Medium to long term loan to finance acquisition of private vehicles, commercial vehicles, equipment and yellow metal goods.
Medium to long term loan to finance acquisition of private vehicles, commercial vehicles, equipment and yellow metal goods.
Understanding all details around this product will help you decide if this is the right product for you.
Prime linked and risk based.
Acquisition of any movable property with an identifiable serial number.
N/A
Primarily based on the asset being financed, loan repayment ability based on past profitability and or cash-flow based assessment. Positive Free Cash Flow and Debt Service Cover Ratio are key ratios to look for.
Depend on affordability, serviceability and on the credit decision taken
Lien of assets financed and additional collateral maybe required
12 - 60 months
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