| Offering : | Car Financing & Light Commercial Vehicles like Bolan |
| Facilitation Mode : | Both Ready Delivery & Booking Modes |
| Loan Size : | Min Rs. 0.500 Million to Max Rs. 15 Million |
| Financing Tenor : | Minimum 1 year to maximum 7 years (for new & locally manufactured) |
| Processing Fee : | Rs. 5000/= excluding tax |
| Insurance / Tracker Charges: | As per actual |
| Imported Car : | At time of finance, imported car should not be older than 3 years |
| Co-Borrower : | Spouse / Parents / Son / Real Brother |
| Minimum Equity : | Minimum 15% of locally manufactured new vehicles Minimum 25% for imported vehicles |
| Debt Burden : | 50% debt burden of net disposable income |
| Mode of Repayment : | Direct Debit or Cash payment directly in deposited in Repayment Account & PDC |
| Mark Up : | 6M KIBOR + 3.5% to 4.5% p.a. |
| Age – Salaried Persons : | Min 21 years to max 60 years at time of maturity |
| Minimum Salary : | Rs. 35,000 net take home reflecting in the bank statement |
| Age – Businessmen / Self Employed : | Min 21 years to max 65 years at time of maturity |
| Determination of Income : | Minimum average balance of Rs. 50,000/= for six months |
| Business Status : | Minimum 3 years in current business |
Please approach your nearest Sindh Bank Branch to process your application.
In case of any further query, please call Sindh Bank Call Centre: 0800-33322.