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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
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To meet medical, education, family emergencies, holiday, wedding expenses etc..
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To purchase wide range of consumer goods, construction materials, cars, motorcycles etc.
Eligibility
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Individuals with continuous employment for 3 years in current employment
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Business Operation- 3 years in operation or can be considered based on owners strong business or income background
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Guarantor with stable income source is required
Key Features
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Finance Limit: Up to MVR 500,000
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Collateral: Not required
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Loan Tenor: Up to 60 months (05 years)
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Equity: Not required
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