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Direct Lease/ Loan

Direct Lease/Loan options allows self-employed, rent Income earners and entrepreneurs to meet personal needs and part financing of expenses.

Purpose

  • To meet medical, education, family emergencies, holiday, wedding expenses etc..

  • To purchase wide range of consumer goods, construction materials, cars, motorcycles etc.

Eligibility

  • Individuals with continuous employment for 3 years in current employment

  • Business Operation- 3 years in operation or can be considered based on owners strong business or income background

  • Guarantor with stable income source is required

Key Features

  • Finance Limit: Up to MVR 500,000

  • Collateral: Not required

  • Loan Tenor: Up to 60 months (05 years)

  • Equity: Not required

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