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Page 1
 COMPARISON OF DIFFERENT BANK ACCONTS OF
MCB & HBL

SUBMITTED TO :
Ms RUBINA BASHIR
PREPARED BY :
MUBASHER NAZIR M06BBA014

UZAIR BIN TARIQ M06BBA017

MUHAMMAD ALI M06BBA022

USMAN JAVAID M06BBA050

QASIM MUKHTAR M06BBA069

UNIVERSITY OF THE PUNJAB

Page 2
Page 3
 TABLE OF CONTENTS
SR.NO PARTICULARS PAGE NO
.
1 Acknowledgemnent 5
2 About mcb 6
3 Vision statement 7
4 Mission statement 8
5 Values 9
6 Awards and accolades 9
7 Online services 10
8 Call centre 11
9 Services offered 11
10 Bill payement 12
11 Loans 12
12 MCB pyara ghar 13
13 MCB car 4 u 15
14 Accounts 17
15 Basic banking account 17
16 Current account 19
17 Savings account 20
18 Foreign currency account 22
19 Smart dollar account 24
20 Savings 365 gold 26
21 Special rupee term 28
22 Business account 29
23 Savings xtra 31
24 Current life account 33
25 About HBL 36
26 Vision 37
27 Mission 38
28 Brand 39
29 Bancassurance 40
30 HBL car to car 41
31 HBL car loan 43
32 HBL credit card 44
33 Accounts 45
34 Term accounts 48
35 HBL advantage account 48
36 Investment plus deposit 49
37 Current accounts 50
38 HBL freedom account 50
39 HBL business value account 52
40 Current account 52
41 Basic banking account 53

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42 Savings accounts 54
43 HBL value account 54
44 PLS savings account 55
45 Remittance munafa plus savings account 55
46 Daily munafa account 56
47 Daily progressive account 56
48 Foreign currency accounts 57
49 FC-SB 58
50 High yield foreign currency fixed deposit 58

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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 teacher ‘MS

RUBINA BASHIR’, who’s ever encouraging, keen interest and sympathetic behaviour proved to be a
light house to complete this project. I would like to express my cordial gratitude to the employees of

MCB WAPDA HOUSE Lahore office, especially MR. JAVED IQBAL

MARATH, who cooperated with us in the data collection procedure and respondents in the
working sphere.

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

Page 6
    

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.

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 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 customer’s 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

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.

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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 night’s sleep.

Services Offered
General Inquires

1. ATM locations
2. Account opening procedures
3. MCB Bank charges
4. All MCB Product related information
5. MCB merchant locations

Financial Services

1. Account Balance inquiry

2. Funds transfer request
3. Debit card Transactions details
4. Last five transactions details
5. All credit card related requests
6. 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

1. Credit Card Address Change request

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 2. Virtual Banking activation
3. 24 Hour complaint registration
4. 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.

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. Running finance facility, to use as and when you want.

2. Financing upto Rs. 20 million
3. Pay back when you want
4. Only monthly mark-up payment

AFFORDABLE

1. Lower mark up and that too only on utilized amount.

2. Option to club income to avail higher financing limits.

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HIGH LOAN AMOUNT

Loans up to 70% of the value of your house / flat.

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.

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
set…tau 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:

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Karachi, Lahore, Faisalabad, Rawalpindi and Islamabad cities are offering housing finance.

General terms and Conditions:

1. Repayment in equal monthly installments (EMI).

2. Title Search of property documents is mandatory.
3. Information regarding availed loans from other banks should be authentic.
4. Personal information should be valid.
5. Mandatory verification checks of borrowers and collateral.
6. Bureau reports regarding repayment history of all borrowers wherever applicable should be
unambiguous, positive and satisfactory.
7. Property insurance is mandatory.
8. Equitable/Token Registered Mortgage/Registered Mortgage based on legal opinion.
9. Noting of mortgage charge in bank’s favor is mandatory as per bank’s policy.
10. Legal Opinion from bank’s approved professional lawyers.
11. Collateral appraisal through bank’s approved valuation agencies.
12. Income estimation through bank’s approved Chartered Accountants.

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

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 bank’s/DFI’s 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 bank’s 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. Applicant(s) must be Pakistani National.

ii. Salaried, Self employed businessmen (SEB) and Self employed professionals (SEP) are eligible for
application.
iii. Satisfactory verifications.
iv. Satisfactory bureau checks.
v. Satisfactory income estimation, property valuation and legal opinion.

Eligible Financing Limits:

i. Minimum Loan amount PKR 500,000.

ii. Maximum Loan amount:

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 iii. HP: 20 Million
iv. HC: 10 Million.
v. HR: 5 Million.
vi. BTF: 20 Million.
vii. 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.

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 Hai…1 Car 4 You".

