PRODUCT KEY FACT STATEMENT (PKFS) FOR WOMEN

(For Female Borrowers)

National Bank of Pakistan
Product Key Fact Statement
A. Your financing need:
Name of the product Cash n Gold
Finance amount Rs.
Term of the finance
Mark-up type Fixed
Variable
B. Estimated cost of this financing: Name of the product
(fixed) will you be charged?
What Mark-up(Variable) Amount Rate
13.5%Annually
13.00%
11Year
YearKIBOR
15.5%
17.5% Kibor + 3.5% ank's Spread
Rs. (Repricing eve 3.5% r)
+ 17.5
15.5
13

What other charges will you have to pay? Documentation charges

Rs.

Processing Fee PKR 1,500/-

1,500/-

Shroff Charges at actual

Rs.

Insurance Charges at actual

Rs. -

What will be the monthly installment payable? Principal Markup

Lump Sum Quarterly Rs.

Rs.
Lump Sump
Annually Rs.
Processing Shroff Insurance Documentation Total Amount
Fee charges Charges* Charges of Charges

What total amount will you pay for the financing? Rs. Rs. Rs. - Rs. Rs.

*insurance of Gold ornaments only

C. Early payments:
Can you repay finance before the maturity? Yes –
No lock-in period, re-payment can be done at any point of time.

How can you repay finance before the maturity? Lump sum payment of Remaining Principal +Up to date Mark up

Will you have to pay any additional amount/charges No Charges of early re-payment
for pre-payment/ early retirement of the finance?

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D. Default/late payment information:

What happens if you fail to fulfill your obligations?

Bank may take following action(s))

1. Call or send notices for immediate payment of overdue monthly

installment(s).

2. Contact your references.

3. Can demand immediate repayment of full amount of Facility.

4. Can exercise right of set off.

5. Auction will be execute and proceed of auction will be adjusted

towards total outstanding, and balance of the proceed amount
after adjustments (if any) will be credited in current account.
(WHT in case of auction shall be paid out of proceeds)

6. Can engage an approved Agency Company for recovery of

overdue amount of facility.

7. Can initiate recovery proceeding as per applicable laws of Pakistan.

8. In case of unadjusted amount (if any) report to eCIB (SBP Credit

Information Bureau) which will adversely affect your credit history
and consequently you cannot avail further financing facilities from
NBP / other banks.

What penalty will you be charged for not repaying No late Fee, however, charges in respect of arrangement of notices
on time? served/auction notices will be recovered from borrower

Can Bank exercise right of set-off? Yes, upon default, bank can exercise right to set-off any credit balance
in the consumer’s deposit account against outstanding balance in the
financing account as per law.

E. Other material information:

What happens in case of death of borrower(s)? After full and final payment of Loan and Markup amount, Gold
ornaments will be handed over to Nominee as appointed by
borrower at the time of financing.

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What are the guarantor’s obligations? Only Personal Guarantee.

What documents will be provided to you? - Offer Letter

- Delivery Letter of Gold Ornaments
- Product Key Fact Statement (PKFS)

Where you can get assistance and redress? For Filing a Complaint/Feedback

a. Approach Branch Manager and in his / her absence the

Operations Manager for redressal of complaint.

b. Lodge complaint/feedback through Call Centre 111-NBP-NBP

(+92-21-111-627-627), 0800-11627

c. Lodge your complaints/feedbacks by emailing at cfd.opg@nbp.com.p

cfd.opg@nbp.com.pk
d. Lodge your complaint/feedback in writing by filling up the
forms available at the branch or download it from
https://www.nbp.com.pk/enquiries/Complaint-Form.pdf
and mail a copy to:
The Head
Complaint Management Department Operations Group7th Floor,
National Bank of Pakistan Head Office Karachi.

Required Collateral Only Gold ornaments

Rate of
Rate of financing
Financingper
is 10
Rs. Gram of per
32,000 net 10
content
gramofofGold
net content of Gold.
38,000
38,000
.For One year Rs.t 110,000
Undertaking tted by you that or 110,000 belongs to you.
For Three years Rs. 100,000 100,000
. Confirmation on lso required from t ucer
confirming that he knows the applicant & the ornaments belongs
to the applicant.

However, in case of any shortfall in the security due to decrease in

price, notices for top-up to be served to you mentioning either to
reduce the outstanding or provide additional security acceptable to
the bank within a reasonable time period to bring the outstanding
within the agreed margin requirements or else the security will be
sold out.

Borrower’s Signature and Date Branch Manager Signature, Stamp and Date

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