CHAPTER NO-5

Commercial & Retail Banking

Bank's Profile

COMMERCIAL & RETAIL BANKING

National Bank of Pakistan serving following product lines: Premium Aamdani Scheme Unprecedented Safety - Unprecedented Return Monthly Income Scheme A monthly income scheme introduced by National Bank of Pakistan for investors as well as for general public. Incentives are available for investors providing finance facility against these certificates and also allowed to customers to convert existing deposits into National Bank Premium Aamdani Certificates. Earn up to 11% p.a. Minimum deposit of Rs. 20,000/Maximum deposit of Rs. 5,000,000/Investment period is 5 years Free Demand Draft, Pay Order and Cheque Book Convenience of NBP online Aasan Banking (for online banking customers) Free NBP Cash Card (ATM+Debit) Running finance facility up to 90% Profits paid on monthly basis

Premium Saver Scheme (PLS Saving Account)

your's saving reward

Earn up to 7.25% p.a. Minimum saving balance of Rs. 20,001/- & a maximum balance of Rs. 300,000/-* Free NBP Cash Card (ATM + Debit) Convenience of NBP Online Aasan Banking (for online banking customers) Two debit withdrawals allowed in a month & no limit on number of deposit transactions Profit calculated on monthly and paid on half yearly basis

President's Karobar Scheme Mera Apna Karobar National Bank of Pakistan is providing financing under President Karobar Scheme with the cooperation of government of Pakistan. The purpose of this scheme is to reduce unemployment from the country. Main features are as under Minimum down payment, 10% of asset price (5% for PCO & Telecaster) Tenure of loans 1 to 5 years (for PCO 2 years) Grace period 3 months Maximum loan amount Rs. 200,000/Age 18-45 years Mark-up (variable) 1 year KIBOR + 2.00% p.a.

The customer will pay markup @ 6% p.a., rest will be borne by GOP* NBPS loan available for: Utility Store, Transport PCO/Tele-centers

Procedure to Apply Customer to visit any NBP branch to obtain loan application form and scheme details. Application form could also be downloaded from the NBP web site. Photo copy of the form will also be accepted. Each form will cost Rs. 5. In case of photocopy or downloaded form, form fees will be charged at the time of application submission Branch to provide details of the scheme along with the required documents to be submitted with the application form Customer to submit the application form along with all the required documents as well as the verification and the processing fees. The application form and all the relevant papers of the customer will be checked by the Branch staff and if found complete, application processing will commence If the case is approved then the customer will be informed accordingly and will be advised to deposit the Down payment and fulfill all the other product specific formalities Upon fulfillment of all the details and approval of the loan by the competent authority, Purchase Order in favor of vendor will be issued and a copy of the same will be given to the customer Delivery of the financed asset will be made directly to the customer by the NBP selected vender

Saibaan Scheme Open the Door to Your Dream Home

(Home Financing)
National Bank of Pakistan lending for construction of home to general public as well as employees of government and non-government institutions. Main features of this scheme are as under. Finance is available for: Home Purchase Home Construction Home Renovation Purchase of Land + Construction Period of repayment ranges between 30-20 years. Loan available up to a maximum of Rs. 15-20 million. NBP provide markup choices to its consumer i.e. Variable Discount Rate, Fixed Rate. Minimum approval and disbursement timing. Limited to areas where there are no documentations, fee, resale and foreclosure related issues, so to protect the banks interest. Mark Up Rates Variable Rate Option: SBP Discount Rate with (+2%) with12 months re-pricing

Processing Fee
Government Employees: Rs. 500/- irrespective of financing amount. For Others :

Financing below Rs. 1 Million Financing between Rs. 1 to 4 Million Financing above Rs. 4 Million

Rs. 1000 Rs. 3000 Rs. 6000

Eligibility Balance Transfer Facility (BTF) Must be Pakistani Resident (National) Aged between 21 and 65 years at the time of application/disbursement of loan Salaried Person, Self-employed professionals and businessmen Property located in NBP approved localities. Service duration: Two years for salaried class Three years for self-employed/business class.

