Want access to your money anytime, anywhere? With a Meezan Visa Debit Card, you have access to the money in your account wherever you are, whenever you want, wherever you see the Visa symbol. The money is deducted from your balance straight away — there is no interest to pay, no bills & no late fees!
Using your card is quicker than making a trip to the bank!
Using your card is quicker and far more convenient than queuing at a cash dispenser and safer than carrying cash.
Use your own money at more than 30 million outlets and 160 countries worldwide.
Use it to buy both big and small items, wherever you see the Visa symbol.
Each withdrawal taken directly from your Meezan Bank Linked Account.
A safe and convenient alternative to carrying cash.
You can call support 24 hours a day, 7 days a week with any queries. Simply call 111-331-331
All shopping transactions on your card are signature based. Simply swipe and sign!
Meezan VISA Debit - Your prefect travel companion
Next time you’re planning to go abroad, you can use your Meezan Visa debit card for all your purchases and to withdraw cash at ATMs, just as you do at home wherever you see the Visa symbol.
Convenient - No need to buy foreign currency or travellers’ cheques in advance.
Safe - No need to take large amounts of cash with you.
Accepted all over the world - Pay for hotels, sightseeing, shopping and dining out.
Friday, 29 April 2011
Wednesday, 13 April 2011
UBL BUSINESS PARTNER PLUS
The UBL Business Partner Plus is a unique product with multiple benefits. It is a specialized current account, which aims at providing the necessary tool for individuals, traders, businessmen and commercial customers to transact their bank related business activities nationwide through a single platform.
On maintaining a monthly average balance of Rs. 25,000 or more, avail a host of free services including:
Unlimited number of cash withdrawal & deposit transactions through any UBL branch.
Unlimited number of UBL cheque deposit transactions through any UBL branch.
Unlimited number of online funds transfers transaction country wide.
Wallet VISA Debit Card (Sliver / Gold) issuance.
Unlimited number of Cashier’s Cheque.
Issuance of cheque book.
Cancellation of Cashier’s Cheque.
Cheque returned unpaid from payee's account in outward clearing.
Clean Bill for collection.
Duplicate Cashier’s Cheque.
Duplicate account statement.
Issuance of Rupee Travelers Cheque (RTC).
Transaction SMS.
Note: Minimum balance charges of Rs. 50/- will be charged monthly if monthly average balance falls below Rs.25,000/-.
On maintaining a monthly average balance of Rs. 25,000 or more, avail a host of free services including:
Unlimited number of cash withdrawal & deposit transactions through any UBL branch.
Unlimited number of UBL cheque deposit transactions through any UBL branch.
Unlimited number of online funds transfers transaction country wide.
Wallet VISA Debit Card (Sliver / Gold) issuance.
Unlimited number of Cashier’s Cheque.
Issuance of cheque book.
Cancellation of Cashier’s Cheque.
Cheque returned unpaid from payee's account in outward clearing.
Clean Bill for collection.
Duplicate Cashier’s Cheque.
Duplicate account statement.
Issuance of Rupee Travelers Cheque (RTC).
Transaction SMS.
Note: Minimum balance charges of Rs. 50/- will be charged monthly if monthly average balance falls below Rs.25,000/-.
Sunday, 10 April 2011
Karobari Munafa Account,Specially tailored for Corporate entities
Karobari Munafa is a high profit savings account specifically tailored for large Corporate or GoP-controlled entities. It allows customers to earn higher returns on surplus cash balances, has no preset transaction limits and comes with a variety of free packaged benefits.
Karobari Munafa Account can be opened by Individuals, Sole-Proprietorships, Partnerships and Limited Companies.
The Karobari Munafa Account works on the principle of Mudarabah under which the customer is an Investor (Rab-ul-Maal), and the Bank is the Manager (Mudarib) of the funds deposited by the customer. The Bank allocates the funds received from the customers to a Deposit pool. Funds in the pool are invested under Islamic modes of finance that include but are not restricted to Murabaha, Sukuk and Ijarah.
Karobari Munafa Account can be opened by Individuals, Sole-Proprietorships, Partnerships and Limited Companies.
The Karobari Munafa Account works on the principle of Mudarabah under which the customer is an Investor (Rab-ul-Maal), and the Bank is the Manager (Mudarib) of the funds deposited by the customer. The Bank allocates the funds received from the customers to a Deposit pool. Funds in the pool are invested under Islamic modes of finance that include but are not restricted to Murabaha, Sukuk and Ijarah.
