Fleet Finance Facility

Purchase of Commercial / Passenger Vehicle(s)
Easy Monthly Installments with competitive Pricing / Rates
Vehicle Repayment Option
Repayment Tenor from 1 to 5 years
Secured by Equity Participation of 20-30% & Personal Guarantees of stakeholder(s)
The title of the Financed vehicle will be in the name of the customer and PFSL’s Lien will be marked on the title of the vehicle
Quick Processing and Disbursement of Facilities

The sponsor/mortgagor/borrower/ must be resident Pakistanis having age between 25 to 65 years
A business in operation for at least 3 years.
Attested photocopy of CNIC of Sponsor/Owner/proprietor/Partners/Directors and mortgagor.
Loan application Form on Prescribed Format
Copies of last 3 years Income Tax returns filed in the business name, if applicable
Copies of last 3 years Income Tax and Wealth Tax returns / statements filed for partners/ proprietor/ directors, if applicable
Copy of Title documents (Sale Deeds, Transfer Letter, etc.), latest payment receipt for Property Tax and duties, levies paid in respect of the property and other supporting documents of property offered to the bank as security
Copy of current professional association / trade body membership/NTN certificate, if applicable
Copy of Rent Agreement of business place (if premises is on rent)
Two recent Passport size Photographs of the partners / proprietor
Stock report in case of Manufacturing and Trading concern
Your last paid utility bill and business data
A certified copy of your bank statement for the last 1 year
A proprietorship letter or partnership deed or latest form 29 or search report as applicable
Evaluation of collateral and legal vetting of property documents