Download - Bank Alfalah

The Abu Dhabi Group is represented in Pakistan by the following entities:

- 1 -

Vision:

To be the premier organization operating locally & internationality that provides the complete range of financial services to all segments under one roof.

Mission:

To develop & deliver the most innovative products, manage customer experience, deliver quality services that contributes to brand strength, establishes a competitive advantage and enhances profitability, thus providing value to the stakeholders of the bank.

Slogan:“THE CARING BANK”

(SHAHDIN MANZIL, LAHORE)

- 2 -

Bank Alfalah Limited was incorporated on June 21st, 1997 as a public limited company under the Companies Ordinance 1984. Its banking operations commenced from November 1st ,1997. The bank is engaged in commercial banking and related services as defined in the Banking companies ordinance, 1962. The Bank is currently operating through 195 branches in 74 cities, with the registered office at B.A.Building, I.I.Chundrigar, Karachi.Since its inception, as the new identity of H.C.E.B after the privatization in 1997, the management of the bank has implemented strategies and policies to carve a distinct position for the bank in the market place.

Strengthened with the banking of the Abu Dhabi Group and driven by the strategic goals set out by its board of management, the Bank has invested in revolutionary technology to have an extensive range of products and services. This facilitates our commitment to a culture of innovation and seeks out synergies with clients and service providers to ensure uninterrupted services to its customers. We perceive the requirements of our customers and match them with quality products and service solutions. During the past five years, we have emerged as one of the foremost financial institution in the region endeavoring to meet the needs of tomorrow today.

- 3 -

I. Alfalah car

II. Home loans

III. Credit cards

- 4 -

Quickest processing. No hidden charges. Minimum down payment. Complete repayment at any point of time. Balance transfer facility {BTF} for existing as well as new clients from other

Banks. Tenure period ranging from 1 to 5 years. Financing of all brand new locally assembled vehicles and used cars. Financing limit ranging between Rs. 200,000/- to Rs. 2000,000/- for brand new

cars.

- 6 -

Corporate & Individual Car Leasing

BAL’s recently introduced car leasing facility for individuals and corporate sector has set new dimensions for the product. Now you are provided with the option of either to get the vehicle leased or financed.

Insurance

Renowned and reliable Insurance companies are offering the competitive rates of insurance. Pay year insurance premium in advance { at the time of down payment } and the remaining in the subsequent equal monthly installment.

Repayments

Easily affordable installments on monthly basis in the form of post-dated cheques will set you free of depositing your rental cheques every month.

Security

Hypothecation of vehicle in the name of Bank Alfalah Limited.

