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Habib Metropolitan Bank Ltd. LETTER OF REQUEST FOR HMB PREMIUM! DEPOSIT SCHEME The Manager Date: Habib Metropolitan Bank Ltd , ^B ranch Dear Sir, I/We ___^__ _^^_______ _____^_^_____™_^^ Account No. __, __ at your branch, would like to apply for HMB PREMIUM DEPOSIT SCHEME as introduced by Habib Metropolitan Bank Ltd. (hereinafter called "the bank"). I understand that by opting for HMB PREMIUM DEPOSIT SCHEME. 1. The bank will give me/us a quarterly / half yearly profit (calculated in accordance with State Bank Regulations for determining profits on PLS deposits) after deducting applicable Zakat and/or tax as may be prescribed by the Government from time to time. 2. In case of premature withdrawal, 2% fee of the deposit amount or the amount of profit paid until the date of premature withdrawal, whichever is lower will be deducted. 3. I/We am/are entitled for a Term Finance facility up to 80% of my deposit in the HMB PREMIUM DEPOSITSCHEME, 4. Government Levies and/or Zakat will be applicable as per rules. 5. Upon maturity, the principal (net of Zakat and Govt taxes) will be credited to my above mentioned account, I would like to place my funds in the following tenor and denominations: Tenor Denomination Number of Profit Payment Total Amount (PKR) Placements Qtr. / Half yearly Placed 01 year 03 years 05 years TOTAL (PKR) With this letter, I / We authorize you to debit my above mentioned account with a sum of Rs., Rupees ( _ __ ____, __) and place the same in HMB PREMIUM DEPOSIT SCHEME forthe period/s mentioned above. The above instructions are unconditional and irrevocable. With this letter I / We give the bank, standing instructions to credit my above mentioned account with quarterly / half yearly profit as accrued from time to time under the HMB PREMIUM DEPOSIT SCHEME and debit the above account with the Mark-up chargeable on the amount of term-financing which if I avail against the HMB PREMIUM DEPOSITSCHEME. The bank reserves the rights to cancel or amend the scheme / terms & conditions without any prior intimation/notice. Yours sincerely 20/09/09/T.E.
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