1st July 2017 to 31st December 2017

NOTICE:

We are pleased to inform you that effective close of business on July 7, 2017 NIB Bank Ltd. stands merged with and into MCB Bank Ltd. Until further notice, no changes will be made to your banking account & services and all charges shall remain the same.

Over the next few months, we shall be integrating your banking account(s)/facilities to MCB and shall inform you well in advance of any changes. With this integration, you will enjoy a wider array of banking services through a much larger branch network and digital channels. Your experience and satisfaction is and will continue to be our number one priority.

If you have any questions or concerns, please call 021-111-642-111 or visit your branch or visit www.mcb.com.pk.

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Minimum charges up to Rs.750/-OR as per arrangement with the customer"

Annual Volume (Calendar year)

Upto Rs. 25M Upto Rs. 50M Upto Rs. 100M Above Rs. 100M

0.40%0.30% 0.20% 0.15%

0.25% 0.20%0.15%0.10%

First Quarter (or part thereof)

Each Subsequent qtr (or part thereof)

i) L/C opening commission

I. INTERNATIONAL BANKING A. Imports1. Letter of Credit (L/C)

Commission to be charged on full amount of L/C, for the period from date of opening of L/C till its expiry, thereafter, commission will be recovered on quarterly basis on outstanding/reduced liability as per SOC on that date.

Commission @ Up to 1.60% per annum on reducing liability basis or as per arrangement with the customer.

ii) a) L/C under "Supplier Credit", Pay-As-You Earn scheme and deferred payment L/Cs for period of over one year.

b) In case of LG/Undertaking to be issued favoring NBP for providing forward cover

exchange risk under Suppliers/Buyers credit on

behalf of applicant.

On expiry of L/C when the same is validated,revalidation commission will be recovered as isapplicable for second quarter as above. NIL if therevalidation period falls within the quarter for whichthe L/C commission has already been recovered."

When L/C is transferred to new beneficiary, Transfer commission will be charged as applicable in case of opening fresh L/C as (i) above.

a) Up to Rs. 700/- per amendment (flat) or as per arrangements with the customer.

b) Commission on enhanced amount as per item (i), (iii) or as per arrangement with customer or

minimum Rs700/- whichever is higher.

Rs. 700/- per cancellation plus actual Telex/SWIFT charges and Forex Bank charges (if any) at actual.

1.00% per quarter or part thereof minimum Rs. 1,000/-

0.30% for each subsequent quarter or part thereof minimum Rs. 500/-

iii) Revalidation Commission

iv) Transfer of L/C to new beneficiary.

v) Non-reimbursable L/C under Barter/Aid/Loans.

First quarter

Subsequent quarter

vi) a) Amendments

b) Amendment involving increase in amount and on extension period of shipment/negotiation.

vii) L/C Cancellation.

0 -15 @ 13%16-30 @ 1530+ @ 17OR as per arrangement with the customer."

i) Markup on Import Bills under L/C (On Daily Products from the date of negotiation date on which nostro accounts being debited/value date till the date preceding the date of payment).

2. Import Bills

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i) Commission on registration of contract.

ii) Enhancement in contract amount.

19% per annum or as per arrangement with the customer approved by the sanctioning authority.

ii) Mark-up on import bills under usance L/C if not paid by the importer on maturity date.

a) Rs. 600/- per bill (flat) to be charged at the time of retirement of bills

b) In addition, commission at the rate of Up to 0.125% per month on prorate basis [i.e. for actual number of days of expired period of letter of credit] to be charged from the date of expiry of the letter of credit until the date of payment.

Minimum Rs. 750/-

No mark-up on import bill.

iii) If bills are drawn at Usance under L/Cs

iv) If 100% Margin in Current Account is blocked.

US$ 60 plus Telex/SWIFT cost of discrepant advice/acceptance. (To be deducted from the proceeds of import bills where applicable or to be recovered from presenting bank if amount is already reimbursed).OR As per arrangement with the customer."

v) Handling of discrepantdocuments under import L/C where charges are beneficiary.

Up to 0.10%, minimum Rs. 750/-, plus SWIFT Charges 750/-.

i) Advance remittance to suppliers abroad against imports

Rs. 750/- (flat) in addition to correspondent bank charges if any.

OR as per arrangement with the customer.'

i) Handling charges

Up to Rs. 1,000/- plus courier charges in addition to correspondent bank charges.

ii) Returned unpaid

Rs. 1,500/- (flat)iii) An endorsement on a Bill of Lading/AWB on account of shipping guarantee.

