Incorporated in Calcutta, India under the Indian Companies Act, VII of 1913 on 9th July, 1947
Commenced its business from 17th August, 1948
From Calcutta, India Head Office was shifted to Dhaka, Bangladesh in August 1948 and from Dhaka to Karachi on 23rd August, 1956
Nationalized in 1974
Privatized on April 08, 1991
Vision & Mission
Challenging and changing the way you bank.
MCB Bank’s team of committed professionals
is dedicated to maintaining long term
customer relationships through outstanding
service and convenience.
Structure 938 Branches 16 General Managers 39 Regional Managers 2 Business Heads Commercial Banking Group (North & South) Consumer Banking Group Head of Retail Banking Group
Euro money Awards
Best Bank 2006
Best Bank 2005
Best bank 2004
Best Bank 2003
Best Bank 2001
Best Domestic Bank 2000
Asia Money Awards
BEST Domestic commercial Bank 2004 & 2005
First international debit card. Acceptable over 5 million POS (Maestro) and over 660,000 ATMs (Cirrus)
900+ branches nationwide.
Staff strength of over 9000.
Over 4 million customer base.
870 automated branches.
540 online branches in 65 cities.
Largest ATM network (280) of a single bank, over 35 cities.
One of the most technologically sound bank.
Leader in RTC.
Host of MNET Switch-14 member banks (410 ATMs)
Largest issuer of plastic money-600,000 ATM/Smart Cards.
MCB Towers, the tallest building of Pakistan.
24-hour dedicated Call Centre.
More than 27,000 individual virtual banking users.
More than 130 corporate virtual banking users.
Fill the pay-in-slips for the deposit of cash
Fill the pay-in-slips for the deposit of cheques
Fill the debit card application forms
To give any other information regarding MCB Bank
It is the facility provided by the banks for the safe custody of valuable things of the customers.
Issuance of the Locker
Application form MF-19
Specimen signature card
Either / survivorship from MF-19E (only if locker is in joint account names)
Payment of Rent
Small Rs = 1000 P.A
Medium = 1500 -
Large = =2500 -
Security deposit is Rs.1000/-(refundabal)
Types of Accounts
Nature of Accounts
BBA (basic banking account)
Khushali Bachat Account
365 days GOLD
MCB Smart Saving Account
CNIC (Original + Photocopy)
Account Opening Form (AOF)
Specimen Signature Card
Know Your Customer (KYC) Form
Undertaking to Maintain Minimum Balance
An Introduction (Existing A/c holder)
The customer will sign the AOF.
The AOF along with relevant documents will be obtained and forwarded to MO for his approval.
Account Opening Form Four pages of Account opening Form. (Along with the KYC Form).
SPECIMEN SIGNATURE CARD Form used for the name of the Account Holder and his/ her signature
Current account not operated for 6 month and saving account if not operated for one year become dormant accounts.
Current accounts if not operative for two years & saving for three years become inoperative.
If current / saving accounts remain inoperative for three years the same should be transferred from inoperative to unclaimed accounts. If these accounts remain unclaimed for ten years then become the property of State Bank of Pakistan.
"The transfer of funds from a branch of bank to the other branch of the same bank or the other bank on which the instrument is drawn, without involving cash through "State Bank's clearing house"
Types of Clearing
When the cheque from Bank goes to another bank for clearing then it is called outward clearing.
Outward clearing > Inward clearing (favorable)
When the cheque comes in Bank for clearing is called inward clearing.
Inward clearing > Outward clearing (Against)
Items necessary on Clearing Instruments
Date (which should be current)
Endorsement Stamp on Backside
Amount in Figures and Words should match
Outward clearing Process CLEARING Inward Outward Final Voucher Prepared Bundle Cover Separate Deposit Slips and Cheques Posting Stamping Scrutiny of Cheques and Deposit Slips Cheques Deposited Make Bundle of 50 Cheques per List Hand Over to NIFT Agent
Inward Clearing Process CLEARING Outward Inward Send to Account Department Scrutiny of Cheques and Stamps Cheques Withdrawals Cancellation Posting Returns Marked Hand Over to NIFT Agent Transfer Stamp Attach Return Memo Return Voucher Prepared
Cheque Return Memo (SF-16)
Remittance is the monitory transfer from one place to another place or from one country to another country to fulfill the requirements of the customers by the order of the customer.
Remittance deals in these functions:
A draft or bill that is payable on demand or upon presentation. Also called “ demand draft .”
Parties Involves 1- Purchaser 2- Issuing or Drawing Branch 3- Drawee Branch 4- Payee/Beneficiary Procedure for Issuance of DD DD Application form Name of the payee should mentioned Signed by the purchaser Commission and charges 0.1% commission 75 postage FED
Pay order is an instrument through which payment can be made from one bank to another bank within city.
It is issues by and drawn upon and payable by the same branch of the bank
It is neither transferable nor negotiable and as such it is payable to the payee named therein
Parties to a Pay order
Issuing/ Payee branch
Profitability more than tripled in 2005.
Generated Rs.8.90 billion as profit after tax, assets have grown to Rs.298.70 billion.
Total deposits have increased to Rs.229.3 billion, advances increased by over 30% to Rs180.30 billion.
PACRA long term rating "AA“, short term rating "A1+“.
Bank's return and profitability reflects its pro-growth mantra, proactive approach to growth and profitability.
Net Profit Margin:
Income/ Expense Ratio:
Earning Per Share:
Market Value Per Share:
Earning Assets to Total Assets Earning Assets / Total Assets 84.58% 87.46% 2006 2005