Advance Salary Scheme Personal Loan Take up to 20 times of Your Take Home Salary NBP Advance Salary , the leading personal loan product of the country, is maintaining its inimitability ever since it was launched. This was only possible due to its swift growth and remarkable loan disbursement of over 138 billion. Employees can avail up to 20 net take home salaries with easy repayment installments. It's hassle free acquisition with no prior formalities and easy availability in a short turn round time are attributed as the most distinguishing features of the product. The product is offered countrywide. It's salient features are; Easy installments of 1 to 60 months at your choice Take upto 20 advance salaries Quick processing and fastest disbursement The product is for permanent employees of Government, Semi Government and Autonomous bodies receiving salaries through NBP accounts

Cash Card Scheme one card does it all ATM + Debit Card NBP Cash Card is a 24-hour direct access ATM/ Debit card to bank account, which lets pay directly from the account as an alternative payment method to cash. The transaction is authorized and processed by entering PIN. The NBP Cash Card holders are able to transact at any of the 4000 + Merchants where Orix logo is displayed and can withdraw cash from NBP, 1-Link & M-NET ATMs across the count. Use it as an ATM in any of the ATMs in Pakistan

Use it as Debit Card in any of the outlets with ORIX POS machine Cash withdrawal up to Rs. 20,000/- per day Account Balance Enquiry Mini Statement (Only at NBP ATM) PIN Change facility (Only at NBP ATM)

Investor Advantage Scheme easier financing ,profitable trading

Financing Facility for Stock / Retail Investors

Comfortable and secure environment for trading NBP financing at very easy terms requiring minimum documentation Minimum turn around time No security requirement from the customer except for the customer's equity Customer's equity freely available for investment. Equity acceptable in cash or approved share.

Eligibility Pakisani National with vaid computerized national ID Card Over 21 years of age An account with NBP designated Branch Equity in the form of cash or NBP approved shares No default with any financial institution Application Procedure Obtain facilty application form the NBP Marginal Desk at designated branches Fill in the application form and submit it to the branch On application approval, deposit equity as cash in the margin financing account at the bank. Alternatively NBP approved shares can also be deposited in the NBP CDC Account (CDC A/c No. 2345) Start trading through comfortable & friendly trading centers establishment for you (In collaboratino with Taurus Security Limited a subsidiary of NBP) Trading limit available for the amount of equity + bank financing.

Cash n Gold Scheme encash and meet your needs Ready Cash Against Gold With NBP's Cash n Gold, provide facility for ready cash against idle gold jewelry with no minimum limit and provide extra benifit. The main features are:

Facility of Rs. 10, 000/-against each 10 gms of net weight of Gold Ornaments No maximum limit of cash Repayment after one year Roll over facility No penalty for each repayment Rate of mark-up 13% p.a. Weight and quality of gold to be determined by NBP's appointed schroffs

Kisan Dost Scheme Agriculture Made Easy

Agriculture Farming Program National Bank of Pakistan is lending in agricultural field. National Bank of Pakistan is lending farmers for development of agriculture sector of the country under certain terms and conditions. NBP provide loan to farmers for production, development purposes, for purchase of tractors, for installation of tube wells, for purchase of agricultural instruments, micro loan, for construction of godwon, for construction of fish pond, for development of livestock and farming, for mil processing, for cold storage, bio-gas plants. interest @ 14.5 percent per annum Quick & easy processing Delivery at the farmers doorstep Technical guidance to farmers Wide range of financing schemes for farmers Finance facility up to Rs. 500,000/- for landless farmers against personal guarantee Financing available against pass book, residential/commercial property, gold ornaments and paper security Loan facility on revolving basis for three years (renewable on yearly basis without documentation and approval)

