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Subject: “Mobilization of deposits in banking system of Pakistan” Submitted to: Ma’am Bushra Published by: Muhammad Mumtaz (09-arid-929) Tayyab Sultan (08-arid-387) Muhammad Sohail Ahorrar (09-arid-934) Farhan Ahmed (08-arid-402) ACKNOWLEDGEMENT Thanks to Almighty JAHVE who had manufactured us able to complete this kind of project with the true expertise. Special thanks are because of our respectable teacher Ma’am Bushra Zulfiqar who have demonstrated us the right way to go for the project to success and enlightened our mind with all the tips and direction to think artistically.

We are pleased to our good friends, who support us a lot during this course of project.

Stand of content: 1) Deposit, , , , , , , , , , , , , , , , , , , , , , , , , , -4 2) Current Accounts, , , , , , , , , , , , , , , , , , , , , , -4 3) HBL Independence Account, , , , , , , , , , , , , , , , , , , , 4 4) HBL Organization Value

Account, , , , , , , , , , , , , , , , , -4 5) Term Accounts, , , , , , , , , , , , , , , , , , , , , , , -5 6) HBL Benefit Account, , , , , , , , , , , , , , , , , , , -5 7) Investment Plus Deposit, , , , , , , , , , , , , , , , , , , , a few 8) Savings Accounts, , , , , , , , , , , , , , , , , , , , , , , a few 9) PLS – Personal savings Account, , , , , , , , , , , , , , , , , , , , -6 10) Remittance Munafa Plus Personal savings Account, , , , , , , , , , , , , six 11) Money Accounts, , , , , , , , , , , , , , , , , , , 7 12) Mobilization of deposits, , , , , , , , , , , , , , , , , , , , -8 13) HBL Car Loan, , , , , , , , , , , , , , , , , , , , , , , , 8 14) HBL Car To Car, , , , , , , , , , , , , , , , , , , , , , , , 9 15) HBL Credit rating Card, , , , , , , , , , , , , , , , , , , , , , , 15 16) HBL Home Loan, , , , , , , , , , , , , , , , , , , , , , , 11 17) HBL EXPENDITURE BANKING, , , , , , , , , , , , , , , , , 13 18) HBL Zarai Banking, , , , , , , , , , , , , , , , , , , , , , 18 19) MCB Islamic banking, , , , , , , , , , , , , , , , , , – , , , 18 20) Al-Makhraj Saving Account, , , , , , , , , , , , , , , , , , , 17 21) IANAT Account, , , , , , , , , , , , , , , , , , , , , , , , 18 22) Approach Makhraj Term Deposit, , , , , , , , , , , , , , , , , , , , 20 23) Ijarah, , , , , , , , , , , , , , , , , , , , , , , , , , , , 20 24) Murabahah, , , , , , , , , , , , , , , , , , , , , , , , , , -21 25) Diminishing Musharika Equipment, , , , , , , , , , , , , , , , -21 Summary: Banks generally adopt next strategies to mobilize their Build up in two categories 1-     � Demand Debris which are payable to the owner on demand i. elizabeth Savings Accounts Current Account and so forth 2-     � Period Deposits.

These are generally Fixed Put in for various tenors which range from month to 10 years and are payable in maturity. * Banks recognize Deposits coming from institutions just like Government establishments, public limited and Private limited companies and Trusts etc . * Banks accept Debris from public by launching various Put in schemes catering the demands of every segment of culture and offer desirable Profit prices on these kinds of schemes. 2. For example HBL offers HBL Money team Account to kids up to the age of 18 and offer CREDIT Card (with restricted Limit) and attractive Profit Costs up to six. 55% to attract the youngsters that will subsequently choose to maintain their very own Account with HBL right up until life time. For Businessmen who also frequently transfer money from their Accounts to make all their business payments HBL provides Freedom Bank account in which they will make Breezes of endless Number and amount and free online money transfer by managing minimum daily balance of Rs. twenty-five, 000. 00/- only. This strategy attracts huge numbers of business people to HBL which has competitive advantage of greatest Network of branches in each and every city of Pakistan with on the web facility. * For customers mainly businessmen who wish profit in daily basis HBL Presents HBL Daily Progressive Accounts on which earnings is computed on daily basis and credited in customers Accounts at month end. * Similarly to inspire the remittances by expatriates through banking channels HBL offers RMPA Remittance Additionally Munafa Accounts. * HBL mobilizes its deposits as investments in jobs and give financial loan to organizations as well as to the consumer.

