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financing for success...since 1995
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Stock Updates

Date: 2017-06-08
Max 318
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HomeHire Purchase Loan

Hire Purchase Loan

Our hire purchase loan has been especially designed with attractive features, simple documentation process, flexibility and speedy delivery to suit our customers’ needs. Under this scheme, we offer loans for purchase of new/used vehicles or for commercial vehicle financing.

Purpose

Financing available for purchase of:

    • Private new car or motorcycle,
    • Reconditioned car or motorcycle,
    • New Public transport vehicle like:
      • Trucks,
      • Buses,
      • Minibuses,
      • Pickup Vehicles,
      • Micro-buses, etc
    • Reconditioned Public Transport Vehicle like:
      • Trucks,
      • Buses,
      • Minibuses,
      • Pickup Vehicles,
      • Micro-buses, etc

Salient Features

    • Minimum loan of Nrs.10,000/-
    • Financing up to 50% - 70% of distress value.
    • Loan tenure of maximum 5 years.
    • Interest rate of 12.00% to 16.50%.
    • Management fees of 2%.

 

 
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