VEHICLE FINANCING

Loans for business owners who want to expand their Business .Give the ownership of vehicle to the bank as collateral. (Above 2007 model, and running condition)

Fees & Charges

Interest Rate  12%
Service Charges  1%
Late Fees  0.10% Per Day

Required Documents

  • NRC, household member list, passport photo
  • Business license
  • Tax on profit paid to government for business
  • Financial statement (profit and loss, balance sheet)
  • Color photos of business, Original title deeds/ document
  • Company Registration Certificate
  • Articles of Association, Memorandum of Association
  • Form E, Form 6, Form 26
  • Export/Import license or declaration
  • Documentation of the ownership of vehicle
  • Color photos of business (working condition, material, building) (in front, back and both sides left & right and interior)
  • Color photos of vehicle (in front, back and both sides left & right and interior)