Alfalah Mahana Amdan
Alfalah Mahana Amdan is a 3 year TDR with expected rate of profit of 10% p.a. This term deposit will provide an opportunity to individual/joint customers to enjoy higher returns that will automatically be credited to his/her current/PLS/RP/BBA account on 1st working day of each month.
This facility is not available for business and corporate customers.
Some salient features
1.
Minimum placement limit is Rs. 100,000/- and maximum placement limit is Rs.15,000,000/-
2.
Expected Rate of profit is 10% Per annum (as per PLS governing rules)
3.
Profit will be automatically credited on the 1st working day of each month into customers Current/PLS/RP/BBA account
4.
Free Personal Accident Insurance coverage up to the deposit amount or Rs. 1,500,000/- whichever is lower.
5.
Customer can avail financing facility up to 90% of the deposit(as per banks policy)
6.
Any Pakistani resident over the age of 18 can open this account
7.
Alfalah Mahana Amdan term deposit can be maintained only at any one BAL branch with a maximum cap of Rs. 15 Million. An undertaking shall be obtained from the customer certifying that he/she is not availing Alfalah Mahana Amdan Term Deposit Receipt facility from any other BAL branch.(included in AOF)
8.
Alfalah Mahana Amdan TDR will be issued for three years tenure with auto renewal facility of principal amount i.e. the facility will be renewed automatically on maturity (i.e. 3 years)
9.
Alfalah Mahana Amdan TDR will be subject to Zakat, Withholding Tax as well as any other applicable taxes
FAQs
1.
Who can avail this facility?
Any Pakistani resident over the age of 18 years can avail this facility. This facility is offered only to individual/joint customers. Other customers like companies, corporate etc are not eligible to avail this facility.
2.
Is the customer required to have a checking account with BAL?
Yes. The Customer must be maintaining a Pak Rupees checking account with BAL and TDR facility shall be availed from the same branch.
3.
What is the minimum & maximum placement limit for availing this facility?
Minimum placement limit is Rs. 100,000 and maximum placement limit is Rs. 15,000,000.
4.
What is the tenure of this TDR?
The Alfalah Mahana Amdan Term Deposit Receipt will be issued for three years tenure with auto renewal facility.
5.
When will the profit be credited in the account?
Profit will be credited on 1st working day of each month to the customer’s account after deducting applicable WHT, etc.
6.
What is the amount of benefit of Personal Accident Insurance Coverage?
The maximum amount covered is upto the deposit amount or Rs.1, 500,000 whichever is lower.
7.
Is there any detailed medical examination required before the facility can be availed?
No medical examination/health declaration is required.
8.
How long is the insurance valid?
The insurance policy will remain valid under the following conditions:
a. Till the time depositor maintains his/her funds under the product Alfalah Mahana Amdan Term Deposit.
b. Till the time age of the customer remains within the bracket of 18 years to 60 years.
9.
How insurance benefit will be given in case of joint account?
In case of a joint account the amount of insurance cover will be proportionately divided (equally) among the joint account holders.
10.
What happens on the maturity of TDR?
The TDR will be auto renewed for the next term at the prevailing rate of profit. In case, the customer is willing to encash the funds at the time of maturity, he/she will furnish the request at least 3 working days prior to its maturity date in writing to the branch to encash his/her TDR and credit the principal amount to his/her account (as mentioned in application form)
11.
Is premature encashment allowed?
Yes, premature encashment is allowed. However, in such cases system will calculate profit amount at the prevailing rate of normal TDR depending upon the nearest period bracket completed. For example, if premature encashment is made after 1 year & 11 months, the 1 year prevailing profit rate of normal TDR will be applied on number of days funds remain placed with the bank. Rate differential on already paid profit will be adjusted from the principal amount.
12.
Is there any premium penalty on premature encashment?
In case of any premature encashment upon customer request, prevailing premium rate (i.e. Rs. 140/- per deposit of Rs. 100,000/-) shall be recovered from the customer for the current year and will be deducted from the principal amount.
13.
How many Alfalah Mahana Amdan TDR facilities can be availed by one customer?
Customer can maintain Alfalah Mahana Amdan Term Deposit only at any one BAL branch, with a maximum cap of Rs. 15 million. An undertaking shall be obtained from the customer certifying that he/she is not availing Alfalah Mahana Amdan TDR facility at any other branch.
14.
What shall be the procedure if a customer is found maintaining more than one Alfalah Mahana Amdan TDR facility at any other BAL Branch?
In case a customer is found maintaining placement at more than one branch than all subsequent Alfalah Mahana Amdan Term Deposit Receipts availed at any other branch shall be treated as normal TDR and profit shall be paid as per prevailing normal TDR rates. Rate differential on already paid profit will be adjusted from the principal amount.