HABIB FINANCIAL INSTITUTION LIMITED: DEPOSIT: There are various kinds of deposits account. Current Accounts: Make infinite transactions while maintaining a low bare minimum balance on a monthly basis. Current Account of HBL: 2. Minimum stability of Rs. 5, 000 * Unlimited transactions 2. charitable bearing * HBL Debit Cards and Inter Branch Transaction System (IBTS) facilities 2. Funds transfer to any traditional bank through HBL Phone Bank Basic Banking accounts (BBA): * Can be exposed with only Rs. you, 000 5. No minimum balance need * About 2 withdrawal and two deposit orders free every month * Unrestricted withdrawals through HBL Charge Card 5. not for profit bearing HBL Flexibility Account:

Employ your money as you may please with HBL Liberty Account. Others free from worries and expand your business with unmatched convenience. HBL Organization Value Accounts: * Not any minimum harmony requirement 5. HBL Charge Card and Inter Department Transaction System (IBTS) facilities * Unique transactional be the cause of Businessmen 2. Up to 12 Bankers Cheques free (at minimum equilibrium of Rs. 500, 000) * Income calculated daily, paid just about every quarter 5. Up to 5. 35% profit per annum * Funds copy to any bank through HBL Phone Bank. * Nominal monthly protection charge of Rs. 40 Term Accounts: Invest your savings within our term build up for a set duration and earn profit while keeping your savings secure.

HBL Advantage Account: | | |  | | | | | | | | | Term| Revenue per annum| 1 Year | | doze. 00%| | 3 Year | | 14. 00%| | five Year | | 15. 00%| | 10 Year | | 18. 00%| | | | |  | • | Multiple options for period and earnings payout. | •| Loan facility approximately 90% of investment. | •| Minimum investment of Rs. twenty-five, 000. | •| Drawback at end of set term. | Investment Plus Deposit: 2. Profit paid at maturity * Lowest investment of Rs. twenty million| 5. Multiple choices for tenure and profit payout| * Withdrawal for end of fixed term * Be the cause of Institutions| Financial savings Accounts: Acquire the flexibility of getting transactions when earning revenue on daily/monthly basis.