Rs. 750/- (flat) or US$ 50 if charges are on beneficiary.

i) Handling charges

Actuali) Correspondence Charges, if any will be recovered.

Up to 0.10% (flat), minimum Rs. 1,000/-ORAs per arrangement with the customer after getting approval from RH/GH

Up to 0.10% of L/C amount, or as per arrangement with the customer, approved by the sanctioning authority.

i) Service charges against import transaction i.e. import bill (PAD) usance bills under letter of credit, collection and consignment basis.

iii) Service charges on L/C contract opened with NIB but forward booking is done with other Bank(s) where business is annually less than Rs. 50 million.

Rs. 1,000/- (flat) or US$ 50 if charges are on beneficiary.

ii) Commission

Rs. 1,000/- (flat)iii) Item remained unpaid

Rs. 1,500/- (flat)iv) An endorsement on a Bill of Lading/AWB on account of shipping guarantee charges are on account of opener.

Up to 0.10%, minimum Rs. 1,000/-or as per arrangement with the customer. Up to 0.10%, minimum Rs. 500/-or as per arrangement with the customer.

3. Advance Payment

4. Import on Consignment Basis

5. Documentary Collection under L/C

6. Documentary Collection without L/C

7. Service Charges Imports

i) Documents sent to other Banks for negotiation under restricted UC.

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Rs.200/- or actual, whichever is higher.i) Postage

Rs.200/- or actual, whichever is higher.ii) Courier Services

Rs. 1,500/- or as per the arrangement with the customer.

iii) Full Telex/SWIFT/Fax of L/C

Rs. 500/- or as per the arrangement with the customer.

iv) Brief Telex/SWIFT/Fax of L/Cs

Rs. 500/- or as per the arrangement with the customer

v) Brief Telex/SWIFT/Fax amendment of L/Cs.

On actual basisvi) Obtaining credit reports on foreign supplier.

On case to case basis decided by the sanctioning authority/business heads.

vii) Temporary financing due to non-payment on maturity date of acceptance liability, overdue FATR/FIM/FAPC/FAFB, any other liabilities arising out of the unarranged.

Up to Rs. 1,000/- per caseviii) Obtaining approval from SBP for opening of L/C and Consignment (in case pertaining to SBP).

Up to Rs. 1,000/- per documentix) Documents received by NIB against contract opened by other Bank(s).

Rs. 1,000.00 (flat)x) Issuance of NOC against our LC/Contract

1,800/- flati) Advising

1,200 flatii) Amendment

0.40% per quarter or part thereof, minimum

Rs. 1,200/= or as per arrangement with customer

iii) Confirmation

Rs. 1,000/- (flat) without substitution of documents Rs. 15,000/- with substitution of documents

iv) Transfer of export L/C

Rs. 1,500.00 (flat)v) Cancellation of Export LC

Rs. 1,500.00 (flat)

US$ 60/- (flat)ii) Reimbursement payment to other local banks from non-Resident Pak Rupee Accounts /Asian Clearing Union Accounts.v

0.25%, minimum Up to Rs. 1,000/- or as per credit arrangement.

iii) Negotiation of Rupee bills under Export Letter of Credit.

Rs. 300/- per collectioni) Documentary collections

Rs. 1,000/- per collectionii) Documentary (on which bank does not earn any exchange income).

9. Others

B. Export1. Letter of Credit (L/C)

2. Export Bills

3. Collections

A penalized commission Up to/@ 0.20% (flat) to be charged in addition to mark-up or as per arrangement with the customer.OR As per arrangement with the customer"

i) Commission

8. Overdue Acceptance

60

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4. OthersUp to 0.10%, minimum Rs. 1,000/-OR as per arrangement with the customer.0

i) Service charges against export documents sent on collection basis where payment cover already received in Bank's Foreign Currency Account /Advance Payment.

Notes:

• If a customer is maintaining an account balance of Rs. 75,000,000/- in No Cost Account for one calendar year, opening charges of L/C / Consignment may be waived as per sanctioning authority. An undertaking to be obtained from the customer to maintain stated account balance for one calendar year.

• No mark-up will be charged on import bill if 100% cash margin is deposited in non¬profit bearing account at the time of opening of L/C. Markup will also not be charged if 100% cash margin is deposited in non-profit bearing account before the date of negotiation or will be charged as per arrangement with the customer. Cash margin held by the Branch less than 100% will be ignored for the purpose of charging mark¬up on bill amount from the date of negotiation till the date of lodgment. However, proportionate rebate on margin amount will be allowed while calculating mark-up from the date of lodgment till the date of retirement.

