Bank AL Habib Limited

Consumer Assets Management System

Auto Finance Schedule (For Reconditioned / Used Vehicle)
Current Date:
Subject:

Tentative Auto Finance Schedule

Dear Sir / Madam,

Reference is made to your inquiry for Bank Al Habib Auto Financing, we feel pleasure to quote our best possib
tentative terms and conditions for your desired vehicle as follows. This should be taken in account that our term
are based upon the prevailing promulgated requlations of State Bank of Pakistan. The following offer is subjecti
to the approval of Bank Al Habib's approval procedures. Please note that Advance Income Tax, Registration fee
of the vehicle and other charges are exclusive frome the facility.
Name/Attn:
Make Model:
MIRA 2013
Vehicle Price:
1,000,000
Down Payment:
30%
700,000
Finance Amount:
Tenure (In Years):
5
Mark-up Rate:
11.26%
Insurance Company:
Insurance Rate:
Down Payment
1st Year Insurance
Advance Installment
Processing Fee

Total Upfront
Year
First Year
Second Year
Third Year
Forth Year
Fifth Year

HABIB WITH TRACKER

3.60%
300,000
36,000
6,000

342,000

Without FED

Installments detail
EMI
12
12
12
12
12

Number of Installments

15,311
15,311
15,311
15,311
15,311

mited
System

ed / Used Vehicle)
Current Date:

22-Sep-16

Rep Mode: Arrear

eel pleasure to quote our best possible

ould be taken in account that our terms
kistan. The following offer is subjective
dvance Income Tax, Registration fee of

Insurance
2,700
2,565
2,437
2,315

TMP
18,011
17,876
17,747
17,626
15,311

Bank AL Habib Limited

Consumer Assets Management System

Auto Finance Schedule (For New Vehicle)
Customer Type:
Current Date:
Subject:

Tentative Auto Finance Schedule (At Variable Mark-Up Rate)

Dear Sir / Madam,

Reference is made to your inquiry for Bank Al Habib Auto Financing, we feel pleasure to quote our best possib
tentative terms and conditions for your desired vehicle as follows. This should be taken in account that our term
are based upon the prevailing promulgated requlations of State Bank of Pakistan. The following offer is subjecti
to the approval of Bank Al Habib's approval procedures. Please note that Advance Income Tax, Registration fee
of the vehicle and other charges are exclusive frome the facility.
Name/Attn:
Mr. / Mrs. / Miss
Make Model:
TOYOTA
COROLLA GLI Manual (1300 cc)
Vehicle Price:
1,787,500 Advance Income tax to be paid by the customer
Down Payment:

20%

1,430,000

Finance Amount:
Tenure (In Years):
Mark-up Rate:

5
10.26%

Insurance Company:
Insurance Rate:

Variable

IGI - With Tracker (78)

3.25%

Down Payment
1st Year Insurance
Advance Installment
Processing Fee (Exclusive of FED)

357,500
58,094
4,000

Total Upfront

30,567
30,307
30,567

419,594

Installments detail
EMI

Year

Number of Installments

1st Year
2nd Year
3rd Year
4th Year
5th Year

12
12
12
12
12

Note:

30,567
30,567
30,567
30,567
30,567

Monthly installment may vary subject to fluctuation of 1 Year KIBOR.

Tentative Total Mark-up :

mited
System
Vehicle)
Branch Customer
Current Date:

riable Mark-Up Rate)

Rep Mode:

22-Sep-16

Arrear
0
3

eel pleasure to quote our best possible

ould be taken in account that our terms
kistan. The following offer is subjective
dvance Income Tax, Registration fee of

cc)

ome tax to be paid by the customer

One Year KIBOR as of last working

day of Previous Month

6.26%

Advance Income Tax

Filer
Non-Filer
30,000
40,000
Just for information: To be paid
by the customer directly
Insurance
4,357
4,139
3,932
3,736
0

fluctuation of 1 Year KIBOR.

