Credit Ratings

PACRA upgrades Entity & Instrument Ratings of Bank AL Habib Limited. Alhamdulillah, Pakistan Credit Rating Agency Limited (PACRA) has upgraded the Bank’s long term entity rating at AAA (Triple A). These ratings denote a lowest expectation of credit risk, indicate exceptionally strong capacity for timely payment of financial commitments. The short term rating of the Bank has been maintained at A1+ (A one plus). The ratings of our unsecured, subordinated TFCs have also been upgraded at AA+ (Double A plus) for TFC-2018, and AA (Double A) for TFC-2017 (perpetual). The ratings reflect BAHL’s strong performance, exceptional asset quality and healthy financial profile emanating from a strong equity base. The Bank’s business strategy derives strength from its strong positioning in niche market-trade finance. The ratings draw comfort from the Bank’s experienced management team, prudent risk management policies and deep rooted relationship with clients-borrowers as well as depositors. The ratings incorporate the Bank’s ability to capitalize on its branch network, expansion of deposit base via product innovation and diversification of advances portfolio by establishing relations with business entities in various sectors. Notably, the Bank’s deposit emanate from a wide client base, with a major proportion from in

Careers

Why Bank AL Habib is the right choice? Discover why Bank AL Habib is the place to build a banking career, the values that drive us, what opportunities and benefits we offer, our more than 10,000 employees work with the spirit of belonging to a family. See more Reasons for Choosing Bank AL Habib Specialised Training Unique

Prime Minister's Youth Business and Agriculture Loan Scheme (PMYB&ALS)

Bank AL Habib offers Shariah-compliant financing solutions to support the growth of small and medium enterprises. Our facilities are designed to meet diverse business needs through short- and long-term modes, ensuring flexibility and ease for entrepreneurs. We also provide Trade Finance services including Letters of Credit, Pre- and Post-Shipment Finance, and Letters of Guarantee to facilitate smooth business operations. Additionally, financing is available under SBP schemes for SMEs and trade, such as the Prime Minister’s Youth Business & Agriculture Loan Scheme (PMYB & ALS). Eligibility Criteria All citizens holding CNIC, aged between 21 and 45 years with entrepreneurial potential are eligible. For IT/ E-Commerce related businesses, the lower age limit will be 18 years For IT/E-Commerce related businesses, at least matriculation or equivalent education will be required Above age limit condition is applicable on individual and sole proprietors. In case of all other forms of business including partnership and companies, only one of the owners, partners or directors must in the age bracket prescribed above Small & Medium Enterprises (startups and existing businesses) owned by youth as per above mentioned age brackets are also eligible In case of agriculture, farmers classification as per SBP’s "Indicative Credit Limits & Eligible Items for Agriculture Financing 2020” will be applicable Financing Type Term/ Working Capital Financing under Murabaha and Financing of Machinery & locally manufactured vehicle for commercial use under Diminishing Musharakah Only one vehicle per applicant is allowed. An applicant in food franchise and distribution business may avail financing for more than one vehicle Upto 65% of total financing limit can be availed for Civil Works. For agriculture, production and development financings are eligible Financing Tenor Long Term: under Diminishing Musharakah Upto 8 years with maximum grace period of 1 year For working capital/production financings i.e. Murabaha under T2 and T3, tenor will be upto 5 years. Banks will have the option to finance working capital/production Financings wherein only profit portion will be payable during first 2 years and thereafter both principal along with the profit will be paid in next 3 years making the total payment period of upto 5 years Financing Size Product Financing Limit Tier 2 Above PKR 0.5 Million and up to PKR 1.5 Million Tier 3 Above PKR 1.5 Million and up to PKR 7.5 Million Pricing Tier 2 : 5% Tier 3 : 7% Security Arrangement Tier 2 (T2) Financings – Clean (secured only by personal guarantee of the applicant) Tier 3 (T3) Financings – As per Bank Policy Vehicle financed under T2 and T3 to serve as collateral Number of financings per applicant A customer may avail maximum two Financings (including one long term and one short term Financing) within overall maximum financing limit of Rs 7.5 million In case of agriculture, a customer may avail one financing for each production and development purposes within overall maximum financing limit of Rs 7.5 million Sector & Products All sectors and products. Moreover, in case of agriculture, all crop and non-crop sectors (including crop production, livestock, poultry, fishery, dairy etc.) are also eligible. Debt Equity Requirement New Business Tier 2 (T2) Financings – 90:10 Tier 3 (T3) Financings – 80:20 Existing Business Nil for all Tiers Turn Around Time The processing time will not exceed 45 days and will be stated clearly in the application form Application for PMYB&ALS Visit the Prime Minister Youth Financing Portal to start your application now. Apply Now .fixedImgDynamic.mera-pakistan{background-image:url('" ~ image_url("theme::images/individual-financing-icons-04.svg") ~"')} .fixedImgDynamic.mera-pakistan::after { content: ""; position: absolute; width: 100%; height: 100%; left: 0; right: 0; top: 0; bottom: 0; margin: auto; background: linear-gradient(106.01deg, #070e19 -30.56%, rgba(7, 14, 24, 0.26) 53.89%); z-index: 1; } .Summary_Middle .LargeText { font-size: 24px; line-height: normal; display: block; } .d-inline-block.icon-wrap{ width:75px; } .d-inline-block.icon-wrap img{ width:100%; } #main-slider .carousel-inner .container .carousel-caption{width: 61%;} .contentSection ul li { line-height: 1.5; } .bgPosBtmLeft { background-position: center center !important; }

