An attested copy of unexpired Service/ Job Card issued by the employer OR an attested copy of Certificate or Letter on letter head of the employer (not more than three (3) months old).

Investment balance equal to or above Rs. 10 Million:

(a)      An attested copy of unexpired Service/ Job Card issued by the employer OR an attested copy of Certificate or Letter on letter head of the employer (not more than three (3) months old) OR an attested copy of Salary Slip (not more than three (3) months old) showing the name of employer; and

(b)      Documentary evidence to justify the investment balance such as an attested copy of Salary Slip (not more than three (3) months old) showing the name of employer or latest complete income tax return and wealth statement submitted to FBR, etc.

Note:

The Customer can get the copy attested by his/ her Human Resources/ Payroll Department or show original document to our Sales Person who will mark “Attested & Original Seen” on the copy with his/ her signature.

Proceeds Realization Certificate (PRC) OR Swift Slip OR Remittance Slip (such as Western Union) OR Bank Statement reflecting the amount of remitted proceeds.

Investment balance above Rs. 5 Million but below Rs. 10 Million:

(a)     Proceeds Realization Certificate (PRC) OR Swift Slip OR Remittance Slip (such as Western Union) OR Bank Statement reflecting the amount of remitted proceeds; and

(b)     Disclosure of relationship with the Remitter and identity of the Remitter.

Investment balance equal to or above Rs. 10 Million:

(a)     Proceeds Realization Certificate (PRC) OR Swift Slip OR Remittance Slip (such as Western Union) OR Bank Statement reflecting the amount of remitted proceeds;

(b)     Disclosure of relationship with the Remitter and identity of the Remitter;

(c)      KYC Form of the Remitter; and

(d)     If the investment balance exceeds the amount of remitted proceeds as provided in bullet (a) above then latest documentary evidence to justify investment balance such as Bank Statement of at least previous six (6) months or copy of latest income tax return and wealth statement submitted to FBR, etc.

(b)     Notarized copy of decision taken by Punchayat/ Mahalla Committee duly attested by Gazetted Officer (BPS-17 or above)/ branch manager of the bank/ notary public/ authorized officer of the Company; OR

(c)      A copy of duly executed Will/ Gift Deed/ Transfer Deed attested by Gazetted Officer (BPS-17 or above)/ branch manager of the bank/ notary public/ authorized officer of the Company; OR

(d)     A copy of latest complete income tax return and wealth statement submitted to FBR.

(b)     IPS Statement or CDC Statement or Broker Statement or Investment Statement of at least previous six (6) months; OR

(c)      A copy of latest income tax return and wealth statement submitted to FBR.

A copy of Retirement Letter OR Settlement Letter OR Pension Book OR any other valid document disclosing the amount of retirement benefits received on retirement.

Investment balance equal to or above Rs. 10 Million:

(a)      A copy of Retirement Letter OR Settlement Letter OR Pension Book OR any other valid document disclosing the amount of retirement benefits received on retirement and justifying the amount of investment; OR

(b)      A copy of latest complete Income Tax Return and Wealth Statement submitted to FBR.

(b)      Latest documentary evidence to justify investment balance such as Bank Statement of at least previous twelve (12) months OR copy of latest income tax return and wealth statement submitted to FBR OR any other valid documentary evidence.

A copy of rental agreement where rental income is shown.

Investment balance equal to or above Rs. 10 Million:

a)   A copy of rental agreement where rental income is shown; and

b)   If the investment balance is not justified with the rental income as shown in the rental agreement then documentary evidence to justify the investment balance such as Bank Statement of at least previous six (6) months or copy of latest income tax return and wealth statement submitted to FBR, etc.

A copy of duly executed Sale deed OR Sale Agreement OR Transfer deed showing the amount of disposal proceeds.

Investment balance equal to or above Rs. 10 Million:

(a)     A copy of duly executed Sale deed OR Sale Agreement OR Transfer deed showing the amount of disposal proceeds; and

(b)     Bank Statement showing the amount of disposal proceeds.

(c)      If the investment balance is not justified with the amount of disposal proceeds then documentary evidence to justify the investment balance such as Bank Statement of at least previous six (6) months or copy of latest income tax return and wealth statement submitted, etc.

(b)      A copy of Transfer Letter.

