Al-Mawakhat Sohni Scooty
Whether it is about providing a sewing machine or a peco machine as a means of side-earning, we have always looked out for women in need. In continuation to this great cause, we now offer to buy scooty for students and working women, making travelling more straightforward and hassle-free.
Required Documents
- Application form
- Copy of a valid CNIC of Customers
- Copy of valid CNIC of two guarantors
- Application Processing fee Rs. 2,000/per applicant non refundable
- Posted Dated Cheque from Customer as Guarantee.
- Feasibility of the business
- Third party guarantee (optional)
- Latest Salary Slip or Business income Proof or Undertaking on Affidavit for Income Proof
- Relevant proof for skilled person (Optional)
- Last Three Month Bank Account Statement/Account Maintenance Certificate.
- Latest copy of utility bill (Electricity/Gas) for residence proof.
Eligibility Criteria
- Age: 20-60 years
- Financing: 20,000/- to 500,000/- Individuals
- Financing: 20,000/- to 1,500,000/- Enterprises
- Down Payment (D.P) of applicant: Minimum D.P 10% and Maximum D.P 40. % on Assets Value
- Tenure: 3 Months to 5 years.
- The maximum income for individuals or salaried persons is Rs. 100,000/-.Allowances such as telephone, traveling, and fuel allowances are not considered part of the salary.
- Micro-entrepreneurs, who are either self-employed or employee a few individuals not exceeding 10 (excluding seasonal labor), have a maximum annual income of 4 million.