Disclaimer

While Bank AL Habib Limited provides the information on this server to anyone, we retain copyright on all text and graphic images. This means that you without our prior written permission shall not: distribute the text or graphics to others; voluntarily "mirror" or include this information on your own server or documents; modify or reuse the text or graphics on this system.You shall NOT use HTML development tools, robots, spiders and other crawling, caching, retrieval devices to store in whole or in part any information under the domain www.bankalhabib.com without prior written permission. Information shall not be used to reverse engineering and/or reuse, resale etc.You MAY: print copies of the information for your own personal use; store the files on your own computer for your personal use only. Commercial organizations are not allowed to store and/or save these HTML pages for their personal use. Bank AL Habib Limited, reserves all rights to have recourse to legal proceedings in case of infringements of any of the conditions herein contained. Other manufacturers' product and service names profiled herein are trademarks and service marks of their respective companies.The information, text, graphics, and links provided herein are provided by Bank AL Habib Limited as a convenience to its customers/site visitors. Bank AL Habib Limited does not warrant the accuracy, or completeness of the information, text, graphics, links, and other items contained on this server or any other server nor do we endorse external sites.Information and documents provided on this Web site are provided "as is" without warranty of any kind, either express or implied, including without limitation warranties of merchantability, fitness for a particular purpose, and non-infringement. Bank AL Habib Limited uses reasonable efforts to include accurate and up-to-date information on this Web site; it does not, however, make any warranties or representations as to its accuracy or completeness.Bank AL Habib Limited periodically adds, changes, improves, or updates the information and documents on this Web site without notice. Bank AL Habib Limited assumes no liability or responsibility for any errors or omissions in the content of our Web site. The use of this Web site you is at your own risk. Under no circumstances Bank AL Habib Limited, its suppliers, principals, affiliates, or any other party involved in creating, producing, or delivering this Web site's contents shall be liable to you or any other person for any direct, indirect, special, incidental, or consequential damages arising from your access to, or use of, this Web site.Bank AL Habib Limited provides links and/or access to links from it's web site to other external web sites. This can result to an increase in web traffic on hyper linked (external) site. If your site is hyper linked from our web site and you wish to remove this link, please email us. All links will be removed only when originating mail is received from the webmaster of the hyper linked domain.Bank AL Habib Limited periodically shares its mailing list with its affiliates, clients and/or commercial entities whom we expect will exercise responsibility when using the list. On certain pages, you may be required to enter your personal information, which would be required for purposes of dispatch of information, product material, and/or software to you, or this information may be used for purposes of registration and/or site statistics. Please note that by having access to this site and entering your information, you have agreed that Bank AL Habib Limited can/will share its mailing lists with external entities.All downloads from this site and/or other hyper linked sites are governed by the License Agreement with the accompanying software (if any). User is solely responsible for adhering to the License Agreement. Bank AL Habib Limited provides all the files in its download section on an `As is where is´ basis. Bank AL Habib Limited does not warrant accuracy of the information contained in the document downloaded.All internal white papers, documents, specifications, prices, and other business functionary matter are non-binding.All other trademarks and service marks are properties of their respective holders.