403,992

TMP
34,924
34,706
34,499
34,302
30,567

SUZUKI

Adv Income Tax

MEHRAN (800 cc)

Mehran VX PETROL (White)
Mehran VX PETROL (Metallic)
Mehran VX CNG (White)
Mehran VX CNG (Metallic)
Mehran VXR PETROL (White)
Mehran VXR PETROL (Metallic)
Mehran VXR CNG (White)
Mehran VXR CNG (Metallic)

650,000
655,000
720,000
725,000
703,000
708,000
773,000
778,000

Filer
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000

BOLAN VAN (800 cc)

Bolan CARGO VX PETROL (White)
Bolan VAN VX PETROL (White)
Bolan VAN VX PETROL (Metallic)

696,000
725,000
730,000

10,000
10,000
10,000

RAVI (800 cc)

Ravi PICKUP PETROL (White)
Ravi PICKUP PETROL (Metallic)

667,000 10,000 for

672,000 10,000 for

Wagon R (1000 cc)

Wagon-R VXR (White)
Wagon-R VXR (Metallic)
Wagon-R VXL (White)
Wagon-R VXL (Metallic)
CULTUS (1000 cc)

CULTUS VXRi PETROL (White)

CULTUS VXRi PETROL (Metallic)
CULTUS VXRi CNG (White)
CULTUS VXRi CNG (Metallic)
SWIFT (1328 cc)
SWIFT RSDLX 1.3L
SWIFT RSDLX 1.3L (With Navigation)
SWIFT RSDLX 1.3L Automatic
SWIFT RSDLX 1.3L A/T (With Navigation)

1,009,000
1,014,000
1,049,000
1,054,000

20,000
20,000
20,000
20,000

1,124,000
1,129,000
1,199,000
1,204,000

20,000
20,000
20,000
20,000

1,327,000
1,375,000
1,463,000
1,511,000

50,000
50,000
50,000
50,000

APV CBU (1500 cc)

APV 1.5 GLX

2,418,000 Awaited
KAZASHI (2400 cc)

Kazashi 2.4

5,000,000 Awaited

HONDA

Adv Income Tax

Non-Filer
CITY (1300 cc)
10,000
City Manual Transmssion
1,537,000
10,000 City Manual Transmission (With Navigation)
1,587,500
10,000
City Automatic Transmission
1,678,000
10,000 City Automatic Transmission (With Navigation)
1,728,500
10,000
CITY Aspire (1300 cc & 1500cc)
10,000
1,667,000
City Manual Transmission (Aspire 1.3)
10,000 City Automatic Transmission (Aspire 1.3)
1,809,000
10,000
1,687,000
City Manual Transmission (Aspire 1.5)
1,829,000
City Automatic Transmission (Aspire 1.5)
10,000
CIVIC (1800 cc)
10,000
Civic i-VTEC Hard Top 1.8
2,363,000
10,000 Civic i-VTEC Orial 1.8 (With Navigation)
2,437,500
2,497,000
Civic i-VTEC Orial 1.8 (With Navigation & Leather Seats)
10,000 for Priv
Civic i-VTEC Orial 1.8
2,513,000
10,000 for PrivCivic VTEC i-VTEC Orial 1.8 (With Navigation)
2,587,500
2,647,000
Civic VTEC i-VTEC Orial 1.8 (With Navigation & Leather Seats)
25,000
CIVIC (1500 cc)
25,000
Civic VTEC Turbo 1.5
3,013,000
25,000
CRZ Sports (1500 cc)
25,000 CRZ Hybrid Manual (Solid)
3,286,000
CRZ Hybrid Manual (Metallic)
3,436,000
25,000 CRZ Hybrid Automatic (Solid)
3,366,000
25,000
CRZ Hybrid Automatic (Metallic)
3,516,000
25,000
TOYOTA
25,000
COROLLA (1300,1600, 2000 cc)
COROLLA XLI
(1300 cc)
1,642,500
100,000 COROLLA GLI Manual (1300 cc)
100,000 COROLLA GLI Automatic (1300 cc)
100,000 COROLLA Altis Automatic (1600 cc)
100,000 COROLLA ALTIS Manual (1800 cc)
COROLLA ALTIS Manual Grande (1800 cc)
Awaited
COROLLA ALTIS CVT (1800 cc)
COROLLA ALTIS CVT Grande (1800 cc)

Filer
Non-Filer
30,000
40,000
30,000
40,000
30,000
40,000
30,000
40,000
30,000
30,000
50,000
50,000

