Product Description

Individuals and Entrepreneurs, who are self-employed, providing services or doing business and wish to own a new or used (up to maximum 03 years old vehicle) local or imported commercial vehicle for business use as well as for rental income generating activities. 

Loan Amount

  • Minimum Rs. 50,000/-
  • Maximum Rs.1,000,000/-

Loan Tenure

From 01 year to 07 Years

Basic Documentations

  • Copy of valid Computerized National Identity Card (CNIC) or Smart CNIC
  • 1 recent passport size photograph of the Customer
  • Copy of Valid Driving License of Customer
  • 2 references with their CNIC copies and Contact details
  • Quotations from 03 reputable dealers of the locality for used/imported vehicle.
  • Price List of Manufacturer of Vehicle
  • Proof of Business/Undertaking for running business for self-employed persons
  • A copy of latest paid utility bill of business place or residence.
  • 6 months’ personal account statement in case of self-employed/services or any other proof of business transactions (if available).

Security

The microenterprises loan is offered against following securities:

  • Hire Purchase over the leased Vehicle duly insured with Tracker
  • Post Dated Cheques
Product Name Down Payment New Markup Rate
Commercial Vehicle Loan 0% 21.46%
5% 19%
10% 17%
15% 15%
20% 14%
30% & Above 13%

 

COMMERCIAL VEHICLE LOAN

Products & Services

Whether you have small business, repaying your loans or sharing the gift of life. We take care of all!..
چاہے آپ کے پاس چھوٹے کاروبار ہیں، اپنے قرضے کی ادائیگی یا اشتراک کرنا زندگی کا تحفہ ہو. ہم سب کی دیکھ بھال کرتے ہیں ..

 

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