INTERNSHIP REPORT ON 23 23

MCB BANK LIMITED 23 23

Internship Report submitted to the Faculty of Management & Administrative Sciences

23 23 23 23 23 23 23 23 23 23

23 to Fulfillment the Requirements for the Degree of Master of Business

23 23 23 23 23 23 23 23 23 23 23

Administration.

BY:
Name of Student: 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Mehran Riaz 23

Roll Number: 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 17232720-016

Program & Session: 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 MBA (2017-2021)
23

UNIVERSITY OF GUJRAT 23 23

Date of Submission
23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 17.07.2020

Name of Program Coordinator __________________

23 23 23 23

Signature of Program Coordinator_________________

23 23 23

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 ACKNOWLEDGEMENT

“First of all, I thank to Allah

23 23 23 23 23 23

Who is the holder of my breaths?

23 23 23 23 23 23

Without his order nothing is possible. I am

23 23 23 23 23 23 23

Highly thankful to my respectable parents, teachers and

23 23 23 23 23 23 23

Friends who were my supporter throughout my study

23 23 23 23 23 23 23

Career, further I thank all the employees of the

23 23 23 23 23 23 23 23

MCB BHIMBER AZAD KASHMIR branch Ltd, where

23 23 23 23 23 23

I have done my internship”

23 23 23 23

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23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 DEDICATION

“I dedicate my work & efforts first of all to ALLAH Almighty and

23 23 23 23 23 23 23 23 23 23 23 23 23

His beloved Prophet (P.B.U.H) and my Parents with dedication, love and
23 23 23 23 23 23 23 23 23 23 23

gratitude without whom caring support it would not have been possible”
23 23 23 23 23 23 23 23 23 23

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 TABLE OF CONTENTS
23 23

Topic Page#
Executive Summary…………………………………………… 23 6
Part 1: 23 7
23 Introduction…………………………………………………… 7
23 Overview of the organization………………………………. 23 23 23 8
23 Mission & Vision…………………………………… 23 23 8
2 Core Values…………………………………………
23 23 8
9
23 23 23 23 23 23 23 23 23 23 23 23 23 23

Competitors…………………………………………
9
Brief History………………………………………………….
23

23 23 23 23 23 23 23 23 23 23 23 23 23 23
9
History………………………………………………. 10
Today MCB………………………………………….
23 11
Nature of Organization…………………………………….
23 23 11
Segments of MCB…………………………………. 23 23 13
Business volume, Rewards, Success Stories……………
23 23 23 23 13
Business Volume…………………………………… 23 14
Rewards & Honor…………………………………… 23 23 15
Products/ Services lines……………………………………. 23 23 15
Personal banking……………………………………. 23 21
Corporate banking…………………………………... 23 22
3 Online Services………………………………………
23 24
Virtual banking……………………………………….
23 24

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 Islamic banking………………………………………
23 25
PESTL Analysis…………………………………………….
23 25
Political & legal………………………………………
23 23 26
27
23 23 23 23 23 23 23 23 23 23 23 23 23 23

Economic…………………………………………….
23 23 23 23 23 23 23 23 23 23 23 23 23 23
28
Social…………………………………………………
29
23 23 23 23 23 23 23 23 23 23 23 23 23 23

Technological……………………………………….
31
34
23 23 23 MCB contribution towards economic development………
23 23 23 23

35
23 Organizational Structure……………………………………… 23

35
23 23 23 Hierarchy Chart of MCB……………………………………. 23 23 23

35
23 23 23 No. of Employees…………………………………………….
23 23

37
23 23 23 Main Offices………………………………………………….
23

23 23 23 Introduction of all departments……………………………. 23 23 23

39
23 23 23 Comments on Organization………………………………… 23 23

39
Part 2: 23

40
23 Introduction of branch………………………………. 23 23

47
23 23 Details of supervisor…………………………………
23 23

47
3 23 Weekly Timetable……………………………………
23

49
3 23 Description & Activities of Department……………. 23 23 23 23

52
23 General banking…………………………………. 23

55
23 Account Opening…………………………………. 23

57
3 23 Clearing Department……………………………. 23

59
23 23 Remittance Department…………………………. 23

60
23 23 Cash Department………………………………..
23

62
23 23 23 Lockers & ATM…………………………………… 23 23

65
23 23 Task Assigned to me………………………………...
23 23 23

23 Summary of Learning………………………………. 23 23

Conclusion………………………………………………………

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 23 23 Key Conclusion Summary……………………………………
23 23

23 23 General Observation about MCB………………………… 23 23 23

23 23 SWOT………………………………………………………….
Recommendation………………………………………………
References……………………………………………………. 23

Appendix and supplementary material................................

23 23 23

Executive Summary 23

University of GUJRAT is providing MBA degree to their students where in 4th

23 23 23 23 23 23 23 23 23 23 23 23 23

semester, university offer the internship subject the main purpose of it is to give the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

experience & knowledge of practical field to the students. Internship, in fact, for the
23 23 23 23 23 23 23 23 23 23 23 23 23 23

students of MBA is chance to develop their capability & skills of administration &
23 23 23 23 23 23 23 23 23 23 23 23 23 23

management in the practical field of different business organization, in this contest,

23 23 23 23 23 23 23 23 23 23 23 23

for the internship I choose MCB Bank, Bhimber Azad Kashmir branch.
23 23 23 23 23 23 23 23 23 23

MCB bank is a famous commercial bank in Pakistan. It is providing many product &
23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 services to their customers. My work is based on the observations & experiences

23 23 23 23 23 23 23 23 23 23 23 23 23

during my internship & data is collected for this report by many sources in which my
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 own written work, discussion with staff, literature on banking etc. In internship
23 23 23 23 23 23 23 23 23 23 23 23

report I tried our best to explain all the work which I learned during my internship &
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 also give some suggestions for the betterment of MCB bank LTD. This report is a
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

short review of my internship in MCB bank BHIMBER AZAD KASHMIR;

23 23 23 23 23 23 23 23 23 23 23

My internship report is based on different parts. The first part depends on the
23 23 23 23 23 23 23 23 23 23 23 23 23 23

presentation of the MCB bank which is comprise of the diagram of the association
23 23 23 23 23 23 23 23 23 23 23 23 23 23

and the structure of the association. The second part is the my own work in MCB
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

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bank in which I quickly clarify my involvement in various division like general
23 23 23 23 23 23 23 23 23 23 23 23 23

banking, money, clearing and settlements where I took in the association with clients,
23 23 23 23 23 23 23 23 23 23 23 23

23 their disposition, managing clients, taking care of various issue in banking, proficient
23 23 23 23 23 23 23 23 23 23 23

23 capacities, values, social broadening and so on after my temporary position work I

23 23 23 23 23 23 23 23 23 23 23 23 23

offer synopsis of learning in which I give response the distinctive sort of inquiry for
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

example which aptitudes and capability got the hang of during entry level position,
23 23 23 23 23 23 23 23 23 23 23 23 23

which duties I act in bank, impact on my profession plan and information which I
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

learned connected with our college study hall information. In the last I give the
23 23 23 23 23 23 23 23 23 23 23 23 23 23

decision about my entry level position in MCB bank and some powerful
23 23 23 23 23 23 23 23 23 23 23 23

proposal/recommendation. This report will give a total and clear picture about the 23 23 23 23 23 23 23 23 23 23 23 23

MCB bank LTD 23 23

INTRODUCTION: 23

MCB BANK LTD 23 23 23 23 23 23 23 23 23 23 23

23 23 23 23 “Bank is a financial institute which takes money from those persons who have
23 23 23 23 23 23 23 23 23 23 23 23 23

excess money & lend to those people who have less money or those who have not
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

resources to fulfill their basic needs.” 23 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 Internship is a fundamental course which must proposal to the

23 23 23 23 23 23 23 23 23 23

understudies of business. Internship serves to understudies to get familiar with their

23 23 23 23 23 23 23 23 23 23 23 23

down to earth field so when they enter in showcase after their finish of study, they
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

have the experience of market, so they alter in advertise well overall.

23 23 23 23 23 23 23 23 23 23 23

I choose MCB bank BHIMBER AZAD KASHMIR branch for internship. I am

23 23 23 23 23 23 23 23 23 23 23 23

grateful to Sir Sajjad Akram (Manager) who give me a learning domain in his
23 23 23 23 23 23 23 23 23 23 23 23 23 23

branch. This report is about MCB's items, fields of exercises and its administration
23 23 23 23 23 23 23 23 23 23 23 23 23

style.
Objective:
Following are the objective of the internship. 23 23 23 23 23 23

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  To get the experience of down to earth field.
23 23 23 23 23 23 23 23 23

 To build their relational capacities.

23 23 23 23 23

 Coordinate my insight and abilities. 23 23 23 23 23

 Apply my own capacities in field. 23 23 23 23 23 23

 To work with notable association. 23 23 23 23 23

 Upgrade their aptitudes and capacities. 23 23 23 23 23

 See how deal with the pressure/weight of work in bank.

23 23 23 23 23 23 23 23 23

Purpose:
The essential reason for my internship is to relate my territory of enthusiasm of my
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

examination with association while it is an ideal field for me to carrying out a

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

responsibility with banking area or not. 23 23 23 23 23

Scope:
I internship with MCB bank and attempted our best to function admirably with all
23 23 23 23 23 23 23 23 23 23 23 23 23 23

offices. It is useful for me since when I complete my investigation I starter know

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

crafted by banking part, so it is a wide extension for me working with any bank not
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

just with MCB bank.

23 23 23

Overview of The Organization 23 23 23

MCB bank LTD is a gainful money related establishment in Pakistan. It is an

23 23 23 23 23 23 23 23 23 23 23 23 23 23

exceptionally acclaimed and most seasoned business bank in Pakistan including a

23 23 23 23 23 23 23 23 23 23 23

greatest system inside the nation and outside the nation.

23 23 23 23 23 23 23 23

Vision Statement: 23

“To be the leading financial services provider, partnering with our customers for a
23 23 23 23 23 23 23 23 23 23 23 23 23

more prosperous and secure future.”

23 23 23 23

Mission Statement: 23

“We are a team of committed professionals, providing innovative and efficient

23 23 23 23 23 23 23 23 23 23 23

financial solutions to create and nurture long-term relationships with our customers.
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In doing so, we ensure that our shareholders can invest with confidence in us. Your
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

feedback is valuable” 23 23

Core values: 23

The Principles and standards which decide our conduct and how we cooperate with
23 23 23 23 23 23 23 23 23 23 23 23 23

our clients and one another.

23 23 23 23

Following are the core values of MCB. 23 23 23 23 23 23

 Integrity
 Respect
 Excellence 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

 Customer centricity 23

 Innovation 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

Competitors:
 National Bank of Pakistan 23 23 23

 Habib Bank Ltd 23 23

 United bank Ltd 23 23

 Allied bank Ltd 23 23

 Bank of Punjab 23 23

 Bank Alfalah 23 23

 Askari Bank 23

 Dubai Islamic bank 23 23

Brief History 23

MCB Bank once in the past Muslim Commercial bank is the one of the main banks
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

in Pakistan which have an encounter of over 60 years. It was set up on 9 July 1947
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

in Calcutta under Indian Companies Act, VII of 1913 as a Limited organization.

23 23 23 23 23 23 23 23 23 23 23 23 23

After the parcel of Indo Pak, the Head office of the bank was moved to Dhaka from
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

where it begins Business in August 1948. Later in 1956 the bank moved its
23 23 23 23 23 23 23 23 23 23 23 23 23 23

administrative center to Karachi where it is by and by found. The bank was begun
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

with the portion of 30 Million which is isolated into 3 million conventional portions
23 23 23 23 23 23 23 23 23 23 23 23 23 23

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of Rs 10 for each. The 1960's is expressed as the brilliant period in the monetary and
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 money related improvement of the Pakistan.

23 23 23 23 23 23

Be that as it may, in 1970 the situation changed, and detachment of East Pakistan has
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 likewise influenced the general economy. Following 16 years of encountering

23 23 23 23 23 23 23 23 23 23

nationalization it was understood that nationalization is really demonstrated Disaster

23 23 23 23 23 23 23 23 23 23

to the banking business instead of profitable. In 1991 Government changed its

23 23 23 23 23 23 23 23 23 23 23 23

position and declared an arrangement of denationalization of nationalized banks.

23 23 23 23 23 23 23 23 23 23

MCB was the main bank which was privatized in 1991.The bank was bought by the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

consortium of a Pakistani corporate gathering drove by Nishat Group. In June 2008

23 23 23 23 23 23 23 23 23 23 23 23 23

the Nishat Group possesses greater part of stake in the bank.

23 23 23 23 23 23 23 23 23 23

Today MCB: 23

In 1991, when government changes his approach and privatized all the banks that are
23 23 23 23 23 23 23 23 23 23 23 23 23 23

nationalized, MCB is the first bank who privatized. MCB detailed a ton of benefit in
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

his business after the privatization.