Product Price including ST & FEDw.e.f 01/07/07

Price IncludingST, FED & WHTw.e.f 01/09/07

SUZUKI MEHRAN

SUZUKI SB308R VX 317,739 325,600

SUZUKI SB308R VX M 322,783 330,800

SUZUKI SB308R VX CNG 348,000 356,600

SUZUKI SB308R VX M CNG 353,043 361,800

SUZUKI SB308R VXR 363,130 372,100

SUZUKI SB308R VXR M 368,174 377,300

SUZUKI SB308R VXR CNG 393,391 403,100

SUZUKI SB308R VXR M CNG 398,435 408,300

SUZUKI ALTO

SUZUKI ALTO RA410 VX 422,643 433,100

SUZUKI ALTO RA410 VX M 427,687 438,300

- 7 -



SUZUKI ALTO RA410 VX CNG 457,948 469,300

SUZUKI ALTO RA410 VX M CNG 462,991 474,500

SUZUKI ALTO RA410 VXR 468,035 479,600

SUZUKI ALTO RA410 VXR M 473,078 484,800

SUZUKI ALTO RA410 VXR CNG 503,339 515,800

SUZUKI ALTO RA410 VXR M CNG 508,383 521,000

SUZUKI CULTUS

Suzuki Cultus VXR Rs. 585,000/-

Suzuki Cultus VXR (Met. Colors) Rs. 590,000/-

Suzuki Cultus VXR CNG Rs. 627,000/-

Suzuki Cultus VXR CNG (Met. Colors) Rs. 632,000/-

Suzuki Cultus VXL Rs. 647,000/-

Suzuki Cultus VXL (Met. Colors) Rs. 652,000/-

Suzuki Cultus VXL CNG (Met. Colors)Rs. 689,000/-Suzuki Cultus VXL CNG

Rs. 694,000/-

SUZUKI RAVI

SUZUKI PICKUP ST308R 314,713 322,500

SUZUKI PICKUP ST308R CNG 346,991 355,600

SUZUKI BOLAN

SUZUKI VAN ST308 VTR 370,191 379,400

SUZUKI VAN ST308 VTR CNG 407,513 417,600

SUZUKI VAN ST308 VTR GL 430,713 441,400

SUZUKI VAN ST308 VTR GL M 435,757 446,600

SUZUKI VAN ST308 VTR GL CNG 465,009 476,500

SUZUKI VAN ST308 VTR GL CNG M 470,052 481,700

SUZUKI LIANA

SUZUKI LIANA 1.3L RXI MT 800,904 820,800

SUZUKI LIANA 1.3L RXI MT CNG 856,383 877,600

SUZUKI LIANA 1.3L LXI MT 866,470 887,900

SUZUKI LIANA 1.3L LXI SP MT 906,817 929,300

SUZUKI LIANA 1.3L LXI CNG 912,870 935,500

SUZUKI LIANA 1.6L Eminent AT 937,078 960,300

APV CBU

APV 1.5LGLXMT 1,007,687 1,032,700

APV 1.5LGLX CNG 1,058,122 1,084,300

APV 1.5LGLXAT 1,088,383 1,115,400

- 8 -



JIMNY CBU

JIMNY MT 1,049,043 1,075,000

JIMNY AT 1,129,739 1,157,700

JIMNY JLSX MT 827,130 847,600

JIMNY JLDX MT 897,739 920,000

TOYOTA

Toyota Corolla XLi 890,000 915,000

Toyota Corolla GLi 980,000 1,005,000

Toyota Corolla 2.0D 1,050,000 1,080,000

Toyota Corolla 2.0DSE 1,130,000 1,160,000

Toyota Corolla 2.0D Saloon 1,295,000 1,328,000

Toyota Corolla Altis MT 1,245,000 1,280,000

Toyota Corolla Altis AT 1,335,000 1,370,000

DAIHATSU

Daihatsu Coure CL N/A 390,000

Daihatsu Coure CL CNG N/A 431,000

Daihatsu Coure CX N/A 451,000

Daihatsu Coure CX (Met. Colors) N/A 456,000

Daihatsu Coure CX AT N/A 482,000

Daihatsu Coure CX AT (Met Colors) N/A 487,000

Daihatsu Coure CX CNG N/A 492,000

Daihatsu Coure CX CNG (Met Colors) N/A 497,000

HONDA CITY

Honda City I-DSI MT 1.3L 852,000

Honda City I-DSI MT UG 1.3L 899,000

Honda City I-DSI CVT 1.3L 907,000

Honda City I-DSI CVT UG 1.3L 949,000

Honda City VTEC Steermatic 1.5L 1,036,000

HONDA CIVIC

Honda Civic VTI MT 1.8L 1,348,000

Honda Civic VTI MT SR 1.8L 1,480,000

Honda Civic VTI PT 1.8L 1,388,000

Honda Civic VTI PT SR 1.8L 1,520,000

HONDA ACCORD

- 9 -



Honda Accord 2.4L 2,810,000

Two passport size photographs. Copy of National ID card. Bank statement for the last six months. Salary certificate {for salaried individual}. Business proof {for a business person}. N.T.N Certificate. Co-borrower’s NIC copy {if the car is to be in the name of the co-borrower}.

Monthly Installment Plan For Honda Civic VTI pt SR 1.8L

Value of asset (Rs.) 1,520,000Customer’s participation 30,4000Bank Alfalah’s participation (Rs.) 1216000Tenor 60 months (5 years)Installment 36,161.

Installment date Balance Installment Markup Principal

5-Jan-07 1,520,000.00 36,160.69 19000 17,160.69 5-Feb-07 1,502,839.31 36,160.69 18,785.49 17,375.20 5-Mar-07 1,485,464.10 36,160.69 18,568.30 17,592.39 5-Apr-07 1,467,871.71 36,160.69 18,348.40 17,812.30

5-May-07 1,450,059.41 36,160.69 18,125.74 18,034.95 5-Jun-07 1,432,024.46 36,160.69 17,900.31 18,260.39 5-Jul-07 1,413,764.08 36,160.69 17,672.05 18,488.64

- 10 -

5-Aug-07 1,395,275.43 36,160.69 17,440.94 18,719.75 5-Sep-07 1,376,555.68 36,160.69 17,206.95 18,953.75 5-Oct-07 1,357,601.93 36,160.69 16,970.02 19,190.67 5-Nov-07 1,338,411.26 36,160.69 16,730.14 19,430.55 5-Dec-07 1,318,980.71 36,160.69 16,487.26 19,673.43 5-Jan-08 1,299,307.28 36,160.69 16,241.34 19,919.35 5-Feb-08 1,279,387.92 36,160.69 15,992.35 20,168.34 5-Mar-08 1,259,219.58 36,160.69 15,740.24 20,420.45 5-Apr-08 1,238,799.13 36,160.69 15,484.99 20,675.70

5-May-08 1,218,123.43 36,160.69 15,226.54 20,934.15 5-Jun-08 1,197,189.27 36,160.69 14,964.87 21,195.83 5-Jul-08 1,175,993.45 36,160.69 14,699.92 21,460.78

5-Aug-08 1,154,532.67 36,160.69 14,431.66 21,729.04 5-Sep-08 1,132,803.64 36,160.69 14,160.05 22,000.65 5-Oct-08 1,110,802.99 36,160.69 13,885.04 22,275.66 5-Nov-08 1,088,527.33 36,160.69 13,606.59 22,554.10 5-Dec-08 1,065,973.23 36,160.69 13,324.67 22,836.03 5-Jan-09 1,043,137.20 36,160.69 13,039.22 23,121.48 5-Feb-09 1,020,015.72 36,160.69 12,750.20 23,410.50 5-Mar-09 996,605.22 36,160.69 12,457.57 23,703.13 5-Apr-09 972,902.10 36,160.69 12,161.28 23,999.42

5-May-09 948,902.68 36,160.69 11,861.28 24,299.41 5-Jun-09 924,603.27 36,160.69 11,557.54 24,603.15 5-Jul-09 900,000.12 36,160.69 11,250.00 24,910.69

5-Aug-09 875,089.42 36,160.69 10,938.62 25,222.08 5-Sep-09 849,867.35 36,160.69 10,623.34 25,537.35 5-Oct-09 824,330.00 36,160.69 10,304.12 25,856.57 5-Nov-09 798,473.43 36,160.69 9,980.92 26,179.78 5-Dec-09 772,293.65 36,160.69 9,653.67 26,507.02 5-Jan-10 745,786.63 36,160.69 9,322.33 26,838.36 5-Feb-10 718,948.27 36,160.69 8,986.85 27,173.84 5-Mar-10 691,774.43 36,160.69 8,647.18 27,513.51 5-Apr-10 664,260.91 36,160.69 8,303.26 27,857.43

5-May-10 636,403.48 36,160.69 7,955.04 28,205.65 5-Jun-10 608,197.83 36,160.69 7,602.47 28,558.22 5-Jul-10 579,639.61 36,160.69 7,245.50 28,915.20

5-Aug-10 550,724.41 36,160.69 6,884.06 29,276.64 5-Sep-10 521,447.77 36,160.69 6,518.10 29,642.60 5-Oct-10 491,805.18 36,160.69 6,147.56 30,013.13 5-Nov-10 461,792.05 36,160.69 5,772.40 30,388.29 5-Dec-10 431,403.75 36,160.69 5,392.55 30,768.15 5-Jan-11 400,635.61 36,160.69 5,007.95 31,152.75 5-Feb-11 369,482.86 36,160.69 4,618.54 31,542.16 5-Mar-11 337,940.70 36,160.69 4,224.26 31,936.43 5-Apr-11 306,004.27 36,160.69 3,825.05 32,335.64

5-May-11 273,668.62 36,160.69 3,420.86 32,739.84 5-Jun-11 240,928.79 36,160.69 3,011.61 33,149.08 5-Jul-11 207,779.70 36,160.69 2,597.25 33,563.45