HBL Value Accounts: * 7. 19% earnings per annum| * Revenue calculated monthly, paid every quarter| 2. Deposit varies from Rs. 10, 1000 to Rs. 1, 000, 000| 2. Two withdrawals free every single month| COULD YOU – Family savings: * your five. 06% revenue per annum| * Earnings paid bi-annually| * HBL Debit Credit card and Inter Branch Transaction System (IBTS) facilities| * Funds transfer to any lender through HBL Phone Banking| * Minimal balance of Rs. twenty, 000| 2. Unlimited transactions| Remittance Munafa plus Savings Account: * Exceptional account for obtaining foreign remittances| * five. 12% profit per annum| * Revenue paid every month| * Minimum equilibrium of Rs. 20, 000| Daily Munafa Account: Earnings calculated daily, paid every single month| * Up to 8. 84% revenue per annum| * HBL Debit Credit card and Inter Branch Purchase System (IBTS) facilities| * Funds transfer to any lender through HBL Phone Banking| * Bare minimum balance of Rs. 20, 000| Daily Progressive Consideration: * One of a kind transactional are the cause of Institutions| 2. Profit determined daily, paid every month| * About 11. 57% profit per annum| 5. Inter Part Transaction Program (IBTS) facility| * Money transfer to the bank through HBL Mobile phone Banking| 2. Minimum equilibrium of Rs. 20, 000| Foreign Currency Accounts: HBL provides Foreign Currency Accounts in multiple currencies since savings and term accounts. FC-SB: Savings offered in 3 currencies, UNITED STATES DOLLAR (US dollar), EUR (Euros) and GBP (UK pound)| * Tiered product, with rates depending on choice of currency| * To earn income, minimum balance should be a thousand USD, EUR or GBP| * Interest is payable on the quarterly basis| HYFFD (High Yield Foreign Currency Fixed Deposit): * Obtainable in 1 month, 2 month, three or more month, 6th month and 12 Month in CHF, EUR | * Tiered product, with rates depending on choice of currency and term| * Earnings paid on maturity just. | Mobilization of debris: HBL CAR LOAN PACKAGE: HBL CarLoan helps you get a preferred car through a guaranteed hassle-free procedure, backed by remarkable service and support. Anyone can drive an automobile you always needed. Features: * Choice of applied, new local/imported and reconditioned imported car. * Repayment options starting upto 7 years. | 2. Up to 85% of auto financing for the vehicle of your choice. | * Insurance at all times to get complete satisfaction and security. | * Round the clock support available through HBL Mobile phone Banking you can place your requests and queries, monitor the status of your repayment/loan account and avail different value-added solutions through HBL Phone Bank. | Membership and enrollment criteria: | Salaried Persons | Self-Employed Business persons/ Professionals | Citizenship| Pakistani| Pakistani| Age| 22-60 years | 22-65 years | Minimum month-to-month income| Rs. 20, 1000 | Rs. 25, 1000 | Documents: Salaried People | • | Duplicate of CNIC | | 2 new passport size photographs| •| Latest first salary fall and personal traditional bank statement intended for last 3 months| | Self-Employed Organization persons/Professionals| • | Duplicate of CNIC | •| 2 recent passport size photographs| •| Bank statement for previous 6 months and bank letter confirming details of account| •| Proof of business| | HBL Car To Car: | HBL Car To Car is a revolutionary car auto financing offer. That makes the car of your choice cost-effective and useful with a buy back guarantee. HBL CarToCar gives matchless features and exclusive options by the end of the lease contract. Now you can travel a new car at the end of each two years. Features: Affordability:

With HBL Car To Car, you only have to pay the difference involving the car selling price and the pre-agreed residual worth to the traditional bank. As a result, the monthly payment may even become 40% to 50% lower than that of regular financing Up grade of lifestyle: HBL offers you the make sure if you wish to return the car to us at the finish of the lease term, you may not have to pay off the car’s recurring value. Instead, we will certainly directly reconcile this outstanding liability for yourself under the buy back guarantee. Consequently, you can upgrade to a new car as frequently as two years* without any problem and trouble. Pay only so that you use: When you lease an auto under HBL Car To Car, you simply pay for that part of the car’s value that you use during the lease term.

The car’s residual value* (forecasted for the end with the specific lease contract term) can be agreed along at the start in the lease term. This sum is subtracted from the car price as a result lowering the finance sum. This financial amount relies only on the part of the car’s value but not the full worth of the car. Therefore , HBL CarToCar offers very low payments as compared to virtually any conventional financing. |  |. | Flexibility| | HBL Car To Car offers you several choices by the end of the lease contract term: | * Upgrade , Just return the vehicle to HBL and drive a new one house | | * Walk away , Returning the car to HBL and end the lease| | * Purchase , Keep your same car.