23 23 23 23 23

Today, MCB is the biggest bank in the Pakistan. It has an enormous banking system
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

in the nation and likewise in outside. MCB is the biggest remote bank in the Sri
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

Lanka. It's additionally enlisting his offer in the London Stock Exchange (LSE).
23 23 23 23 23 23 23 23 23 23 23 23

MCB become the first bank who is likewise register in any remote stock trade.
23 23 23 23 23 23 23 23 23 23 23 23 23 23

MCB respect to win numerous prizes and prizes. As of late MCB win the CSR
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

business selective honor in 2012. It's likewise winning a ton of euro cash and Asia
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

cash grant. 23 23

Presently, MCB in a well condition monetarily, it's claimed a great deal of productive
23 23 23 23 23 23 23 23 23 23 23 23 23

23 efficient completely possessed organization in the Hong Kong, Asset Management

23 23 23 23 23 23 23 23 23 23

organization, Leasing organization, MCFS, MCB Trade Service Limited23 23 23 23 23 23 23 23

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MCB make this progress by fulfill their clients need and needs. MCB pay a great
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

deal of intension in client support division. MCB put their thoughtfulness regarding
23 23 23 23 23 23 23 23 23 23 23 23

give their client new items which encourage them &which are not before giving by
23 23 23 23 23 23 23 23 23 23 23 23 23 23

any bank. MCB is the main Pakistani bank who propelled the Mobile banking.
23 23 23 23 23 23 23 23 23 23 23 23 23

In 2012, MCB fiscal summaries show extremely lovely outcomes which pull in their
23 23 23 23 23 23 23 23 23 23 23 23 23

partners. As contrast with earlier year this year MCB most minimal augmentation in
23 23 23 23 23 23 23 23 23 23 23 23 23

expanding in awful obligations, its arrival on value is most noteworthy that is 24%.
23 23 23 23 23 23 23 23 23 23 23 23 23 23

The inclusion proportion is additionally so high that is 86%, most elevated NIMs
23 23 23 23 23 23 23 23 23 23 23 23 23

8.5%, Highest NPL proportion that is 11%, profit yield 9%.

23 23 23 23 23 23 23 23 23

NATURE OF THE ORGANIZATION: 23 23 23

MCB Bank Limited is a banking organization consolidated in Pakistan under banking

23 23 23 23 23 23 23 23 23 23 23 23

organizations' law 1962 and is occupied with business banking and related
23 23 23 23 23 23 23 23 23 23 23

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administrations. The Bank's normal offers are recorded on all the stock trades in
23 23 23 23 23 23 23 23 23 23 23 23 23

Pakistan through it's Global Depository Receipts (GDRs) speaking to two standard
23 23 23 23 23 23 23 23 23 23 23

offers are exchanged on the International Order Book (IOB) arrangement of the
23 23 23 23 23 23 23 23 23 23 23 23

London Stock Exchange. 23 23

Segments of MCB: 23 23

MCB Bank Limited is a Pakistan-based organization. MCB bank separated into four
23 23 23 23 23 23 23 23 23 23 23 23

classifications that are running MCB bank viably; every office is dealing with by
23 23 23 23 23 23 23 23 23 23 23 23 23

various gathering of individuals.

23 23 23

Following are the segments of the MCB 23 23 23 23 23 23

 Corporate finance 23

 Trading and sales 23 23

 Retail and consumer banking 23 23 23

 Commercial banking 23

Corporate Finance: 23

Corporate finance includes underwriting, securitization, investment banking, and

23 23 23 23 23 23 23 23

syndications; initial public offerings (IPO) related activities (excluding investments)

23 23 23 23 23 23 23 23 23

and secondary private placements.

23 23 23

Trading & Sales: 23 23

Trading & sales segment includes fixed income, equity, foreign exchange
23 23 23 23 23 23 23 23 23 23

commodities, Lending’s to financial institutions and brokerage debt.

23 23 23 23 23 23 23

Retail & Consumer Banking:

23 23 23

Retail & consumer banking includes retail lending and deposits, banking services,
23 23 23 23 23 23 23 23 23 23 23

private lending 23 23

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and deposits, banking services and retail offered to its retail customers and small and
23 23 23 23 23 23 23 23 23 23 23 23 23 23

medium enterprises. 23

Commercial banking: 23

Commercial banking segment includes project finance, export finance, trade finance,
23 23 23 23 23 23 23 23 23 23

leasing, lending, guarantees and bills of exchange relating to its corporate customers.
23 23 23 23 23 23 23 23 23 23 23

BUSINESS VOLUME, REWARD HONORS & SUCCESS STORIES ACT 23 23 23 23 23 23 23 23

DURING LAST 5 YEARS: 23 23 23

Business Volumes: 23

The business volume of the MCB of the most recent multiyear so positive outcomes
23 23 23 23 23 23 23 23 23 23 23 23 23 23

as everything components in the business volume goes higher as contrast and earlier
23 23 23 23 23 23 23 23 23 23 23 23 23

year.

Items 2015 2016 2017 2018 2019

Net assets 23 58,436 69,740 79,204 88,802 99,841
Reserves 23 36,769 38,386 40,163 42,186 43,719
Advances 262,135 253,249 254,552 225,801 228,338
Deposits 23 330,182 367,605 431,372 491,189 541,612
Investments 96,632 167,132 213,061 316,652 415,211
before tax 23 23 21,868 23,155 26,254 31,483 25,458
profit
After tax 23 23 15,375 15,495 16,873 19,425 16,672
profit
Earnings per 23 23 23.23 23 23 23 23 20.18 18.53 18.39 18.13
share

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Rewards and Honors: 23 23

MCB is recognized a successful model of privatization. Because of its twenty-one

23 23 23 23 23 23 23 23 23 23 23 23

booming years of privatization in 2012 and its growth and stability, can be a case
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

study for those prospective government institutions which waiting to be privatized.

23 23 23 23 23 23 23 23 23 23

MCB has accomplished after Rewards.

23 23 23 23 23

 MCB is the main bank in Pakistan that has accomplished MCB win the "CSR
23 23 23 23 23 23 23 23 23 23 23 23 23 23

Business Exclusive Award" in 201223 23 23 23 23

 8 Euro Money Awards

23 23 23 23

 5 Asia Money Awards

23 23 23

Alongside a few different honors 23 23 23 23 23

including: 23

 MCB 23 likewise 23 got 23 "Most 23

Stable 23 Bank 23 of 23 Pakistan" 23

granted by CFA Association 23 23 23 23

Pakistan in 2011. 23 23 23

 MCB get the "Best Bank of the Year" grant by CFA Association Pakistan.
23 23 23 23 23 23 23 23 23 23 23 23 23

 "Best bank of Pakistan" in 2011 by Euro cash.

23 23 23 23 23 23 23 23 23

 The Best Trade Finance of Pakistan for two back to back years.
23 23 23 23 23 23 23 23 23 23 23 23

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  MCB Bank likewise got "The Strongest Bank 2010" grant by The Asian
23 23 23 23 23 23 23 23 23 23 23 23

Banker for being Pakistan's best-performing budgetary foundation in 2010.

23 23 23 23 23 23 23 23 23

 In 2010 MCB was granted by Leadership Achievement Award

23 23 23 23 23 23 23 23 23

 In 2010 MCB was granted by Best Bank Led MMT Service

23 23 23 23 23 23 23 23 23 23 23

 In 2010 MCB got the BCR Award 2009-Banking Sector

23 23 23 23 23 23 23 23 23

 In 2010 MCB likewise got Certificate of Merit Award

23 23 23 23 23 23 23 23 23

 MCB was likewise the principal Pakistani bank to be recorded at London

23 23 23 23 23 23 23 23 23 23 23 23

Stock Exchange
23 23

 in October 2006 subsequent to pulling in US $700 million worth of interest

23 23 23 23 23 23 23 23 23 23 23 23 23

for its US $ 150 million GDR issue.

23 23 23 23 23 23 23

Product/service lines: 23

 Personal banking 23

 Corporate banking 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

 Online services 23

 Virtual banking 23

 Islamic banking 23

Personal banking:
23

Individual banking includes following principle heads.

23 23 23 23 23 23

 Accounts
 Banc affirmation
23 23

 Self-administration Channels 23 23

 Credit 23

 Cards 23

 Rupee travelers Checks

23 23

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 ACCOUNTS

In close to home banking of the MCB, following are the various sorts of record that
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

is open by the MCB that is given underneath:

23 23 23 23 23 23 23 23

Basic Business Account:

23 23

 This account is opened with just Rs. 1000 in particular

23 23 23 23 23 23 23 23 23 23

 There is no month to month maintainers account charges.

23 23 23 23 23 23 23 23

 Unlimited free withdrawal exchanges through MCB's ATMs.

23 23 23 23 23 23 23

 There is no restriction on exchange through virtual banking of MCB.

23 23 23 23 23 23 23 23 23 23

Current Account: 23

 Low least equalization necessities.

23 23 23 23

 There is no restriction on exchange money stores and

23 23 23 23 23 23 23 23 23

 Lockers and other moderate value-based offices

23 23 23 23 23

 MCB Smartcard utilize abroad at a great many spots

23 23 23 23 23 23 23 23

Saving Account: 23

 Low month to month normal parity necessities.

23 23 23 23 23 23 23

 Profit move to your record on at regular intervals.

23 23 23 23 23 23 23 23 23

 MCB Smartcard utilize abroad at many spots.

23 23 23 23 23 23 23

 Lockers accessible on extremely modest rate.

23 23 23 23 23

Foreign Currency Account: 23 23

 Open your record in US Dollar, UK Pound, or Euro.

23 23 23 23 23 23 23 23 23 23

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  This account is opened with us $500.
23 23 23 23 23 23 23

 There is no restriction on exchange on your branch.

23 23 23 23 23 23 23 23 23

 Customer withdrawal money in PKR. 23 23 23 23

Small Dollar Account:

23 23

 USD account is open in current, saving & fixed deposit.

23 23 23 23 23 23 23 23 23

 Bank provides his customer a free bank statement.

23 23 23 23 23 23 23

 Higher & attractive rates given to the account holder if he maintains the bank
23 23 23 23 23 23 23 23 23 23 23 23 23 23

account limit 10,000 USD. 23 23 23

Saving 365 Gold: 23 23

 The benefit rate on this record depends on your equalization, the higher your
23 23 23 23 23 23 23 23 23 23 23 23 23

parity the higher the rate.

23 23 23 23 23

 Profit determined on this record on regular schedule.

23 23 23 23 23 23 23 23

 Profit move to your record on the month to month premise

23 23 23 23 23 23 23 23 23 23 23

 Open your record with Rs. 500,000/ - as it were

23 23 23 23 23 23 23 23 23

Flexi Deposit mahana profit:

23 23 23

 This account is giving you the alluring benefit rates.

23 23 23 23 23 23 23 23 23

 Option for ATM platinum card to get to benefit earned.

23 23 23 23 23 23 23 23 23 23

 There is a choice of programmed restoration of term stores

23 23 23 23 23 23 23 23 23

Business Account: 23

 Transaction proportion depends on this record is on your equalization, if you

23 23 23 23 23 23 23 23 23 23 23 23

have a major parity than you have decision to execute commonly.

23 23 23 23 23 23 23 23 23 23 23

17 | P a g e
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  The account is opened with a measure of Rs. 50000 in particular
23 23 23 23 23 23 23 23 23 23 23

Saving Extra Account:

23 23

 The benefit proportion depends on your parity, higher parity higher benefit
23 23 23 23 23 23 23 23 23 23 23

 Rebate is given on storage spaces on half

23 23 23 23 23 23 23 23

 There is no restriction on withdrawal through ATM in this record

23 23 23 23 23 23 23 23 23 23

Current Life Account: 23 23

 Current life account is opened with a Rs. 1000

23 23 23 23 23 23 23 23 23

 50% markdown to client on the restoration of charge card in this record

23 23 23 23 23 23 23 23 23 23 23 23 23

 Balance required in this record is exceptionally low.

23 23 23 23 23 23 23

Small Saving: 23

 Earn as much as 7% benefit on 200,000/ -

23 23 23 23 23 23 23 23 23

 Minimum balance required in this record 23 23 23 23 23 23

 Profit move to your record on quarterly premise.

23 23 23 23 23 23 23

Khushali Bachata Account: 23 23

MCB's one of the hugest item is a Khushali bachata Account, a Rupee bank account.
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

Beginning store is low. Individuals of all classifications open this record and gain a
23 23 23 23 23 23 23 23 23 23 23 23 23 23

benefit on the regular routine.

23 23 23 23

MCB Lockers: 23

Following are the size of the lockers which MCB bank provides to their customers.
23 23 23 23 23 23 23 23 23 23 23 23 23

1. Small Lockers
23 23

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2. Medium Lockers
23 23

3. Large Locker
23 23

Bancassurance: 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

 Flexi Life 23

 Life accomplice
23 23

 Edu care 23 23

 Dream wedding 23

 Capital Sure 23 23

 Future guarantees 23 23

 Protection Plan 23

Self Service Channel:

23 23

 MCB Mobile 23

 SMS banking 23

 ATM Services 23

 Call Centre23

Loans:

Loan for cars 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23

Cards:

 MCB Visa Debit card 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

 MCB Visa platinum 23 23

 MCB Visa 23

 MCB Visa prepaid 23 23

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Traveler Cheques: 23

 Rupee Traveler Cheques 23 23

Corporate Banking: 23

 Home settlement 23 23

 Credits 23

 Exchange Finance 23 23

 Exchange banking 23 23

 Speculation Banking 23

Home Remittance: 23

 Money Gram 23

 Express cash 23 23

 List of MCB reporter

23 23 23

Loans:
 Term Loans 23 23

 Working Capital Loan Term Loans 23 23 23 23 23

 Working Capital Loan 23 23

Trade Finance: 23

MCB give an exchange account to their clients which MCB give countless offices in
23 23 23 23 23 23 23 23 23 23 23 23 23 23

trades and imports, MCB issue letter of credit to his client which is secure assurance
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

by banks to its client so managing become increasingly solid, MCB give additionally
23 23 23 23 23 23 23 23 23 23 23 23 23

various offices in import and fare like buying of archives , give fund to managing
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

and so on.
23 23

Transaction Banking: 23

 Installment and assortment 23 23 23

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  Channel financing 23

Investment Banking: 23

MCB give a speculation banking office to their client with the goal that they utilize
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

their overabundance assets in a correct manner.

