CHAPTER #

10IMPLMEN
TATION
PLAN
From the above
recommendation,
two
recommendations

are selected for

implantation plan.
10.1 IMPLEMEN
TATION PLAN F
OR MARE GAR
E CAR FINANCI
NGSCHEME
Implementation of
this financing
scheme is initiated

to provide long
term loans to
thegeneral public
for buying their own
car in easy
installments. This
financing scheme
willhelp bank to
increase its revenue
immensely

10.1.1 Rules and

regulations
Name of fi
nance Mare
Gare Car F
i n a n c i n g Mi
nimum amoun
t of finance
Rs. 300000M
aximum amou

nt of finance
Rs. 1500000R
ate of Mark up (on
daily product basis
) Rs. 0.43 per Rs.
1000P e r i o d
o f f i n a n c
e 3 o r 5
y e a r s Repay
ment to Bank

Quarterly (12
or 20 equal i
nstallments)

10.1.2
Documents
required for
extension for
loan

Documents of title
to car.Bank
monitoring team
approval
certificate.Car
dealer certificate of
authentication.
Insurance.

10.1.3 Securities
Required for
Extension of Loan
To ensure the safe
recovery of loan the
car will be
hypothecated.Guara
ntee of two 17
th

grade government or
semi
government officer.
Personal liability of
the borrower.
10.1.4 Finding out
Quarterly
Installments
Mark up will be
calculated for the

whole time period

and will be added to
the
principleamount.
The total of that will
be divided by
number of
installments to get
the amount for each
installmentThe

formula for
extracting mark
up isMark up
=F*R(1+N)2M

Where
F = Total amount of
financingR = Rate
of mark up for one
year N = Total
number of

installmentsM =
Number of
installments in one
year

Case study
A m o u n t o f
f i n a n c e R s
. 2 0 0 0 0 0 R
a t e o f m a

r k u p R s .
0 . 4 3 p e r
1 0 0 0 Total n
umber of inst
allments20 (5
y e a r s ) Number
of installments
i n o n e y e a r 4 Rat
e of mark up for one
year = .43 *

365/1000=.157Mark
up for the whole
financing will
beMark up = 20000
0 * 0.157*(1+20)2 *
4= Rs. 82425 Now
the quarterly
installments will
beQuarterly
installment =

principal amount +
total markupTotal
installments=20000
0 + 82425 / 20 = Rs.
14121/-The
borrower will pay
Quarterly
installment of Rs.
14121/-

10.2 Implement
ation plan for N
BP Hayatabad
branch Teleph
oneOperator
The ingredients of
the implementation
plan are.167Need/pr
oblem at the

branch.168Qualities
of a telephone
operator 169Benefit
s of a telephone
operator.170How
the need created and
banks staff
decision.171The
implementation plan
cost.

10.2.1 Need
problem at the
branch.
Every organization
has some problems.
NBP Hayatabad
branch has the
problem
of telephone
operator. It can save

the precious time of

not only manager
but other staff
aswell. On the
other hand banks
communication
system was not
doing well
overall.Therefore
as an internee I felt

that there should be

a telephone
operator who can
easilyhandle this
situation.
10.2.2 Benefits of
the telephone
operator
172It saves precious
time of the

manager and staff

members.173It
saves the time of the
customers.174Creat
es good impression
on the
customer.175Comm
unication within the
bank
improves.176Comm

unication of Bank
with outside
enhances.
10.2.3 How the need
was created
The need for
telephone operator
was created because
the staff members

would have toleave

their work and
attend the
telephone but some
times it would be a
wrong call,others
call or the calls
which they wanted
to avoid this would
not only waste their

time but also affect

their performance a
great deal.
Therefore they
think its useful to
have aspare person
for this facility.
10.2.4
ACTION/IMPLEM

ENTATION PLAN
COST
177Cost of HRM
departmentA d v e
rtisement i
n newspape
r cost4000
S e l e c
t i o n
c
o s t 1 0