Kisan Taqat Scheme promise of prosperity

Dairy Farm Scheme National Bank of Pakistan is providing loans for the dairy farms and for the development of the livestock and dairy farms. NBP facilitates with livestock experts Less documentation and easy to repay Available at the next door step Scheme is available in more than 50 branches of NBP

PakRemit Scheme
NBP's Internet Based Home Remittence Service Product Information

Pakremit is an internet based Home Remittance Service. This service is available to U.S. residents for sending money to their family and friends in Pakistan. One must have a valid US Dollar account with a U.S. bank or a US Dollar credit or debit card in order to remit funds through this channel. Remitters in USA can log on to our user friendly website, www.pakremit.com and easily remit funds to Pakistan from the comfort of their homes, in a matter of minutes. The service is fully secure with advance encryption application and is available for use 24 hours a day, 7 days a week. Fees and exchange rate have been set at competitive levels and the remitters have the ability to track delivery of funds as well. Process:

Remitters log on to www.pakremit.com and after completing the registration process, are able to remit funds. The whole process takes a few minutes. Funds in Pak Rupees can be sent to beneficiaries, having an account with any bank in Pakistan, including NBP. While funds are credited directly to beneficiaries maintaining accounts with NBP, a pay order or demand draft is couriered to other banks for their customers. Pay order or demand draft can also be couriered directly to the beneficiarys office or home, if requested by the remitter. Funds in US Dollars can be sent only to a Beneficiary maintaining a US Dollar account with one of NBPs Foreign Exchange Branches. Click here for details of NBP Foreign Exchange Branches.

NBP Protection Shield Scheme Life is Precious

Personal Accident Insurance Insurance Coverage- In case of Accidental Death (Including death due to Riots, Strikes, Civil commotion, Acts of Terrorism and Natural Calamities like Flood, Earth Quake, Cyclones etc) provided that the insured is not directly involved in these activities Coverage of Rs. 200,000/- for Rs. 20/- per month Accident means unintentional, unfortunate or a harmful event by chance or apparent cause. Accidental Death means death due to accidental injuries, but not illness. Insured Person means a National Bank of Pakistan PLS account holder, aged between 18 years and above, and whose premium is deducted & details are reported to the selected insurance company by NBP. Policy means Group Personal Accident Policy dated 26/09/05 executed between NBP and Insurer. Principal Sum means the amount stated in the Policys Schedule of Benefits as respects each Insured Person. Features No documentation No medical required Premium Auto Debit facility & choice of deactivation Coverage includes death due to:

Natural Calamities e.g. Earthquake, Flood, Cyclone etc. Accident Riots Civil Commotion Strikes Acts of Terrorism NBP PLS account holders 18 years and above

Eligibility

NBP Student Loan Scheme

Pursuant to the announcement made by the Federal Finance Minister in his 2001-2002 budget speech, a STUDENTS LOAN SCHEME (SLS) for Education was launched by the Government of Pakistan in collaboration with major commercial banks of Pakistan (NBP, HBL, UBL, MCB and ABL). Under the Scheme, financial assistance is provided by way of Interest Free Loans to the meritorious students who have financial constraints for pursuing their studies in Scientific, Technical and Professional education within Pakistan. The Scheme is being administered by a high powered committee comprising Deputy Governor, State Bank of Pakistan, Presidents of the commercial banks and representative of Ministry of Finance, Government of Pakistan.

Eligibility Under the scheme the students are eligible to apply for loans provided: He/She has obtained admission on merit through normal course/procedure in the approved Universities/Colleges of the public sector mentioned hereunder. He/She falls at the time of admission within the age bracket of:For Graduation For Post-Graduation For Ph.D Not exceeding 21 Years Not exceeding 31 Years Not exceeding 36 Years

He/She has secured 70% marks in the last public examination. He/She is unable to pursue studies due to financial constraints.

Repayment The maximum period of repayment of loan is 10-Years from the date of disbursement of first installment. The borrower shall repay the loan in monthly installment after six months from the date of first employment or one year from the date of completion of studies, which ever is earlier.