23 23 23 23 23 23

Online Services: 23

Following are the online services given by MCB

23 23 23 23 23 23 23

 MCB ATM administrations

23 23 23

 MCB versatile banking 23 23 23

 MCB Call Center 23 23 23

 MCB savvy card 23 23 23

 MCB Debit Card 23 23

MCB Visa Debit Card:

23 23 23

MCB visa debit card are three types

23 23 23 23 23 23

 Gold Plus 23

 Gold
 Silver
MCB Mobile Banking:
23 23

MCB likewise give a versatile banking to their clients. The record holders of bank
23 23 23 23 23 23 23 23 23 23 23 23 23 23

additionally utilize this office to know the parity of his record and numerous different
23 23 23 23 23 23 23 23 23 23 23 23 23

offices like smaller than normal explanations and so on.

23 23 23 23 23 23 23 23 23

MCB Call Center:23 23

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MCB have a call community which make to encourage their clients, account holders
23 23 23 23 23 23 23 23 23 23 23 23 23

take any data whenever from MCB call focus and additionally send the grumblings to
23 23 23 23 23 23 23 23 23 23 23 23 23

23 the MCB authority.

23 23

MCB Smart Card: 23 23

MCB now brings MCB Smartcard. It is a protected and helpful instrument of

23 23 23 23 23 23 23 23 23 23 23 23 23

installment 24-hour direct access to bank account. It is an efficient instrument and on

23 23 23 23 23 23 23 23 23 23 23 23 23 23

this period, it is useful in light of the fact that client manage bank with no wastage
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

of time.
23

MCB Debit Card: 23 23

Presently MCB brings a protected, advantageous and speedy installment office that
23 23 23 23 23 23 23 23 23 23 23

empowers the clients to do buying by utilizing their current MCB ATM/MCB Smart
23 23 23 23 23 23 23 23 23 23 23 23 23

Card as a DEBIT Card.

23 23 23 23

Virtual Banking: 23

MCB bank additionally gives their clients a virtual banking office where the bank
23 23 23 23 23 23 23 23 23 23 23 23 23

clients control and deal with their money himself. Client utilizes their record
23 23 23 23 23 23 23 23 23 23 23 23

whenever through and 23 23 23

enormous systems administration arrangement of MCB bank. Virtual banking of MCB

23 23 23 23 23 23 23 23 23 23

23 gives countless offices to their clients like installment through record, installment of
23 23 23 23 23 23 23 23 23 23 23 23

charges, bills and so forth some of administrations of virtual banking are given
23 23 23 23 23 23 23 23 23 23 23 23 23

beneath 23

 Point by point Account Summary of every recorded record.

23 23 23 23 23 23 23 23 23

 Smaller than expected explanations about exchange history for the record.
23 23 23 23 23 23 23 23 23 23

 Quick or Scheduled Transfer of Funds between your own accounts, just as to

23 23 23 23 23 23 23 23 23 23 23 23 23

outsider accounts. 23 23

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  Installment of service charges (power, gas, phone) for enrolled Utility
23 23 23 23 23 23 23 23 23 23

Companies. 23

 Quick or Scheduled Bills Payment.

23 23 23 23 23

 Mass Funds Transfer for Corporate Customers

23 23 23 23 23

Islamic Banking: 23

MCB additionally give the Islamic banking to their clients, In Islamic banking, MCB
23 23 23 23 23 23 23 23 23 23 23 23 23

give various types of items and administrations to their clients that is given
23 23 23 23 23 23 23 23 23 23 23 23 23

underneath.

Islamic banking products:

23 23

Followings are the Islamic banking items:

23 23 23 23 23 23

 Modaraba 23

 Murabaha 23

 Sharika al-Aqd 23 23

 Ijarah 23

 Ijarah Muntahia Bittamleek

23 23 23

 Salam 23

 Equal salam 23 23

 Istrians’ Contract 23 23

 Equal istisna 23

PESTL Analysis: 23

Political and Legal: 23 23

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Political and legitimate arrangement of a nation influenced the economy of any
23 23 23 23 23 23 23 23 23 23 23 23

nation, the political framework and rules and guideline (lawful framework) is produce
23 23 23 23 23 23 23 23 23 23 23

23 by their legislature and organization working in his nation. The continuous change in
23 23 23 23 23 23 23 23 23 23 23 23

23 political and lawful arrangement of a nation makes open door for the association
23 23 23 23 23 23 23 23 23 23 23 23 23

working in nation and it is additionally become an approach to make dangers for that
23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 association. 23

There is a political flimsiness in Pakistan, a continuous change in law and request

23 23 23 23 23 23 23 23 23 23 23 23 23 23

condition that might be in favor or in against occasionally for the banking area.
23 23 23 23 23 23 23 23 23 23 23 23 23 23

 Banking segment of Pakistan influence through various ways because of

23 23 23 23 23 23 23 23 23 23

political and legitimate changes, 23 23 23 23

 Employment rehearses change in this changing in political and legitimate

23 23 23 23 23 23 23 23 23 23

framework. 23

 Political obstruction with respect to arrangements is evaluated to increment as

23 23 23 23 23 23 23 23 23 23 23

current government is in race of intensity gain.

23 23 23 23 23 23 23 23

 Policies changes on consistent schedule in Pakistan so banking framework not

23 23 23 23 23 23 23 23 23 23 23

steady for long time. 23 23 23 23

 Sometimes bank make contract in the kindness of nation yet there is a

23 23 23 23 23 23 23 23 23 23 23 23 23

changing in the standards and guideline with the goal that's the reason banks
23 23 23 23 23 23 23 23 23 23 23 23 23

are compelled to drop the agreements so's the reason the economy of a nation
23 23 23 23 23 23 23 23 23 23 23 23 23 23

doesn't go to in better condition. 23 23 23 23 23

Economic:
Our economy additionally confronting a great deal of issues of various types like:
23 23 23 23 23 23 23 23 23 23 23 23 23

 Employment 23

 Inflation 23

 Illiteracy 23

Which impact and hinder the general business development.

23 23 23 23 23 23 23 23

For the steadiness of banking business there is two things which are significant.
23 23 23 23 23 23 23 23 23 23 23 23 23

24 | P a g e
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  Better shopper markets 23 23 23

 Higher acquiring powers 23 23 23

The fundamental issue with over economy framework is persistently changing in the
23 23 23 23 23 23 23 23 23 23 23 23

estimation of the cash of nation, our money degrades bit by bit which
23 23 23 23 23 23 23 23 23 23 23 23 23

straightforwardly sway on the hold of outside trade, and our remote trade balance 23 23 23 23 23 23 23 23 23 23 23 23 23

decreases expediently which is a not a decent sign for economy of our nation.
23 23 23 23 23 23 23 23 23 23 23 23 23 23

 Interest rates 23 23

 Labor strategies 23 23

 Government spending 23 23

In Pakistan,
23 23

 Inflation rate is high in Pakistan with the goal that's the reason the buying
23 23 23 23 23 23 23 23 23 23 23 23 23 23

forces of individuals are low since they have no reserve funds.

23 23 23 23 23 23 23 23 23 23 23

 Inflation additionally builds the working expense. 23 23 23 23 23 23

 Due to expansion, banks likewise increment the rates/enthusiasm of credit so's

23 23 23 23 23 23 23 23 23 23 23

the reason the proportion of taking advance lessens and cash doesn't use.
23 23 23 23 23 23 23 23 23 23 23 23

 Due to the debasement of rupee the economy pressurized step by step.

23 23 23 23 23 23 23 23 23 23 23 23

 Banks additionally bargain in the remote trade, which is a major resource of

23 23 23 23 23 23 23 23 23 23 23 23 23

any nation, because of the immense cost in a nation our outside trades
23 23 23 23 23 23 23 23 23 23 23 23 23

likewise diminish and business exercises in a nation likewise decline.

23 23 23 23 23 23 23 23 23

Social:
Society is molded by standards, values and accepts. Social factors frequently take a
23 23 23 23 23 23 23 23 23 23 23 23 23

gander at the social viewpoints and incorporate wellbeing awareness, populace

23 23 23 23 23 23 23 23 23 23

development rate, age conveyance, changes in tastes and purchasing behaviors. Along
23 23 23 23 23 23 23 23 23 23

23 these lines, understanding changes around there can be imperative.

23 23 23 23 23 23 23 23 23

Banking segment is significant for the prosperity of the general public, for example,
23 23 23 23 23 23 23 23 23 23 23 23 23

the bank action partaking in the Prime Minister independent work Scheme.
23 23 23 23 23 23 23 23 23 23 23

25 | P a g e
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Social culture of Pakistan influences the banking part as,
23 23 23 23 23 23 23 23 23

 There is an absence of the board aptitudes and ability in our nation so

23 23 23 23 23 23 23 23 23 23 23 23 23 23

consequently imaginative exercises are moderate and traditional techniques are

23 23 23 23 23 23 23 23 23

embraced. 23

 People in a Pakistan isn't sparing society however a spending society which

23 23 23 23 23 23 23 23 23 23 23 23

does not deal with their fund in a correct manner, there costs are higher than
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

their salary so our general public isn't strong for the banking area.
23 23 23 23 23 23 23 23 23 23 23 23

 There is no sparing in the general public with the goal that's the reason there
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

is no interest in a nation.
23 23 23 23 23 23

 Ethics and incentive on the obligations are low on the grounds that there is
23 23 23 23 23 23 23 23 23 23 23 23 23 23

destitution in a nation and no preparation of individuals.

23 23 23 23 23 23 23 23 23

 Inadequate Accountability, absence of good administration and absence of

23 23 23 23 23 23 23 23 23

good framework are the manners in which help to loan bosses to cheat with
23 23 23 23 23 23 23 23 23 23 23 23 23 23

the goal that's the reason the proportion of awful obligations expands step by
23 23 23 23 23 23 23 23 23 23 23 23 23

step. Same circumstance is would have liked to win.

23 23 23 23 23 23 23 23

Technological:
The appropriation of new innovation is a key achievement factor of any office in
23 23 23 23 23 23 23 23 23 23 23 23 23 23

a nation so it's likewise become a triumph some portion of banking part, in

23 23 23 23 23 23 23 23 23 23 23 23 23 23

contact with a recently innovation is a key factor of nation, all office should the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

common present innovation in a correct time. MCB present numerous new

23 23 23 23 23 23 23 23 23 23 23

advancements in banking. 23 23 23

In this way, we can say that PEST Analysis is an ideal instrument for the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

supervisors and strategy creators that help them, 23 23 23 23 23 23 23

 In examining the powers that are driving their industry and

23 23 23 23 23 23 23 23 23 23

 How these elements will impact their banks and the entire business as a rule.
23 23 23 23 23 23 23 23 23 23 23 23 23 23

 MCB is presently utilizing mechanical highlights in its activity,

23 23 23 23 23 23 23 23 23

26 | P a g e
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  Almost all the branches of MCB in a nation are automated which put a decent
23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 effect on clients and their dealings.

23 23 23 23 23 23

 Now nearly in the whole world, mechanized banking is utilized, MCB should
23 23 23 23 23 23 23 23 23 23 23 23

upgrade their modernized banking innovation with the goal that the phony
23 23 23 23 23 23 23 23 23 23 23

exchanges do not happen by ATM. 23 23 23 23 23 23

 Electricity setback is a major issue for bank, 23 23 23 23 23 23 23 23

 MCB should prepare their workers identified with innovation, employed

23 23 23 23 23 23 23 23 23

completely prepared and new thoughts individual. 23 23 23 23 23 23

 Innovation highlight help the bank the board to give the client administrations
23 23 23 23 23 23 23 23 23 23 23 23

as indicated by their norm. Along these lines, bank satisfies the need and
23 23 23 23 23 23 23 23 23 23 23 23 23

requests of the client. 23 23 23

MCB’s Contribution towards economic development:

23 23 23 23

MCB is assuming a dynamic job in economy by giving new, spearheading and

23 23 23 23 23 23 23 23 23 23 23 23 23

esteem added items and administrations to its differing scope of client base. MCB
23 23 23 23 23 23 23 23 23 23 23 23 23

give monetary answers for significant fragments of its client base, retail and
23 23 23 23 23 23 23 23 23 23 23 23

corporate. To ensure a more focusing approach in fulfilling the differentiated client

23 23 23 23 23 23 23 23 23 23 23 23

sections MCB has perceived separate business gatherings. Routinely MCB has been
23 23 23 23 23 23 23 23 23 23 23

engaged towards business Lending and more as of late it has moved towards
23 23 23 23 23 23 23 23 23 23 23 23 23

customer loaning. 23

Shariah Compliant Product & Services:

23 23 23 23

An Islamic banking unit has presented by MCB for the reason to offer Shariah
23 23 23 23 23 23 23 23 23 23 23 23 23 23

consistent items and administrations. MCB has set up Islamic banking branches in
23 23 23 23 23 23 23 23 23 23 23 23

numerous urban communities. Presently MCB is arranging further present of Islamic

23 23 23 23 23 23 23 23 23 23 23

Financial Systems and to bring Shariah agreeable system on the equivalent degree of
23 23 23 23 23 23 23 23 23 23 23 23 23

formal/customary banking. 23

27 | P a g e
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Role in SME development:
23 23 23

MCB modernize its enormous number of branches and prepared its staff for meeting
23 23 23 23 23 23 23 23 23 23 23 23 23

the prerequisites of SMEs and other retail clients. For this fundamental area of
23 23 23 23 23 23 23 23 23 23 23 23 23

Pakistan economy, MCB has arrangement a different SME Financing Division to give
23 23 23 23 23 23 23 23 23 23 23

23 adjusted financing arrangements. 23 23

Consumer financing: 23

For fulfilling individual needs of the clients, MCB centers around the advancement of
23 23 23 23 23 23 23 23 23 23 23 23

23 creative shopper resource items. MCB has a critical portion of customer financing
23 23 23 23 23 23 23 23 23 23 23 23

business with its House and Car Financing plans. As of late, MCB has propelled
23 23 23 23 23 23 23 23 23 23 23 23 23 23

running financing office against the home loan of property.