Business Dealings

Business Dealings We fulfill our commitments towards our customers and shareholders as their custodians so as to further strengthen their trust in us. We conduct all business dealings with integrity, prudence, fairness, and courtesy. We aim to ensure that the interests of the Bank, its customers, shareholders, and employees are safeguarded and corporate objectives and strategies are implemented. We must continually upgrade and expand our products and services to support the Bank’s growth and to anticipate and meet the changing requirements of our customers. We shall avoid all such activities in which our personal interests conflict with the interests of the Bank, its customers and shareholders, and shall ensure ethical handling of any actual or apparent conflict of interest. We shall always endeavor to contribute towards the betterment, development, and growth of the Bank.

AL Habib Islamic Signature Account

AL Habib Islamic Digital Account

Electronic Funds Transfer

Electronic Funds Transfer Facility Electronic Funds Transfer facility enables funds transfer between bank accounts, either within the same Bank or to another Bank or financial institution, using alternative delivery channels including ATMs, POS terminals, mobile and internet banking platforms, call center or any other channel approved by the State Bank of Pakistan. Bank AL Habib provides customers the following alternate delivery channels to initiate electronic funds transfer: AL Habib ATM through Debit Card AL Habib Mobile App AL Habib Netbanking Getting Started with Bank AL Habib`s Electronic Funds Transfer Services You need to have a Savings or Current Account in Bank AL Habib along with either a Debit Card or AL Habib Mobile App / Netbanking. EFT Limits Through AL Habib Debit Cards: AL Habib Signature Debit Card Rs 2,000,000/- AL Habib Platinum Debit Card Rs 500,000/- AL Habib Gold Debit Card Rs 400,000/- AL Habib Silver Debit Card Rs 300,000/- AL Habib UnionPay Debit Card Rs 250,000/- AL Habib PayPak Debit Card Rs 200,000/- Through AL Habib Mobile App/Netbanking: Raast P2P / 1-link per day Transaction Limits in PKR Transaction Mode Transaction Limits Any Bank AL Habib Account PKR 6,000,000 Own Account PKR 10,000,000 Any other Bank Account via RAAST PKR 2,000,000 Any other Bank Account via 1-Link (IBFT) PKR 2,000,000 EFT Charges There are no charges for customers who wish to transfer funds from one Bank AL Habib Account to another account within Bank AL Habib. If you wish to transfer funds from your Bank AL Habib account to a Bank Account in another Bank, the charges are as follows: Inter Bank Funds Transfer Free IBFT - Upto Rs. 25,000/- per month / per account. For the additional amount above Rs. 25,000/- per month per account, 0.1% of the transaction amount or Rs. 200, whichever is lower will be charged Error/Dispute/Complaint Reporting Procedures For support, you may contact: Your relationship branch where your Bank Account is maintained Our 24/7 Call Center (+92 21) 111-014-014 (+92 21 32446978 69 for international customers) Through Email via info@bankalhabib.com You may also drop your complaint / suggestion in the Complaint Box available at all Bank AL Habib branches and ATMs Alternatively, you may visit the provided link to submit a complaint, where the entire procedure is outlined for your convenience. Click here Availability of Online Funds Transfer Facility Service