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On letter Head

Date: ___________

The Relationship Manager


Bank AL- Habib Limited
Main Branch
I.I. Chundrigar Road
Karachi

Sub: Request for Renewal of Credit Limits.

Dear Sir

With reference to above, we are forwarding our request, along with necessary documents for renewal of
below mentioned fund based and non fund based facilities for the period of 1 year. We, the undersigned
hereby undertake and confirm that the funded & non-funded facilities as stated below, being requested by
us will be used only for the purpose mentioned against below:

Facility Nature Facility Amount Purpose


RF Rs. 14.0Mn For working capital requirement
Auto Lease (One Rs. 2.457Mn For purchase of brand new Toyota Fortuner
Off)
LC-Sight (F) Rs. 6.0Mn For import of Engineering Equipment
LG (Rs. 5.0Mn) For issuance of LG in favor of Govt / Semi Govt / Pvt
Sublimit of RF Organizations

The requested facilities will secured against:


a) Hypo over stocks/ receivables
b) PG of Directors & Property owner
c) 10% Cash Margin against LG
d) Import Documents consigned to BAHL
e) Master Counter Guarantee
f) Equitable Mortgage over Plot 01, Street/Lane 16, Sec-C, Phase II, DHA Islamabad. Plot measuring
500 sq yds in the name of Ms. Nosheen Ghazanfar Sajjad having estimated market value Rs. 19M
g) 60% security deposit and Regd vehicle in the name of BAHL with comprehensively insured

We request to kindly accord arrangement of subject credit lines and renewed for further period of 1 year.

Thanking You
.
_____________
Signature + stamp

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