• Correspondent bank charges, if any, will be recovered at actual or as per arrangement with the customer.

• All Government taxes/surcharges if any, are for customer's account and will be charged in addition to our charges.

II. DOMESTIC BANKING A. Inland L/Cs and Bills1. Letter of Credit (L/C)

Same as above.iii) Negotiation (Usance)

0.10%, minimum Rs. 1,000/- or as per arrangement with the customer approved by the sanctioning authority.

v) Handling charges, where an exporter sells foreign exchange to some other Bank while documents are sent for collection through NIB.

Rs. 520/- flatvi) Handling of duty drawback claims

Rs. 80/- per casevii) Export Development Surcharge (restricted by SBP)

Rs. 100/- per caseviii) Freight Subsidy (restricted by SBP)

Up to Rs. 1,000/- per caseix) Handling R&D Cases

Rs. 100/-x) NOC issuance charges against Form E

Rs. 1,000.00 (flat)xi) Transfer of Export Proceeds to other banks

Rs. 500.00 (flat)xii) Issuance of Trade related performance NVHT certificate

i) L/C opening commission Annual Volume (Calendar year)Upto Rs. 25M Upto Rs. 50M Upto Rs. 100M Above Rs. 100M

First Quarter (or part thereof)0.60% 0.45% 0.30% 0.20%

Each Subsequent qtr (or part thereof)0.30% 0.25% 0.20% 0.15%

Rs. 1,000/- (flat)iv) Handling of discrepant documents where charges are on beneficiary.

If proceeds are not realized as per the tenor agreed with treasury then 19% per annum is to be charged for the number of days delayed or a per credit approval.

ii) Negotiation (Sight)

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Minimum charges Rs. 2,000/-Based on Volumes during a calendar year/currency of limit(s) and arrangements with customer group including allied accounts.

Rs. 1,500/- (flat)ii) a) Amendments

Up to Rs. 500/- per Amendment plus commission as per item (i) above.

b) Amendment involving increase in amount and on extension period of shipment/negotiation.

Rs. 1,800/- (flat)iii) Advising

Rs. 1,000/- (flat) per bill charged at the time of retirement of bills.In addition, commission at the rate of up to 0.125% or Min. Rs. 500/- per month for any period beyond the validity of L/C.

iv) Acceptance Commission

Up to 0.25% per quarter or part thereof, minimum Rs. 1,000/- or as per arrangement with the customer.Up to 0.10%, minimum Rs. 1,000/- or as per arrangement with the customer.

v) Confirmation

vi) Service Charges

Rs. 1,000/- (flat) or as per arrangement with the customer.

Up to 0.30%, minimum Rs. 1,000/-Up to 0.25%, minimum Rs. 500/-

Up to 0.15%, minimum Rs. 500/- Up to 0.15%, minimum Rs. 500/-

vii) Handling of discrepant documents

As per arrangement with the customer approve( by the sanctioning authority.

i) Documentary bills other than those drawn against L/C.

As per arrangement with the customer approve( by the sanctioning authority.

ii) Clean bills/Trade Cheques

As per arrangement with the customer approve( by the sanctioning authority.

v) Negotiation at sight

Up to 0.30%, minimum Rs. 300/- or as per arrangement with the customer.

vi) Collection Charges of Usance Bills

Actuali) Collection agent charges

Rs. 300/-ii) Postage

Rs. 1,000/- fulliii) Telex/SWIFT

Rs. 100/- per bill Rs. 50/- per bill

i) Returning Chargesa) Documentary Billsb) Clean Bills

As per arrangement with the customer approve( by the sanctioning authority.As per arrangement with the customer approve( by the sanctioning authority.As per arrangement with the customer approve( by the sanctioning authority.

iii) a) Purchase of usance draft under usance L/C

b) Mark-up if retired Up to 21st day

c) Mark-up if retired during next 210 days

2.1 Documentary Collection i) Through branches of other banks ii) Through branches of NIB

2.2 Clean Collection i) Through branches of other banks ii) Through branches of NIB

2. Collection

3. Purchase of Bills

4. Unpaid Items

5. Others

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Freeiv) Transfer from clients Collection Account maintained in one branch to main A/C of the same party with other branch.

pto 0.40% per quarter or part thereof, minimum Rs. 2,000.00 or to be decided on case to case basis approved by the sanctioning authority.

ii) Guarantees secured against Cash/Cash Collaterals (Deposit,

Government Securities etc).