40,000
40,000
100,000
100,000

75,000
75,000
75,000
75,000
75,000
75,000

150,000
150,000
150,000
150,000
150,000
150,000

50,000

100,000

50,000
50,000
50,000
50,000

100,000
100,000
100,000
100,000

30,000

40,000

1,787,500
1,862,500
1,997,500
2,072,500
2,197,500
2,257,500
2,382,500

30,000
30,000
50,000
75,000
75,000
75,000
75,000

40,000
40,000
100,000
150,000
150,000
150,000
150,000

1,913,000
3,178,500
3,448,500
3,648,500
3,774,000
4,885,500
5,135,500

150,000
150,000
150,000
150,000
150,000
200,000
200,000

300,000
300,000
300,000
300,000
300,000
400,000
400,000

HILUX

Awaited
HILUX 4x2 S/C Standard
HILUX 4x4 E Manual Standard
HILUX 4x4 Vigo Champ V
HILUX 4x4 Vigo Champ G A/T
HILUX 4x4 Vigo Champ GX A/T
Fortuner 2.7L
Fortuner 2.7L TRD Sportivo

INSURANCE COMPANIES DETAIL

Max Limit

NAME

RATE

DESCRIPTION

2.75% Without Tracker for Honda Vehicles (New Model, being launched in late 2016)
3.00% More than two years used vehciels (except Mehran, Bolan, Cuore, Toyota and High Valued Vehicles)

Jubilee General

3.00% Without Tracker (Except Mehran, Bolan, Cuore and Toyota Vehicles other than Fortuiner)
3.50% With Tracker for Honda Vehicles (New Model, being launched in late 2016)
3.90% With Tracker (Above 1000 cc) inculding Cultus
4.75% With Tracker (Below 1000 cc)
3.00% Without Tracker for Honda & Suzuki Vehicle except Mehran and 4x4, 4x2

25 Million

EFU

3.98% With Tracker, above 1000cc other than Honda

4.80% With Tracker below 1000cc
3.00% Without tracker (Except Mehran, XLi, GLi, Hilux, 4x4, Commercial & Imported Vehicles)
3.25% Without Tracher, for Imported Vehicles upto 9 Million.

ADAMJEE

3.50% Without Tracker for Light Commercial Vehicles with CV-4 Clause
4.00%

With Tracker all locally assembled vehicle (Except Mehran)

5.00% With Tracker for Suzuki Mehran & Cuore

2.50% Without Tracker Except Toyota, Mehran, Bolan

IGI

3.25% With Tracker above 1000cc

4.45% With Tracker below 1000cc
3.00% Without Tracker

20.25 Million

Habib

3.60% With Tracker (1000cc and above)

4.50% With Tracker (less than 1000cc)
2.90% Without Tracker

10 Million

UNITED

3.50% With Tracker (Above 1000 cc) inculding Cultus

3.90% With Tracker (1000 cc & Below)
2.90% Without Tracker except Mehran, Bolan & Toyota

7.8 Million

Century

3.75% With Tracker (Except Mehran and Bolan)

4.75% With Tracker (For Mehran & Bolan)

7.2 Million

Askari

2.85% Without Tracker

except Corolla, Cuore, Mehran, 4x4 & Commercial Vehicles

4.00% With Tracker except 4x4, Singl/Doubble cabin

3.10% Without Tracker for Honda City & Civic,

3 Million

TPL Direct

3.75% With Tracker (1000cc and above)

4.75% With Tracker (less than 1000cc)

For Salaried

Copy of CNIC
Two Recent Photographs
Six Months Bank Statement, CPW / Turnover
Copy of NTN / Non NTN Declaration
1 year job proof
Salary Certificate/3 Months Salary Slips

Required Documents
For Self-Employed /Business
Copy of CNIC
Two Recent Photographs
Six Months Bank Statement, CPW / Turnover
Copy of NTN / Non NTN Declaration
Business proof
Proprietorship Letter/Partnership Deed/Form 29

New Vehicles Used / Recond

Minimum Financing
250,000
250,000
Maximum Financing
3,000,000
1,500,000
Minimum Down Payment
20.00%
30.00%
For Branch Customers
Mark-Up Rates
Fixed KIBOR + Fixed KIBOR +
###
3.00%
###
4.00%
1 & 2 Years
###
3.50%
###
4.50%
3 Years
###
4.00%
###
5.00%
4 & 5 Years

Used and Reconditioned Vehicle

should not be older than 3 & 5
years respectively at the time of
Disbursement. Date would be
calculated from date of Invoice
(Manufacturing).

