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Faysal Bank

Term/Notice Deposit Application For Bank Use Only

Customer’s No
Date / : / /
Term/Notice Account No
The Manager /
I/We wish to make placement in Term/Notice deposit with Faysal Bank Branch, Pakistan on the
basis of the information of the folllowing details :

Title Account

Amount (in figures)

Amount (in Words)

Currency : PKR USD GBP EUR Others

Notice/Term Deposit / /

1 Month 3 Months 1 Year 3 Years 5 Years 7 Years Other

2 Months 6 Months 2 Years 4 Years 6 Years 7 Days Notice

Profit Payment Frequency /


Monthly Quarterly Half Yearly Yearly On Maturity Other (Please specify)

I/we authorize you to debit my/our Account No.

Upon maturity of the deposit, kindly credit principal with accrued profit thereon to my/our above mentioned account being
maintained with you.

Upon each maturity of the deposit, kindly reinvest the principal amount only at the expected prevailing rate for the same tenure
and credit profit my/our above mentioned account maintained with you.

Upon each maturity of the deposit, kindly reinvest the same along with accrued profit thereon, at the expected prevailing rate
for the same tenure

“I/We agree that this deposit is made subject to the General Terms and Conditions of Faysal Bank Limited,
applicable to all accounts and amendable from time to time, a current copy which I have already received,
read and Understood and agree to abide by them.”

Customer’s Name Signature

Customer’s Name Signature

Customer’s Name Signature

Customer’s Name Signature


If Company A/c, Company / organization’s Stamp Required

Signature Verified

Faysal Bank Limited


Incorporated in Pakistan with limited liability
THE TERMS ON WHICH THESE DEPOSITS ARE ACCEPTED

1. This Account is subject to the General Terms Applicable to all Accounts of Faysal Bank Limited ("FBL"), as may be
modified from time to time. The customer acknowledges that any advice in respect of the deposits sent to FBL by
him/them shall be deemed to be correct and binding on the customer unless FBL receives within fifteen days from
the date of such advice any written notice to the contrary from the customer regarding any exceptions and or any
errors therein.

2. The amount of the deposit and the profit there on cannot in any way be assigned, transferred or changed to any third
party by was of security PROVIDED that the customer shall have the right to create a Morabaha or pledge the deposit
in favor of any branch of FBL to secure any financial accommodation made by such branch to the customer or to any
other person pursuant to the customer's request. FBL is not bound by notice of any assignment, transfer or charge
in favor of a third party by way of security except in favor of any branch of FBL as aforesaid.

3. The deposit and payments, being governed by and subject to the laws of Pakistan in force at the relevant time, shall
solely be transacted at the branch to which the attached application is addressed, (the "Deposit Branch"), and at no
other branch of FBL. FBL shall not be liable beyond the control of the Deposit Branch, and registered office or any
other branch of FBL shall not be liable in respect thereof.

4. Each time the deposit reaches the maturity date it shall be automatically renewed for alike term unless the deposit is
withdrawn at such maturity date, or the Deposit branch receives from the customer or issues to the customer written
notice at least seven business days Prior to Such maturity date. Profit payable during any renewed term shall be at
the prevailing rate in effect for that term, at FBL, for which the deposit is renewed.

5. The profit on the amount of the deposit will cease to accure at the expiration of the period of notice given by the
customer or FBL for terminating the deposit.

6. The application and the terms and conditions contained hereinabove and overleaf shall be deemed to be and construed
as a part of the customer's original account opening from / agreement as if it were agreed between the customer and
FBL at the very outset.

7. Withdrawal of Term Deposit before maturity may be allowed at the sole discretion of the Bank and may attract penalties
by way of forfeiture or reduction in the profit, as the case may be, payable on maturity and / or changes which are
subject to change without notice to depositor as determined by the Bank.

Signature _____________

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