award 2004

MCB has a distinction of winning the Asia Money 2004 award for being "The Best Domestic Commercial Bank in Pakistan".

ONLINE SERVICES MCB ATM SERVICES

Welcome to a world of convenience with the MCB ATM Smart Card. "It Works. Anytime, Anywhere in Pakistan & abroad.MCB ATM Smart Card is accepted at over 4,000 ATMs nationwide. MCB ATM Smart Card enables you to access fast cash, inquire account balance, transfer funds and pay utility and mobile bills/mobile top-ups from any of over 450 MCB ATMs in the country. So go ahead! Use your MCB ATM Smart Card anytime, anywhere.

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CARD CATEGORIES
MCB ATM Regular Card
MCB ATM Classic Card allows withdrawal of up to Rs.15,000 per day and a maximum of 3 withdrawals per day per card.

MCB ATM Gold Card

The MCB ATM Gold Card allows withdrawal up to Rs. 25,000 per day and a maximum of 6 withdrawals per day per card. The cardholder has to make at least two transactions to withdraw the full amount of Rs. 25,000.

CALL CENTRE
The state of the art MCB call center is the right choice to keep you in step with your ever hectic schedule by providing you services relating to your account and Smart card at any point in time. Our well-abreast and friendly call center team is available 24 x 7, 365 days a year to ensure that your daily financial obligations are taken care of guaranteeing you a good nights sleep.

Services Offered
General Inquires
ATM locations Account opening procedures MCB Bank charges All MCB Product related information MCB merchant locations

Financial Services
Account Balance inquiry Funds transfer request Debit card Transactions details Last five transactions details All credit card related requests 24 Hour ATM card blocking Bill Payments (PTCL, SSGC, SNGPL, KESC, HESCO, IESCO,Mobilink, UFONE, Zong,TELENOR) Purchase Vouchers (Mobilink, Ufone, Zong, Warid Telenor).

Non Financial Services

Credit Card Address Change request Virtual Banking activation 24 Hour complaint registration Mobile Banking activation Why wait for tomorrow to make a request or transactions, give us a call and we will take care of all your financial needs. 24 x 7 x 365. That's not all.

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BILL PAYEMENT
MCB easy bill pay offers unmatched convenience to pay your utility and mobile phone bills or re-charge your prepaid mobile phone accounts anywhere, anytime with security and peace of mind. MCB is the only bank that offers you 3 convenient options of making bill payments to PTCL, SSGC, SNGPL, KESC, Mobilink, Supernet, IESCO, HESCO,and Ufone. So, save your precious time by avoiding long queues and pay your bills through MCB Easy Bill Pay. MCB Smart Card or MCB ATM Card Holder can easily pay their bills or re-charge their prepaid mobile phone account through the following convenient options of MCB easy bill pay.
Bill Payments Features

Pay your bills 24 hours a day 7 days a week. Make either full or partial payments. Full payment is required for PTCL only. Recharge your pre-paid account for Ufone, Mobilink and Zong as per their fixed slabs. Pay as a registered or non-registered user. Registration will help you avoid the time delay in entering details each time you carry out a transaction.

LOANS
MCB Business Sarmaya Business Set... Tau Life Set ! Good cash flow is the key to any successful business.MCB Business Sarmaya offers running finance facility against your house/flat,insuring a steady cash flow for your business.So now you can breath easy,because Business Set....tau Life Set. FLEXIBLE 1. 2. 3. 4. AFFORDABLE 1. Lower mark up and that too only on utilized amount. 2. Option to club income to avail higher financing limits. HIGH LOAN AMOUNT Loans up to 70% of the value of your house / flat. Running finance facility, to use as and when you want. Financing upto Rs. 20 million Pay back when you want Only monthly mark-up payment

SPEED Fast and hassle free processing of application after completion of your documents. EASE Doorstep service and assistance from our dedicated sales staff to fill and submit application along with documents. Page 30

WIDE ACCESSIBILITY AND AVAILABILITY Access your Business Sarmaya account through our vast ATM and branch network anywhere in Pakistan. Available in all major cities i.e. Karachi, Lahore, Faisalabad, Rawalpindi and Islamabad. EXISTING CUSTOMERS Get discounts if you are already a customer of similar facility at another bank. So why wait? Apply for MCB Business Sermaya today and keep growing your business because Business settau Life Set.

