Assignment NO1

Consumer Banking

Submitted To:

Ahsan Naveed

Submitted By:

Adnan Sajid
100645-011
Aamir Saleem
100645-007

University Of Management & Technology.

Historical Review:

Bank Alfalah Limited was incorporated on June 21st, 1992

as a public limited company under the Companies
Ordinance 1984. Its banking operations commenced from
November 1st, 1997. The bank is engaged in commercial
banking and related services as defined in the Banking
companies ordinance, 1962. The Bank is currently
operating through various branches in Pakistan, Bahrain,
Bangladesh & Afghanistan, with the registered office at
B.A.Building, I.I.Chundrigar, and Karachi.
Since its inception, as the new identity of H.C.E.B after
the privatization in 1997, the management of the bank has
implemented strategies and policies to carve a distinct
position for the bank in the market place.
Strengthened with the banking of the Abu Dhabi Group
and driven by the strategic goals set out by its board of
management, the Bank has invested in revolutionary
technology to have an extensive range of products and
services.
This facilitates our commitment to a culture of
innovation and seeks out synergies with clients and service
providers to ensure uninterrupted services to its
customers. We perceive the requirements of our customers
and match them with quality products and service
solutions. During the past five years, we have emerged as
one of the foremost financial institution in the region
endeavouring to meet the needs of tomorrow today.

Vision:
To be the premier organization operating locally &
internationality that provides the complete range of
financial services to all segments under one roof.
Mission:
To develop & deliver the most innovative products,
manage customer experience, deliver quality services that
contributes to brand strength, establishes a competitive
advantage and enhances profitability, thus providing value
to the stakeholders of the bank.

Consumer Finance at Bank Alfalah

Consumer Finance at Bank Alfalah comprises of the
following four segments:
• Credit Cards
• Home Loans
• Auto/Vehicle Loans
• Debit Cards
Competitors :
• HBL car finance
• Meezan Bank
• UBL drive
• Faysal Bank

Benefits & Features:

• Quickest processing.
• No hidden charges.
• Minimum down payment.
• Complete repayment at any point of time.
• Tenure period ranging from 1 to 5 years.
• Financing of all brand new locally assembled vehicles
and used cars.

Financing limit ranging between Rs. 200,000/- to Rs.

2000,000/- for brand new cars.
Corporate & Individual Car Leasing
BAL’s recently introduced car leasing facility for individuals
and corporate sector has set new dimensions for the
product. Now you are provided with the option of either to
get the vehicle leased or financed.

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

How Much Extra Money Being Paid? {Mark-

Up}
Corporate Discount Rate
A Corporate Discount of 0.5% shall continue to
apply on all above mentioned rates.
Bank Alfalah's mark-up rates are as follows :
Financing Product 1Yr 2Yr 3Yr 4Yr 5Yr

Car Loan for Brand New Vehicles
Car Loan for Brand New Imported Vehicles
Band New Semi Commercial Vehicles (locally
manufactured)
Second Hand Vehicles
17.50% 17.50% 18.00% 18.50% 18.50%
19.00% 19.00% 19.00% 19.00% 19.00%
20.00% 20.00% 20.00% 20.00% 20.00%
21.00% 21.00% 21.00% 21.00% 21.00%

Corporate Discount Rate

A Corporate Discount of 0.5% shall continue to apply on
all above mentioned rates.
Repayments
Easily affordable installments on monthly basis in the form
of post-dated cheques will set you free of depositing your
rental cheques every month.

Security
Hypothecation of vehicle in the name of Bank Alfalah
Limited.
You Can Act As A Co-Borrower
Acting as a co-borrower will enable your family members
{spouse, children- 18 year and above} to avail the
financing facility and get the car registered in their names
as well.
 PRI
BRAND CC MODEL FREIGHT
CE
DAIHATSU CUORE 847 CL-STD 569, 10,000
000
847 CL-STD-ECO 609, 10,000
000
847 CX 619, 10,000
000
847 CX-METALLIC 625, 10,000
000
847 CX-ECO 664, 10,000
000
847 CX-ECO- 669, 10,000
METALLIC 000
847 CX-AUTO 589, 10,000
000

Documentation: 847 CX-AUTO-

METALLIC
654,
000
10,000

• Two passport size photographs.

