Hassam Patoli

(BBA Graduate)

Soneri Bank Ltd.
(Types of Accounts)
Commercial Banking Accounts
A. Saving Account:
There are two types of saving accounts, following are: • • PLS Saving Soneri Saving

1) PLS Savings (Profit & Loss Savings Account)
PLS Savings Bank Account is a simple, straight forward Savings Bank Account with a great convenience for individuals (in single or joint names) minors (to be operated by the guardian) charitable institutions, provident fund and other funds of benevolent nature local bodies, autonomous corporations, limited companies, firms associations, educational institutions, etc. The account may be opened with any amount; however accounts with average monthly balance below Rs.5000- on any day shall be subject to Service Charges as per our Schedule of Charges in force The PLS Savings Account entitle Account Holder to avail amazing facilities such as:
• • • • • • • • • •

Chequing Account facility with no limit on a number of transactions Free Cash Deposit and Withdrawal facilities through your bank branch Free Clearing facility to deposit cheques of other banks within the city Online Funds Transfer through Cheques to any account across Pakistan through your bank branch Online Cash Deposit, Withdrawal and Funds Transfer through cheques from any of our branch across Pakistan Remittance facilities such as Payment Orders, Demand Draft, Telegraphic Transfers and Free Rupee Traveler’s Cheque through your bank branch Standing Orders facilities Safe Deposit Locker at designated branches Statement of Account on six monthly basis Usage of Electronic Banking through:
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000/. 2013 Period: January .June.from designated branches without Cheque Book Free 24-hours Telephone Banking and Call Centre facility Free 24/7 Online Funds Transfer to any customer of Soneri Bank through ATMs owned by Soneri Bank 24/7 Online Inter Bank Funds Transfer through ATMs owned by Soneri Bank to any account of increasing list of enabled 1 LINK member banks Utility Bill Payments through ATM.Hassam Patoli (BBA Graduate) o o o ATMs across Pakistan owned by Soneri Bank and other banks Shopping/purchasing/payments through outlets displaying ORIX sign Free Online Cash Withdrawal facility up to Rs.a. Internet Banking and Call Centre Free 24/7 Internet Banking o o o o o • • • • All purchases and cash withdrawals made with the Soneri Banking Cards is deducted directly from your bank account Free Cash Withdrawal on ATMs owned by Soneri Bank Govt. 2013 PLS Savings Accounts: • Rate of Return 6.00% p. 2|Page . Withholding Tax apply on all cash withdrawals and profit credited into account Zakat is deductable from Account however Zakat exemption forms are accepted Sharing Profit/loss: • • No minimum balance is required to qualify for profit Provisional rates are announced on a six monthly basis however profit/loss earned/incurred on PLS Savings Bank Accounts are determined by the Bank at its sole discretion on the basis of its net working result at the end of each half-year/ year Calculation of products on PLS Saving Bank Accounts is computed for each calendar month on the lowest credit balance in an account Profit/loss earned/incurred on PLS Savings Bank Accounts are credited/debited on a six monthly basis within a reasonable time from the date of the close of half-yearly/ yearly books of accounts of the Bank • • Provisional Rates: Annualized rates of expected profit for different types of PLS deposits. Effective: January 1. 300.

charitable institutions. Profit paid bi-annually. provident fund and other funds of benevolent nature local bodies. 300.A 2) Soneri Savings Soneri Savings Account is a flexible and fast growing cumulative profit account with a great convenience for individuals (in single or joint names).00% P.A 6. educational institutions etc. Demand Draft. autonomous corporations.Hassam Patoli (BBA Graduate) • • Regular Chequing Account. Special Notice Deposits: # 1) 2) Period 7 days 30 days Rate of Return 6. The rate of Profit in this savings scheme increases as your balance increases without demanding and negotiating with us. The account may be opened with any amount.000/. Soneri Savings Bank Account entitles Account Holder to avail amazing facilities such as: • • • • • • • • • • Chequing Account facility with no limit on a number of transactions Free Cash Deposit and Withdrawal facilities through your bank branch Free Clearing facility to deposit cheques of other banks within the city Online Funds Transfer through Cheques to any account across Pakistan through your bank branch Online Cash Deposit. Telegraphic Transfers and Free Rupee Traveler’s Cheque through your bank branch Standing Orders facilities Safe Deposit Locker at designated branches Statement of Account on six monthly basis Usage of Electronic Banking through o o o ATMs across Pakistan owned by Soneri Bank and other banks Shopping/purchasing/payments through outlets displaying ORIX sign Free Online Cash Withdrawal facility upto Rs. Withdrawal and Funds Transfer through cheques from any of our branch across Pakistan Remittance facilities such as Payment Orders. limited companies. firms associations. minors (to be operated by the guardian).00% P.from designated branches without Cheque Book 3|Page .

