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Chapter – 10 Implementation Plan



From the above recommendation, two recommendations are selected for implantation



Implementation of this financing scheme is initiated to provide long term loans to the
general public for buying their own car in easy installments. This financing scheme will
help bank to increase its revenue immensely

10.1.1 Rules and regulations

Name of finance Mare Gare Car Financing

Minimum amount of finance Rs. 300000

Maximum amount of finance Rs. 1500000

Rate of Mark up (on daily product basis) Rs. 0.43 per Rs. 1000

Period of finance 3 or 5 years

Repayment to Bank Quarterly (12 or 20 equal installments)

10.1.2 Documents required for extension for loan

Documents of title to car.

Bank monitoring team approval certificate.

Car dealer certificate of authentication.


Chapter – 10 Implementation Plan

10.1.3 Securities Required for Extension of Loan

To ensure the safe recovery of loan the car will be hypothecated.

Guarantee of two 17th grade government or semi government officer.

Personal liability of the borrower.

10.1.4 Finding out Quarterly Installments

Mark up will be calculated for the whole time period and will be added to the principle
amount. The total of that will be divided by number of installments to get the amount for
each installment

The formula for extracting mark up is

Mark up =F*R(1+N)



F = Total amount of financing

R = Rate of mark up for one year

N = Total number of installments

M = Number of installments in one year

Chapter – 10 Implementation Plan

Case study

Amount of finance Rs. 200000

Rate of mark up Rs. 0.43 per 1000

Total number of installments 20 (5 years)

Number of installments in one year 4

Rate of mark up for one year ® = .43 * 365/1000


Mark up for the whole financing will be

Mark up = 200000 * 0.157*(1+20)


= Rs. 82425

Now the quarterly installments will be

Quarterly installment = principal amount + total markup

Total installments

=200000 + 82425 / 20 = Rs. 14121/-

The borrower will pay Quarterly installment of Rs. 14121/-

Chapter – 10 Implementation Plan

10.2 Implementation plan for NBP Hayatabad branch “Telephone


The ingredients of the implementation plan are.

• Need/problem at the branch.

• Qualities of a telephone operator

• Benefits of a telephone operator.

• How the need created and bank’s staff decision.

• The implementation plan cost.

10.2.1 Need problem at the branch.

Every organization has some problems. NBP Hayatabad branch has the problem of
telephone operator. It can save the precious time of not only manager but other staff as
well. On the other hand bank’s communication system was not doing well overall.
Therefore as an internee I felt that there should be a telephone operator who can easily
handle this situation.

10.2.2 Benefits of the telephone operator

• It saves precious time of the manager and staff members.

• It saves the time of the customers.

• Creates good impression on the customer.

• Communication within the bank improves.

• Communication of Bank with outside enhances.

Chapter – 10 Implementation Plan

10.2.3 How the need was created

The need for telephone operator was created because the staff members would have to
leave their work and attend the telephone but some times it would be a wrong call,
other’s call or the calls which they wanted to avoid this would not only waste their time
but also affect their performance a great deal. Therefore they think it’s useful to have a
spare person for this facility.


1- Cost of HRM department

Advertisement in newspaper cost 4000

Selection cost 10000

Training cost 12000

Total HRM cost 26000

2- Telephone networking

Additional telephone sets 2500

Cable (Rs. 5/ foot, 5*800) 4000

Telephone mechanic 2000

Labor 2000

Separate cell cost 5000

Other expenses 2000

Total networking 17500

Total action plan cost 435000