History of SONERI BANK LIMITED:

SONERI BANK LTD was incorporated on 28 th

September 1991 as a public limited company under the companies ordinance,
1984. Its registered office is situated at Rupali House 241 -242, upper Mall road
Scheme, Anand Road Lahore. The first branch in L a h o r e w a s o p e n e d i n 1 6 th
A p r i l 1 9 9 2 a n d s e c o n d b r a n c h i n K a r a c h i c a m e i n t o business on 9 th
M a y 1 9 9 2 . T h e h e a d o f f i c e i s i n L a h o r e a n d t h e c e n t r a l o f f i c e i s i n Karachi.
The authorized and subscription capital is Rs.300 million Out of which Rs.150
million was distributed by Feerasta Family and Rs.150 million worth share
was offer to general public. The bank is engaged in banking services as described in the
banking companies ordinance, 1962 and operates with 266 branches including 16
islamic branches.
VISION STATEMENT
To better serve customers to help them and the society grow.
“Stronger banking relationships, increasing customer confidence”
MISSION STATEMENT
We Provide Innovative and Efficient Financial Solutions to our Customers.
“We have more time for you”
 Core Values

 We are Customer-centric
 We have High Moral Standards
 We take Ownership
 We are Proactive
 We Collaborate

Board of Directors
THE BOARD OF DIRECTORS
S. No. Name of the Director Designation

01. Mr. Alauddin Feerasta Chairman

02. Mr. Mohammad Aftab Manzoor President & CEO

03. Mr. Nooruddin Feerasta Director

04. Mr. Muhmmad Rashid Zahir Director

05. Mr. Amar Zafar Khan Director

06. Mr. Syed Ali Zafar Director

07. Mr. Manzoor Ahmed Director (NIT Nominee)

S. No. Name of the Director Designation

08. Mr. Shahid Anwar Director (NIT Nominee)

Product and Services

Soneri Bank offers a diverse range of products &

services to cater to the growing banking needs of our
customers. Our brand promise “Roshan Har Qadam”
manifests our commitment to constantly innovate our
product suite to best match the personal & business
needs of our customers, including Commercial, Retail
& Corporate segments.

Cash Management:
We at Soneri Bank offer full range of products and services to efficiently process your
receivables and payables by catering all your cash management requirements under
one platform.
Bank offers a wide range of collection products to optimize your cash flow positions
including cheques collection, cash collection and electronic collection. With support of
our countrywide branch network and our specialized MIS, we provide quick and efficient
realization of receivables.
. As a unique feature, our bank is fully equipped to manage all RTGS requests of clients through
internet to ensure timely transfer of funds, being time bound transaction, and save time required in
manual processing

Retail Banking:
Soneri Bank Limited offers a full range of Retail Banking services.
 Current Account:
PKR Current Accounts: Customers can open any PKR Current Account for their day-to-day banking
needs and enjoy the convenience of Banking offered via 246 online branches and a growing ATM
network of 263 machines across the country. Our popular Rupee Current Accounts include

Features:

 Free Banker’s Cheque Issuance

 Free Personalized Cheque Book
 Free VISA Classic Debit Card
 Free Online Banking (Funds Transfer / Cash Deposit / Cash withdrawal within Soneri
Bank)
 Free ATM Cash withdrawals from any Soneri Bank ATM
 Free Funds transfer through Internet / Phone / Mobile Banking within Soneri Bank
 Free Duplicate Statement of Account
 * Free ATM withdrawal coverage – Soneri Tahaffuz
 * Free Worldwide Accidental coverage

Soneri Asaan Account:

Soneri’s Asaan account is a simple banking solution that has no minimum balance requirement. It
offers Free Accidental Insurance Coverage, to protect you against unforeseen circumstances.
 Features and Ficilities:
Currency PKR

Type Current or Saving

Eligibility Individual (Single or Joint)