847 CX-AUTO-Non.m- 704,
CNG
10,000
000

• Copy of National ID card.

847 CX-AUTO-
METALLIC-CNG
709,
10,000
000
TOYOTA COROLLA 129 XLI 1,23
12,000
• Bank statement for the last six months.
9 9,00
0
• Salary certificate {for salaried individual}.
129 GLI 1,35
12,000
9 4,00
• Business proof {for a business person}. 0
180 ALTIS 12,000
• N.T.N Certificate. 0
180 ALTIS MT 1,63
12,000
Co-borrower’s NIC copy {if the car is to be in the name of
0 9,00
0
the co-borrower}. 180 ALTIS MT SR 12,000
0
180 ALTIS AT 12,000
0
Installment 197 2.0 D
5
1,28
7,00
12,000

Calculator: 197 2.0 D-SALOON

0
1,63 12,000
5 9,00
0
Car Option 197 2.0 D-SALOON SR 1,72 12,000
5 4,00
0
TOYOTA CAMRY 236 AUTO 25,000
Total Value 2
MEHRAN 796 VX 433, Rs.
8,000
000
Down Payment 796 VX-METALLIC 438, 8,000
000
796 VX CNG 479, Rs.
8,000
000
Financing (Bank's participation)
796 VX-METALLIC 484, 8,000
CNG 000
Rs.
796 VXR 480, 8,000
Total financing Tenor 000 12 Months
796 VXR-METALLIC 485, 8,000
000
796 VXR CNG 525, 8,000
Mark-Up Rate Options 000
796 VXR-METALLIC 530, %
8,000
CNG 000
ALTO 970 VXR 588, 8,000
000
970 VXR-METALLIC 593, 8,000
000
970 VXR CNG 637, 8,000
000
970 VXR-METALLIC 642, 8,000
 000
993 VXR-METALLIC 755, 8,000
000
993 VXR CNG 790, 8,000
000
993 VXR-METALLIC 795, 8,000
CNG 000
993 VXL 810, 8,000
000
993 VXL-METALLIC 815, 8,000
000
993 VXL CNG 857, 8,000
000
993 VXL-METALLIC 862, 8,000
CNG 000
RAVI 796 STD 441, 8,000
000
796 STD-CNG 489, 8,000
000
BOLAN 796 VTR 497, 8,000
000
796 STD VTR 502, 8,000
METALLIC 000
STD CNG 549, 8,000
000
STD CNG 554, 8,000
METALLIC 000
796 VTR GL 557, 8,000
000
796 VTR GL METALLIC 562, 8,000
000
796 VTR GL CNG 606, 8,000
000
796 VTR GL CNG 611, 8,000
METALLIC 000
LIANA 132 RXI MT 952, 8,000
6 000
132 RXI MT CNG 1,02 8,000
6 4,00
0
132 LXI MT 1,01 8,000
6 5,00
0
132 LXI CNG 1,08 8,000
6 1,00
0
160 Eminent AT 1.6 L 1,08 8,000
0 6,00
0
APV CBU 150 1.5L GLX MT 1,62 10,000
0 0,00
0
150 1.5L GLX CNG 1,67 10,000
0 5,00
0
JIMNY CBU 132 JLX 1,75 10,000
8 0,00
0
132 JLSX MT 1,49 10,000
8 5,00
0
132 JLDX MT 1,62 10,000
8 0,00
0
HYUNDAI SANTRO 100 PRIME Disc 10,000
0 -
Con
t
100 PRIME-GV Disc 10,000
0 -
Con
t
100 CLUB ----- 10,000
0
100 CLUB-GV 759, 10,000
0 000
100 EXECUTIVE Disc 10,000
0 -
Con
t
100 EXECUTIVE-GV 839, 10,000
0 000
SHEHZORE 260 STD ----- 11,000