MCB PYARA GHAR

Apna Ghar Pyara Ghar Owning your dream home has never been easier. MCB Pyara Ghar is the most sensible option for purchasing, building, or renovating your new/existing home. It offers you a range of financing options to help you realize your dreams. After all ", Apna Ghar Pyara Ghar". Five segments of housing finance product are mentioned as under: Purpose HP: Purchase of Ready property. HC: Construction of house on land owned by borrower/s and should be disbursed in tranches. HR: Renovation of existing home with documented end usage and should be disbursed in tranches. BTF: Payment to the relevant bank plus a portion paid to the customer for documented end use other than investments in real estate and capital market. PC: Purchase of land / plot and construction on it which should be disbursed in tranches. Cities offering housing finance: Karachi, Lahore, Faisalabad, Rawalpindi and Islamabad cities are offering housing finance. General terms and Conditions: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. Repayment in equal monthly installments (EMI). Title Search of property documents is mandatory. Information regarding availed loans from other banks should be authentic. Personal information should be valid. Mandatory verification checks of borrowers and collateral. Bureau reports regarding repayment history of all borrowers wherever applicable should be unambiguous, positive and satisfactory. Property insurance is mandatory. Equitable/Token Registered Mortgage/Registered Mortgage based on legal opinion. Noting of mortgage charge in banks favor is mandatory as per banks policy. Legal Opinion from banks approved professional lawyers. Collateral appraisal through banks approved valuation agencies. Income estimation through banks approved Chartered Accountants.

Extract of relevant SBP Regulations and banks policy on mortgage Financing: Page 31

a) SBP Regulation: Total monthly installment should not exceed 50% of net disposable income. b) MCB Bank policy: Total monthly installment should not exceed 50% of net disposable income for financing up to 10M whereas maximum 45% debt burden for financing above 10M. c) SBP Regulation: The debt equity ratio should be 85: 15. d) MCB Bank policy: The debt equity ratio is 70:30. e) SBP Regulation: Banks/DFIs may extend mortgage loans for housing up to any tenure defined in the banks/DFIs duly approved credit policy and keeping in view the maturities profile of their assets & liabilities. f) MCB Bank policy: Maximum loan tenure is 20 years. g) SBP Regulation: The collateral should be properly evaluated by third party or concerned officials. h) MCB Bank policy: The collaterals are evaluated by banks approved evaluation agencies. i) SBP Regulation: Floating rate should extend for housing finance . j) MCB Bank policy: Floating rate are extended for housing finance which is re-priced annually. The bank spread would however remain constant while the change in KIBOR shall affect the pricing. Eligibility Criteria: i. ii. iii. iv. v. Applicant(s) must be Pakistani National. Salaried, Self employed businessmen (SEB) and Self employed professionals (SEP) are eligible for application. Satisfactory verifications. Satisfactory bureau checks. Satisfactory income estimation, property valuation and legal opinion.

Eligible Financing Limits: i. ii. iii. iv. v. vi. vii. Minimum Loan amount PKR 500,000. Maximum Loan amount: HP: 20 Million HC: 10 Million. HR: 5 Million. BTF: 20 Million. PC: 20 Million.

Pricing Criteria: Rate for Salaried class: Offered 1 year Kibor rate of last working day of the month + 4% spread. Rate for SEP/SEB: Offered 1 year Kibor rate of last working day of the month + 4.5% spread After completion of 12 months cycle, loan will be repriced; however, the spread will remain the same. Required Documents: Application Form. Copy of valid and original CNIC. Two passport size photographs. Declaration of all financing facilities availed from all banks/DFIs. Income Documents. Business/Employment proof. Copy of property documents. Page 32

MCB Car4U
Kahin na Kahin tau Hai 1 Car 4 You Life in the fast lane can be really slow without a car. MCB Car 4 U makes it a breeze to finance/lease your new/used car. So get up to speed, because "Kahin Na Kahin Tau Hai1 Car 4 You". FLEXIBLE o o o o o o o Option for financing or leasing Financing tenures from 1 to 7 years Option for new as well as used cars Options for local as well as imported cars Financing upto Rs. 25 lacs Option for early payment Option for replacement loan

AFFORDABLE o o o Lower mark up rates Lower insurance rates Minimum 20% down payments

SPEED o o Fast and hassle free processing of application Priority delivery on different vehicles

SPECIAL BENEFITS o o No processing fee if the case is declined Pay your down payment after your loan is approved

AVAILABILITY o o Currently available in the following cities: Karachi, Lahore, Faisalabad, Rawalpindi, Islamabad, Sialkot, Gujranwala, Hyderabad.