23 23 23 23 23 23 23 23

Employment Opportunity: 23

MCB gives occupations to countless individuals so MCB contributing in expanding

23 23 23 23 23 23 23 23 23 23 23

the work openings in Pakistan.

23 23 23 23

GDP Contribution: 23

As in GDP, commitment of banking division is 3.7% so being a piece of banking

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

area it has it part in GDP, is useful in the development of economy of Pakistan.

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

Low Transaction Cost 23 23

MCB offers online administrations, so decrease the expenses of transportation for the
23 23 23 23 23 23 23 23 23 23 23 23

exchange of cash, it is likewise gainful for the economy of Pakistan.

23 23 23 23 23 23 23 23 23 23 23

Broadest Branch Network 23 23

MCB has a broadest branch arrange in Pakistan, it has just about 1173 branches in
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

Pakistan so playing out their capacities and gathering cash from each edge of the
23 23 23 23 23 23 23 23 23 23 23 23 23 23

nation so incredibly adding to the development of the economy.

23 23 23 23 23 23 23 23 23

ORGANIZATIONAL STRUCTURE OF MCB: 23 23 23

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As MCB is a banking association likewise recorded in stock trade along these lines it
23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 follows all the legalities, which are forced by concerned resolutions. Mr. Muhammad
23 23 23 23 23 23 23 23 23 23 23

23 Mansha is executive and M.U. Usmani is the president and CEO of the Bank with a
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

group of 10 chiefs and 1 bad habit administrator to help in the business control and
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

system making for the organization.

23 23 23 23 23

As of late the hierarchical structure was re-planned as follows:

23 23 23 23 23 23 23 23 23

Chairman: 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Mian Muhammad Mansha 23 23

Vice-Chairman: 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 S.M. Munir 23

President: 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 M.U. Usmani 23

Board of Directors: 23 23

 Mian Mohammad Mansha (Chairman)

23 23 23

 S.M. Muneer (Vice Chairman)

23 23 23

 Tariq Rafi 23 23

 Shahzad Saleem 23 23

 Sarmad Amin 23

 Ahmed Alman 23 23

 Dato Muhammad Hussain 23 23 23

 Mian Raza Mansha 23 23 23

 Aftab Ahmad Khan 23 23 23 23

 Mian Umar Mansha 23 23 23

 Manzar Mushtaq 23

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  Dato’ Seri Ismail Shahudin
23 23 23 23

 M.U.A. Usmani (President & CEO)

23 23 23 23

Chief Financial Minister:

23 23 23 23 23 23 23

 Salman Zafar Siddique 23 23 23 23

23 Management committee: 23

 Ali munir
23

 Agha Saeed khan

23 23

 Raheel Ejaz 23

 Imran Maqbool 23

 Muhammad Noman Chughtai 23 23

 Salman Zafar Siddique23 23

 Ahmed Kareem 23

 Muhammad Ramzan 23

 Ali Kazmi
23

 Kamran Rasool 23

 Syed Rashid Rehman

23 23

AUDIT committee: 23

 Tariq Rafi – Chairman

23 23 23

 Ahmed Alman Aslam 23 23

 Dato’ Mohammed Hussein

23 23 23

 Aftab Ahmad Khan

23 23 23 23

 Dato’ Seri Ismael shah din

23 23 23 23

Company Secretary: 23

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  Abdus S. Sami 23 23

Auditors:
 KPMG Taseer Hadi & Co. 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 (Chartered Accountants) 23

Legal advisors: 23

 Khalid Anwer & Co. 23 23 23 23 23 23 (Advocates & Legal Consultants)

23 23 23

Authorized Shares: 23 23

MCB Authorized capital is 10,000 shares in million.

23 23 23 23 23 23 23

Issued share: 23 23

In total authorized capital the issued share is 8,362 in million

23 23 23 23 23 23 23 23 23 23

Hierarchy Chart of the Organization:

23 23 23 23

31 | P a g e
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Number of employees 23 23

23 9987 Register employees working in MCB

23 23 23 23 23 23

Registered office: 23

MCB BUILDING, F 23 23

Jinnah Avenue, Islamabad

23 23

Principal office: 23

MCB TOWER, I.I. Chandigarh Road, Karachi

23 23 23 23 23

32 | P a g e
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Number of Branches: 23 23

1173
Introduction of all Department: 23 23 23

There are various divisions working in MCB bank some of them are as follow.
23 23 23 23 23 23 23 23 23 23 23 23 23

 Customer Service Department 23 23 23

 Cash Department 23 23

 General Banking/Remittance office 23 23 23

 Credit and Advances office 23 23 23 23

 Foreign trade office 23 23 23

 Account Opening Department 23 23

Customer Service Department: 23 23

The primary office is a client administrations division which is manage regard to the
23 23 23 23 23 23 23 23 23 23 23 23 23 23

clients managing like equalization requests, account articulations, client objections.

23 23 23 23 23 23 23 23

Cash Department: 23

Money office relate with all money exchange like store and withdrawal of money in
23 23 23 23 23 23 23 23 23 23 23 23 23 23

bank, this office is overseen by the bookkeeper. They store the quantity of clients,
23 23 23 23 23 23 23 23 23 23 23 23 23 23

withdrawal the money of clients, bargain in DD/PO and so on. Bookkeeper check the
23 23 23 23 23 23 23 23 23 23 23 23 23

23 parity of money @ the day's end and it ought to be equivalent.

23 23 23 23 23 23 23 23 23 23 23 23

General banking department: 23 23

General banking manages settlement, issuance of DD, PO, Funds move, Rupee
23 23 23 23 23 23 23 23 23 23 23

explorer Check Issuance and installment, Cancellation and installment of DD PO,

23 23 23 23 23 23 23 23 23 23 23

internal clearing, Outward clearing, Checks Collection, issuance of Term store, fixed
23 23 23 23 23 23 23 23 23 23 23

store and check book issuance and so forth.

23 23 23 23 23 23 23

Credit and Advances Department:Credit and advances division deal with the credit
23 23 23 23 23 23 23 23 23 23 23

in a bank and mastermind the advances for specialist and likewise for their clients.
23 23 23 23 23 23 23 23 23 23 23 23 23 23

 Loans 23

33 | P a g e
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  OD (overdraft)
23 23

 Cash credits 23 23

Bank issue advances for short, medium, long terms to their clients and bank not issue
23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 these advances with no security on the rear of this credits so bank home loan or
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

vow the property, any benefits or archives of clients which are regularly the higher
23 23 23 23 23 23 23 23 23 23 23 23 23 23

than the market estimation of advance or some time equivalent to the estimation of
23 23 23 23 23 23 23 23 23 23 23 23 23 23

advance.

Foreign Exchange department: 23 23

This division manages all the remote trade undertakings like installment or retirement
23 23 23 23 23 23 23 23 23 23 23 23

and outside settlements. Each exchange which is happen in the worldwide banking
23 23 23 23 23 23 23 23 23 23 23 23

will be completed at rates which are settled by the state bank of Pakistan.
23 23 23 23 23 23 23 23 23 23 23 23 23

Account Opening Department: 23 23

This department deals with opening of account in Pakistani as well as foreign

23 23 23 23 23 23 23 23 23 23 23 23 23

currency.

Comments on organizational structure: 23 23 23

 The organizational structure of MCB is growth slanting and participative.

23 23 23 23 23 23 23 23 23

 Basic aim of the management is to provide a place which is much possible

23 23 23 23 23 23 23 23 23 23 23 23 23 23

and comfortable for employees of the bank.

23 23 23 23 23 23 23

 MCB has created a tough environment that encourages creativity and

23 23 23 23 23 23 23 23 23 23

assurance. 23

 Vibrant culture offers various growth opportunities across Pakistan and in

23 23 23 23 23 23 23 23 23 23

many other countries around the world.

23 23 23 23 23

 MCB foster a work environment where employees can understand their latent
23 23 23 23 23 23 23 23 23 23 23

whether locally or in the international arena. Thus, enable the employees to

23 23 23 23 23 23 23 23 23 23 23 23

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 achieve their specialized goals while keeping in synch with the bank’s overall
23 23 23 23 23 23 23 23 23 23 23 23

objectives.

Internee work: 23

Branch Introduction of MCB BHIMBER AZAD KASHMIR:

23 23 23 23 23 23

I pick the MCB financial institution for internship. I completed my internship on this
23 23 23 23 23 23 23 23 23 23 23 23 23 23

bank. This bank is located at the principle round road of BHIMBER AZAD
23 23 23 23 23 23 23 23 23 23 23 23 23

KASHMIR. This department establishes in 1975. It is a branch with a deposits base

23 23 23 23 23 23 23 23 23 23 23 23 23 23

of forty crore.
23 23 23

Some other information approximately my branch is given beneath:

23 23 23 23 23 23 23 23

Every financial institution has a code this is assigned by way of the pinnacle
23 23 23 23 23 23 23 23 23 23 23 23 23 23

workplace, my department MCB code is 0825. To touch with my branch following

23 23 23 23 23 23 23 23 23 23 23 23 23

are the numbers are given under:

23 23 23 23 23 23 23

23 23 PTCL # 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

053-3592384
053-3430617

Period of internship: 23 23

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 Joining Date: 4 May 2020
23 23 23 23 23 23

Leaving Date: 5 June, August 2020

23 23 23 23 23

Detail of supervisor: 23 23

Position/ Designation 23 Name

Branch Manager (BM) 23 23 Mr. Sajjad Akram

23 23

Branch Operation Manager (BOM) 23 23 23 Mr. Basharat Shafique

23 23 23

General Branch Officer (GBO) 23 23 23 Ms. Nabila Dar23 23

Passing Manager 23 Ms. Basharat Shafique

23 23

Customer Service Manager (CSO) 23 23 23 Ms. Zardashia Cohan

23 23

Teller I 23 Ms. Sadaf Aslam

23 23

Teller II 23 Mr. Riaz 23

Tea Boy 23 Mr. Rameez 23

Mr. M. Riaz, Mr. Iftikhar Ahmed, Mr.

23 23 23 23 23 23 23

Guards
Abdul Aziz 23

Weekly timetable: 23

1st week
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 23 23 23 23 23 23 23 Department: General banking 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Supervisor: Mam Zardashia Chohan 23 23 23

Date Activity/ Task 23

4 May ,2020
23 23 Introduction of bank. 23 23

5 May ,2020
23 23 Learn about deposit slip and many vouchers
23 23 23 23 23 23

6 May ,2020
23 23 Learn about the different kind of application in bank
23 23 23 23 23 23 23 23

7 May ,2020
23 23 Learn about different kinds of cheque
23 23 23 23 23

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 8 May ,2020
23 23 See many banks stamps & many vouchers.
23 23 23 23 23 23

9 May ,2020
23 23 Learn about how to fill the deposit other vouchers.
23 23 23 23 23 23 23 23

Signature of Supervisor: 23 23

2nd week 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Department: General banking (Account opening section) 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Supervisor: Mam Zardashia Chohan 23 23 23

Date Activity/ Task 23

11 May ,2020
23 23 Learn about opening a new account & understand the function of
23 23 23 23 23 23 23 23 23 23 23

different account, customer relationship

23 23 23

12 May ,2020
23 23 Opening an individual account 23 23 23

13 May ,2020
23 23 Learned many other accounts like zakat, business, student account
23 23 23 23 23 23 23 23

14 May ,2020
23 23 During working in account opening department, I opened 5
23 23 23 23 23 23 23 23 23

individual accounts. Fill their Account forms & KYC form.

23 23 23 23 23 23 23 23

15 May ,2020
23 23 Learned how cheque book & ATM card issue.
23 23 23 23 23 23 23

16 May ,2020
23 23 Make practices in the account opening department.
23 23 23 23 23 23

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Signature of Supervisor: 23 23

3rd week 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Department: General banking (Clearing section)

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Supervisor: Mam Nabila Dar 23 23 23

Date Activity/ Task 23

18 May ,2020
23 23 Learn about the basic of the Clearing department in general banking.
23 23 23 23 23 23 23 23 23 23

 Outward clearing 23

 Inward clearing 23

19 May ,2020
23 23 Understood the whole section of outward clearing
23 23 23 23 23 23

20 May ,2020
23 23 Get the knowledge about inward clearing
23 23 23 23 23

21 May ,2020
23 23 I also passed entries in the clearing (inward & outward) register.
23 23 23 23 23 23 23 23 23 23

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 I Collect cheques for clearing from supervisor.
23 23 23 23 23 23

Issue deposit slips to customers.

23 23 23 23

22 May ,2020
23 23 Gets the knowledge about the intercity & same day clearing?
23 23 23 23 23 23 23 23 23 23

23 May ,2020
23 23 Last day, work overall in clearing department
23 23 23 23 23 23

 Received cheques from customers 23 23 23

 Issue deposit slips to customers

23 23 23 23

 Recording of different kinds of information about the customers

23 23 23 23 23 23 23 23 23

like name, date, address, bank name, drawee name in clearing

23 23 23 23 23 23 23 23 23 23

register.