5-Aug-11 174,216.26 36,160.69 2,177.70 33,982.99 5-Sep-11 140,233.27 36,160.69 1,752.92 34,407.78

- 11 -

5-Oct-11 105,825.49 36,160.69 1,322.82 34,837.88 5-Nov-11 70,987.61 36,160.69 887.35 35,273.35

Monthly Installment Plan Toyota Corolla Altis AT IBW

Value of asset (Rs.) 1,335,000Customer’s participation 267,000Bank Alfalah’s participation (Rs.) 1,068,000Tenor 60 months (5 years)Installment 31,759.56

Installment date Balance Installment Markup Principal 5-Jan-07 1,335,000.00 $31,759.56 16,687.50 15,072.06 5-Feb-07 1,319,927.94 31,759.56 16,499.10 15,260.46 5-Mar-07 1,304,667.49 31,759.56 16,308.34 15,451.21 5-Apr-07 1,289,216.27 31,759.56 16,115.20 15,644.35 5-May-07 1,273,571.92 31,759.56 15,919.65 15,839.91 5-Jun-07 1,257,732.01 31,759.56 15,721.65 16,037.91 5-Jul-07 1,241,694.11 31,759.56 15,521.18 16,238.38 5-Aug-07 1,225,455.73 31,759.56 15,318.20 16,441.36 5-Sep-07 1,209,014.36 31,759.56 15,112.68 16,646.88 5-Oct-07 1,192,367.49 31,759.56 14,904.59 16,854.96 5-Nov-07 1,175,512.52 31,759.56 14,693.91 17,065.65 5-Dec-07 1,158,446.87 31,759.56 14,480.59 17,278.97 5-Jan-08 1,141,167.90 31,759.56 14,264.60 17,494.96 5-Feb-08 1,123,672.95 31,759.56 14,045.91 17,713.64 5-Mar-08 1,105,959.30 31,759.56 13,824.49 17,935.07 5-Apr-08 1,088,024.24 31,759.56 13,600.30 18,159.25 5-May-08 1,069,864.98 31,759.56 13,373.31 18,386.24 5-Jun-08 1,051,478.74 31,759.56 13,143.48 18,616.07 5-Jul-08 1,032,862.67 31,759.56 12,910.78 18,848.77 5-Aug-08 1,014,013.89 31,759.56 12,675.17 19,084.38 5-Sep-08 994,929.51 31,759.56 12,436.62 19,322.94 5-Oct-08 975,606.57 31,759.56 12,195.08 19,564.47 5-Nov-08 956,042.10 31,759.56 11,950.53 19,809.03 5-Dec-08 936,233.07 31,759.56 11,702.91 20,056.64 5-Jan-09 916,176.42 31,759.56 11,452.21 20,307.35 5-Feb-09 895,869.07 31,759.56 11,198.36 20,561.19 5-Mar-09 875,307.88 31,759.56 10,941.35 20,818.21 5-Apr-09 854,489.67 31,759.56 10,681.12 21,078.44 5-May-09 833,411.23 31,759.56 10,417.64 21,341.92 5-Jun-09 812,069.32 31,759.56 10,150.87 21,608.69 5-Jul-09 790,460.63 31,759.56 9,880.76 21,878.80 5-Aug-09 768,581.83 31,759.56 9,607.27 22,152.28 5-Sep-09 746,429.55 31,759.56 9,330.37 22,429.19

- 12 -

5-Oct-09 724,000.36 31,759.56 9,050.00 22,709.55 5-Nov-09 701,290.81 31,759.56 8,766.14 22,993.42 5-Dec-09 678,297.38 31,759.56 8,478.72 23,280.84 5-Jan-10 655,016.54 31,759.56 8,187.71 23,571.85 5-Feb-10 631,444.69 31,759.56 7,893.06 23,866.50 5-Mar-10 607,578.20 31,759.56 7,594.73 24,164.83 5-Apr-10 583,413.37 31,759.56 7,292.67 24,466.89 5-May-10 558,946.48 31,759.56 6,986.83 24,772.73 5-Jun-10 534,173.75 31,759.56 6,677.17 25,082.38 5-Jul-10 509,091.37 31,759.56 6,363.64 25,395.91 5-Aug-10 483,695.45 31,759.56 6,046.19 25,713.36 5-Sep-10 457,982.09 31,759.56 5,724.78 26,034.78 5-Oct-10 431,947.31 31,759.56 5,399.34 26,360.22 5-Nov-10 405,587.09 31,759.56 5,069.84 26,689.72 5-Dec-10 378,897.38 31,759.56 4,736.22 27,023.34 5-Jan-11 351,874.04 31,759.56 4,398.43 27,361.13 5-Feb-11 324,512.90 31,759.56 4,056.41 27,703.15 5-Mar-11 296,809.76 31,759.56 3,710.12 28,049.43 5-Apr-11 268,760.32 31,759.56 3,359.50 28,400.05 5-May-11 240,360.27 31,759.56 3,004.50 28,755.05 5-Jun-11 211,605.22 31,759.56 2,645.07 29,114.49 5-Jul-11 182,490.73 31,759.56 2,281.13 29,478.42 5-Aug-11 153,012.31 31,759.56 1,912.65 29,846.90 5-Sep-11 123,165.40 31,759.56 1,539.57 30,219.99 5-Oct-11 92,945.41 31,759.56 1,161.82 30,597.74 5-Nov-11 62,347.67 31,759.56 779.35 30,980.21

Financing Product 1Yr 2Yr 3Yr 4Yr 5Yr

Car Loan for Brand New Vehicles 14.00% 14.50% 15.00% 15.50% 15.50%

Car Loan for Brand New Imported Vehicles 16.00% 16.00% 16.00% 16.00% 16.00%

Car Loan for New Commercial Vehicles 15.50% 15.50% 15.50% 15.50% 15.50%

Car Loan for Used Vehicles (Local Assembled Only) 17.00% 17.00% 17.00% 17.00% 17.00%

Car Loan for Internal / External BTF (Local Assembled) 16.00% 16.00% 16.00% 16.00% 16.00%

Car Loan for Internal BTF (Imported) 17.00% 17.00% 17.00% 17.00% 17.00%

- 13 -

- 14 -

With this facility, you no longer need to just dream about the home you want for yourself and your family .We will provide you upto 80% of the purchase price of the property, so that you can realise your dream and enter the reality of owning a home!.