EXISTING CUSTOMERS o o Get discounted rate if you are already our customer for Personal Loan, Pyara Ghar or Business Sarmaya. If you are our branch customer, you can avail this facility anywhere in Pakistan.

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ACCOUNTS

1. BASIC BANKING ACCOUNT

Its as simple as ABC to start banking with MCB. Look after your money the simple way, with MCB Basic Banking Account. KEY POINTS Open a Basic Banking Account with as little as Rs.1000/- only. No minimum balance maintenance requirement. No monthly account maintenance charges. Two free deposits per month (including cash and clearing).* Two free withdrawals per month (including cash and clearing).* Unlimited free withdrawal transactions through MCB's ATMs.
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Unlimited transactions through Virtual Banking. Use your MCB Smartcard to shop at thousands of merchant outlets across Pakistan

MCB ACCESS:

Branches, on your way Hundreds of 9-5 full day banking branches (including Saturdays). Network of over a thousand branches, and hundreds of online branches, at convenient locations.

ATMs (Access 24/7) Over 420 MCB ATMs. Over 3500 MNET/ 1-LINK ATMs.

Call Center, at your fingertips (Access 24/7) General Inquiry e.g. ATM Locations, Product Information etc. Financial Services e.g. Account Balance Inquiry, Debit Card, Transaction detail, bill payments etc Non-financial Services e.g. Internet Banking activation etc.

Internet Banking, virtually anywhere (Access 24/7) Bill payments and Funds Transfer. Bank Account Statement and Cheque Book Request.

SMS Banking, on the go (Access 24/7) Balance Inquiry details. Last 4 transaction details.

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2. CURRENT ACCOUNT

What are you waiting for? Race and be ahead. Discover the quick, easy, and convenient way to manage and use your money within an MCB Current Account.

KEY POINTS Low minimum balance requirements. Unlimited cash deposit and withdrawal facility at hundreds of branches nationwide . Use your MCB Smartcard to shop at thousands of merchants across Pakistan. Lockers and other affordable transactional facilities.

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SAVINGS ACCOUNT:
Start saving and discover a habit thats worth getting into.

MCB Savings Account offers you one of the most suitable ways to manage your hard-earned money. So start saving and earning profit today.

KEY POINT Low monthly average balance requirements. Profit paid into your account every six months. Unlimited cash deposit and withdrawal facility at hundreds of branches nationwide. Use your MCB Smartcard to shop at thousands of merchants across Pakistan. Locker facility at economical rates. Bank Account Statement and Cheque Book Request.

4. FOREIGN CURRENCY ACCOUNT

Enjoy the confidence of operating an international account, locally. MCB Foreign Currency Account offers you the option of earning attractive returns on your Foreign Currency Investment.

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KEY POINTS Open your account in US Dollar, UK Pound Sterling, or Euro. Open for as little as US$ 500 or equivalent. Unlimited transactions at your branch. Free Foreign Currency cash deposit and withdrawal facility. Rate of Return directly linked with international market. Profit paid into your account every six months. Foreign Remittances facility available. Countrywide network of Foreign Currency Branches. Cash withdrawal in PKR equivalent.

MCB ACCESS:

Branches, on your way

Hundreds of 9-5 full day banking branches (including Saturdays). Network of over a thousand branches, and hundreds of online branches, at convenient locations. Call Center, at your fingertips (Access 24/7)

General Inquiry e.g. ATM Locations, Product Information etc. Financial Services e.g. Account Balance Inquiry, Debit Card, Transaction detail, bill payments etc Non-financial Services e.g. Internet Banking activation etc. Internet Banking, virtually anywhere (Access 24/7)

Bill payments and Funds Transfer. Bank Account Statement and Cheque Book Request. SMS Banking, on the go (Access 24/7)

Balance Inquiry details.

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Last 4 transaction details.

5. SMART DOLLAR ACCOUNT

Discover a sensible solution that helps make more of your dollar savings. MCB Smart Dollar Account is a sensible way to maintain or grow your US Dollar deposit across USD Current, Savings or Term Deposits.