Signature of Supervisor: 23 23

4th week23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Department: General banking (Remittance section)23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Supervisor: Mam Nabila Dar 23 23 23

Date Activity/ Task 23

25 May ,2020
23 23 Learned different activities in remittances department.
23 23 23 23 23

Gained basic knowledge about Demand Draft (DD) and Foreign

23 23 23 23 23 23 23 23 23

Demand Draft. 23

26 May ,2020
23 23 Learned about the Local Fund Transfer (LFT).
23 23 23 23 23 23

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 27 May ,2020
23 23 Use of Traveler cheque in banks.
23 23 23 23 23

28 May ,2020
23 23 In 4th day of this week. I understand & get the complete
23 23 23 23 23 23 23 23 23 23 23 23

knowledge about P.O 23 23 23

29 May ,2020
23 23 Understand the process of make of P.O & issue of P.O
23 23 23 23 23 23 23 23 23 23 23

30 May ,2020
23 23 Learn the process of the making of DD.
23 23 23 23 23 23 23

Signature of Supervisor: 23 23

5th week23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

Department: Cash Department and General banking (Customer Service Section)

23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Supervisor: Mam Sadaf 23 23

Date Activity/ Task 23

1 June ,2020
23 23 Work together with the supervisor of Cash department.
23 23 23 23 23 23 23

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 2 June ,2020
23 23 Learn how to verify the cheques
23 23 23 23 23 23

3 June ,2020
23 23 Working in the receipt department, fill the deposit slips & at the
23 23 23 23 23 23 23 23 23 23 23 23

end of day, help of supervisor in closing of cash procedure.

23 23 23 23 23 23 23 23 23 23

4 June ,2020
23 23 Utility bills 23

5 June ,2020
23 23 Collection of utility bills & records of bill data in scroll book.
23 23 23 23 23 23 23 23 23 23 23

6 June ,2020
23 23 In the last day, I performed the duty of CSO. Attend call, receive
23 23 23 23 23 23 23 23 23 23 23 23

23 inquires & make call to customer in any case.

23 23 23 23 23 23 23 23

Signature of Supervisor: 23 23

Six-week 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Officer: Miss Zardashia, Mr. Basharat

23 23 23 23

Date Activity/ Task 23

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 8 June ,2020
23 23 Learned about ATM. 23 23 23

Terms & condition about ATM.

23 23 23 23

9 June ,2020
23 23 Filling & Receiving of form of ATM.
23 23 23 23 23 23

Issue the ATM cards to the customers after fulfilling the necessary
23 23 23 23 23 23 23 23 23 23 23

requirement.
10 June ,2020
23 23 Help of customers in the activation of ATM
23 23 23 23 23 23 23

Receive & Record the complaints about the ATM from customers.
23 23 23 23 23 23 23 23 23

11 June ,2020
23 23 Learned about the locker’s facility provided by MCB
23 23 23 23 23 23 23

12 June ,2020
23 23 Final practice in account opening & Cash department.
23 23 23 23 23 23 23

13 June ,2020
23 23 Final practice in clearing & remittance department.
23 23 23 23 23 23

14 June ,2020
23 23 In last day, I worked almost in all departments & share our experience
23 23 23 23 23 23 23 23 23 23 23 23 23

about my working with staff.

23 23 23 23

Signature of Supervisor: 23 23

1st Week:
23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 In first week of my internship I paintings with well-known banking

23 23 23 23 23 23 23 23 23 23 23

department. My supervisor is Ms. Zardashia. She is a client services officer (CSO).

23 23 23 23 23 23 23 23 23 23 23 23 23

She tells me approximately the general concept of banking. She offers me a short
23 23 23 23 23 23 23 23 23 23 23 23 23 23

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idea about the deposit slip & many application & voucher that is utilized in bank.
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

Also tells me about distinct cheques & their capabilities.

23 23 23 23 23 23 23 23

2nd Week: 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 I paintings with the account opening branch inside the second week.
23 23 23 23 23 23 23 23 23 23 23

Here my supervisor is Ms. Zardashia. I find out about, who to open the exclusive
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

sorts of account. Which things kept in mind in beginning an account? How accounts
23 23 23 23 23 23 23 23 23 23 23 23 23 23

close & Issuing of cheque e-book & many different things.

23 23 23 23 23 23 23 23 23

3rd Week: 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 In the third week, I labored with the clearing branch. My supervisor is

23 23 23 23 23 23 23 23 23 23 23 23 23

Ms. Nabila Dar. He courses me about various things like inward & outward clearing.
23 23 23 23 23 23 23 23 23 23 23 23 23 23

I also examine the filling of entries of clearing. I receive cheques from customers
23 23 23 23 23 23 23 23 23 23 23 23 23 23

also. 23

4th Week: 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 In the 4th week, I paintings with the remittance department under the
23 23 23 23 23 23 23 23 23 23 23 23

supervision of the Ms. Nabila Dar. I study the RTC, making of PO & DD.
23 23 23 23 23 23 23 23 23 23 23 23 23 23

5th week: 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 In the 5th week, I paintings with Ms. Sadaf in coins branch. I work
23 23 23 23 23 23 23 23 23 23 23 23 23 23

with each remittance & payment department. Collect cheques from customers &
23 23 23 23 23 23 23 23 23 23 23

additionally acquire the software payments from customers.

23 23 23 23 23 23

6th Week: 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 In the last week, I paintings in ATM branch; study the whole

23 23 23 23 23 23 23 23 23 23 23 23

technique of ATM. Learn the locker method. At the quit, I paintings with the all
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

departments (General banking, Clearing, Remittance, ATM and Cash).

23 23 23 23 23 23 23

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Detail of department along with operation:
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

1st week: 23 23

Department: General Banking 23 23 23

Supervisors: Ms. Zardashia Chohan 23 23 23

Detail of my activities: 23 23 23

In my 1st my day in internship, I met with all team of workers in the bank. My 1st
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

week of internship is inside the well-known banking department, the officer of

23 23 23 23 23 23 23 23 23 23 23 23

standard banking branch is Ms. Zardashia Chohan, she is my manager in standard

23 23 23 23 23 23 23 23 23 23 23 23 23

banking department. In my 1st day I study the financial institution, what's banking
23 23 23 23 23 23 23 23 23 23 23 23 23

sector? What is the main function of the banks & over all the simple information
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

about financial institution? In second day, I study the deposit slip, that is part of
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

popular banking, here a financial institution officer address consumer. Customer

23 23 23 23 23 23 23 23 23 23

deposits their saving in bank for lots purposes. I learn the complete system of deposit
23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 slips & many other vouchers in banks. In 3rd day of my 1st week in internship, I
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

analyze from my supervisor about the different styles of the application e.g. Price
23 23 23 23 23 23 23 23 23 23 23 23 23

range transfer software. MCB financial institution affords a quicker manner of

23 23 23 23 23 23 23 23 23 23 23

moving cash to another area. I individually study this component in bank. In 4th day
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

I learn from my supervisor approximately extraordinary varieties of cheques in the

23 23 23 23 23 23 23 23 23 23 23 23

banks. Bank receives exclusive styles of cheques from customers who've an exclusive
23 23 23 23 23 23 23 23 23 23 23

23 function. In a 5th day of 1st week, I study the specific stamps which can be used in
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

fashionable banking department. This stamp is used in filling of deposits slips &
23 23 23 23 23 23 23 23 23 23 23 23 23

price range transfer software. In the closing day of 1st week, I learn about the fillings
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 of this slips like deposit slip & fund switch software. Mam fill one slip in order that
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 I understand than in an entire day I stuffed him all the slips in the financial
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

institution.
Some critical facts give me Miss Zardashia:
23 23 23 23 23 23 23

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  In filling of cheques. If within the slips, cutting or overwriting is occur than
23 23 23 23 23 23 23 23 23 23 23 23 23 23

it's far vital to take a signature of the customer on that unique location
23 23 23 23 23 23 23 23 23 23 23 23 23 23

wherein cutting is performed. 23 23 23

 The quantity that's written should be identical in phrase & parent

23 23 23 23 23 23 23 23 23 23

 The reproduction of CNIC is essential call for by means of patron within the
23 23 23 23 23 23 23 23 23 23 23 23 23 23

filling of deposit slips in case of these customers who've no financial

23 23 23 23 23 23 23 23 23 23 23 23

institution account in MCB. 23 23 23

Procedure of online transaction: 23 23 23 23

Following are necessities within the filling of online transaction

23 23 23 23 23 23 23 23

1. CNIC no. Of sender. 23 23 23

2. Beneficiary Account Number 23 23

3. Beneficiary Branch Name and department code 23 23 23 23 23

4. Amount of Funds switch in words & parent. 23 23 23 23 23 23 23

5. Signature of the purchaser who online switch the amount. 23 23 23 23 23 23 23 23

6. Purpose of transfer or online. 23 23 23 23

2nd Week:
23 23

Department: Account opening 23 23 23 23

Supervisor: Ms. Zardashia Chohan 23 23 23 23

Detail of my activities:
23 23 23

In the second one week of my internship inside the MCB, I paintings with the equal
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

supervisor Mam Zardashia Chohan. In this branch I find out about the account
23 23 23 23 23 23 23 23 23 23 23 23 23

starting procedure. My manager guides about the distinctive type of money owed
23 23 23 23 23 23 23 23 23 23 23 23

within the financial institution. She tells me approximately the distinctive sorts of
23 23 23 23 23 23 23 23 23 23 23 23

account like person account. Sole proprietorship account, partnership account,

23 23 23 23 23 23 23 23 23

corporate degree account and so forth. My supervisor additionally tells me some

23 23 23 23 23 23 23 23 23 23 23 23

critical matters which kept in mind for the duration of filling the account form. In
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

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this week firstly understood the whole system than practically work on this branch. I
23 23 23 23 23 23 23 23 23 23 23 23 23 23

opened many individual debts, accumulate the information from customers & than fill
23 23 23 23 23 23 23 23 23 23 23

23 their account opening shape.

23 23 23

Opening of New Account: 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 The number one function of any enterprise is

23 23 23 23 23 23 23 23

to create relationship among corporation & clients. Banks create this relation by
23 23 23 23 23 23 23 23 23 23 23 23

commencing the new accounts of clients in the bank. Every financial institution
23 23 23 23 23 23 23 23 23 23 23 23

attempted our pleasant to open the brand-new account on most degree. In this manner
23 23 23 23 23 23 23 23 23 23 23 23 23

23 financial institution generate their income. MCB open the exclusive varieties of
23 23 23 23 23 23 23 23 23 23 23

account given as comply with: 23 23 23 23

Formation of man or woman account: 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Banks observe the different policies23 23 23 23 23

&regulation before opening the man or woman account. A man or woman come in
23 23 23 23 23 23 23 23 23 23 23 23 23 23

the financial institution for starting the account with money, supervisor of the bank
23 23 23 23 23 23 23 23 23 23 23 23 23

demands the unique CNIC from the patron. If patron has an original CNIC than it's
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

far proving that the purchaser is the resident of the u. S. A., however it is not
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

simplest requirement for the client. Customer sale officer (CSO) verifies the CNIC
23 23 23 23 23 23 23 23 23 23 23 23

with the NADRA verifies.

23 23 23 23

MCB deliver a number of admire to the customers. Before beginning the account,
23 23 23 23 23 23 23 23 23 23 23 23 23

manager requested from the purchaser about the income useful resource of the
23 23 23 23 23 23 23 23 23 23 23 23

consumer. If the cause of the earnings is legal than the bank opens the account of the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 person.
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 The bank offers the account beginning
23 23 23 23 23 23

shape to consumer. In this form the client offers the facts this is written within the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

form. If the clients do now not fulfill the form himself than the bank employees
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

satisfy the form of the consumer on the behalf of the clients. I additionally fulfill the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

varieties of the clients of account beginning.

23 23 23 23 23 23

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Requirements for starting a person account: 23 23 23 23 23

• Photocopy of countrywide identification card of involved man or woman

23 23 23 23 23 23 23 23 23

• Also give the reproduction of CNIC of subsequent relations

23 23 23 23 23 23 23 23 23

• Application of account starting 23 23 23

• Signature on the signature specimen card 23 23 23 23 23

• Must write the source of fund

23 23 23 23 23

When these types of requirements fulfill the customer, officials signed at the
23 23 23 23 23 23 23 23 23 23 23 23

signature specimen card for attestation. The customer deposits the cash to the teller;
23 23 23 23 23 23 23 23 23 23 23 23 23

obtain the deposit slip for future references.

23 23 23 23 23 23

Account of salaried man or woman:

23 23 23 23 23

• Copy of CNIC of the salaried individual

23 23 23 23 23 23 23 23 23 23

• Person connect the profits slip with the shape

23 23 23 23 23 23 23 23 23

• Also connect the letter that is by way of organization

23 23 23 23 23 23 23 23 23 23

• CNIC copy of subsequent relations

23 23 23 23 23 23

Business Account: 23

Following are the necessities for opening the enterprise accounts:

23 23 23 23 23 23 23 23

• Copy of CNIC
23 23 23 23

• Business Letter head

23 23 23

• Business Stamp
23 23

• A letter wherein the request for account opening

23 23 23 23 23 23 23 23

• Copy of National Tax no.