Payment period ranges from 3 to 20 years

You own a plot but need financing to construct a home, that excites everyone in your family! No problem. We will provide up-to 100% of the construction cost enabling you to say good-bye to rent forever! Even if you don't have a plot, we will provide up to 60% of the value of the plot that you have selected to purchase!

Payment period ranges from 3 to 20 years.

- 15 -

You already own a home, but need extra space for a growing family or want to see some rooms get a new look. 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!

You can stretch your payments for up to 10 years.

The crown jewel of our Home Finance scheme, the golden opportunity for someone starting a career to buy an already constructed housing unit early in life! We offer a moratorium of up to 3 years in principal payments, for a financing of up to 20 years. You service only the mark-up element initially, and principal repayment starts after the end of moratorium period. Home Start is specially designed for young professionals to own a quality asset.

Does your existing installment on a home finance leave you with nothing to spend? You need not worry any more because we have genuinely attractive rates and flexible payment options that could leave more funds with you each month. With our Home BTF, repaying your home finance will not make you break into a sweat! Transfer up to 100 % of the existing finance.

- 16 -

Processing Fee (Non Refundable):

For financing upto Rs. 1.00M 5000

For financing upto Rs. 2.50M 10,000



Mark-up Rates:

1 Year KIBOR + 2% for Salaried person1 Year KIBOR + 3% for Business People / Self-employed and Overseas Pakistani (both salaried and self-employed)

Fixed Rate Options:

1 Year

o Salaried 11.50% per Annum

o Self-employed Professionals & Businessmen and Overseas Pakistani (both salaried and self-employed) 13.50% Per Annum

These are indicative rates reviewed monthly

Late Payment Charges:

Rs. 500/- per late payment

Prepayment Charges:

- 17 -

Nill if repaid through own sources. Otherwise 5% penalty of the outstanding amount.

No charges are applied on balloon/bullet payments for reducing your loan amount

Documentation Charges:

At actual, including stamp duty charges for legal documentation, on-site inspection during construction, lawyer’s fee and charge registration fee, as advised by the relevant persons/ agencies.

Monthly Installment Schedule For Home Loans:

THESE CALCULATIONS ARE MADE AT ,

TOTAL VALUE OF ASSET= 600,000BANK’S PARTICIPATION= 500,000DOWN PAYMENT= 100,000INTEREST RATE= 14%TENURE= 7 YEARS (84 MONTHS)

TENURE BALANCE INSTALLMENT INTEREST PRINCIPAL DEDUCTION

1 500,000 9,370 5,833 3,537

2 496,463 9,370 5,792 3,578

3 492,885 9,370 5,750 3,620

4 489,266 9,370 5,708 3,662

5 485,604 9,370 5,665 3,705

6 481,899 9,370 5,622 3,748

7 478,151 9,370 5,578 3,792

8 474,360 9,370 5,534 3,836

9 470,524 9,370 5,489 3,881

10 466,643 9,370 5,444 3,926

11 462,718 9,370 5,398 3,972

12 458,746 9,370 5,352 4,018

13 454,728 9,370 5,305 4,065

14 450,663 9,370 5,258 4,112

15 446,551 9,370 5,210 4,160

16 442,391 9,370 5,161 4,209

17 438,182 9,370 5,112 4,258

18 433,924 9,370 5,062 4,308

19 429,616 9,370 5,012 4,358

20 425,259 9,370 4,961 4,409

21 420,850 9,370 4,910 4,460

22 416,390 9,370 4,858 4,512

23 411,878 9,370 4,805 4,565

24 407,313 9,370 4,752 4,618

25 402,695 9,370 4,698 4,672

26 398,023 9,370 4,644 4,726

- 18 -

27 393,297 9,370 4,588 4,782

28 388,515 9,370 4,533 4,837

29 383,678 9,370 4,476 4,894

30 378,784 9,370 4,419 4,951

31 373,833 9,370 4,361 5,009

32 368,824 9,370 4,303 5,067

33 363,757 9,370 4,244 5,126

34 358,631 9,370 4,184 5,186

35 353,445 9,370 4,124 5,246

36 348,199 9,370 4,062 5,308

37 342,891 9,370 4,000 5,370

38 337,521 9,370 3,938 5,432

39 332,089 9,370 3,874 5,496

40 326,594 9,370 3,810 5,560

41 321,034 9,370 3,745 5,625

42 315,409 9,370 3,680 5,690

43 309,719 9,370 3,613 5,757

44 303,962 9,370 3,546 5,824

45 298,139 9,370 3,478 5,892

46 292,247 9,370 3,410 5,960

47 286,286 9,370 3,340 6,030

48 280,256 9,370 3,270 6,100

49 274,156 9,370 3,198 6,172

50 267,985 9,370 3,126 6,244

51 261,741 9,370 3,054 6,316

52 255,425 9,370 2,980 6,390

53 249,035 9,370 2,905 6,465

54 242,570 9,370 2,830 6,540

55 236,030 9,370 2,754 6,616

56 229,414 9,370 2,676 6,694

57 222,720 9,370 2,598 6,772

58 215,949 9,370 2,519 6,851

59 209,098 9,370 2,439 6,931

60 202,167 9,370 2,359 7,011

61 195,156 9,370 2,277 7,093

62 188,063 9,370 2,194 7,176

63 180,887 9,370 2,110 7,260

64 173,627 9,370 2,026 7,344

65 166,283 9,370 1,940 7,430

66 158,853 9,370 1,853 7,517

67 151,336 9,370 1,766 7,604

68 143,732 9,370 1,677 7,693

69 136,039 9,370 1,587 7,783

70 128,256 9,370 1,496 7,874

71 120,382 9,370 1,404 7,966

72 112,416 9,370 1,312 8,058

73 104,358 9,370 1,218 8,152

74 96,206 9,370 1,122 8,248

75 87,958 9,370 1,026 8,344

76 79,614 9,370 929 8,441

- 19 -

77 71,173 9,370 830 8,540

78 62,633 9,370 731 8,639

79 53,994 9,370 630 8,740

80 45,254 9,370 528 8,842

81 36,412 9,370 425 8,945

82 27,467 9,370 320 9,050

83 18,417 9,370 215 9,155

84 9,262 9,370 108 9,262

THE FOLLOWING CALCULATIONS ARE MADE AT,TOTAL VALUE OF ASSET= 1,200,000BANK’S PARTICIPATION= 1,000,000DOWN PAYMENT= 200,000 (20 %)INTEREST RATE= 14%TENURE= 5 YEARS (60 MONTHS)