0 Million 2) Over Rs.Hassam Patoli (BBA Graduate) o o Free 24-hours Telephone Banking and Call Centre facility Free 24/7 Online Funds Transfer to any customer of Soneri Bank through ATMs owned by Soneri Bank 24/7 Online Inter Bank Funds Transfer through ATMs owned by Soneri Bank to any account of increasing list of enabled 1 LINK member banks Utility Bill Payments through ATM. 2013.0 Million . Effective: January 1. # Balance Rate of Return P. 10.0 Million but up to Rs.00 % 6. 50. Internet Banking and Call Centre Free 24/7 Internet Banking o o o • • • • All purchases and cash withdrawals made with the Soneri Visa Debit Cards is deducted directly from your bank account Free Cash Withdrawal on ATMs owned by Soneri Bank Govt.25 % 4|Page 1) Up to Rs. Withholding Tax apply on all cash withdrawals and profit credited into account Zakat is deductable from Account however Zakat exemption forms are accepted Sharing Profit/loss: • • No minimum balance is required to qualify for profit Provisional rates are announced on a six monthly basis however profit/loss earned/incurred on Soneri Savings Accounts are determined by the Bank at its sole discretion on the basis of its net working result at the end of each half-year/ year Calculation of products on Soneri Savings Accounts is computed on daily product basis Profit on Soneri Savings Accounts is credited on a monthly basis on the provisional rate of Profit • • Provisional Rates: Annualized rates of expected profit for different types of PLS deposits. • • Operational facility like Current Accounts without any restriction on amount and number of Cheques. 2013. Period: January . 10.A 6. Profit paid on monthly basis on daily products.June.

50% Profit will be paid on monthly minimum balances Free VISA Classic Debit Card Utility Bill payments through the Call Center Half Yearly accounts statement Personalized cheque book C. Additional withdrawals through cheques in a calendar of month shall be subject to service charge @ Rs. No minimum balance requirement is applicable. Minimum deposit Requirement: none Attractive return of 8. 4 withdrawals from a Basic Banking Account through cheques in one calendar month are free of service charges. Basic Banking Account: Soneri Bank Limited introduces Basic Banking Account Scheme with effect from July 01. Soneri Banking Cards for the use of Bank's Electronic Banking Service are issued without charges for one time issuance of the cards.50% B. In case of joint accounts.0 Million 6.0 Million to Rs.0 Million to Rs.0 Million 6) Over Rs.per additional cheque.0 Million 5) Over Rs.100 Million 4) Over Rs. 500. 50. either of the account holders should be at least 60 years of age.Hassam Patoli (BBA Graduate) 3) Over Rs. 250. 250. Salient feature of the Scheme are: • • • • • Basic Banking Accounts may be opened in the Pak Rupees by individuals including minors under guardianship.50% 6. The accounts may be opened by initial deposit of any amount. If you are 60 years old.75% 8.00% 8. 100.0 Million to Rs. Soneri Sahara Account: Soneri Bank offers a saving account for its senior account holders so you may retire with a smile. • 5|Page . 25/.500. Basic Banking Account is non-profit bearing account. • • • • • • • • A savings account for 60 years old & above. 2006. you can open a Soneri Sahara Account with no minimum balance requirement.

Demand Draft. educational institutions. Individuals who already maintain PLS Saving Accounts/ Current Accounts with Soneri Bank's branches may convert their accounts into Basic Banking Account. limited companies. charitable institutions. Current Account: Current is a non-profit account. Govt. Withholding Tax applies on all cash withdrawals.Hassam Patoli (BBA Graduate) • • • Unrestricted numbers of withdrawals from the account through ATMs are permissible subject to applicable per day withdrawal limit for amounts in force. autonomous corporations. however accounts with average monthly balance below Rs. Current account may be opened with any amount. Cash withdrawals from Soneri Bank's ATMs are free of Service Charge. Accounts have -NIL. Export and other business transactions Standing Orders facilities 6|Page . Use of another bank's ATMs shall be subject to Service Charges applicable. Withdrawal and Funds Transfer through cheques from any of our branch across Pakistan Remittance facilities such as Payment Orders. Basic Banking Account holders may also use Soneri Bank's other Electronic Banking Services subject to completion of applicable formalities which shall be subject to applicable Service Charges. flexible account with a great convenience for individuals (in single or joint names). • • • • D. 000.balances for six consecutive months shall be closed without prior intimation. etc. Current Account entitles account holder to avail amazing facilities such as: • • • • • • • • • Chequing Account facility with no limit on a number of transactions Free Cash Deposit and Withdrawal facilities through your bank branch Free Clearing facility to deposit cheques of other banks within the city Online Funds Transfer through Cheques to any account across Pakistan through your bank branch Online Cash Deposit.on any day shall be subject to Service Charges as per our Schedule of Charges in force. minors (to be operated by the guardian).10. Please contact any Soneri Bank branch for further details. firms. Telegraphic Transfers Rupee Traveler’s Cheque through your bank branch Import. associations. Statements of Accounts are provided once a calendar year at the year ends.