Up to 0.45% per quarter (1.80% per annum), minimum Rs. 2,000/- p.a. or part thereof or as approved by the sanctioning authority.

Up to 0.30% per quarter (1.20% per annum), minimum Up to Rs.1,500/- p.a. or part thereof or as approved by the sanctioning authority.

Up to 0.125% per quarter (0.50% per annum), minimum Up to Rs. 750/- p.a. or part thereof or as approved by the sanctioning authority.

iii) Other guarantees:

a) Annual Volume Up to Rs. 50/- million.

b) Annual volume greater than Rs. 50/- million but less than or equal to Rs. 150/- million.

c) Annual volume greater than Rs. 150/- million.

Rs. 1,000/- per Amendmentiv) Amendments of guarantees

As mentioned in (i), (ii) and (iii)v) Increase in amount or extension in period.

As per arrangement with the customer approved by the sanctioning authority or as per F.I. arrangement

vi) Issued at other bank's request in Pakistan.

0.50% per quarter, minimum US$200/- or as per Fl arrangement.

vii-a) Against Foreign Bank's Guarantees

0.40% per quarter (minimum Rs. 2,000.00) plus foreign bank's charges at actual or as per arrangement with the customer.

No commission is to be charge on Expired Guarantees pending for cancellation of guarantee due to non-availability / non-submission of original instrument. However, if customer request for the revalidation of guarantee after the expiry date, then normal commission as per SOC to be charge from the date of expiry of guarantee.

1. Advances Charges for advances in addition to mark-up/profit on investment (charges to be decided on case to case basis by relevant sanctioning authority.

ix) Counter guarantees issued to banks by us for guarantees issuance abroad

x) Commission on Expired Guarantees

0.50% of project facility requested.i) Project Examination Fee (where applicable)

Rs. 3,000/- up to Facility of Rs. 30 M and Rs. 5,000/- above Facility of Rs. 30 M

ii) Interim Review Processing Fee

iii) Renewal of Facility/New Facility Initiation (where applicable)

a) Facilities Up to Rs. 5 million

b) Facilities Up to Rs. 10 million

c) Facilities Up to Rs. 20 million

d) Facilities Up to Rs. 30 million

e) Facilities Up to Rs. 50 million

f) Facilities over Rs. 50 million

If amendment involves increase in amount or

extension in period, agreed rate to be applied or Min US$50/- per amendment.An administrative fee at 0.4% per quarter forexpired guarantees (limited to those guaranteeswhich are in favour of government agencies/government bodies till original instrument is return).”

vii-b) Amendment

viii) Administrative fee (expired guarantees) (not for foreign bank

guarantees)

Upto 0.60% per quarter or part thereof, minimum Rs. 2,000.00 or as per arrangement with the customer, approved by the sanctioning authority.

i) Guarantees issued to Collector as per arrangement with the customer, approved by the sanctioning authority valid for 6 months.

B. Guarantees)

C. Finances/Advances

Up to Rs. 3,500/-

Up to Rs. 7,500/-

Up to Rs. 12,500/-

Up to Rs. 15,000/-

Up to Rs. 20,000/-

Up to Rs. 25,000/-

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2. Advances against pledge/hypothecation

0.25%-3.0% (on sanction/renewal) or as per arrangement with the customer.

iv) Commitment Fee/Up-front fee (where applicable)

Actualv) Legal, Administrative Fee and Appraisal Charges.

At actual plus Up to Rs. 3,000/- or as perarrangement with the customer.

vi) Miscellaneous Charges (documentation, evaluation of securities & maintenance thereof)

Up to Rs. 3,000/- (flat)vii) Replacement of securities (interim)

Up to Rs. 1,000/- plus actualix) Registration of charge with registrar of Joint Stock Companies.

Rs. 40/- per report (recoverable at the time of processing of fresh facilities OR at the time of renewal OR limit enhancement OR through EOL & OTT) or at the time of Restructuring / Rescheduling of the facility.

x) CIB retrieval charges (Where applicable)

PKR 3,000/- (flat) or as per arrangement with the customer

xi) Charges on non timely submission of documents during renewal of credit proposal

Actuali) Godown rent

Actualii) Muccadum charges

Actualv) Other incidental expenditure(s) (insurance, legal, etc)

Up to Rs. 200/- per couponvi) Collection of Coupons (on government certificates issued by other bank/saving centers under lien to us)

Up to Rs. 1,000/- per delivery order or as per uarrangement with the customer approved by the sanctioning authority.

vii) Issuance of delivery orders against Finance Imported Merchandise, Cash credit and all goods under pledge (where applicable).