1 1,000,000 23,268 11,667 11,602

2 988,398 23,268 11,531 11,737

3 976,661 23,268 11,394 11,874

4 964,788 23,268 11,256 12,012

5 952,775 23,268 11,116 12,153

6 940,623 23,268 10,974 12,294

7 928,328 23,268 10,830 12,438

8 915,891 23,268 10,685 12,583

9 903,308 23,268 10,539 12,730

10 890,578 23,268 10,390 12,878

11 877,700 23,268 10,240 13,028

12 864,671 23,268 10,088 13,180

13 851,491 23,268 9,934 13,334

14 838,157 23,268 9,778 13,490

15 824,667 23,268 9,621 13,647

16 811,020 23,268 9,462 13,806

17 797,214 23,268 9,301 13,967

18 783,246 23,268 9,138 14,130

19 769,116 23,268 8,973 14,295

20 754,821 23,268 8,806 14,462

21 740,359 23,268 8,638 14,631

22 725,728 23,268 8,467 14,801

23 710,926 23,268 8,294 14,974

24 695,952 23,268 8,119 15,149

25 680,804 23,268 7,943 15,326

26 665,478 23,268 7,764 15,504

27 649,974 23,268 7,583 15,685

28 634,288 23,268 7,400 15,868

29 618,420 23,268 7,215 16,053

30 602,367 23,268 7,028 16,241

31 586,126 23,268 6,838 16,430

32 569,696 23,268 6,646 16,622

33 553,074 23,268 6,453 16,816

- 20 -

34 536,259 23,268 6,256 17,012

35 519,247 23,268 6,058 17,210

36 502,036 23,268 5,857 17,411

37 484,625 23,268 5,654 17,614

38 467,011 23,268 5,448 17,820

39 449,191 23,268 5,241 18,028

40 431,163 23,268 5,030 18,238

41 412,925 23,268 4,817 18,451

42 394,475 23,268 4,602 18,666

43 375,809 23,268 4,384 18,884

44 356,925 23,268 4,164 19,104

45 337,821 23,268 3,941 19,327

46 318,494 23,268 3,716 19,552

47 298,941 23,268 3,488 19,781

48 279,160 23,268 3,257 20,011

49 259,149 23,268 3,023 20,245

50 238,904 23,268 2,787 20,481

51 218,423 23,268 2,548 20,720

52 197,703 23,268 2,307 20,962

53 176,742 23,268 2,062 21,206

54 155,535 23,268 1,815 21,454

55 134,082 23,268 1,564 21,704 56 112,378 23,268 1,311 21,957

57 90,420 23,268 1,055 22,213

58 68,207 23,268 796 22,473

59 45,735 23,268 534 22,735

60 23,000 23,268 268 23,000

No penalty on early settlement of loan with no time limit for early settlement (if done through private sources) (* does not apply to financing availed for purchase of land coupled with financing for construction thereon)

Convenience of Balloon payments towards adjustment of principal every month without any extra charge or penalty (Min Rs. 50,000)

- 21 -

Your Bank Alfalah Credit Card is your partner everywhere and is globally accepted and welcomed at locations displaying the VISA logo. It is accepted at nearly 30 million locations in more than 150 countries around the globe and over 18,000 Bank Alfalah’s establishments in Pakistan. Alfalah VISA lets you pay for shopping, travel, entertainment, meals and much more. Card members are facilitated through a number of promotions from time to time. In addition, there are a number of strategic business partnerships with leading local and international brands for purchase of home appliances at exciting Step-BY-Step (SBS) monthly installment plan with free home delivery at lowest interest rates. Salient features are:

No Joining / Annual / Renewal fee Electricity, Sui Gas, PTCL and Warid bills payment through 24 hour. Call Center and Auto Debit instructions SMS for card usage, mini statement, payment receipt confirmation, etc. Cash withdrawal at all 1LINK ATMs. Special offer on Warid post paid connections

Products

- 22 -

Platinum Card

It is accepted at nearly 30 million locations in more than 150 countries around the globe and at over 17,000 establishments in Pakistan.

Gold & Silver

A perfect card combination for all segments of salaried & professional individuals.

Young Professional

This Card is for you, if you are: • a Graduate...• have just started your Career...

Women Exclusive

Now for the first time in Pakistan, Bank Alfalah has introduced a credit card exclusively for women. This card has its unique features...

Student Card

For the first time in Pakistan, Bank Alfalah introduces a credit card for Students. .

Supplementary Card

Now you can give Free Supplementary Cards to anyone you care for...

Visa Mini

- 23 -

http://www.bankalfalah.com/creditcards/platinum.asp

http://www.bankalfalah.com/creditcards/gold.asp

http://www.bankalfalah.com/creditcards/young_professional.asp

http://www.bankalfalah.com/creditcards/women_exclusive.asp

http://www.bankalfalah.com/creditcards/student_card.asp

http://www.bankalfalah.com/creditcards/supp_card.asp

Visa Mini is a practical and convenient part of your everyday life - whether you go for shopping, dine out, buy grocery, want to go for holidays...

Awami Card

Alfalah Awami Card is your partner everywhere and is globally accepted and welcomed at locations displaying the VISA logo. It is accepted...

Your partner wherever you go!

Your partner everywhere and is globally accepted and welcomed at locations displaying the VISA logo. It is accepted at nearly 30 million locations in more than 150 countries around the globe and at over 17,000 establishments in Pakistan.

You also have the option of withdrawing cash by requesting an Over-the-Counter Cash Advance at 3,60,000 financial institutions worldwide or at any Bank Alfalah Branch/ATM or participating VISA member banks in Pakistan.