etc. Internet Banking and Call Centre Free 24/7 Internet Banking o o o o o • • • • All purchases and cash withdrawals made with the Soneri Banking Cards is deducted directly from your bank account Free Cash Withdrawal on ATMs owned by Soneri Bank Facility of Running Finance can be requested for specific purpose against collaterals and nominal markup rates being charged on quarterly basis Govt. flexible account with a great convenience and Multiple FREE Services for individuals (in single or joint names).Hassam Patoli (BBA Graduate) • • • Safe Deposit Locker at designated branches Statement of Account on six monthly basis Usage of Electronic Banking through: o o o ATMs across Pakistan owned by Soneri Bank and other banks Shopping/purchasing/payments through outlets displaying ORIX sign Free Online Cash Withdrawal facility up to Rs.000/. Withholding Tax apply on all cash withdrawals All purchases and cash withdrawals made with the Soneri Visa Debit Cards is deducted directly from your bank account. 50. 300. educational institutions. Ikhtiar Current Account: Ikhtiar current is a non-profit account.000/. autonomous corporations. firms. 50. minors (to be operated by the guardian). limited companies. associations. charitable institutions.is mandatory. Ikhtiar Current Account entitles account holder to avail amazing facilities such as: • • Chequing Account facility with no limit on a number of transactions Free Cash Deposit and Withdrawal facilities through any bank branch 7|Page . To avail free facilities maintenance of balance on or above Rs. Ikhtiar current account may be opened with minimum amount of Rs.from designated branches without Cheque Book Free 24-hours Telephone Banking and Call Centre facility Free 24/7 Online Funds Transfer to any customer of Soneri Bank through ATMs owned by Soneri Bank 24/7 Online Inter Bank Funds Transfer through ATMs owned by Soneri Bank to any account of increasing list of enabled 1 LINK member banks Utility Bill Payments through ATM. E.000/-.

from designated branches without Cheque Book Free 24-hours Telephone Banking and Call Centre facility Free 24/7 Online Funds Transfer to any customer of Soneri Bank through ATMs owned by Soneri Bank or through Soneri-Direct (internet Banking) 24/7 Online Inter Bank Funds Transfer through ATMs owned by Soneri Bank or through Soneri-Direct (internet Banking) to any account of participating 1 LINK member banks Free Payments of Utility Bills through ATMs owned by Soneri Bank or through Soneri-Direct (internet Banking) Free 24/7 Internet Banking o o o o o • • • No one-time and annual fee on VISA Classic Debit Card All purchases and cash withdrawals made with the VISA Classic Debit is deducted directly from your bank account Free Cash Withdrawal on ATMs owned by Soneri Bank 8|Page .Hassam Patoli (BBA Graduate) • • • • • • • • • • • Free Clearing facility to deposit cheques of other banks within the city Free issuance of Pay orders Online Funds Transfer through Cheques to any account across Pakistan through your bank branch Online Cash Deposit. Export and other business transactions Standing Orders facilities Safe Deposit Locker at designated branches Statement of Account on six monthly basis Usage of Electronic Banking through: o o o o ATMs across Pakistan owned by Soneri Bank and other local banks ATMs internationally displaying VISA or plus logo Shopping/purchasing/payments through outlets displaying VISA sign Free Online Cash Withdrawal facility up to Rs. Telegraphic Transfers Rupee Traveler’s Cheque through your bank branch Import. Demand Draft. Withdrawal and Funds Transfer through cheques from any of our branch across Pakistan Remittance facilities such as Payment Orders. 300.000/.