The Manager
Bank AL Habib Limited,

UNDERTAKING
Date:

Dear Sir(s),
I,
holder of CNIC #
from the "Entire Banking Sector" as on

S/O, D/O, W/O

, undertake that the detail of my existing expos
is as under;

Details of Credit Cards (Clean) limits being availed from other Banks / DFIs:
Sr. #
Name of the Bank / DFI

Approved Limit

Details of Credit Cards (Secured) limits being availed from other Banks / DFIs:
Sr. #
Name of the Bank / DFI

Approved Limit

Details of Personal Loan (Clean) limits being availed from other Banks / DFIs:
Sr. #

Name of the Bank / DFI

Approved Limit

Amount O

Details of Personal Loan (Secured) limits being availed from other Banks / DFIs:
Sr. #

Name of the Bank / DFI

Approved Limit

Amount O

Details of other facilities (Clean & Secured) Limits being availed from other Banks / DFIs:
Sr. #

Name of the Bank / DFI

Approved Limit

Nature (Clean /Secured)

Cur

Applied Limits (Including the application in process):

Sr. #

Name of the Bank / DFI

Facility under process

Nature of

Bank AL Habib Limited

Auto Finance

Secured

Signature:
Name of the Applicant:

CNIC Number:

Date:

The Manager
Bank AL Habib Limited

Sub:

Letter of Understanding

Reference to my application of Auto Finance from Bank AL Habib Ltd, I hereby ackn
confirm that:
The applicable IRR (Internal Rate of Return) on the Personal Loan/Auto Finance is
which shall be fixed for the entire tenure of Loan.(for fixed Mark-up option).
OR
Applicable Rate for Auto Finance floating rate option is
1 Year
________%
(Spread) which is reviewable at every loan anniversary.

KIBOR (Base

Upon approval of the facility, I shall provide Post Dated Cheques/Debit Authority for the
repayments of my monthly installments to the bank.
Processing Fee Rs.

____________

shall be paid by me to the bank.

My 1st installment may vary from repayment schedule which will be based on the date
of disbursement.
Furhtermore, I understand that if my loan is disbursed before 16th of the month my 1st
month Installment shall be due on the 1st of the following month.
Installation of tracking device (if applicable) is solely being arranged by the insurance company
which is selected with my consent
I am awared that the delivery of my financed vehicle is solely the discreation of manufacturer or
dealer which is selected with my consent.

Signature:
Name:
CNIC #

Undertaking for Personal Use of the Motor Vehicle

To,

Date:

Bank AL Habib Limited,

0
0

Dear Sirs,
I,
holder of CNIC #

S/O, W/O, D/O

for the facility of Auto Financing and do hereby undertake that:

, do hereby acknowledge that I have applie

a.

I will use and operate the motor vehicle (Motor Vehicle) financed by Bank AL Habib Ltd.
(Bank) under the aforesaid undertaking for personal use only.

b.

I will not use, operate or give the Motor Vehicle for rental purposes, on lease,
hire- purchase or any other purpose in violation of the aforesaid purpose.

c.

I will not sell or transfer any rights, interests, assign, hypothecate or in any manner create
any encumbrance on the Motor Vehicle.

NOW THEREFORE, in consideration of the Bank agreeing to provide/ having provided finances to me
under the aforesaid agreement, I hereby undertake to indemnify and keep the Bank indemnified, safe
and harmless at all times and from time to time from and against all losses, damages, penalties, fines
(including but not limited to any loss arising from a violation of the undertakings specified at a-c above),
actions, suits, proceedings, accounts, claims, liabilities, expenses, costs and fees which the Bank may
incur, sustain or be put to by reason or on account of the Bank having extended the said finances to me.