(a)      Account opening requisition on business letter head addressed to the Management Company;

(b)      A copy of sales tax registration or NTN Certificate, wherever applicable; and

(c)      A copy of latest utility bills paid OR Rental Agreement of the business place OR Bank Statement for verification of Registered/ Business address.

Investment balance equal to or above Rs. 10 million:

(a)     Account opening requisition on business letter head addressed to the Management Company;

(b)     A copy of sales tax registration or NTN Certificate, wherever applicable;

(c)      A copy of latest utility bills paid OR Rental Agreement of the business place OR Bank Statement for verification of Registered/ Business address; and

(d)     Any documentary evidence about annual income such as copy of latest income tax return and wealth statement submitted to FBR or latest accounts of sole proprietorship, etc.

(a)     Attested copy Partnership Deed.

Investment balance equal to or above Rs. 10 million:

(a)      Attested copy Partnership Deed; and

(b)      Any documentary evidence about annual income such as copy of latest income tax return and wealth statement submitted to FBR or latest accounts of partnership, etc.

(b)     Duly filled and signed KYC Form and a copy of valid identity document of the provider of the funds, if any; and

(c)      Documentary evidence for source of funds as covered in Serial No. 1 to 11.

(b)     Self-declaration (of customer) for source and beneficial ownership of funds;

(c)      Duly filled and signed KYC Form and a copy of valid identity document of the provider of the funds, if any; and

(d)     Documentary evidence for source of funds as covered in Serial No. 1 to 11.

(b)     Documentary evidence for source(s) of income/ funds of the Guardian as covered in Serial No. 1 to 11.

(b)    A certified copy of Letter of Administration or Probate;

(c)    A copy of latest Utility Bills paid or Rental Agreement of the business place for verification of Registered address/ Business address; and

(d)    Documentary evidence for source of funds as covered in Serial No. 1 to 11.

(b)    Certified copy of Power of Attorney or Agency Agreement;

(c)    A copy of latest Utility Bills paid or Rental Agreement of the business place for verification of Registered/ Business address; and

(d)    Documentary evidence for source of funds as covered in Serial No. 1 to 11.

(a)     A copy of valid CNIC/ SNIC/ NICOP/ SNICOP/ POC/ ARC (in case of local individuals only) or an attested* copy of Passport having valid visa on it or any other proof of legal stay along with Passport (in case of foreign national individuals only) of the Sole-Proprietor.

(b)     Account opening requisition on business letter head addressed to the Management Company.

(c)      Attested* copy of registration certificate for registered concerns only.

(d)     A copy of sales tax registration or NTN Certificate, wherever applicable.

(e)      A copy of latest utility bills paid or Rental Agreement of the business place or Financial Statements or Bank Statement for verification of Registered/ Business address.

Investment balance equal to or above Rs. 10 Million:

(a)     All documents as mentioned for investment balance below Rs. 10 million; and

(b)     Any documentary evidence about its annual income such as copy of latest income tax return and wealth statement submitted to FBR or latest accounts, etc.

*  Document can be attested by the gazetted officer (BPS-17 and above) or notary public or authorized officer/ distributor of the Management Company.

(b)     Attested* copy of Partnership Deed.

(c)      Attested* copy of Registration Certificate with Registrar of Firms. In case the partnership is unregistered, this fact shall be clearly mentioned on the Account Opening Form.

(d)     Authority letter from all partners, in original, authorizing the person(s) to operate firm’s account.

(e)      A copy of latest utility bills paid or Rental Agreement of the business place or Financial Statements or Bank Statement for verification of Registered/ Business address.

(f)       Latest documentary evidence to justify investment amount such as Bank Statement of at least previous six (6) months or copy of income tax returns or latest financial statements, etc.

*  Document can be attested by the gazetted officer (BPS-17 and above) or notary public.

(b)      A certified* copy of Limited Liability Partnership Deed/ Agreement.

(c)      A certified* copy of LLP-Form-III having detail of partners/ designated partner in case of newly incorporated LLP or a certified copy of LLP-Form-V regarding change in partners/ designated partner in case of already incorporated LLP.

(d)      Authority letter signed by all partners, authorizing the person(s) to operate LLP account.

(e)      A copy of latest utility bills paid or Rental Agreement of the business place or Financial Statements or Bank Statement for verification of Registered/ Business address.

(f)        Latest documentary evidence to justify investment amount such as Bank Statement of at least previous six (6) months or copy of latest income tax return submitted to FBR or latest financial statements, etc.