23 23 23 23 23 23

• Also point out the workplace

23 23 23 23 23

Procedure of last an account: 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Customer has a proper to close 23 23 23 23 23 23

the account himself. Customers written a utility to the financial institution in which
23 23 23 23 23 23 23 23 23 23 23 23 23

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the consumer request to the financial institution for ultimate the account. Bank
23 23 23 23 23 23 23 23 23 23 23 23

completed following activities in ultimate an account:23 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Return the remaining balance to the customer. Customer returns the

23 23 23 23 23 23 23 23 23 23

debit card, cheques eBook & other gadgets to the banks. After doing method the
23 23 23 23 23 23 23 23 23 23 23 23 23 23

financial institution closes account 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

Issuance of Cheque Book & ATM card: 23 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 The financial institution

23 23 23

presents the cheque e book to the customer. Bank officer take a signature on from
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

the client than issue the cheque e-book. Second time the cheque book is issued when
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

the customer fills the leaf this is connected within the present cheque eBook. The
23 23 23 23 23 23 23 23 23 23 23 23 23 23

bank officer applies for new cheque eBook online.

23 23 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Cheque eBook contain on 10, 25, 50, a hundred

23 23 23 23 23 23 23 23

23 leaf. One cheque book is issued at one time. The bank data the cheque e book
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

issuing access inside the sign up wherein he files the name of consumer, account
23 23 23 23 23 23 23 23 23 23 23 23 23 23

wide variety, cheque e book leaf range from begin & end & at ultimate the bank
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

officer take the signature of the consumer.

23 23 23 23 23 23

3rd Week: 08August2102—15August2012

23 23

Department: General Banking (Clearing Section) 23 23 23 23 23 23

Supervisor: Ms. Nabila Dar 23 23 23 23

Detail of my activities: 23 23 23

Clearing Department: 23

MCB offer loads of offerings to the patron. In the third branch, I paintings with the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

clearing branch & right here my manager is Mam Nabila Dar. She publications me
23 23 23 23 23 23 23 23 23 23 23 23 23 23

about the clearing. In banks, varieties of clearing are accomplished. One is inward
23 23 23 23 23 23 23 23 23 23 23 23 23

clearing & 2nd is outward clearing. Banks acquire the assessments of the consumer
23 23 23 23 23 23 23 23 23 23 23 23 23

whose are drawn on it of the other banks. Customers who aren't inside the town also
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

avail this facility. 23 23 23

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Clearing:
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Clearing is the ability that is furnished with the aid of the banks to the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

customers for the switch of the funds. Here I explain clearing through an instance. A
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

is a purchaser of MCB get hold of cheque from the person that is the purchaser of
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

other bank, present this cheque inside the MCB. Bank put the manner on this cheque
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

& this example is also for the outward clearing. Now I provide an explanation for
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

each types of the clearing below:

23 23 23 23 23

Kinds of clearing: 23 23

• Outward 23

• Inward 23

Outward clearing: 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 1st is outward. In this clearing, in MCB financial

23 23 23 23 23 23 23 23 23

institution the cheques of the opposite banks are gift. The General Branch officer
23 23 23 23 23 23 23 23 23 23 23 23 23

paintings on it, confirm the cheques of the others financial institution & put inside
23 23 23 23 23 23 23 23 23 23 23 23 23 23

the NIFT portion. NIFT get hold of the cheques from the banks & switch the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

cheques to the original department. The financial institution where is the cheque is
23 23 23 23 23 23 23 23 23 23 23 23 23

present report the entry in his eBook & subsequent day or after three days while the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

verification is completed by means of the financial institution, the presenting

23 23 23 23 23 23 23 23 23 23 23

department of that cheques credit score the money owed of the customer with the
23 23 23 23 23 23 23 23 23 23 23 23 23 23

quantity that is written within the cheques, credit means increase inside the account
23 23 23 23 23 23 23 23 23 23 23 23 23

of the consumer & if the verification is executed with the aid of the financial
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

institution & reject the cheque via the financial institution than the financial
23 23 23 23 23 23 23 23 23 23 23 23

institution not credit score the account of the clients.

23 23 23 23 23 23 23 23

Inward Clearing: 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 A 2nd form of the clearing is inward clearing wherein the

23 23 23 23 23 23 23 23 23 23 23

bank receives the cheques from the NIFT. These are the ones cheques that are the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

cheques of that branch & shown every other department & acquire these cheques for
23 23 23 23 23 23 23 23 23 23 23 23 23 23

the verification. The collecting branch wherein is cheques is established take a look
23 23 23 23 23 23 23 23 23 23 23 23 23

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at the various things before verifying the cheque like account of that character that he
23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 has a money in the account or now not. If there may be money than the financial
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

institution officer, verify the cheque & transfer in the subsequent day or after three
23 23 23 23 23 23 23 23 23 23 23 23 23 23

days in intercity clearing & debit the account of the clients which means that the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

deduction of the amount from the account of the clients. Next branch gets the cheque
23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 & credit the account of department purchaser. If the financial institution wherein his
23 23 23 23 23 23 23 23 23 23 23 23 23

personal cheque is present & after verification clean the cheques however after it if
23 23 23 23 23 23 23 23 23 23 23 23 23 23

the cheque is cancel due to any motive than the bank once more the credit score the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

account of the consumer due to the fact the cash is not deducted from the subsequent
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 department. The debit & credit score is recorded in the voucher of the debit & credit
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 score. The credit score voucher is the yellow coloration & the debit voucher is the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

red coloration. The transaction of the inward is likewise recorded in the sign up of
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

inward. 23 23

Intercity clearing: 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Banks are divided in to 2 areas, one is the neighborhood

23 23 23 23 23 23 23 23 23 23 23

area & the second one is the intercity vicinity. In neighborhood location, the closest
23 23 23 23 23 23 23 23 23 23 23 23 23 23

regions exist. For instance, for the JALAL PUR JATTAN department, GUJRAT,
23 23 23 23 23 23 23 23 23 23 23

Wazirabad, Sialkot & many other areas that is connect with the JALAL PUR
23 23 23 23 23 23 23 23 23 23 23 23 23

JATTAN are in the local place. On the opposite hand, Lahore, Islamabad, Karachi &
23 23 23 23 23 23 23 23 23 23 23 23 23 23

many different cities exist in the intercity. The banks provide the intercity facility to
23 23 23 23 23 23 23 23 23 23 23 23 23 23

the clients. The cheques which might be drawn with the aid of the person on the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

other man or woman but no longer for the local area exist in the intercity. NIFT
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

provide the power of intercity to the distinct banks. Bank officer skip the cheques,
23 23 23 23 23 23 23 23 23 23 23 23 23 23

sign on it, skip the stamp at the lower back & front of the cheques & NIFT obtain
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

the cheque & transfer to the particular department. The intercity is executed within
23 23 23 23 23 23 23 23 23 23 23 23 23

the three days. Banks rate the amount at the intercity facility from the customers.
23 23 23 23 23 23 23 23 23 23 23 23 23 23

NIFT rate the amounts from the banks for the moving. The fees of intercity is Rs.
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

290 23

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Same day clearing: 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 This is also a facility that is provided through the

23 23 23 23 23 23 23 23 23 23

banks to client that is identical day clearing wherein bank get hold of the inward &
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

outward cheques via NIFT. NIFT clear these cheques on a one day. This facility is
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

most effective available inside the large size branches in big towns. This facility isn't
23 23 23 23 23 23 23 23 23 23 23 23 23 23

in the JALAL PUR JATTAN department.

23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 NIFT deliver the cheques to the bank 10a.M &

23 23 23 23 23 23 23 23 23

after it send those cheques to the opposite bank at 4p.M after clearing & additionally
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

get hold of their prices. This facility is furnished handiest the cheques of Rs. 500000
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

& greater.
23 23

Types of Collection Cheque:23 23 23

Transfer transport Cheques: 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Cheques in which branches contain but 23 23 23 23 23 23

both branches are under one name like MCB. One branch accumulated & different
23 23 23 23 23 23 23 23 23 23 23 23 23

department paid the quantity of cheque. 23 23 23 23 23

Clearing Cheques: 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Clearing cheques are the ones cheques which are drawn

23 23 23 23 23 23 23 23 23

inside the banks inside the same city or place. These areas exist within the
23 23 23 23 23 23 23 23 23 23 23 23 23 23

neighborhood area consistent with the NIFT distribution. 23 23 23 23 23 23

Collection Cheques (CC): 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 CC is cheques which can be drawn upon bank

23 23 23 23 23 23 23 23

23 of the same department or on the opposite banks, however state of affairs of these
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

banks isn't in nearby location. One bank is inside the intercity distribution.
23 23 23 23 23 23 23 23 23 23 23 23

4th Week: 23 23

Department: General Banking (Remittance Section) 23 23 23 23

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Supervisor: Ms. Nabila Dar 23 23 23 23

Detail of my activities: 23 23 23

Remittance Department: 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 In the 4th week I paintings

23 23 23 23 23 23

with the remittance department. My supervisor is Mam Nabila Dar. In this department
23 23 23 23 23 23 23 23 23 23 23 23

23 I learn about the remittance in the MCB bank. Remittance is a facility wherein
23 23 23 23 23 23 23 23 23 23 23 23 23 23

financial institution transfer the cash within the u. S. A. & out of doors the u. S. On
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

the behalf of the patron & deduct expenses for offering this facility. Remittance has
23 23 23 23 23 23 23 23 23 23 23 23 23 23

kinds:
Types of Remittance: 23 23

Inward Remittance: 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 The first form of the remittance is the inward remittance

23 23 23 23 23 23 23 23 23 23

in which financial institution receives the device from the consumer for moving the
23 23 23 23 23 23 23 23 23 23 23 23 23

money.
Outward Remittance: 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 The 2d kind of the Remittance is the outward

23 23 23 23 23 23 23 23 23

remittance in which the bank trouble/ pay the instrument to the patron on the behalf
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

of the alternative person.

23 23 23

Participant of Remittance: 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Following are the events that is part of remittance,

23 23 23 23 23 23 23 23

• Beneficiary
• Applicant 23

• Agent (bank) 23

Ways of Payments: 23 23

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Demand Draft: 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Mode of charge in which the bank made the draft on

23 23 23 23 23 23 23 23 23 23 23

the behalf of the purchaser. The bank fills the form of the demand draft. The quantity
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 is deducted from the account of the character. This is made specially to avoid the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

loss of physical quantity. Customer maximum tried to no longer have money within
23 23 23 23 23 23 23 23 23 23 23 23 23

the bodily nature, so that they have become the call for draft from the financial
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

institution.
Pay Order: 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 It is likewise a method of charge wherein consumer order to the

23 23 23 23 23 23 23 23 23 23 23 23

financial institution to pay the positive sum of money to the precise character on the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

behalf of the purchaser. The bank deducts the amount from the account of the patron.
23 23 23 23 23 23 23 23 23 23 23 23 23 23

23

Steps contain in issuing DD and PO:

23 23 23 23 23 23

• if a person wants to make a DD & PO from the banks than he writes an

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

utility to the financial institution than financial institution make the DD & PO on the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

behalf of the purchaser. Bank deducts the costs from the clients.
23 23 23 23 23 23 23 23 23 23

• The software is composed on some query that's necessary to meet with the aid
23 23 23 23 23 23 23 23 23 23 23 23 23

23 of the customers like call, forex call, beneficiary name & signature of the client.
23 23 23 23 23 23 23 23 23 23 23 23 23

Banker’s cheque: 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 An instrument that is newly introduce in all banks in

23 23 23 23 23 23 23 23 23 23

which an order to pay the amount of cash to the customers & in this instrument the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

restrict of the presented at the specified branch is removed.

23 23 23 23 23 23 23 23 23

5th week:
23 23

Department: Cash Department and General banking 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

Officer: Ms. Sadaf 23 23 23

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Detail of my assignments: 23 23 23

In fifth week, I work with the cash branch. Here my supervisor is Mam Sadaf. I
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

research lots of factors on this branch approximately the coins. I collect the payments
23 23 23 23 23 23 23 23 23 23 23 23 23

23 of the customer, pay cash, and receive the coins from the customers.
23 23 23 23 23 23 23 23 23 23 23

In coins branch, following are the books are organized:

23 23 23 23 23 23 23 23

1. Book of cash in hand

23 23 23 23 23

2. Cash book of State Bank of Pakistan

23 23 23 23 23 23 23 23

3. Book of recording of invoice (Scroll Book)

23 23 23 23 23 23 23

In coins department, the clients deposit the cash within the account. The clients
23 23 23 23 23 23 23 23 23 23 23 23 23

satisfy the deposit slip & confirmed through the officer of the bank than gift the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

deposit slip within the counter. Teller once more established than gets the cash &
23 23 23 23 23 23 23 23 23 23 23 23 23 23

switch within the account. 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 When the character wants to obtain the quantity

23 23 23 23 23 23 23 23

from the financial institution, he writes a cheque & draw on financial institution.
23 23 23 23 23 23 23 23 23 23 23 23 23

Bank officer BOM confirm the cheque & join up it. Then this cheque is switch to
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

the teller he also confirmed the cheques & than pay the quantity to the customer.
23 23 23 23 23 23 23 23 23 23 23 23 23 23

Cash is saves in the locker of the bank & each day whole manner performed. Record
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 the entries in the books & identical the cash in step with the report facts.
23 23 23 23 23 23 23 23 23 23 23 23 23 23

“Cash on the start of the day + cash acquire all through the day – coins pay at
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

some stage in the 12 months = coins at the end of the day”

23 23 23 23 23 23 23 23 23 23 23 23 23

Cash department is the more hazardous department. The process of the accountant
23 23 23 23 23 23 23 23 23 23 23 23

additionally so tough because there's converting within the one-rupee access become
23 23 23 23 23 23 23 23 23 23 23

the illegal paintings & accountant is going to under remark. Cash department is
23 23 23 23 23 23 23 23 23 23 23 23 23

riskier, supervisor has also not allowed to enter inside the branch without the
23 23 23 23 23 23 23 23 23 23 23 23 23

permission of the officers within the cash department. Bank management adopts lots
23 23 23 23 23 23 23 23 23 23 23 23

of precaution like grilled all of the space of the coins branch, cameras are put inside
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

the department, a defend assign for the protection of the cash department.
23 23 23 23 23 23 23 23 23 23 23

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Collection of software payments: 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 MCB also get hold of the payments of the

23 23 23 23 23 23 23 23 23

purchaser at the behalf of the corporations of that bill. Bank fee the commission on
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

receiving the quantities of the bills. Tellers carry out their responsibility in receiving
23 23 23 23 23 23 23 23 23 23 23 23 23

the payments.
23

6th Week:
23 23

Department: General banking 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

Supervisor: 23 23 23 Mr. Basharat & Ms. Zardashia

23 23 23 23

Picture of my working: 23 23 23

23 In closing week of my internship, I paintings with the general banking branch &
23 23 23 23 23 23 23 23 23 23 23 23 23 23

right here I paintings in ATM department. I study the whole method of the ATM
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

issuing & many different things about the ATM. Banks placed the cash inside the
23 23 23 23 23 23 23 23 23 23 23 23 23 23

inside the ATM in 12:00 pm. Bank document the transaction of entering the cash
23 23 23 23 23 23 23 23 23 23 23 23 23 23

within the ATM system. In the ultimate day I work with all departments to
23 23 23 23 23 23 23 23 23 23 23 23 23 23

understand the paintings of all departments once more.