Signature:
Address:

______________________________

CF-1

UNDERTAKING
Date:

, undertake that the detail of my existing exposure

om other Banks / DFIs:

Approved Limit

from other Banks / DFIs:

Approved Limit

rom other Banks / DFIs:

Amount Outstanding On Application
Date

d from other Banks / DFIs:

Amount Outstanding On Application
Date

ng availed from other Banks / DFIs:

Current Outstanding

Nature of Facility (Clean /Secured)

Secured

Date:

Finance from Bank AL Habib Ltd, I hereby acknowledge and

n) on the Personal Loan/Auto Finance is

Loan.(for fixed Mark-up option).

________%

KIBOR (Base Rate) plus

ide Post Dated Cheques/Debit Authority for the

o the bank.

ment schedule which will be based on the date

is disbursed before 16th of the month my 1st

of the following month.

ble) is solely being arranged by the insurance company

ced vehicle is solely the discreation of manufacturer or

or Personal Use of the Motor Vehicle

Date:

, do hereby acknowledge that I have applied

e (Motor Vehicle) financed by Bank AL Habib Ltd.

g for personal use only.

or Vehicle for rental purposes, on lease,

violation of the aforesaid purpose.

erests, assign, hypothecate or in any manner create

e.

agreeing to provide/ having provided finances to me

to indemnify and keep the Bank indemnified, safe
m and against all losses, damages, penalties, fines
a violation of the undertakings specified at a-c above),
ities, expenses, costs and fees which the Bank may
of the Bank having extended the said finances to me.

BANK AL HABIB LIMITED

Dated: ________________

INTER OFFICE MEMO

To:

Ref # ________________

Head of Risk Management

From:

__________________________

Consumer Baning Division

__________________________

Karachi

__________________________

Subject:

Branch Recommendation

Type of Facility:

Auto Financing

Customer Name:
The above mentioned customer is maintaining his/her account #
__________________________
since
with a satisfactory deposit at our branch. The relationship of the customer
__________
with us is good and we found him/her trust and credit worthy.
The customer has requested us for the facility of Auto Loans for Rs. ______________

______
as Down Payment.
for __ years and paying
As per his/her income, he/she is eligible for the applied facility.

Keeping in view the relationship of the customer and his/her profile, we recommend the loan.

Regards,

Name
Credit Officer / Incharge

Name
Branch Manager

Approved by:
Name
Area Manager

INTERNAL RISK RATING - CONSUMER

Applicant's Name

SADDAR BRANCH

MERVYN SEBASTIAN
RISK FACTORS

### A/C # 1038-0071-03406-01-2

POINTS

(1) Net Take Home Income (NTI)

Date

SCORE

25.00

RISK FACTORS

25.00

(5) Repayment Mode

Monthly Installments (including impact of applied

11-Aug-16
POINTS

SCORE

15.00

In case of Salaried person

credit facility) will be

i) Deduction at source/Guaranteed by acceptable guarantor
i) Below 30% of NTI
ii) Between 31 to 35% of NTI

25.00
18.00

iii) Between 36 to 40% of NTI

12.00

iv) Between 41 to 50% of NTI

8.00

v) Above 50% of NTI

25.00

15.00

ii) Direct Salary Transfer/DD Authority

iii). Post Dated Cheques (PDC)

8.00
6.00

(2) Credit History (as per eCIB report)

10.00

10.00

i) No overdue/ Clear history

ii) Clear but past overdue upto 30 days
iii) Clear but past overdue above 60 days

10.00
5.00
-

10.00

iv) Write off/ Defaulter

(3) Business / Employment stregnth

In case of Business / Self Employed person

i) Deduction at source/Guaranteed by acceptable guarantor
ii) Direct Debit Authority
iii). Post Dated Cheques (PDC)

15.00
8.00
6.00

8.00

(6) Educatiom

5.00

4.00

i) Post Graduate

5.00

ii) Graduate

4.00

iii) Intermediate

2.00

10.00

7.00

For Business / Self Employed business person

Ownership % in business
i) Having 100% share

10.00

ii) Having more than 50% share

8.00

iii) Having less than 50% share

4.00

iv) Matriculation or under matric

For Self Employed Professionals

Industry
i) Health / Medicine

10.00

ii) Finance/ Information Technology

8.00

iii) Others

4.00

1.00

(7) Working / Business Experience

10.00

10.00

i) Over 10 Years

10.00

10.00

ii) From 7 to 10 Years

8.00

iii) From 5 to 7 Years

6.50

iv) From 2 to 5 Years

5.00

v) Upto 2 Years

2.00

vi) No Experience

For Salaried Individuals

4.00

(8) Residential Details

10.00
10.00

8.00

A) Ranking of Employer
i) Multinational Companies/ Listed Companies

5.00

i) Living in Self Owned Property

ii) Other Limited Companies

4.00

ii) Living with parents (property owned by family)

