first islami security bank

2. Head Office Controlled Branches shall obtain Application from the client in Duplicate (One copy for Branch record and the other to be sent to Head Office.

3. Branches under Zone shall obtain Application from the client in Triplicate (one copy for Branch record and the rest two copies to be sent to Zonal Office duly recommended by the branch).

4. The Zonal Office shall retain one copy for their record and send the other copy to Head Office along with the Proposal and their opinion and recommendation.

Scrutinize and entry of the Application of the client The concerned officer of the Branch shall scrutinize the application and ensure that: 1. All columns of the application are properly filled in; 2. Particulars and information given therein are complete and correct in all respects; 3. All required Documents/ Papers as listed in the footnote of the Application are submitted; 4. It is signed by the client as per specimen signature with the Bank and duly verified by the authorized Official of the Bank.

5. Attested photographs of the Proprietor(s), Partners, Directors, Trustees are affixed on the top right hand corner of the Application.

After scrutinizing, if it is found satisfactory the concerned officer of the branch will enter the Application in the “Investment Proposal Received and Disposal Register� and allot a Serial Number to it.

STEP THREE: CATEGORIZATION HPSM investment proposals may be Categorizes as under the following way: 1. Hire Purchase under Shirkatul Milk Commercial Investment proposal for Commercial purpose(s) shall be termed as Hire Purchase under Shirkatul Milk Commercial (HPSM Commercial).

2. Hire Purchase under Shirkatul Milk Industrial Investment proposal for Industrial Land, Buildings, Machineries, Equipments, Transport etc. shall be called Hire Purchase under Shirkatul Milk Industrial (HPSM Industrial).

3. Hire Purchase under Shirkatul Milk Agriculture Investment proposal for Agricultural Equipments, Machineries, Shallow Tube-Well, Deep Tube-Well, Tractor, Trailers, Transport etc. shall be turned as Hire Purchase under Shirkatul Milk Agriculture (HPSM Agriculture).

4. Hire Purchase under Shirkatul Milk Transport Proposal for Investment on Transport- Bus, Truck, Car, Taxi, Launch, Steamer, Cargo Vessel, Air Transport etc. shall be called Hire Purchase under Shirkatul Milk Transport HPSM Transport).

5. Hire Purchase under Shirkatul Milk Real Estate Proposal for Investment on Land, Building, Market, Apartments, for use/rental shall be called Hire Purchase under Shirkatul Milk Real Estate (HPSM Real Estate).