Transaction Total Debits Per Month: PKR 500,000/-

Limits
Maximum Credit Balance: PKR 500,000/-

 Free Visa Debit Classic Card (only on average balance of PKR 20,000 or above)
 Cheque-book on demand
 Internet Banking, Mobile Banking & SMS Alerts facilities (subject to eligibility)
 Account Statements (as per requirement)
 Free Accidental Insurance Coverage in case of death or permanent disability

Saving account:
PLS Savings Account is a simple, straightforward deposit account with great convenience. The
account may be opened with any amount as there is no minimum balance requirement. Soneri Bank
offers a variety of Savings products for salaried persons or those who have a fixed regular income to
encourage savings. We also have Savings Accounts for senior citizens and pensioners. Some of our
Savings products include:
 Features and Benefits:

 No minimum balance is required to qualify for profit

 Calculation of profit on PLS Savings Account is computed for each calendar month on the monthly
average balance
 Free Cash Deposit and Withdrawal facilities through your bank branch
 Free Clearing facility to deposit cheques of other banks within the city
 Zakat is deductible from account, however Zakat exemption forms are accepted

Basic Bank Account:

Soneri Bank Limited introduced Basic Banking Account Scheme on July 01, 2006. The
salient features of the Scheme include:

 Basic Banking Accounts may be opened in the Pak Rupees by individuals including
minors under
 Initial deposit for account opening is Rs.1,000
 Maximum two deposit transactions and two chequing transactions are allowed, per
month
 Rs.25/- will be charged on each additional transaction through cheques, during the
month
 No minimum balance requirement is applicable
 Basic Banking Account is non-profit bearing account
 Consumar Finance

Soneri Car Finance:

Now you can become the owner of a brand new car through Soneri Car Finance Scheme. Soneri
Bank Limited offers Car Finance facility up to Rs.2,000,000/-, repayable in 5 years in equal monthly
installments.

Features and Benefits:

 Fast and hassle-free application processing

 Zero processing fee on declined application
 Down payment is required once loan is approved
 Option of Used and Reconditioned Car is also available
 Partial Payment option
 Early Settlement options

Eligible Borrowers:

 Salaried Persons
 Self Employed Professionals
 Business Persons
 Agriculturists
 Rental Income Individuals
 SME’S

Soneri speed Finance:

Soneri Speed Finance is focused towards providing quick and flexible financing solutions to SMEs
for meeting business needs. Main features of this products are as follows:

 Facilities i.e. Running Finance, Term Finance, Letter of Credit, Delivery of Documents against
Acceptance and Letter of Guarantee are being offered under this product.
 Facility is primarily secured against liquid security i.e. Bank Deposits with Soneri Bank (LCY & FCY
Term Deposits, Cash Margin, Lien on A/c), Govt. Securities (DSC/SSC/RIC).
 Market competitive pricing will be offered.
 Financing against any single borrower is ranging from Rs. 1 Million to Rs. 150 Million.
 Borrower should meet the requirements of Bank’s policy and SBP’s Prudential
Regulations/policies/instructions.

Soneri Speed Finance may also be availed by individuals and other business segments to meet their
financing needs.
Soneri bank IT system
ATM/visa debit card: Soneri VISA Debit Card brings you a hassle-free experience
of spending and making payments countrywide.
Internet banking: Soneri Bank Direct Internet Banking manages your financial
accounts now a click-away. The convenience of accessing your accounts 24×7
anytime and anywhere makes it easier for you to do various transactions such as
paying utility bills, transferring funds and viewing your account information etc.
Phone banking: You can conduct your banking from anywhere and at any time
you want.
Dial 111 SONERI (111-766374) to reach our Customer Services Call Center. With
Phone Banking, you can access all the information you need without having to
make a trip to the branch.
Mobile banking: Soneri Bank customers can avail the ‘Soneri Mobile Banking’
services and access their account anytime and anywhere via their mobile phones.