Just make a one-time pay out of the car’s residual benefit to HBL or spend the same in easy payments over a particular extended length of time| | * Sell off , Take pleasure in the gain by selling off the car for a higher price available in the market than what you ay HBL as the residual value| Membership and enrollment criteria: | Salaried Individuals | A sole proprietor Business persons/ Professionals | Citizenship| Pakistani| Pakistani| Age| 22-60 years | 22-65 years | Minimum monthly income| Rs. 20, 500 | Rs. 25, 500 | Documentation: Self-Employed Business persons/Professionals • | Replicate of CNIC | •| 2 recent passport size photographs| •| Bank affirmation for previous 6 months and bank page confirming information on account| •| Proof of business| Salaried Individuals | • | Copy of CNIC | •| 2 the latest passport size photographs| | Latest unique salary go and personal traditional bank statement pertaining to last several months| | | | HBL Mastercard: | Everyone should be open to a associated with convenience and flexibility. Accepted at more than 29 mil merchants globally, HBL Credit-based card makes purchasing fun and paying simple. Therefore make the most of the shopping experience. Gold Card|  | Green Card| Rupees| Minimum low salary requirements| Rupees| 50, 000| | Salaried individuals| 15, 000| | one hundred and eighty, 000| | Self-employed business persons/professionals| 25, 000| | | Rupees| Credit limit range| Rupees| a hundred and fifty, 000| | Minimum| twenty, 000| | 500, 000| | Maximum| | | | HBL Home Loan: | HBL Home Loan offers financing options to purchase a new home or renovate an existing home.

Outright order: The overall purchase financial loan option provides financing for purchasing a new house. Home improvement: Home-improvement loan choice provides loans for redesigning your house. Overall Purchase| Descriptors| Home Improvement/ Renovation | 3 years to 20 years| Mortgage tenure| 3 years to 20 years| Rs. three hundred, 000 – Rs. 15, 000, 000| | Financial loan amount| Rs. 300, 000 , Rs. 5, 500, 000| | 85%| | Maximum loans amount (as % of appraised benefit of the property)| 70%| | 5 years| Property rental (years leftover at the time of bank loan maturity) | 5 years| Borne by the Bank| | Property insurance| Borne by Bank| | Primary applicant and co-borrower| | A life insurance policy through HBL by the insurance company on HBL panel)| Main applicant and co-borrower| | Eligibility requirements: | Salaried Individuals| Self-Employed Business Persons/ Professionals| Nationality | Pakistani (resident) | Pakistani (resident) | Grow older criteria with the main customer and co-borrower whose profits is being clubbed (spouse only)| | Long lasting employees Lowest age during loan application needs to be 21 years. Maximum grow older at the time of bank loan maturity should be 60 years. Contractual employees Lowest age during the time of loan application ought to be 21 years. Maximum grow older at the time of loan maturity ought to be 55 years | Minimum grow older at the time of loan application should be 21 years.

Optimum age during loan maturity should be 65 years. | | Duration of Employment| | Permanent workers Minimum one year experience, six months time experience with verified employment status in the current work. Contractual employees Minimum 2 years work experience. Alternative party contractual certainly not eligible. | Minimum a couple of years experience in personal business| | | Documentation: | Salaried Individuals| | 2. CNIC duplicate * 2 passport size photographs 5. Letter coming from employer * 2 most recent salary slips or earnings certificate 5. Bank affirmation for last 6 months and bank page confirming details of account 5. Copies of property documents| | A sole proprietor Business Persons/ Professionals| CNIC copy 2. 2 passport size photos * Proprietorship: Bank Certificate / Latest Tax Evaluation Order 2. Latest one full year bank declaration * Relationship Deed 2. Registered Contact form C * Memorandum, Actual association and registered Contact form 29 A (applies to company directors) * Clones of property documentsSchedule of bank charges: Application processing charges (including 16% FED)| Rs. 7, 000/- ( nonrefundable )| Early pay out charges | 4. seven percent of excellent principal | Partial repayment charges | 4. seven percent of modified principal | Late repayment charges | Rs. 700 (for every single late payment) | House evaluation payment | Real cost in addition 16% FED to be reclaimed | Legal fee | Actual cost plus 16% FED to become recovered | | HBL INVESTMENT BANKING: HBL provides full-service Purchase Banking functions to the clientele. This season alone, HBL has shut over 25 transactions with a cumulative worth of above USD two billion. This can be a testament to the out-of-box thinking and the innovative goods we provide our consumers.