23 23 23 23 23 23 23 23

ATM Cards: 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Banks provide this facility to the ones customers that have the
23 23 23 23 23 23 23 23 23 23 23

account within the banks. Following is the process undertake by means of the
23 23 23 23 23 23 23 23 23 23 23 23 23

financial institution in issuing of the ATM.

23 23 23 23 23 23

 Customer fills the shape of ATM issuing. Customer offer the information to
23 23 23 23 23 23 23 23 23 23 23 23

the bank which is traumatic inside the form

23 23 23 23 23 23 23

 This form takes a look at by using the overall banking officer & after the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

verification this form records is dispatched to the Karachi ministry who

23 23 23 23 23 23 23 23 23 23 23

paintings on it. 23 23

 When banks obtain the cardboard from Karachi, he sent this card to the
23 23 23 23 23 23 23 23 23 23 23 23 23

purchaser on his deal with that is written inside the form.

23 23 23 23 23 23 23 23 23 23

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  When customer acquire the card than he registers the cardboard by calling the
23 23 23 23 23 23 23 23 23 23 23 23 23

helpline of the bank & acquire the password variety which he wants.
23 23 23 23 23 23 23 23 23 23 23

 When the cardboard is sign up than it's far ends up useable with the aid of
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

the consumer. 23

 The charge at the ATM is receiving at the daily foundation.

23 23 23 23 23 23 23 23 23 23

Charges on ATM: 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Issue of ATM: Rs.250/- 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Annual fee of ATM: Rs.250/- 23 23 23 23

Locker facility: 23

MCB also provide a facility of the lockers to the customers.

23 23 23 23 23 23 23 23 23 23 23

MCB offer unique types of lockers to the clients like small size locker, medium
23 23 23 23 23 23 23 23 23 23 23 23 23 23

length lockers, massive length locker, charge at the lockers is rate at the annually
23 23 23 23 23 23 23 23 23 23 23 23 23 23

basis from the bank. Locker is open with two keys. One secret is inside the custody
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

of the client & different in the custody of the bank.

23 23 23 23 23 23 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

Procedure of the use of locker: 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 When clients need to use the locker, he

23 23 23 23 23 23 23 23

goes to the bank with a key of locker &Met with the manager. He statistics the entry
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 of the usage of the lockers by means of the customers. Firstly, the manager
23 23 23 23 23 23 23 23 23 23 23 23 23 23

positioned the important thing to the locker & than the purchaser attaches the key of
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

the locker than locker open.

23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

Task Assigned to me: 23 23 23

I assigned distinct challenge at some point of my internship this is given under:

23 23 23 23 23 23 23 23 23 23 23 23 23

Issuing Deposit Slips to Customers: 23 23 23 23

In clearing department, I issue the deposit slip to customers.

23 23 23 23 23 23 23 23 23

Fill the net fund switch programs:

23 23 23 23 23

23 There is lots of transaction of the net in an afternoon, so I filled loads of on-line

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

software in a day. 23 23 23

Opening of an account: 23 23 23

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Bank opened three to 5 Accounts every day so that there's a long form which many
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

people do not fill himself. I fill the account opening form & signed from the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

supervisor.
Vouchers:
I made the debit & credit score voucher in a day. Debit for fee the commission from
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

accountholders & credit score to transfer any earnings to the accountholder account. 23 23 23 23 23 23 23 23 23 23 23

Issuance of cheque e-book: 23 23 23

I also issue the cheque books to the purchaser. The first-time cheque e book issued
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

after the verification via the manager. Banks publish a letter of thanks to the new
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

account holders & while the client come with the letter of thank you than I record
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

the records inside the cheque issuing books like name, no. Of leaf, cheque book no
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

& take the signature of the clients.

23 23 23 23 23 23

Record Entries in Clearing Register: 23 23 23 23

I am working with the clearing department I make entries at each day basis of
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

clearing (inward & outward). My supervisor verifies the cheques which might be
23 23 23 23 23 23 23 23 23 23 23 23

inside the outward clearing than I file the facts of outward clearing cheque inside the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

outward clearing sign in. In check in the call of different financial institution, drawee
23 23 23 23 23 23 23 23 23 23 23 23 23 23

name, quantity, date is written & at the give up the overall amount of outward is
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

written & than suit with the original cheques than on the quit my supervisor make a
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

list of all outward clearing cheques & than NIFT receive those cheques & switch to
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

their detailed banks.23 23

Same case is occurring within the inward clearing. When MCB acquire his own bank
23 23 23 23 23 23 23 23 23 23 23 23 23

23 cheques than report the facts, in this case the consumer account is debited with the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

amount that is written inside the inward clearing cheques.

23 23 23 23 23 23 23 23

Utility Bills Collection: 23 23

I get hold of the application payments of the clients. Take money from customers &
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

deduct the quantity of the bills. The client reproduction is giving to the customer &
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

workplace reproduction is saved via him for similarly statistics. Make an entry time
23 23 23 23 23 23 23 23 23 23 23 23 23

to time by way of receiving the payments & on the end, the complete statistics is
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

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record & suit with the original entries. A bill scroll e-book is maintained with the aid
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 of me. On every bills collection, bank price Rs. 8

23 23 23 23 23 23 23 23 23

.
Summary of mastering: 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 I have completed my internship in the

23 23 23 23 23 23 23

MCB bank in JALAL PUR JATTAN. Internship gives me a chance to beautify my

23 23 23 23 23 23 23 23 23 23 23 23 23 23

competencies. MCB is a well-known financial institution in Pakistan & it's miles my

23 23 23 23 23 23 23 23 23 23 23 23 23

luck to do paintings with an excessive general banking employer. The complete

23 23 23 23 23 23 23 23 23 23 23 23

supervisor inside the bank may be very competent. I study a lot of factors from our
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

supervisors.
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 In the begin I am shy & frightened that how
23 23 23 23 23 23 23 23 23 23

I do work with the group of workers & understand the banking device in a practical
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

discipline but my all manager educated me thoroughly I research a variety of

23 23 23 23 23 23 23 23 23 23 23 23 23

capabilities within the MCB which assist me at anywhere in my career & realistic
23 23 23 23 23 23 23 23 23 23 23 23 23 23

discipline. I also learn how a burden of labor manages inside the financial institution.
23 23 23 23 23 23 23 23 23 23 23 23 23

23 My supervisor takes a variety of paintings from me & I tried our exceptional to do

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

nicely due to the fact those are my obligations. I have a look at many things in doing
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 internship in bank. 23 23 23 23 Internship additionally have an impact on my destiny career

23 23 23 23 23 23 23 23 23

plans & I additionally relate my knowledge with practical discipline work.

23 23 23 23 23 23 23 23 23 23

Skill:
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 I research a lot of Skills inside the internship. My all manager
23 23 23 23 23 23 23 23 23 23 23 23

could be very beneficial. They are all provide me a maximum time in his busy time
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

& attempted his exceptional to offer me quite a few abilities of sensible discipline.
23 23 23 23 23 23 23 23 23 23 23 23 23 23

Followings are the skills which I study within the MCB. 23 23 23 23 23 23 23 23 23

 My self-belief will increase.

23 23 23

 Dealing with purchaser. 23 23

 Manage the difficult time in the financial institution.

23 23 23 23 23 23 23

 Discussions on preferred field. 23 23 23

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  Satisfied the clients. 23 23

 Understand general system that is adopted in banks anticipate computerized

23 23 23 23 23 23 23 23 23 23

recording of records 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

 I adopt a variety of correct addiction after the internship

23 23 23 23 23 23 23 23 23

 My management grow to be strong & more punctuate in time

23 23 23 23 23 23 23 23 23 23

 I take a decision in no time with a great thinking, in order that my decision-

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

making talent beautify. 23 23 23 23 23 23 23 23 23 23

 A huge component that I examine in my personality this is I feel I emerge as

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

professional & I try to in my normal lifestyles to adoption this conduct.

23 23 23 23 23 23 23 23 23 23 23 23

Responsibility:
During my internship in MCB, I have taken numerous Responsibilities. I like the
23 23 23 23 23 23 23 23 23 23 23 23 23

banking field, so I revel in the work in internship. At all time working in all
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

departments, my hardly attempt that my manager take loads of work from me. These
23 23 23 23 23 23 23 23 23 23 23 23 23 23

responsibilities enhance my abilities & competencies. I enjoy the load of banking

23 23 23 23 23 23 23 23 23 23 23 23

work in all departments. I work with every department like well-known banking
23 23 23 23 23 23 23 23 23 23 23 23

departments, clearing & remittances branch, coins department and so on. I understood
23 23 23 23 23 23 23 23 23 23 23

23 the filling paintings inside the financial institution e.G. Filling of online slips, deposit
23 23 23 23 23 23 23 23 23 23 23 23

23 slips, debit slips, credit score slips & recording of various sports in the financial
23 23 23 23 23 23 23 23 23 23 23 23 23 23

institution in sign up. 23 23 23

During my internship I take numerous responsibilities. These responsibilities given

23 23 23 23 23 23 23 23 23 23

below in series: 23 23

 Filling of different varieties of cheques23 23 23 23 23

 Filling of on-line utility this is also known as the finances moving application
23 23 23 23 23 23 23 23 23 23 23 23

 Filling of deposit slips 23 23 23

 I take an obligation of file of inward & outward clearance within the check in
23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 at the everyday basis & I educated thoroughly in this working

23 23 23 23 23 23 23 23 23 23

 I take an obligation to calculate the payments amount from the bills inside the
23 23 23 23 23 23 23 23 23 23 23 23 23

23 days of bills paid by using people & make a scroll sheet of payments often.
23 23 23 23 23 23 23 23 23 23 23 23 23 23

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  Sometimes, in a few instances I pay as you go the debit slips & credit score
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

slips.
 Recording of cheque book issuing & ATM issuing in the check in. 23 23 23 23 23 23 23 23 23 23 23

 I take a responsibility & my manager of preferred banking branch assigned a

23 23 23 23 23 23 23 23 23 23 23 23 23

duty that once a patron is coming to open an account than I fulfill the shape
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

of newly opened account.

23 23 23

 I additionally paintings as a cellphone operator inside the MCB bank. I call

23 23 23 23 23 23 23 23 23 23 23 23 23

the consumer to take a cheque book. I also attend the calls of the customers
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

& listen the complaints of the patron

23 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 In operating in all departments of bank,

23 23 23 23 23 23 23

my know-how complements & I learn loads of latest matters inside the financial
23 23 23 23 23 23 23 23 23 23 23 23 23

institution. I get the revel in running with bank. I understand quite a few rules &
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

regulations about the financial institution, their working, regarding patron conduct,
23 23 23 23 23 23 23 23 23 23

staff dating & many different matters. In operating different branch than I recognize
23 23 23 23 23 23 23 23 23 23 23 23 23

that everyone has a function in making the agency a hit. Fulfillment of

23 23 23 23 23 23 23 23 23 23 23 23 23

responsibilities via every staff member in time makes an organization more 23 23 23 23 23 23 23 23 23 23 23

prosperous.
Influence on my future plan: 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 Internship where offer me a lot 23 23 23 23 23

23 of abilities & beautify my persona & additionally deliver a right way to address the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

business activities there it is offer me a whole lot of guideless approximately my

23 23 23 23 23 23 23 23 23 23 23 23 23 23

Future Career. I in my view like the banking field & have a dream to join the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

banking subject after me of completion of take a look at.

23 23 23 23 23 23 23 23 23 23

To make plan about your future is difficult nut to crack. Many humans typically fail
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

to pick their proper profession and it triggered for failure in their life. Before my
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

internship, there isn't always a clear theme in my thoughts approximately my sensible

23 23 23 23 23 23 23 23 23 23 23 23

23 discipline most effective like the banking region. But with the aid of doing the
23 23 23 23 23 23 23 23 23 23 23 23 23 23

internship inside the MCB bank, my ambiguous photo will become clean in my
23 23 23 23 23 23 23 23 23 23 23 23 23

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thoughts. My expectation about this discipline often right so internship in MCB
23 23 23 23 23 23 23 23 23 23 23 23

financial institution strongly have an effect on my future career plan.