FLEXIBLE

o Option for financing or leasing

o Financing tenures from 1 to 7 years
o Option for new as well as used cars
o Options for local as well as imported cars
o Financing upto Rs. 25 lacs
o Option for early payment
o Option for replacement loan

AFFORDABLE

o Lower mark up rates

o Lower insurance rates
o Minimum 20% down payments

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SPEED

o Fast and hassle free processing of application

o Priority delivery on different vehicles

SPECIAL BENEFITS

o No processing fee if the case is declined

o Pay your down payment after your loan is approved

AVAILABILITY

o Currently available in the following cities:

o Karachi, Lahore, Faisalabad, Rawalpindi, Islamabad, Sialkot, Gujranwala, Hyderabad.

EXISTING CUSTOMERS

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

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 ACCOUNTS

1. BASIC BANKING ACCOUNT

 
 

 
It’s 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.

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 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.
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.

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 Bank Account Statement and Cheque Book Request.

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

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.

Page 20
 

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 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.
 

3.SAVINGS ACCOUNT:
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Start saving and discover a habit that’s 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.
 

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.

Page 22
 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.
 

4. FOREIGN CURRENCY ACCOUNT

 
 

 
 
Enjoy the confidence of operating an international account,
locally.
 
MCB Foreign Currency Account offers you the option of

Page 23
   earning attractive returns on your Foreign Currency
Investment.
 
 
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.

Page 24
 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.
 
 

5. SMART DOLLAR ACCOUNT

Page 25
  
 
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.*
 
* 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.
 

Page 26
 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.

Last 4 transaction details.
 
 

 
 

6.SAVINGS 365 GOLD

Page 27
  
 
 
 
The higher you save, the higher you go.
MCB Savings 365 Gold Account offers you a wide
  range of attractive profit rates.
 
 

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.
 

Page 28
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.

Last 4 transaction details.
 
 

Page 29
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.
Option for ATM debit card to access profit earned.
Option for automatic renewal of term deposits.

Page 30
 
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 350 MCB ATMs.

Over 3000 MNET/ 1-LINK ATMs.
 
 

8. BUSINESS ACCOUNT:

 
 
Page 31
 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:

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)

Page 32
 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.
 
 

 
9.SAVINGS XTRA

   

 
 
Grow with MCB Xtra by saving more
  and earning greater profit.
MCB Savings Xtra Account offers you

Page 33
  a wide range of attractive profit rates.
 
 

KEY POINTS
 
The higher your balance, the higher your profit.
Now avail attractive rates up to 8.5%.*
Profit calculated on monthly basis.
Profit paid into your account semi-annually.
No joining fee on Debit/ ATM Card.
50% Discount on Lockers.
Cash deposit and withdrawal facility at hundreds of branches
nationwide.
Unlimited number of ATM withdrawal transactions.
3 Free withdrawal transactions through the branch every
month.
 

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.

Page 34
 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.
 

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.*

Page 35
 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
 

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 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)

Page 36
 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.
 
 
 

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

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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.

VISION

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“Enabling people to advance with
confidence and success”

MISSION

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

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 are
brought to life in our attitudes and behaviour. It is our values that make

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

Bancassurance

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 HBL and New Jubilee Life Insurance Company Limited (NJLI) introduce Amaan (Retirement
Plan ) and Tabeer (Child Education & Marriage). These products have been designed keeping
HBL’s 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 18 – 60 years

Minimum payment Rs. 2,000 per month
Minimum age to exercise 55 years
pension option
Benefit on accidental death Rs. 800,000 will be paid along
with other benefits
Benefit on death Rs. 200,000 will be paid along
with other benefits
Partial withdrawals Allowed
Maturity benefits Two options available:
1. Policy can be cashed in total
2. Pension can be recieved for life

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 child’s education or marriage. Plans are available for both
under and over 45 years of age.

Eligible age 18 – 60 years

Minimum Rs. 3,000 per month
payment
Benefit on In addition to other benefits, Rs. 500,000 will be
accidental death paid for the marriage of the nominated female
child, given that female child is at least 18 years
of age
Partial Allowed
withdrawals
Maturity Two options available:
benefits 1. Policy can be cashed in total

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 2. Funds are paid back as per policyholder's
designated time period

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

Pay only for what you use

When you lease a car under HBL CarToCar, you only 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 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 car’s 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 car’s 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

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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 car’s 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

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

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 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

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

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 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

ACCOUNTS

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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.

 
 
1.Term accounts  
 
 

Offere
d 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

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 HBL’s 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

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Term Profit per annum*
1 Year 10.25%
3 Year 11.00%
5 Year 10.87%
10 Year 10.24%

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

 
 
 

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2. 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)

A) HBL FREEDOM ACCOUNT

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 Free cash withdrawal & deposit transactions
through any HBL branch
Free online funds transfer transactions
Free Banker’s 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.

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.

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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

c).CURRENT ACCOUNT

Minimum balance of Rs. 5,000

Unlimited transactions
Non-profit bearing
HBL Debit Card and Inter Branch

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 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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 3.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*

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

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

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 Special account for receiving foreign remittances

5.12% profit per annum*

Profit paid every month

Minimum balance of Rs. 20,000**

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**

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 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
 

 
TYPES OF FOREIGN CURRENCY
ACCOUNTS

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

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

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