Mark-up@ Rs. 0.60/- per 1000/- daily products on the bill amount shall be charged OR as approved by the Sanctioning Authority. Markup on overdue FE-25 Financing to be charged as per relevant LIBOR +3%u

ix) Temporary financing due to non-payment on maturity date of acceptance liability, overdue. FATR/FIM/FAPC/FAFB, any other liability arising out of unarranged/forced situation.

Up to Rs. 5,000/- (flat) or

As per arrangement with the customer approved by the sanctioning authority.

Minimum 2% over the agreed rate on financing amount or as decided by a competent authority.

viii) Issuance of NOC (Customer's request) on request of customers/clients for creating additional/pari passu charge of their fixed assets /current assets for acquiring further finance from other Banks /Financial institutions.

Up to Rs. 1,000/- (if applicable) Actual

iii) Godown inspection charges (where applicable) when inspection carried out by the Bank's staff

a) Within city limitsb) Outside city limits

Actual Actual

iv) Godown inspection charges (where applicable) when inspection carried out by other agencies.

a) Within city limitsb) Outside city limits

Up to Rs. 500/- (flat)viii)To mark lien on securities not issued by us.

LIBOR+3%

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D. Corporate & Commercial Loans/Other Lease Business

If a party falls to pass on committed business in writing while getting the credit line sanctioned in its favor, the Bank reserves the right to recover compensatory commission till rate of 2.00% per year to the extent of shortfall in business so committed to be routed through us.

x) Business Commitment and Compensatory Commission

Fifteen days beyond the due date are given to service markup. Should the markup not been serviced within those fifteen days, then penalties as given are to be charged at the rate indicated on a per day basis for the entire period beyond the grace period during which the markup has not been serviced. This period will not include the fifteen day permissible as grace period. In case of partial payment relevant slab as per balance due shall be applicable.

Up to Rs., 500,000/-

B/w Rs. 500.001 and Rs. 1,000.0000/-

B/w Rs. 1,000.001 and Rs. 2,000.0000/-

B/w Rs. 200.001 and Rs. 4,000.0000/-

B/w Rs. 400.001 and Rs. 6,000.0000/-

above Rs. 5,000.000/-

Rs. 200/-

Rs. 450/-

Rs. 1,000/-

Rs. 1,800/-

Rs. 2,750/-

Rs. 5,000/-

xi) Penalty for late payment of mark-up

Cost at actuali) Documentation Charges

2% per month of due installment amountiii) Late Payment Charges

Rs. 500/- per returned chequeiv) Cheque Return Charges

As per approved credit ratesvi) Broken period mark-up on Early Termination

As per approved credit ratesvii) Markup in case of advance against lease

Rs. 1,500/-viii) Issuance of Duplicate Transfer Letter

As per actualix) Vehicle Repossession Charges

2% of the principal Outstanding3% of the principal Outstanding4% of the principal Outstanding5% of the principal Outstanding

v) Early Termination Charges 12 or less installments remaining 13 to 24 less installments remaining 25 to 36 less installments remaining 37 to 60 less installments remaining

Rs. 2,500/-ii) Renewal of Facility / New Facility Initiation (Processing (Advising/Arrangement fee (where applicable)

Slab (markup due) Penalty per day

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Notes:

1-a) All Guarantees issued by NIB Bank Ltd. will contain specific amount, expiry date and date by which the claims are to be lodged. These guarantees/counter guarantees are unconditional and on demand.

1-b) Commission to be charged from the date of issue till expiry of guarantee or till such time the bank is released from its liability under the guarantee, whichever is later.

1-c) In case of Guarantees issued for a period of one year or more, commission can either be recovered for full period or on quarterly basis, which shall be at the sole discretion of the Management.

General Notes:

• Correspondent bank charges, if any, will be recovered at actual or as per arrangement with the customer.

• Above charges may differ as a result of an agreement between the concerned customer & the Bank.

• The Bank's Management reserves the right to waive any or all charges.

• All Government taxes/surcharges if any, are for customer's account and will be charged in addition to our charges.

• Where an account has become dormant as per the approved policy of the Bank, dispatch of statement of account will be stopped till such time the account(s) are reactivated or new address is made available/obtained by the Bank. No service charges shall be deducted from these accounts.

• Charges not mentioned in above section will be applicable as per normal branch banking charges.

• Collecting agent charges, if the collecting bank is different will be extra. Other out of pocket expenses will be charged at actual.

* Group Head / Business Head may waive the charges in view of business consideration.u - indicates rates that have changed from the previous SOC