15.
What shall be the procedure if a customer is found maintaining placement of more than 15 million?
In case a customer is found maintaining placement for more than 15 million, all subsequent placements exceeding Rs. 15 million shall be treated as normal TDR and profit shall be paid as per prevailing normal TDR rates. Rate differential on already paid profit will be adjusted from the principal amount.
This facility is not available for business and corporate customers.
Some salient features
1.
Minimum placement limit is Rs. 100,000/- and maximum placement limit is Rs.15,000,000/-
2.
Expected Rate of profit is 10% Per annum (as per PLS governing rules)
3.
Profit will be automatically credited on the 1st working day of each month into customers Current/PLS/RP/BBA account
4.
Free Personal Accident Insurance coverage up to the deposit amount or Rs. 1,500,000/- whichever is lower.
5.
Customer can avail financing facility up to 90% of the deposit(as per banks policy)
6.
Any Pakistani resident over the age of 18 can open this account
7.
Alfalah Mahana Amdan term deposit can be maintained only at any one BAL branch with a maximum cap of Rs. 15 Million. An undertaking shall be obtained from the customer certifying that he/she is not availing Alfalah Mahana Amdan Term Deposit Receipt facility from any other BAL branch.(included in AOF)
8.
Alfalah Mahana Amdan TDR will be issued for three years tenure with auto renewal facility of principal amount i.e. the facility will be renewed automatically on maturity (i.e. 3 years)
9.
Alfalah Mahana Amdan TDR will be subject to Zakat, Withholding Tax as well as any other applicable taxes
FAQs
1.
Who can avail this facility?
Any Pakistani resident over the age of 18 years can avail this facility. This facility is offered only to individual/joint customers. Other customers like companies, corporate etc are not eligible to avail this facility.
2.
Is the customer required to have a checking account with BAL?
Yes. The Customer must be maintaining a Pak Rupees checking account with BAL and TDR facility shall be availed from the same branch.
3.
What is the minimum & maximum placement limit for availing this facility?
Minimum placement limit is Rs. 100,000 and maximum placement limit is Rs. 15,000,000.
4.
What is the tenure of this TDR?
The Alfalah Mahana Amdan Term Deposit Receipt will be issued for three years tenure with auto renewal facility.
5.
When will the profit be credited in the account?
Profit will be credited on 1st working day of each month to the customer’s account after deducting applicable WHT, etc.
6.
What is the amount of benefit of Personal Accident Insurance Coverage?
The maximum amount covered is upto the deposit amount or Rs.1, 500,000 whichever is lower.
7.
Is there any detailed medical examination required before the facility can be availed?
No medical examination/health declaration is required.
8.
How long is the insurance valid?
The insurance policy will remain valid under the following conditions:
a. Till the time depositor maintains his/her funds under the product Alfalah Mahana Amdan Term Deposit.
b. Till the time age of the customer remains within the bracket of 18 years to 60 years.
9.
How insurance benefit will be given in case of joint account?
In case of a joint account the amount of insurance cover will be proportionately divided (equally) among the joint account holders.
10.
What happens on the maturity of TDR?
The TDR will be auto renewed for the next term at the prevailing rate of profit. In case, the customer is willing to encash the funds at the time of maturity, he/she will furnish the request at least 3 working days prior to its maturity date in writing to the branch to encash his/her TDR and credit the principal amount to his/her account (as mentioned in application form)
11.
Is premature encashment allowed?
Yes, premature encashment is allowed. However, in such cases system will calculate profit amount at the prevailing rate of normal TDR depending upon the nearest period bracket completed. For example, if premature encashment is made after 1 year & 11 months, the 1 year prevailing profit rate of normal TDR will be applied on number of days funds remain placed with the bank. Rate differential on already paid profit will be adjusted from the principal amount.
12.
Is there any premium penalty on premature encashment?
In case of any premature encashment upon customer request, prevailing premium rate (i.e. Rs. 140/- per deposit of Rs. 100,000/-) shall be recovered from the customer for the current year and will be deducted from the principal amount.
13.
How many Alfalah Mahana Amdan TDR facilities can be availed by one customer?
Customer can maintain Alfalah Mahana Amdan Term Deposit only at any one BAL branch, with a maximum cap of Rs. 15 million. An undertaking shall be obtained from the customer certifying that he/she is not availing Alfalah Mahana Amdan TDR facility at any other branch.
14.
What shall be the procedure if a customer is found maintaining more than one Alfalah Mahana Amdan TDR facility at any other BAL Branch?
