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 | 10.00% |
Service Charges | 1.00% |
Late Fees | 0.10% Per Day |
Required Documents
- NRC, household member list, passport photo
- Business license (Copy)
- Tax on profit paid to government for business
- Financial statement (profit and loss, balance sheet)
- Color photos of business (working condition, material, building) (in front, back and both sides left & right and interior)
- Proof of residency (Original/Copy)
- Need to open a Current Deposit account
- Export / Import license or declaration
- Company Registration Certificate
- Articles of Association, Memorandum of Association
- Documentation of the ownership of vehicle
- Color photos of vehicle (in front, back and both sides left & right and interior)