8.00

iii) Partnership/ Sole Proprietorship Companies

3.00

iii) Living in self owned but mortgaged property

6.00

iv) Others

2.00

2.00

iv) Living in rented property

3.00

B) Designation in the Company

i) Senior Management

5.00

5.00

(9) Banking Relationship

ii). Middle Management

3.00

iii) Junior Staff

2.00

10.00

i) Relationship with BAHL - More than 2 years

10

10.00

ii) Relationship with BAHL - between 1 to 2 years

8.00

10

8.00

iii) Relationship with BAHL - less than one year

and / or
(4) Age

5.00

5.00

Relationship with other banks for over 2 years

5.00

iv) Overall Banking relationship between 1 to 2 years

5.00

3.00

i) Between 46 to 55 Years

5.00

v) No Banking relationship with any bank

ii) Between 36 to 45 Years

4.00

iii) Between 26 to 35 Years

3.00

iv) Between 18 to 25 Years

2.00

Total Score

87.00

v) Over 55 years

1.00

Assigned Rating

1.00

Rating Confirmed By the Zonal Office

If loan application is initiated by the branch:

Proposed by branch

_________________________

________________________

_________________________

Approved by Area Manager

_________________________

________________________

_________________________

Confirmed by Zonal Office

Reasons for Change in Risk by Zonal Office

If loan application is initiated by the Consumer Division:

Proposed by Credit Analyst

_________________________

________________________

_________________________

Approved by Consumer Head

_________________________

________________________

_________________________

Reasons for Change in Risk by Consumer Head

RATING SCALE
TOTAL SCORE

RR

Beyond 85

DESCRIPTION
Excellent

81 to 85

Very Good

76 to 80

Good

66 to 75

Fair

56 to 65

Average

51 to 55

Acceptable

46 to 50

Marginal

41 to 45

Below Acceptable

31 to 40

Watchlist

21 to 30

10

Substandard

11 to 20

11

Doubtful

0 to 10

12

loss

Check List for Processing

1 Br. Recommendation / IOM

Signed by BM & Area Manager

2 Risk Rating (Consumer)

Signed by BM & Area Manager

3 Two Photographs

Recent passport size

4 Copy of CNIC

Valid Copy & OS

5 Application Form

Signed by Customer & S.V

Signed by BM & Area Manager

6 Undertaking

Signed by Customer & S.V

7 Letter of Understanding

Signed by Customer & S.V

8 Undertaking for Personal Use

Signed by Customer & S.V

9 Copy of Utility Bill

Residence, Recent and Paid

Additional requirement (Subjective)

1 Undertaking for Signature Mismatch

Where the customer's signature

substantially differ from CNIC

NOC from Joint Account Holder(s) /

Partner(s) / Directors

Where the customer provided statement

of joint/company account

Account Maintenance Certificate

mentioning status of the customer

Where the customer provided company

account statement

CNIC Copy / eCIB of Father / Spouse /

Joint Account Holder(s)

Where CBD credits deems fit to further

strengthen the proposal

5 Other Bank Statement

Received by BAHL officer directly from

issuing bank

10 NTN/Non NTN Declaration

OS for NTN/ Sign & SV

11 Income Proof

Acceptable and OS

12 e-CIB of CNIC/SNIC

Fresh

Residence Verification

With Sign & Stamp

13 e-CIB OF Old NIC

Fresh

Office Verification

With Sign & Stamp

14 CPW / Turn-Over

1 Year / 6 Month

Reference Verification

With Sign & Stamp

15 Bank Statement

Current and Complete 6 Month

Tele Verification

With Sign & Stamp

Verifications - to be conducted by CBD in those cities where CBD hubs exist