Balance Transfer Facility (BTF)

ONLY @ 1.5% PER MONTH OR 0.99% PER MONTH*

Offering an easy and convenient way to settle payments on all your existing credit cards in Pakistan @ 1.5% per month.

*This rate can be reduced to an incomparable rate of 0.99% per month if the Balance transfer transaction amount is converted to Step-By-Step (SBS) Monthly Installment Plan within TEN days of the transaction.

Just fill in the Balance Transfer application form available at all Bank Alfalah branches or call 0800-22225 for more information.

- 24 -

http://www.bankalfalah.com/creditcards/visa_mini.asp

http://www.bankalfalah.com/creditcards/awamicard.asp

Example:

On a transaction amount of Rs. 6,000/- the installment for 36 months is Rs. 271.68 per month (i.e. 6000 x 0.04528).

Payments Plan Normal SBS BTF conversion to SBS

Factor*

@1.75%

Monthly Installment Rs.

Factor*

@0.99%

Monthly Installment Rs.

03 Months 0.35083 2,104.98 N/A N/A

06 Months 0.18417 1,105.02 0.1766 1,059.60

09 Months 0.12861 771.66 0.1210 726.00

12 Months 0.10083 604.98 0.0932 559.20

18 Months 0.07306 438.36 0.0655 393.00

24 Months 0.05917 355.02 0.0516 309.60

30 Months 0.05083 304.98 0.0432 259.20

36 Months 0.04528 271.68 0.0377 226.20

Repayment Schedule for All Alflah Credit Cards:

TENURE BALANCE INSTALLMENT INTERESTPRINCIPAL DEDUCTION

1 6000 2,005.84 8.75 1,997

2 4,003 2,005.84 5.8375827 2,000

3 2,003 2,005.84 2.9209181 2,003


1 10,000 1,675.18 14.58 1,660.60

2 8,339 1,675.18 12.16 1,663.02

3 6,676 1,675.18 9.74

- 25 -

1,665.45

4 5,011 1,675.18 7.31 1,667.88

5 3,343 1,675.18 4.88 1,670.31

6 1,673 1,675.18 2.44 1,672.74

Your Fortunes

For every Rs. 50 you spend on your Alfalah VISA Card, you will earn 1 Fortune point. Your accumulated Fortune points can be exchanged for a whole range of items displayed in our Fortunes Catalogue. It offers a wide range of lifestyle categories catering to your own and your family’s taste.

Schedule of Charges

The following Schedule of Charges is associated with your Alfalah VISA Platinum Card. Please make a note of the following so that you are fully informed of the charges on your Card.

Schedule of Charges

Service Fee

Late Fee

3.00% per month (APR 36%).3.00% per month (APR 36%).1.75% per month on SBS transactions.1.50% per month on BTF transactions.

Rs. 600/- or 10% of minimum amount, whichever is higher.

- 26 -

Cash Payment Processing fee

Merchant Discount ChargesRs. 100/- per transaction.

Upto 5% of transaction amount.

A perfect card combination for all segments of salaried & professional individuals.

This Card is for you, if you are:

have just started your Career...

not qualified for any other credit card’s income criteria...

As a Classic Blue Cardholder you have a privilege of having access to all features of Alfalah VISA Credit Cards including two free supplementary cards.

- 27 -

A Credit Card Exclusively for Women..

Now for the first time in Pakistan, Bank Alfalah has introduced a credit card exclusively for women. This card has its unique features which have been tailor-made for women in Pakistan.

Liability

The liability of this card depends on what basis this card has been applied for:

If the female is applying on her own income basis, she herself will be liable to pay for the amount spent through the card(s).

If the female is a house wife and does not have any direct income source, she can apply for the card through the person responsible for the household (i.e. husband or father) who will sign an undertaking to be responsible for the amount spent through all the card(s) issued under this scheme.

For the first time in Pakistan, Bank Alfalah introduces a credit card for Students. This card is for you if you are enrolled in a professional university (as per Bank Alfalah’s approved list) with 15 years of schooling experience.

Now you can pay your fee, buy books or just with Alfalah VISA... :-) Not only this but you will also earn reward points and can redeem them for a TV, Mobile Phone, CD player & DVDs etc.

Requirements

- 28 -

1. The applicant must be a graduate with 14 years of schooling and must be currently enrolled in a professional college/University.

o Karachi

Institute of Business Administration (IBA) Shaheed Zulfiqar Ali Butto Institute of Science and Technology

(SZABIST) Indus Valley DOW Medical College College of Business Management (CBM) Agha Khan University (AKU)

o Lahore

Fatima Jinnah Medical College Lahore University of Management and Science (LUMS) FAST University King Edward Medical College Punjab University- IBA National College of Arts (NCA) Lahore Medical College

o Islamabad

Quaid-i-Azam University Bahria University Islamic International University (IIU) National University of Science & Technology (NUST) Air University

Supplementary CardsAll Bank Alfalah Basic Card members can apply for supplementary cards in separate categories including Son’s Card, Daughter’s card (children who are above 13 years of

- 29 -

age) and House Staff’s card. This feature has been introduced for the first time in Pakistan, yet another beginning made by Bank Alfalah Credit Cards. In addition, supplementary cards can be issued to anyone you like thus giving you complete freedom of choice (Only 1 supplementary card will be issued to Awami Card holder) .

Separate Card Design for Each Category Each supplementary card category contains its own specific design of card. These card designs which have been specifically designed keeping in view the trends and tastes of the modern day young generation who has the desire to look exclusive in itself. You can get supplementary cards in unique designs for your son, daughter and house staff, but any other person can also enjoy this privilege using your own card design.

Separate Spending Limit for Each CategoryNot only are the card designs unique, the basic Card member can also assign a separate percentage or amount of the total credit limit of the credit card account to each of the supplementary cards. So, whether it is your son who needs his monthly pocket money, or your daughter needs to make school fees payments, or your chef, chauffeur or maid is usually the one who buys all the groceries it is you who will decide how much credit each of them gets for it.

Unique Supplementary cards There are three design categories of Supplementary cards, namely, the Son's card, the Daughter's card and the House Staff card. This enables you to get away from the day-to-day hassle of buying groceries, petrol, children's books, etc, as each member can then do his or her own purchases.