* Any Authorized Person having custody of the Original document can certify these documents.

(b)     Duly certified* Register of Ultimate Beneficial Ownership maintained under Section 123A of the Companies Act, 2017 or duly signed Form-43 or duly signed letter disclosing the Individual Beneficial Owner(s) (natural person(s)) along with the copies of their valid identity documents as per Serial No. I (a) above.

(c)      Certified* copy of Resolution of Board of Directors for opening of account specifying the person(s) authorized to open and operate the account.

(d)     Certified* copy of Memorandum and Articles of Association.

(e)      Certified* copy of Certificate of Incorporation.

(f)       Certified* copy of latest Form-A/ Form-B.

(g)     Certified* copy of Incorporate Form II in case of newly incorporated company and Form-A/ Form-C whichever is applicable; and Form-29 in case of already incorporated companies;

(h)      A copy of latest available Audited Financial Statements in case of Listed Companies only.

(i)       A copy of latest available Financial Statements filed under the Section 234 of the Companies Act 2017 in case of other companies.

(j)       NTN Certificate.

* Any Authorized Person having custody of the Original document can certify these documents.

Notes:

(i)      The condition of obtaining Board Resolution is not necessary for foreign companies/entities belonging to countries where said requirements are not enforced under their laws/regulations. However, such foreign companies will have to furnish Power of Attorney from the competent authority for establishing Business Relationship to the satisfaction of the Management Company.

(ii)     The condition of obtaining copies of identity documents of directors of Limited Companies/Corporations is relaxed in case of Government/ Semi Government entities, where the Management Company will obtain copies of valid identity documents of only those directors and persons who are authorized to open and operate the account. However, the Management Company shall validate identity information including CNIC numbers of other directors from certified copies of Form-A/ Form-B/ Form-29.

etc.

(b)     Certified* copy of By-laws/Rules & Regulations.

(c)      Resolution of the Governing Body/ Board of Trustees/ Executive Committee, if it is ultimate governing body, for opening of account authorizing the person(s) to operate the account.

(d)     Copies of valid identity documents as per Serial No. I (a) above of the authorized person(s) and of the members of Governing Body/ Board of Trustees/ Executive Committee, if it is ultimate governing body.

(e)      A copy of latest utility bills paid or Rental Agreement of the business place or Financial Statements or Bank Statement for verification of Registered address/ Business address.

(f)       Any other documents as deemed necessary including its latest annual accounts/ financial statements or disclosures in any form which may help to ascertain the detail of its activities, sources and usage of funds in order to assess the risk profile of the prospective customer.

(g)     NTN Certificate.

* Any Authorized Person having custody of the Original document can certify these documents.

(b)     Certified* copy of By-laws/Rules & Regulations.

(c)      Resolution of the Governing Body/ Board of Trustees/ Executive Committee, if it is ultimate governing body, for opening of account authorizing the person(s) to operate the account.

(d)     Copies of valid identity documents as per Serial No. I (a) above of the authorized person(s) and of the members of Governing Body/ Board of Trustees/ Executive Committee, if it is ultimate governing body.

(e)      Any other documents as deemed necessary including its latest annual accounts/ financial statements or disclosures in any form which may help to ascertain the detail of its activities, sources and usage of funds in order to assess the risk profile of the prospective customer.

(f)       A copy of latest Utility Bills paid or Rental Agreement of the business place or Financial Statements or Bank Statement for verification of Registered address/ Business address.

(g)     NTN Certificate.

* Any Authorized Person having custody of the Original document can certify these documents.

(b)     Copies of valid passports of all the signatories of account.

(c)      List of directors on company letter head or prescribed format under relevant laws/regulations.

(d)     Certified* copy of Form-II about particulars of directors, principal officer, etc. in case of newly registered branch or liaison office of a foreign company or certified* copy of Form-III about change in directors, principal officer, etc. in already registered foreign companies branch or liaison office of a foreign company.

(e)      A Letter from Principal Office of the entity authorizing the person(s) to open and operate the account.

(f)       A copy latest Utility Bills paid or Rental Agreement of the business place or Financial Statements or Bank Statement for verification of Branch/Liaison office address.

(g)     Any other documents as deemed necessary including its latest annual accounts/ financial statements or disclosures in any form which may help to ascertain the detail of its activities, sources and usage of funds in order to assess the risk profile of the prospective customer.

* Any Authorized Person having custody of the Original document can certify these documents.