The Investment Banking Group functions in three specialist business areas: Project Fund, Debt Capital Markets & Syndications and Equity Capital Markets & Advisory. Task finance: The majority of HBL’s project finance practice revolves around the strength sector. Before the power coverage of 2002, HBL definitely pioneered Job Finance in Pakistan throughout the funding of the gas-fired co-generation plant (94 Megawatts of power and desalination of three million gallons per day). Subsequent to the 2002 electricity policy, HBL continues to enjoy a intense role inside the sector and is the only Purchase Bank that was Lead Advisor to any or all IPP transactions that accomplished financial close.

In the fertilizer sector, HBL financed the largest local currency financing in Pakistan, really worth PKR 3 billion, in addition to a green field venture inside the telecom sector worth PKR 12 billion dollars. Debt Capital Markets & Syndications: With respect to the requirements of its consumers, HBL gives a variety of products, including syndications, securitizations, privately placed and listed TFCs, term financing facilities, business papers, etc . HBL enjoyed the business lead role in a number of significant financial debt transactions, including PKR 12-15. 14 billion dollars TFC issue (the major privately put issue in Pakistan), the initially bond offering for any microfinance institution in every of Asia, credit enlargement for a growing company in the consumer durables sector and numerous tier-2 capital transactions pertaining to commercial financial institutions. Equity & Advisory:

HBL offers a breadth of equity and advisory products including ground breaking capital raising methods, restructurings, public and private value placements and mergers & acquisitions. The HBL group played a pivotal role across a lot of sectors, which include energy, agriculture, consumer goods, fertilizers, and so forth, for elevating various forms of equity and quasi-equity. Lately, HBL organized a transformable debt be aware with a built-in Put characteristic for a US-based provider of agriculture technology and milk solutions – a first available transaction in Pakistan. HBL also gives valuation for the company inside the food and beverages sector. HBL ZaraiBanking:

HBL ZaraiBanking facilities will be spread country wide and provide auto financing through more than 800 of the branches. HBL’s presence in every agriculture belts of the country ensures quick access to farmers in countryside areas. HBL ZaraiBanking gives loans to small-scale area owning farmers as well as significant institutionalized and alliance primarily based finance, enhancing agricultural harvest and, subsequently, economic result of the nation. Products: HBL ZaraiBanking permits farmers to invest in premier top quality seeds, manures, pesticides, agricultural implements and nonfarm setups through it is various item programs. Plants Inputs: Harvest specific finance for purchase of Agri inputs such as seed, fertilizer, pesticide and other related inputs. Farmville farm Implements:

Financial available for purchase of farm tools & machines like combined harvester, sprayers, ploughs, conduit wells and other crop-related tools/implements. Tractors/Agricultural Vehicles: Finance accessible to individual maqui berry farmers, self-employed tractor operators, offering the option to pick vehicles via a range of various manufacturers. Livestock: Finance designed for feed, drugs, raw materials, raising expenses and other related activities. Chicken: Finance designed for all fowl related activities including fowl farm construction/equipment, hatchery grow & machinery, poultry feed, poultry medications, composite feed production, chicken processing and other related actions. Fish Farming: Finance readily available for inland seafood farms along with deep-sea angling.

This includes purchase of fishing boat, fish discovering equipment, netting & basics, ice manufacturer, fish farmville farm water solution, hatchery construction/equipment, purchase of drugs / give food to and other related activities. Group Lending: Joint finance facility for a number of farmers with small land holdings intended for working capital need. MCB Islamic banking Islamic Banking Split was formed with effect via 1st January 2003, which a short span of the time, has developed adequate expertise, necessary infrastructure, technology, and staff members to run Islamic Banking Functions and offer Islamic Banking Items. Mission assertion: To play a dynamic function in promotion of Islamic Banking and win clients trust by providing sharia compliant financial services. Vision:

To become a leader among Islamic Banks of the country in the coming years capturing significant share with the domestic Islamic financial market. Al-Makhraj Saving Account: The minimum put in requirement for Al-Makhraj Saving Account is only Rs. 5000 and profits can be earned 6-monthly. Other features associated with this device are the following: Minimum Preliminary Deposit: Rs. 5000 Islamic Tools used in designing the item: Mudaraba/ Musharaka Product being availed by: Individuals & Joint Account Holders (Local) Corporations, Corporate, Concentration, etc Exceptional Advantages: To get Customer = Bi-Annual Profit Payment, Disengagement Facility Shariah = Meets requirements intended for Shariah Compliance Additional Features: | * Individualized Cheque books| * Disengagement Facility by ATM/ Charge Card| | * On the web deposit as per bank’s policy| | 2. Virtual Banking| | 2. Call Centers Facilities| | * 6-monthly profit repayment on the basis of monthly declared rates| | 2. Issuance of duplicate statement of account (as every SOBC)| | * Free of charge bank stability certificates (once in 6th months)| | * Currently taking stop payment/ hold mail/ standing instructions| | * No charges if equilibrium falls listed below minimum level. | | * Personal financial consultancy services (regarding Shariah Up to date products)| | * Energy bill repayment via CREDIT card| | * Selection of statement frequency (as every Schedule of Charges)| IANAT Account:

For customers who are searching for a chequing account that provides them the simplicity doing unhindered number of orders, we offer Al-Makhraj Ianat Accounts. With a minimum of only Rs. 10, 1000, Ianat Accounts may be exposed. With all the features and establishments that this item offers, it is highly recommended for management of business funds. Details of the item are the following: | | 1| Minimal Initial Put in: Rs. 10, 000| 2| Product to get availed simply by: Individuals, Joint Account Holders (Local), Companies, Business, Trusts, etc| 3| Additional Features: | | A| Personalized Cheque books| | B| Withdrawal Facility from ATM/ Debit Card| | C| Online first deposit as per bank’s policy| D| Debit credit card, Utilities payment via CREDIT card| | E| Virtual Banking| | F| Call center facilities| | G| Totally free bank harmony certificates (once in 6th months)|  | H| Taking stop payment/ hold mail/ standing instructions|  | I| Issuance of duplicate declaration of consideration (as per Schedule of Charges)|  | J| Choice of statement frequency (as per Schedule of Charges)|  | K| Zero penalty if balance comes below lowest level. | 4| Banking Network: IBD’s Branch only| | Approach Makhraj Term Deposit: At least Rs. 25, 000 is essential for purchase in Al-Makhraj Term Pay in. Choice of tenors can be made out of a list of options namely you, 3, six months time, 1 or 2years.

Income payment solutions to buyers are regular monthly, quarterly and/ or in maturity. Information on the product will be as follows: * Minimum Pay in: Rs. twenty-five, 000| 5. Islamic Tools used in developing the product: Mudaraba/ Musharaka| * Tenors Obtainable: 1 mth, 3 mth, 6 mth, 1 yr or 2 yrs | * Product to get availed by: Individuals, Joint Account Holders (Local), Companies, Company, Trusts, etc| * Exceptional Advantages: | | 2. For Customers = Profit Repayment Options personalized to suit requirements of customers, Minimum Deposit requirement’s lower than most banks it is therefore more accessible/ affordable for individuals | | * Shariah = Meets requirements for Shariah Complying | | * Additional Features: | | * Local agent facilities| * Taking keep mail/ ranking instructions for profit obligations etc| | * Personal financial agency services (regarding Shariah Up to date products)| Revenue Sharing Ratio on Al-Makhraj Account: Profit Sharing Ratio on Al-Makhraj Riba-Free Cost savings, Term First deposit  Accounts can be: Rabbul Maal (Depositor)|   70%| Mudarib (Bank)|   30%| MCB offers 3 broad Islamic fund based facilities: 5. Ijarah * Mudarabah 2. Diminishing Musharika Equipment Ijarah: MCB’s Islamic Ijarah, analogous to the English term , leasing’, is founded on the ‘Ijarah wa Iqtina’ concept meaning the sale in the asset for the lessee (customer) after the Ijarah has full grown. Under this scheme, MCB will be the owner of the asset, and you (lessee) will be provided the property to use