23 23 23 23 23 23 23 23 23 23

Five.4.6.4. Practical area & my classroom know-how: 23 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 There 23

are a number of mission & activities that I done in the MCB bank. Before internship
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

I know the maximum business rules & many accounting popular that's followed in
23 23 23 23 23 23 23 23 23 23 23 23 23

running of business recording. I correlated my information frequently all through my

23 23 23 23 23 23 23 23 23 23 23 23

internship. I agree numerous this element that the matters which I study in my
23 23 23 23 23 23 23 23 23 23 23 23 23 23

instructional middle correlated with the sensible discipline but it is a unmarried

23 23 23 23 23 23 23 23 23 23 23 23

element that I notion our expertise to the practical subject is the adoption of this
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

expertise in to the practical discipline due to the fact we haven't any experience
23 23 23 23 23 23 23 23 23 23 23 23 23 23

earlier than. Through internship it changed into got here into my experience that
23 23 23 23 23 23 23 23 23 23 23 23 23

which we learnt in our have a look at profession is no idle /its topics lot in subject
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

work to reveal competency

23 23 23

Conclusion:
The banking gadget of Pakistan isn't always properly mounted as examine to the
23 23 23 23 23 23 23 23 23 23 23 23 23

banking quarter within the global however it plays a crucial function inside the
23 23 23 23 23 23 23 23 23 23 23 23 23

monetary increase of the USA. Banks run the financial part of the united states to
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

make the country greater green & productive. In a quick way, we will say that the
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

banks are the spine of any U. S. A. For its improvement.

23 23 23 23 23 23 23 23 23 23 23 23

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 The banking area common work at the identical nature of the

23 23 23 23 23 23 23 23 23 23

23 undertaking like awareness the customer & apprehend the want & need of the
23 23 23 23 23 23 23 23 23 23 23 23 23

patron, enhance the control guidelines of the banking sector, broaden the prepared
23 23 23 23 23 23 23 23 23 23 23 23

shape for the banking region. Almost all of the banks within the united states work
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

for the unmarried venture for the development of the country.

23 23 23 23 23 23 23 23 23

Key conclusion derived from internship:

23 23 23 23

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In a nutshell, internship provide a number of capabilities, capabilities & many
23 23 23 23 23 23 23 23 23 23 23 23

sensible area information, to do internship inside the MCB, it’s now not best satisfy
23 23 23 23 23 23 23 23 23 23 23 23 23 23

my internship requirement of college however in actual, I enjoyed lots this revel in of

23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 internship,
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 I derived plenty of revel in from the internship
23 23 23 23 23 23 23 23 23

revel in. I read the complete records of the MCB; I won a number of information
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

about this employer. In destiny I additionally advise to our buddies to do internship

23 23 23 23 23 23 23 23 23 23 23 23 23 23

in the MCB, this financial institution offer a totally internship surroundings to his
23 23 23 23 23 23 23 23 23 23 23 23 23

internee.

General observation about sector: 23 23 23

During my training period I even have determined loads of things .Each employer
23 23 23 23 23 23 23 23 23 23 23 23 23

has a few strong factors in addition to susceptible points/ during my schooling tenure
23 23 23 23 23 23 23 23 23 23 23 23 23 23

have determined that over all MCB is a well-known and nicely set up business
23 23 23 23 23 23 23 23 23 23 23 23 23 23

enterprise /and it have finished plenty but I additionally look at a few point which
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

can be important for it to manage in order get more pronunciation and achievement,
23 23 23 23 23 23 23 23 23 23 23 23 23 23

right here I am trying to say here a few factors that are observed via me during
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

internship tenure. 23

SWOT ANALYSIS: 23

Strength:
 Only the one bank that is sign up in the London stock alternate.
23 23 23 23 23 23 23 23 23 23 23 23

 A huge variety of MCB branches inside the u. S. A.

23 23 23 23 23 23 23 23 23 23 23

 Capture a huge marketplace inside the banking area & robust presence within
23 23 23 23 23 23 23 23 23 23 23 23

the marketplace. 23

 Provide lots of product & offerings to the clients.

23 23 23 23 23 23 23 23

 MCB also set up their commercial enterprise overseas which assist to generate
23 23 23 23 23 23 23 23 23 23 23

23 the forex. 23

 MCB use the modern era in the banking field.

23 23 23 23 23 23 23 23

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  Provide a twenty-four-hour services to the clients.
23 23 23 23 23 23

 MCB win the “CSR Business Exclusive Award” in 2012

23 23 23 23 23 23 23 23

 MCB is best the bank who wins 8 Euro Money Awards & five Asia Money
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

Award. MCB additionally become the most powerful financial institution of

23 23 23 23 23 23 23 23 23 23

Pakistan in 2010. 23 23 23

 MCB have a skilled & revel in control & workforce.

23 23 23 23 23 23 23 23 23

 MCB provide green IT environment & online banking to customers.

23 23 23 23 23 23 23 23 23 23

 MCB is within the Top 3 industrial banks in Pakistan.

23 23 23 23 23 23 23 23 23

 MCB performance increase every day.

23 23 23 23

 MCB provide the social way of life to the customers in all branches.
23 23 23 23 23 23 23 23 23 23 23 23

 MCB attention at the client services & attempted to offer new merchandise &
23 23 23 23 23 23 23 23 23 23 23 23 23

offerings to customers. 23 23 23

 MCB create/ increase a sturdy dating with clients.

23 23 23 23 23 23 23

 MCB make use of his sources in an effective way.

23 23 23 23 23 23 23 23 23

 MCB has a biggest ATM gadget in all over Pakistan

23 23 23 23 23 23 23 23 23

Weakness:
 Satisfaction stage of MCB employees not according to his personal wish.
23 23 23 23 23 23 23 23 23 23

 Favoritism/ Biasness occur at special tiers in financial institution

23 23 23 23 23 23 23 23 23 23

 Advertisement no longer powerful in order that customers not recognized

23 23 23 23 23 23 23 23 23 23

MCB merchandise.
23

 There isn't any equal significance some of the personnel.

23 23 23 23 23 23 23 23

 There is a difference between the good really worth purchaser & lower well
23 23 23 23 23 23 23 23 23 23 23 23 23

worth customers in shape of account.

23 23 23 23 23 23

 Centralization structure utilized in MCB in order that’s why many choices isn't
23 23 23 23 23 23 23 23 23 23 23

23 always goes inside the want of company.

23 23 23 23 23 23

 The personnel no longer unswerving & sincere with business enterprise

23 23 23 23 23 23 23 23 23 23

because management does not fulfill the primary demands of personnel.

23 23 23 23 23 23 23 23 23 23

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  The employees now not promoted on higher degree on the bottom of
23 23 23 23 23 23 23 23 23 23 23 23

performance but on the bottom of seniority. 23 23 23 23 23 23 23

 Behavior of the better control isn't first-class with lower level of employees.
23 23 23 23 23 23 23 23 23 23 23

 MCB now not involve the able workforce inside the audit of the firm.
23 23 23 23 23 23 23 23 23 23 23 23

Opportunity:

 MCB have to make bigger his machine within the united states & outdoor
23 23 23 23 23 23 23 23 23 23 23 23 23

the united states of America as nicely.

23 23 23 23 23 23

 MCB must offer the espousers to the clients which other banks do not
23 23 23 23 23 23 23 23 23 23 23 23 23

provide. 23

 Bank have to set up the Islamic banking at viable degrees.

23 23 23 23 23 23 23 23 23 23

 Increase the number of branches of trendy banking as well as Islamic

23 23 23 23 23 23 23 23 23 23 23 23

banking.
 MCB cowl many regions out of doors the u. S. A., need to increase their
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

foreign banking at most degree. 23 23 23 23

 MCB introduce lots of recent products for the customers like car financing
23 23 23 23 23 23 23 23 23 23 23

23 & many different things. It enables to increase the market share.

23 23 23 23 23 23 23 23 23 23

 MCB need to manage the internal surroundings in the corporation which

23 23 23 23 23 23 23 23 23 23 23

increases the profitability of the financial institution.

23 23 23 23 23 23

 MCB should offer a dynamic environment to the employees which assist

23 23 23 23 23 23 23 23 23 23 23

to growth the growth.

23 23 23

 Although MCB offer quite a few products & effective services to the
23 23 23 23 23 23 23 23 23 23 23 23

present customers. MCB should plan to facilitate the new clients which
23 23 23 23 23 23 23 23 23 23 23

turn out to be the motive of increase for MCB.

23 23 23 23 23 23 23 23 23

 As MCB earn lots as evaluate to preceding years. MCB have to provide

23 23 23 23 23 23 23 23 23 23 23 23 23

facilities to the employees so on this way they turn out to be so loyal

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

approximately financial institution & productiveness of the bank boom. 23 23 23 23 23 23 23 23 23

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  MCB have an ability & enjoy group of workers. MCB should educate in
23 23 23 23 23 23 23 23 23 23 23 23 23

step with the international standard so the danger of fraud to be eliminated

23 23 23 23 23 23 23 23 23 23 23 23

23 completely.
 MCB have to open the branches in the rural place so the humans of rural
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

region aware from bank & efficiency & productiveness of the bank
23 23 23 23 23 23 23 23 23 23 23

growth.
 The bank earns lots of income via given the loan to the industrialist &
23 23 23 23 23 23 23 23 23 23 23 23 23 23

agriculturist.
 MCB has prospect to begin new schemes for deposits due to the fact the
23 23 23 23 23 23 23 23 23 23 23 23 23 23

fashion of saving in Pakistan growth. 23 23 23 23 23

Threat:
 Economy of the Pakistan isn't always robust, so it is a outstanding risk for
23 23 23 23 23 23 23 23 23 23 23 23 23 23

banking zone as well as MCB. 23 23 23 23 23

 In Pakistan, the political situation is not nicely. It is unstable political

23 23 23 23 23 23 23 23 23 23 23 23

surroundings in the u . S . A Which impacts the MCB working at any degree.

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23

 There is an excellent competition inside the banks in Pakistan.

23 23 23 23 23 23 23 23 23

 Inflation charge excessive in Pakistan which impacts the overall rates of

23 23 23 23 23 23 23 23 23 23 23

financial institution. 23

 In Pakistan, the banks of different nations additionally work with tremendous

23 23 23 23 23 23 23 23 23 23 23

capital that's a largest risk for banking sector in addition to MCB.

23 23 23 23 23 23 23 23 23 23 23

 Foreigner banks lower the marketplace percentage of the MCB.

23 23 23 23 23 23 23 23 23

 Mergers of organization also are a hazard for the MCB.

23 23 23 23 23 23 23 23 23 23

 MCB run their enterprise in out of doors the us of a so it is also a extremely

23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

good opposition faced by the MCB in different nations.

23 23 23 23 23 23 23 23 23

 Huge opposition within the market exists so Employees do not attach with one
23 23 23 23 23 23 23 23 23 23 23 23

23 agency for a protracted time period.

23 23 23 23 23

 The fee of strolling the commercial enterprise within the Pakistan boom step
23 23 23 23 23 23 23 23 23 23 23 23

by step so it’s grow to be so hard to compete with the monetary area of the u
23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23

23 . S . A ..
23 23 23 23 23

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  Frequent trade within the law & order situation is become a hazard for MCB.
23 23 23 23 23 23 23 23 23 23 23 23 23

RECOMMENDATIONS:

 The employees of MCB now not glad properly in order that control adopts
23 23 23 23 23 23 23 23 23 23 23 23 23

exceptional strategies to motivate employees because their employees are the

23 23 23 23 23 23 23 23 23 23

key factors for his or her employer.

23 23 23 23 23 23

 Many human beings don’t understand approximately the products & offerings
23 23 23 23 23 23 23 23 23 23

of the financial institution so that MCB must commercial their merchandise &
23 23 23 23 23 23 23 23 23 23 23 23

adopt distinct sorts of marketing techniques in commercial of the product &

23 23 23 23 23 23 23 23 23 23 23 23

services so that humans understood easily.

23 23 23 23 23

 I propose that financial institution similarly deal with each patron, deliver
23 23 23 23 23 23 23 23 23 23 23

protocol to each purchaser equally whether or not he has a massive account in

23 23 23 23 23 23 23 23 23 23 23 23 23

23 bank or small length account in financial institution.

23 23 23 23 23 23 23

 Centralization exists inside the MCB financial institution so it ought to

23 23 23 23 23 23 23 23 23 23 23

alternate the company structure from centralization to decentralization.

23 23 23 23 23 23 23

 There is a lack of organizational loyalty in staff. So, control only can deal
23 23 23 23 23 23 23 23 23 23 23 23 23 23

with via given the incentives to every worker on equal basis.

23 23 23 23 23 23 23 23 23 23

 Promotional handiest executed on the sonority basis now not the brilliancy in
23 23 23 23 23 23 23 23 23 23 23 23

order that management have to exchange their theme of advertising strategy.

23 23 23 23 23 23 23 23 23 23

 Management have to deal with their subordinates very jolly not harshly so that
23 23 23 23 23 23 23 23 23 23 23 23

23 the personnel inspire & productiveness & efficiency increase.

23 23 23 23 23 23 23

References:
http://www.sbp.com.pk

http://www.MCB.com.pk/ 23

http://www.MCB.com.pk/MCB/about_MCB.asp 23

http://www.MCB.com.pk/MCB/corporate_information.asp 23

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http://www.MCB.com.pk/psc/accounts/basic_account.asp 23

Some data is accumulated from the Annual Reports of MCB.

23 23 23 23 23 23 23 23 23

 MCB annual Report 2007

23 23 23

 MCB Annual Report 2008

23 23 23

 MCB Annual Report 2009

23 23 23 23

 MCB Annual Report 2010

23 23 23

 MCB Annual Report 2011

23 23 23

 MCB Branch Manual

23 23 23

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