In case a customer is found maintaining placement at more than one branch than all subsequent Alfalah Mahana Amdan Term Deposit Receipts availed at any other branch shall be treated as normal TDR and profit shall be paid as per prevailing normal TDR rates. Rate differential on already paid profit will be adjusted from the principal amount.
15.
What shall be the procedure if a customer is found maintaining placement of more than 15 million?
In case a customer is found maintaining placement for more than 15 million, all subsequent placements exceeding Rs. 15 million shall be treated as normal TDR and profit shall be paid as per prevailing normal TDR rates. Rate differential on already paid profit will be adjusted from the principal amount.
Saturday, 9 April 2011
Faysal Balance Transfer Facility
We believe life should be spent enjoying the rain - not saving up for it. Our BTF lets you enjoy yourself while we take care of all your rainy days. It is your personal line of credit; quick money when and where you want it!
Faysal Bank Limited introduces and welcomes you to BTF, your one stop payment shop that takes care of all your financial needs. The BTF is the most convenient, flexible, economical and easy-to-use loan facility designed to suit your needs and gives you the power to control your finances. It brings you a variety of features that provide you the spending convenience you deserve.
Features & Benefits
* Your personal line of credit limit between PKR 50,000 to PKR. 500,000
* Mark-up is charged on utilised amount only
* Make Loan and credit card bill payments by enjoying a substantially lower mark-up on your outstanding amounts
* No processing fee
* A Free Current account along with your own ATM Card
* Access 100% cash withdrawal at no extra cost
* Withdraw cash worldwide through 1-Link, MNET and CIRRUS networks by using your ATM Card
* Utility bill payments for companies including PTCL, SSGC, SNGPL, Mobilink, Paktel, and Ufone
* 24 hours Customer Interaction Centre for round the clock service
* Drop Box Facility for your ease
* Inter-bank Funds Transfer*
* Receive Monthly BTF e-Statements
* Experience the convenience of SMS Banking
*At selected branches, please call 111 060 606 or 111 000 325.
Eligibility
* You are eligible for BTF if you are between the age of 21 and 60 years
* Have a valid credit card (VISA, MasterCard or American Express).
Documentation
Complete the application form and attach the following:
* Employment Certificate from HR/Personnel Department addressed to Faysal Bank (stating designation, tenure of employment gross and net salary)
* Copy of last month’s Credit Card Statements.
For salaried individuals
* Employment Certificate from HR/Personnel Department addressed to Faysal Bank (stating designation, tenure of employment gross and net salary)
For self-employed professionals/businessmen
* Copy of Certificate of Professional Association (for self-employed professionals only)
* Proof of business (Proprietorship Letter or Partnership Deed or Memorandum & Articles of Association)
If our products and services have interested you and you would like further information, please call our Customer Interaction Centre at 111 060 6 06 or 111 000 325.
• Frequently asked questions regarding BTF
• Schedule of Charges for BTF
• Terms and Conditions for BTF
Faysal Bank Limited introduces and welcomes you to BTF, your one stop payment shop that takes care of all your financial needs. The BTF is the most convenient, flexible, economical and easy-to-use loan facility designed to suit your needs and gives you the power to control your finances. It brings you a variety of features that provide you the spending convenience you deserve.
Features & Benefits
* Your personal line of credit limit between PKR 50,000 to PKR. 500,000
* Mark-up is charged on utilised amount only
* Make Loan and credit card bill payments by enjoying a substantially lower mark-up on your outstanding amounts
* No processing fee
* A Free Current account along with your own ATM Card
* Access 100% cash withdrawal at no extra cost
* Withdraw cash worldwide through 1-Link, MNET and CIRRUS networks by using your ATM Card
* Utility bill payments for companies including PTCL, SSGC, SNGPL, Mobilink, Paktel, and Ufone
* 24 hours Customer Interaction Centre for round the clock service
* Drop Box Facility for your ease
* Inter-bank Funds Transfer*
* Receive Monthly BTF e-Statements
* Experience the convenience of SMS Banking
*At selected branches, please call 111 060 606 or 111 000 325.
Eligibility
* You are eligible for BTF if you are between the age of 21 and 60 years
* Have a valid credit card (VISA, MasterCard or American Express).
Documentation
Complete the application form and attach the following:
* Employment Certificate from HR/Personnel Department addressed to Faysal Bank (stating designation, tenure of employment gross and net salary)
* Copy of last month’s Credit Card Statements.
For salaried individuals
* Employment Certificate from HR/Personnel Department addressed to Faysal Bank (stating designation, tenure of employment gross and net salary)
For self-employed professionals/businessmen
* Copy of Certificate of Professional Association (for self-employed professionals only)
* Proof of business (Proprietorship Letter or Partnership Deed or Memorandum & Articles of Association)
If our products and services have interested you and you would like further information, please call our Customer Interaction Centre at 111 060 6 06 or 111 000 325.