0 0 0 T r
a i n i n
g
c o s
t 1 2 0 0
0 T o t a
l
H R M
c o s t 2
6 0 0 0 178
Telephone
networkingAddition

al telephone sets 25
00C a b l e (
R s . 5 / f o
o t , 5 * 8 0
0 ) 4 0 0 0 T e
l e p h o n e
m e c h a n
i c 2 0 0 0
L
a
b
o
r
2

0
S
t
c
0
e
p
s

e
e
o
0
r
e
2

0
p a r a
c e l l
s t 5 0
O t h
e x
n s e
0 0 0

Total networking
17500
T o t a l
a c
t i o n
p l a
n
c o s t 4 3
5 0 0 0
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SECTION2

Chapter2
This chapter
concludes brief
history of banking
in general, evolution
of banking,
bankingin Pakistan..
Chapter3:
This chapter consist
Nationalization of

banking in
Pakistan, History of
NBP,
missionstatement,
its objectives and
functions of
National Bank of
Pakistan.
Chapter4:

In this chapter the

services of NBP
were discussed.
SECTION III
Chapoter5:
In this chapter the
in this section the
departmentation of
NBP is
explained,and also

NBP Hayatabad
township branch.
SECTIONIV

Chapter6:

It tells about
Strengths,
Weaknesses,
Opportunities and
Threats of i.e.

SWOT analysis
of NBP.
Chapter 7:
It consists of
comprehensive
performance of
NBP through past
several years.
Ratioanalysis and
those parties, which

are interested in
financial
performance
of Bank.
Chapter 8:
It covers the critical
analysis of the
bank. This chapter
has been divided
into four partsi.e.

Problems at the
Branch, Functional
analysis,
Administrative
analysis, and
PersonalManageme
nt Analysis.
SECTIONV

Chapter 9:

In this chapter
recommendation for
improvement on all
aspects of the Bank
are given.
Chapter 10:
Two implementation
plans are given in
this chapter. Mare
Gare Car Financing

Schemeand Need
for Telephone
Operator.

CHAPTER # 2

EVOLUTION
OF BANKS
IN
PAKISTAN

There are different

opinions that how
the word Bank
originated. Some of
the authorsopinion
that this word is
derived from the
word Bancus or
Banque, which
means a bench. The

explanation of this
origin is attributed
to the fact that the
Jews in
Lombardtransacted
the business of
money exchange on
benches in the
market place; and
when the business

failed, the people

destroyed the
bench. Incidentally
the word
Bankrupts saidto
have evolved from
this practice.Some
of the authors are of
opinion that the
word Bank is

derived from the

Germanword back,
which means joint
stock fund. Later
on when the
German occupied
major part of the
Italy the word
Back
was italicized into

Back.In fact
human left the need
of bank when it
begins to realize the
importance of
money asa medium
of exchange.
Perhaps it where the
Babylonian who
developed banking

systemas early as
2000 BC. At that
time temples were
used as banks
because of their
prevalentrespect.
During the rule of
king Hamurabi
(1788 1686 BC)
the founder of

BabyloniansEmpire,
loans were started
being granted for
interest. The borro
wer has to provide
guarantee or he had
to pledge his goods
or valuables. King
Hamurabi drew up
a codewherein he

laid down standards

rules for procedures
for banking
operations by
templesand great
landowners. Also in
Greece, the temples
were used as banks,
where the
peopledeposited

their money and

other valuables for
safe custody and
security. In Europe
withthe revival of
civilization
(Renaissance) in the
middle of twelve
century, trade
andcommerce

started expanding
and this
development
compelled the
business community
to borrow the
money from the
Hebrew money
lenders on high
rates of interest and

usury.Seeing the
great demand, these
moneylenders
started organizing
themselves and
bank started up at
the principle
seaports of southern
Europe. Soon
Venice and Geneva

becamethe most
important money
markets of the time
and banking though
different from
its present form,
flourished. What
we know as
modern banking
originated in the 14

th

century in
Barcelona.
1