National Finance Ltd., a full-fledged Non-Banking Financial Institution (NBFI), provides Auto Loan to purchase brand new/reconditioned vehicles to the individuals.

AMOUNT OF THE LOAN

The loan amount depends on client’s repayment capability. It will be upto 70% of cost of the vehicle.

TENOR OF THE LOAN

Maximum 60 (sixty) months

ELIGIBITY

  • Service Holders
  • Self Employed Persons
  • Businessman etc.

AGE OF THE BORROWER:

Between 25 years to 60 years (Loan must be repaid on or before the age of 60)

SECURITY OF THE LOAN

  • Joint Registration of the vehicle under the name of both the borrower & NFL
  • Personal Guarantee (spouse/family
    members and an eligible 3rd party)

RATE OF INTEREST OF THE LOAN

Competitive rate of Interest

DOCUMENTS REQUIRED

  • Employment Certificate/Trade License of the business
  • Latest Salary Slip/Salary Certificate
  • NID, E-TIN Certificate
  • Bank statements for last 12 months
  • Income Statement of the business for last 3 years.

 

Download Forms


Auto Loan Application Form
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Loan/Lease

FDR with Simple Interest

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