- 30 -

Forget your wallet and with Alfalah VISA Mini!

Visa Mini is a practical and convenient part of your everyday life - whether you go for shopping, dine out, buy grocery, want to go for holidays or feel like buying something of interest while you are out just for a jog!

You can take it with you anywhere you like with no hassle as it has a perforated hole in the bottom left corner making it attachable to your key chain, mobile phone or other day-to-day carry along device.

43% smaller than the regular sized credit card with the same features and benefits.

Accepted at over 30 million merchants worldwide and around 17,000 establishments in Pakistan (used on electronic POS terminals only).

Has the same security features as the regular sized Alfalah VISA credit card.

Your Alfalah Awami Card is your partner everywhere and is globally accepted and welcomed at locations displaying the VISA logo. It is accepted at nearly 30 million locations in more than 150 countries around the globe and at over 18,000 Bank Alfalah’s establishments in Pakistan.Alfalah Awami Card lets you pay for shopping, entertainment, meals, travel and much more.

- 31 -

No Joining Fee No Annual/Renewal Fee Balance Transfer Facility Global Acceptability Cash Advance Facility Revolving Credit Free Supplementary Cards 24-Hours Phone Banking Service Zero Loss Liability All Billing in Pak Rupees Comprehensive Travel Protection Fortunes Rewards Acceptance at 1Link ATMs Instant SBS Monthly Installment Plan Utility bill Payments Credit Card bill Payment through HilalCard Special Offer on Warid post paid connection Step By Step Plan

No Joining Fee

Join Alfalah VISA without paying any joining fee. Start enjoying your free card from the moment you get hold of it.

No Annual / Renewal Fee

Alfalah VISA is the only credit card in Pakistan with no annual or renewal fee, so benefit from your card without worrying about any renewal fee.

Balance Transfer Facility

Bank Alfalah offers balance transfer facility to all its Cardmembers - the easy and convenient way to settle unsettled credit card payments on all existing credit cards in Pakistan. As an Alfalah VISA Cardmember you can avail balance transfer facility at a low rate of only 1.50% per month (for initial six months), which is the lowest in Pakistan. The balance transfer facility can only be availed if the total outstanding balance does not exceed beyond the credit limit assigned by Bank Alfalah for Alfalah VISA card.

- 32 -

So what are you waiting for…!Get your Alfalah Visa Credit Card

Comparison (Home Loan)

Bank Alfalah Citi Bank1-Conventional home loan.

2-Currently Alfalah Bank offering loan@ 11.50% & 13.50 %( per annum) for Salaried & Business persons respectively.

1-Also giving conventional loan.

2-Currently Citi Bank offering loan@ 15% for salaried & business persons.

- 33 -

3-Alfalah Bank Allows balloon payments without any charges. Nill if repaid through own sources. Otherwise 5% penalty of the outstanding amount.

4-Procesing fee (Non-Refundable)

For financing up to Rs.

1.00M 5000


2.50M 10,000


5.00M 12,500


5.00M 15,000

5-Alfalah’s physical charges not applicable.

6-Alfalah Bank Charges 1st installment in advance at the time of disbursement with the 1 Year KIBOR rate.

3-Citi Bank allows balloon payments with heavy penalty@ 5% of additional payment made; they also discharge balloon payments at start of facility.

4-Citi Bank conventional banks charge processing charges that lies between Rs 400/ to Rs 500/ and these are received by the bank along with does for processing regardless approval of the case.

5-Citi bank charge Rs 1000/ for the same purpose.

6-Citi Bank charge first installment in advance.

7-Alfalah does not charge Life Insurance & Property Insurance. It will be added separately.8-Alfalah bank receives security deposit along with documents.

7-Citi Bank charges insurance amount annually at the start of 1st year and 2nd year in advance in 1st year installment.8-Citi bank charges security deposit for processing resultantly if case declined bank cutted processing fee.

BANK ALFALAH 1-Conventional home loan.



MUSLIM COMMERCIAL BANK1-Also giving conventional loan.

2-Currently MCB Bank offering loan@ 13.50% & 14% for salaried & business persons.

3-MCB Bank allows balloon payments with heavy penalty@ 5% of additional payment made; they also discharge balloon payments at start of facility.

- 34 -



1.00M 5000


2.50M 10,000


5.00M 12,500


5.00M 15,000



4-MCB Bank conventional banks charge processing charges that lies between Rs 400/ to Rs 500/ and these are received by the bank along with does for processing regardless approval of the case.

5-MCB bank charge some payment for the same purpose.

6-MCB Bank charge first installment in advance.

7-Alfalah does not charge Life Insurance & Property Insurance. It will be added separately.

8-Alfalah bank receives security deposit along with documents.

7-MCB Bank charges insurance amount annually at the start of 1st year and 2nd year in advance in 1st year installment.

8-MCB bank charges security deposit for processing resultantly if case declined bank cutted processing fee.

Alfalah Bank UBL1-Conventional home loan.



4-Procesing fee (Non-Refundable) banks charge processing charges that lies between 5000/15,000

1-Also conventional loan.

2-Currently UBL offering loan@ 14.99% for salaried & business persons.

3-UBL allows balloon payments with heavy penalty@ 5% of additional payment made, they also discharge balloon payments at start of facility.

4-UBL conventional banks charge processing charges that lies between Rs 400/ to Rs 500/ and these are received by the bank along with does for processing regardless approval of the case.

- 35 -





5-UBL bank charge Rs 1000/ for the same purpose.

6-UBL charge first installment in advance.

7-UBL charges insurance amount annually at the start of 1st year and 2nd year in advance in 1st

year installment.

8-UBL bank charges security deposit for processing resultantly if case declined bank cutted processing fee.

Alfalah Bank Meezan Bank1-Conventional home loan.


3-Alfalah, Home loan installment remains the same throughout the period.

4-In Alfalah home loan interest amount starts diminish & principal tends to increase but combination of above makes installment same.




1.00M 5000


2.50M 10,000

1-Islamic home loan.

2-Currently Meezan Bank offering loan@ 13.50% & 14.50% for salaried & business persons.

3-Meezan Bank home loan is based on Islamic terms diminishing Musharka and installment tends to decrease every month.

4-In diminishing musharka rent amount decreases with the unit price/ Principal remains the same.