KEY POINTS USD Current, Savings and Term Deposit accounts. Competitive profit rates. Attractive incentives being offered, if you maintain the minimum amount of USD 10,000/- or above.*

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* Free & Limited Service Charges: Free Lockers (subject to availability). Pak Rupee Account: without minimum balance requirement. Free collection for crediting Foreign Currency Account. Free Standing Instructions for Current Account. Free Bank Statements. Discount (up to 50%) on processing of Personal Loans.

SAVINGS 365 GOLD

The higher you save, the higher you go. MCB Savings 365 Gold Account offers you a wide range of attractive profit rates.

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KEY POINTS The higher your balance, the higher your rate. Profit calculated on daily basis. Profit paid into your account every month. Open your account with Rs. 500,000/- only. Cash deposit and withdrawal facility at hundreds of branches nationwide.

7. SPECIAL RUPEE TERM

Make the most of your time with lucrative term deposits. With a wide range of choices and tenors, you can open one or more term deposit accounts that best suit your current or long term needs.

KEY POINTS
Highly attractive profit rates. Multiple tenors from one month onwards. Option of premature encashment.
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Option for ATM debit card to access profit earned.

8. BUSINESS ACCOUNT:

An upwardly mobile way to bring down costs on your way up. MCB Business Account lets you build your business through the accrued savings from discounted transaction fees and more.

KEY POINTS
Higher the balance, the higher the number of free transactions.* Open a Business Account with Rs.50,000 only. Unlimited free cash deposit and withdrawal facility at hundreds of branches nationwide.

FREE SERVICES
When you maintain average monthly balance of Rs.100,000 or above* Demand Drafts/Pay Orders. Cancellation for Demand Drafts/Pay Orders. Cheque Book. International ATM Gold Card.

MCB ACCESS:

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Branches, on your way

Hundreds of 9-5 full day banking branches (including Saturdays). Network of over a thousand branches, and hundreds of online branches, at convenient locations.

ATMs (Access 24/7)

Over 350 MCB ATMs. Over 3000 MNET/ 1-LINK ATMs.

Call Center, at your fingertips (Access 24/7)

General Inquiry e.g. ATM Locations, Product Information etc. Financial Services e.g. Account Balance Inquiry, Debit Card, Transaction detail, bill payments etc Non-financial Services e.g. Internet Banking activation etc.

Internet Banking, virtually anywhere (Access 24/7)

Bill payments and Funds Transfer. Bank Account Statement and Cheque Book Request.

SMS Banking, on the go (Access 24/7)

Balance Inquiry details. Last 4 transaction details.

SAVINGS XTRA

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10. CURRENT LIFE ACCOUNT

The coverage you need for the life you lead. MCB Current Life gives you the peace of mind of comprehensive life insurance in a current account and fits right into your lifestyle. KEY POINTS Open a Current Life Account with just Rs.1, 000. Free comprehensive life insurance coverage.* No joining fees on Debit/ATM Card. 50% discount of Debit Card Annual Fee at the time of renewal. Low monthly average balance requirement. Unlimited free cash deposits/withdrawals across hundreds of branches

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CONCLUSION:
This was not a simple chore to complete successfully this study but with the grace of Allah it become not so complex for us and we successfully accomplished the task. The role of the banks is economic development of a country is very vital. Basically banks remove the deficiency of capital by mobilizing savings and investment. A sound banking system integrators the small and scattered savings of the community and makes them available for productive purposes HBL Is playing an important role in mobilizing and allocating finances from and to different industrial and commercial sectors. The bank is acting as a bridge between savers and he investors. Without a commercial bank like HBL, money saved would remain idle and the sectors short of funds would remain unfed. This would strayed the economic activities of life and enthusiasm although in this report only important factions have been emphasized, the agency and he utility services e provided the HBL are also of significant important. The main objection is to provide to their people who will save their time and money MCB is one of the most important names in the banking sector of Pakistan. It has mission and vision policies and procedures, objectives and strategies, performances and its current market position obviously denotes its strength and soundness. It is playing a vital role in the economic growth of the country.

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REFERENCE
http://www.hbl.com/about-us-history.php http://www.hbl.com/individual-customers-self-service.php http://mcb.com.pk/privilege/ http://mcb.com.pk/privilege/product_proposition/current_life_account.asp www.google.com

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