Availability: 24/7 Expected Duration for Fund Transfer Instantly, funds transfer on a real time basis. On successful funds transfer a SMS alert will be sent to customer registered mobile number, where available. An email alert along with the SMS alert will be sent to customers registered email address if transfer funds through AL Habib Mobile and Netbanking. Funds Transfer to Member Bank account ADVANCE MICROFINANCE BANK ALBARAKA ALLIED BANK LIMITED APNA MICROFINANCE BANK ASKARI BANK LIMITED BANK ALFALAH LIMITED BANK OF KHYBER BANK OF PUNJAB BANK ISLAMI CITI BANK DUBAI ISLAMIC BANK FINCA FINJA EMI WALLET FAYSAL BANK LIMITED FIRST WOMEN BANK HABIB BANK LIMITED HABIB METROPOLITAN BANK ICBC JS BANK LIMITED KMBL KHUSHALI MICRO FINANCE BANK MCB ARIF HABIB SAVINGS MCB BANK LTD MCB ISLAMIC BANK LTD MEEZAN BANK LIMITED MOBILINK MICROFINANCE BANK NAYAPAY NBP FUNDS MANAGEMENT NRSP NATIONAL BANK OF PAKISTAN SAMBA SILK BANK SINDH BANK SONERI BANK STANDARD CHARTERED BANK BANK MAKRAMAH LIMITED TELENOR MICROFINANCE BANK LTD HBL MICROFINANCE BANK U MICROFINANCE BANK UNITED BANK LIMITED ZARAI TARAQYATI BANK LTD AL MEEZAN INVESTMENTS CENTRAL DIRECTORATE OF NATIONAL SAVINGS (CDNS) CENTRAL DEPOSITORY COMPANY (CDC) DIGITT++ KEENU ONEZAPP PAYMAX SADAPAY TAG .contentSection.bank-list ul li { width: 24%; display: inline-block; vertical-align: top; margin-top: 25px; margin-bottom: 0; padding-right:20px; } .contentSection ul li{ line-height:1.5; } @media only screen and (max-width: 991px) { .contentSection.bank-list ul li { width: 33%; margin-top: 15px; } } @media only screen and (max-width: 767px) { .contentSection.bank-list ul li { width: 100%; } }

Direct Debit Facility

Bank AL Habib is proud to introduce the Direct Debit Facility to make bill payments and mobile top-ups easier for you. When you sign up for the service, this unique and innovative facility sets up automatic recurring payments for all your bills and top-ups from your designated account maintained at the branch. Make Your Life Easy! No registration fees Save your time as bills are paid automatically No requirement to have a credit or debit card to register for this facility No need to remember payment deadlines No hassles of writing cheques or carrying cash No waiting in long queues at banks For electricity, gas and telephone bills, you have the option to restrict the maximum amount of bill to be paid. Nominal fee of PKR 25/- only for a successful debit transaction Registering for the Bank AL Habib Direct Debit Facility is as easy as 1-2-3: Visit your nearest branch. Fill up the registration form (provided in the branch – also attached for your convenience). Submit the form for activation of the facility to your branch. Get yourself enrolled for this innovative facility and make your bill payments a stress free process. For further details, please contact our Call Center at 111-014-014. Services offered Currently Bank AL Habib Direct Debit facility is available for the following companies: Utility Mobile Pre & Post Paid Internet K Electric Ufone Wateen LESCO Zong Wi-tribe HESCO Mobilink Qubee GEPCO Telenor   SSGC   SNGPL     PTCL     PTCL Evo Prepaid     PTCL Evo Postpaid     PTCL Vfone     KWSB       Please note: All active PKR Saving and Current account holders (Individual-Single, Joint (Either or Survivor), Sole Proprietorship) are eligible for this facility. Download PDF

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