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“A lease facility for Salaried Individuals to purchase locally manufactured / assembled / imported motorcycles for their personal use”
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Yes, if you are Salaried individual and maintaining salary account with any bank.
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Minimum Rs.20,000/- Maximum Rs.200,000/-
Monthly Installment(s) should not exceed 50% of disposable income
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Minimum: 1 year
Maximum: 3 years
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1/2/3 Years ask side KIBOR+ 450 bps with floor of 18%p.a. (KIBOR of respective tenure of 1,2 &3 years shall be used)
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- Processing Charges (Non refundable) = Rs. 1000/- (Non-Refundable)
- E-CIB Charges = At actual (Upfront / Non-Refundable)
- Verification fee upfront =Rs.500/- (Upfront / Non-Refundable)
- Documentation Charges = Actual
- Insurance Rate = Actual, charged by insurance company.
- Registration Charges = Actual. Payable directly by the customer
- Late payment Penalty = 3% on the amount of installments per day for the days the amount remains overdue.(Max. Rs.500/- per installment)
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- Age between 25 and 59 Years or retirement date; whichever is earlier (59 Years at maturity of facility)
- Permanent Govt. Employee with Minimum 03 Years of job Experience.
- Maintaining Salary Account with BOP
- Have valid Driving License
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- Application Form
- CNIC copy
- Latest Salary Slip (Employer Certificate, if salary slip is not provided by employer/incomplete disclosure).
- Bank Statement for last 06 months
- Latest Copy of utility bills (Electricity or Phone)
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- Download application form ==> Attach required Documents & send to nearest Consumer Financing Centre (CFC)
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- Contact our nearest Consumer Financing Center (CFC)
OR
- Email your contact number at rfd@bop.com.pk
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And our consumer team will contact you to complete your application