5-Meezan Bank allows balloon payments at any time and does not charge profit on additional units purchase if value of property does not increases.

6-Meezan Bank charges processing fee Rs 2500/ which they receive along with security deposit after getting approval.

- 36 -


5.00M 12,500


5.00M 15,000




7-Meezan Bank does not charges 1st installment at the time of disbursement while Meezan Bank charges first installment after month as it is.8-Meezan Bank charges insurance amount monthly rather than annually which is included in monthly installment amount.

9-Meezan Bank receives security deposit after the case get approved.

Comparison (Car Finance)

Alfalah Bank Citi Bank

- 37 -

1-Alfalah Car installments remain same linked with KIBOR.

2-In case of booking of vehicle Alfalah bank charge installment with insurance.

3-The mark up rate of Alfalah Car is 15.50%.

1-Citi Bank Car finance installments flu-charts annually linked with KIBOR.

2-Installments start right from the first month regardless of delivery of vehicle.

3-The mark up rate of Citi Bank Car finance is 16%.

Alfalah Bank MCB Bank1-Alfalah Car installments remain same linked with KIBOR.



1-MCB Car 4 U installments flu-charts annually linked with KIBOR.


3-The mark up rate of MCB Car 4 U is 14.25%.

Alfalah Bank UBL Bank

- 38 -

1-Alfalah Car installments remain same linked with KIBOR.



1-UBL Auto finance installments flu-charts annually linked with KIBOR.


3-The mark up rate of UBL Auto finance is 13.50%.

Alfalah Bank Meezan Bank1-Alfalah Car installments remain same linked with KIBOR.



1-Car Ijarah rent amount remains the same throughout the period, regardless of variation in rates of KIBOR.

2-In case of booking of vehicle Meezan bank does not charge installment until vehicle transferred to customer and he used it one month.

3-The mark up rate of Meezan Car Ijarah is 15.00%.

- 39 -

Arooj AzharThe Experience of making this assignment was very good .The whole process was

really very interesting. All this was very informative .some time this project work become too much tough. But with co-operation. Of group member this become more easy whole group was very efficient in their work.Project work about bank Alfalah Ltd was really a fantastic job . Its services are more than all banks .its financing scheme is very good. its installment plan is very reliable . this bank provide a lot of facility 4 us .I enjoy a lot while preparing this project with all my group members.

Signature:-________Abrar Akram

This project is really very interesting. I was very excited to work on this project. My group was very much co-operative. This all work us a team work & whole group partially do it.

Our Bank is a bank which provides services more than all the banks. Financing services, mark up plan & installments are very reliable. Especially home loans & car Financing & credit cards services are very useful in daily life.

I have learned very much experience while the making this project. It develop my interest in leasing & other bank policies.

Signature:-________Umair Tufail

I am the analyzer of this project. This project is about “BANK ALFALAH” and BANK ALFALAH’s three products namely 1- Home Loan, 2- Car finance, 3- Credit cards. In this project you will find the history and something about BANK ALFALAH .You will also find information about ALFALAH Bank’s three products we choose , the information include history , mark up rates , amortization tables, installment process , charges , prices & many other information.

I learned a lot of things about banking system during the preparation of this project.

Signature:-________Tayyab Ali

With the grace of My Allah, I was able to work on this project. My group members also helped me a lot, I was unable to comply on this project without facilitation of my group members.

I am very thankful to my Co-workers to help me to make this project. I especially thank to data providers for giving me this useful data. This is my 1st project and I hope that this project may get success for me and for my entire team.

Signature:-________

Mian Humayun Shahzad

- 40 -

I am very happy on this project because I had to do a lot of work while preparing this project. I got experience from this project.

our all group did it with co-operation of team work. Sir. Imran helped us very much working in this project.

I hope this project will prove our hard working.Signature:-________

Faizan Ahmad:This assignment was very 1st assignment for us & of such type about an

organization services & products so that it was a little bit tough for us but we did it very well with co-operation & managed team work. In my opinion this assignment which is in your hand is real fruit of great combined effort & team work.

We had to visit the bank Alfalah ltd, In order to the collection of data. We also tool assistance from the web site of bank Alfalah and collected all the necessary information about bank Alfalah’s (services & products) . Our next step was to get installment schedules for the Alfalah Car, home loan, & Alfalah credit cards. We got no more material about installment plans, so Mr. Imran who is the course instructor of business math also had authorization of this assignment helped us in preparing the installment plans.

Overall it was a really pleasant task for me to prepare this assignment I took la lot of experiences from it. This assignment also improved my communication skills during the discussion with employees of bank Alfalah ltd.We really enjoyed that on. Signature:-________Azhar Farooq

When I got this venture I was in fact energized. I had nightmare to work on Bank Alfalah services and products. It was a little bit sturdy situation but with the co-operation of my cluster members I did it splendidly. The creation of installment schedules was a little bit tough but with the help of Sir. Imran we did it.

We started it no matter what the circumstance was and we visited bank Alfalah main branch with my group members. We collected markup plan, installment schedule from bank with the giddiness of our teacher Sir Imran.

I got a lot of experience from this project that is how to work in field and how to bring together information according to your aspiration.

It’s the ambition of my family & friend to strike peak and now I can say I did some thing remarkable and look forward to that I’ll have to work on such type further. I would like to dedicate my petite struggle to my friend Adnan Blouch and brother Shakir M.

Signature:-________

- 41 -

It’s incumbent upon us to express our fervent gratitude to all mighty Allah the most compassionate and merciful for giving us the courage to achieve this task in the field of management sciences.

Word will never be able to express our thanks to our family and who not only prayed for our success but also morally supported us.

May God almighty infuse us with the energy and weight to fulfill our noble appreciation and expectations further edify our competence.

1. Sufyan AhmadOfficer, Main Brach, Bank Alfalah Limited.

2. Rana Muhammad KashifRelationship Officer, Credit Cards

3. Shahryar JamilOfficer, Home Loan Department, BAL Ltd.

4. Fateh MuhammadLeasing Officer, Car Financing, BAL Ltd.

5. Mian KhawarSuper Car Showroom, Eid Gah Road, FSD

6. WEB ADDRESSwww.bankalfalah.com

THE CARING BANK

- 42 -