withdrawals. Companies. B. and will be displayed on notice board. Weightages declared at periodically intervals to be announced on the web-site. and Trusts etc. Fund utilized by the bank in accordance with Shariah Principles under the supervision of proficient Shariah Advisor. Withholding Tax applies on certain transactions Islamic Banking Accounts A. Corporate. 9|Page . partnerships. with following unique facilities: • • • • • • • No limit for minimum or maximum balance. ATM Card / Debit Card and Utility Bills Payment. Companies. On-line Banking. Soneri Jari Account (Current Account): Soneri Jari Account. • • • • • • • • Profit calculated on monthly average and distributed on monthly basis. Joint Account holders. on the basis of Shariah Principles of Mudarabah with the following unique facilities. Country wide cash deposit / withdrawal facility. on the basis of Qardh may be opened by individuals. Country wide cash deposit / withdrawal facility. partnerships. funds transfers. Trusts etc.Hassam Patoli (BBA Graduate) • • • Free SMS Alerts on cash deposits. Corporate. ATM Card / Debit Card and Utility Bills Payment. Telephone banking. Personalized Cheque book facility with no restriction on number of transaction. Personal Financial Consultancy Services for Islamic Banking Products. Joint Account holders. Banker’s Cheque payable country wide. Soneri Bachat Account (Saving Account): Profit & Loss Sharing Soneri Bachat Account may be opened by individuals. On-line Banking. Personalized Cheque book facility with no restriction on number of transaction. Telephone banking. Facility of Running Finance can be requested for specific purpose against collaterals and nominal markup rates being charged on quarterly basis Govt. Banker’s cheque payable country wide. inward cheque clearing returns and Purchase transactions etc. No limit for minimum or maximum withdrawal amount within the available balance. No limit for minimum or maximum withdrawal amount within the available balance.

Joint Account holders. Personal Financial Consultancy Services for Islamic Banking Products. on the basis of Shariah Principles of Mudarabah with the following unique facilities. Soneri Meaadi Account: Profit & Loss Sharing Soneri Meadi Account may be opened by individuals. Soneri Munafa Account (Saving Account): Profit & Loss Sharing Soneri Munafa Account may be opened by individuals. ATM Card / Debit Card and Utility Bills Payment. C. Fund utilized by the bank in accordance with Shariah Principles under the supervision of proficient Shariah Advisor. Profit will be calculated on daily product basis.. Telephone banking. and Trusts etc. Joint Account holders. half yearly. monthly. Companies. 10 | P a g e . Personalized Cheque book facility with no restriction on number of transaction. Weightages declared at periodically intervals to be announced on the web-site. D. Weightages on the basis of tenor and option of profit payment will be announced monthly. on the basis of Shariah Principles of Mudarabah with the following unique facilities. Corporate.Hassam Patoli (BBA Graduate) • • Free Statements of Account after every six months. and will be displayed on notice board. No limit for minimum or maximum withdrawal amount within the available balance. • • • • Profit payment at the option of client i. and Trusts etc. Fund utilized by the bank in accordance with Shariah Principles under the supervision of proficient Shariah Advisor. quarterly. • • • • • • • • • • • • No Minimum amount for account opening. Banker’s Cheque payable country wide. Companies. partnerships. Free Statements of Account after every six months. Country wide cash deposit / withdrawal facility. On-line Banking.e. yearly or on maturity. Corporate. Profit calculated on the basis of weightages for different tiers to benefit higher balance with higher return. Personal Financial Consultancy Services for Islamic Banking Products. partnerships. Net profit (after deduction of expenses & management fee) to be shared on the basis of weightages.

Apart from the regular services available to Islamic account holders the following additional benefits would be available to Soneri Aasaan account holders subject to maintenance of Rs. _____________________ 11 | P a g e .Hassam Patoli (BBA Graduate) • • Personal Financial Consultancy Services for Islamic Banking Products. Service charges on issuance of Pay orders to the debit of the account shall be waived Free On-Line banking service. • • • • • • • Annual Fee waiver on Visa Classic Debit Card. Soneri Aasaan Account: Aasaan account is opened on the basis of Mudarabah where the customer functions as a Rabb ul Maal (investor in Mudarabah) and the Bank acts as the Mudarib (Manager of the Mudarabah). 100. In case the average balance falls below Rs 100. Note: Services listed under (v) and (vii) above would only be available to customers who have issued Soneri Bank Visa debit card.The customer not only gets return on his investments through deployment of funds in Shariah compliant modes but also benefits from a range of free services catering to his banking needs.000/. Visa Gold Debit cards will be subject to recovery of Annual Fee.average balance.any or all above referred free services used in the next month shall be subject to recovery of applicable service charges in force. Cheque book issuance charges will be waived Free SMS alert service Free funds transfer facility within Soneri bank branches through our Internet banking service Free utility bill payment through Soneri bank internet service. E. Some of the facilities for Jari account are also applicable here.000/.

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