• Frequently asked questions regarding BTF
• Schedule of Charges for BTF
• Terms and Conditions for BTF
Faysal Banks Small & Medium Enterprise Financing
Small and Medium Enterprise (SME) unit of the Bank is geared towards catering to the banking requirements of small to medium businesses in a timely and therefore cost effective manner. All the branches of Faysal Bank are equipped to speedily attend incoming financing requests from SMEs. We help our customers grow from strength to strength by acting as their bankers and financial advisors.
Faysal Bank's Corporate Financing
Faysal Bank Limited is fully geared to meet the changing economic challenges present in Pakistan. We are ever striving to build meaningful relationships with our customers and become partners in their growth and progress by acting as financial advisors and consultants as well as financiers. Our Corporate Finance Group extends both short and long term financing facilities designed to fulfill the individual need of each corporate customer.
BANK AL HABIB MONTHLY SAVER ACCOUNT
SALIENT FEATURES OF PRODUCT
Launched from March 01, 2010
* A Savings Account with monthly payment of profits for all age groups.
* The account can be opened by any individual (single or joint) like salaried person, self employed, retired, housewife, minor, etc.
* Expected Rate of Profit on Minimum Monthly Balance:
@ 5% p.a. – Upto Rs. 99,999
@ 8% p.a. – Rs.100,000 & Above
* Profit will be paid every month on the first working day of the following month.
* No minimum or maxmimum balance requirement
* Free ATM / Debit Card
* Free Internet Banking & E-Statements
* Customer may avail up to 90% financing on deposit.
Customer may:
- Visit any nearest BAHL Branch
- Obtain Account Opening Form designed for this product and Submit the duly completed form with all supporting documents.
Note:
The account does not offer free insurance coverage to customers
Launched from March 01, 2010
* A Savings Account with monthly payment of profits for all age groups.
* The account can be opened by any individual (single or joint) like salaried person, self employed, retired, housewife, minor, etc.
* Expected Rate of Profit on Minimum Monthly Balance:
@ 5% p.a. – Upto Rs. 99,999
@ 8% p.a. – Rs.100,000 & Above
* Profit will be paid every month on the first working day of the following month.
* No minimum or maxmimum balance requirement
* Free ATM / Debit Card
* Free Internet Banking & E-Statements
* Customer may avail up to 90% financing on deposit.
Customer may:
- Visit any nearest BAHL Branch
- Obtain Account Opening Form designed for this product and Submit the duly completed form with all supporting documents.
Note:
The account does not offer free insurance coverage to customers
ALFALAH ROYAL PROFIT
* Minimum Deposit requirement of Rs. 50,000 only.
* Higher returns on higher balances.
* No restriction on number of withdrawals and on number of deposits.
* Debit card can be used to withdraw cash and make purchases at thousands of outlets across Pakistan which provides access to funds 24 hours a day.
* Profit is credited to the customer account on monthly basis.
* Higher returns on higher balances.
* No restriction on number of withdrawals and on number of deposits.
* Debit card can be used to withdraw cash and make purchases at thousands of outlets across Pakistan which provides access to funds 24 hours a day.
* Profit is credited to the customer account on monthly basis.
ALFALAH PLS SAVINGS ACCOUNT
# Profit & Loss Sharing Saving Bank Account.
# Minimum account opening requirement of Rs. 5,000 only.
# No restriction on number of withdrawals and number of deposits.
# Profit on saving accounts is credited to the customer account on half-yearly basis.
# Debit card can be used to withdraw cash and make purchases at thousands of outlets across Pakistan which provides access to funds 24 hours a day.
# Minimum account opening requirement of Rs. 5,000 only.
# No restriction on number of withdrawals and number of deposits.
# Profit on saving accounts is credited to the customer account on half-yearly basis.
# Debit card can be used to withdraw cash and make purchases at thousands of outlets across Pakistan which provides access to funds 24 hours a day.
BANK ALFALAH CURRENT ACCOUNT
* Non interest bearing checking account.
* Minimum account opening requirement of Rs. 10,000 only.
* Debit card can be used to withdraw cash and make purchases at thousands of outlets across Pakistan which provides access to funds 24 hours a day.
* No restriction on number of withdrawals and on number of deposits
* Minimum account opening requirement of Rs. 10,000 only.
* Debit card can be used to withdraw cash and make purchases at thousands of outlets across Pakistan which provides access to funds 24 hours a day.
* No restriction on number of withdrawals and on number of deposits
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