Individuals and Entrepreneurs, who are self-employed, provide services or do business and wish to own a new or used local or imported commercial vehicle (up to a maximum of 03 years) for commercial use, as well as for rental income generating activities. The Maximum loan amount is 100000 with loan tenure from 1 years to 7 years
Commercial Vehicle Loan Features
1. Minimum loan Rs. 50,000/-
2. Maximum loan Rs. 1,000,000/-
3. Loan Tenure is From 01 year to 07 Years
4. The microenterprises loan is offered against:
a. Hire Purchase over the leased Vehicle duly insured with Tracker
b. Post Dated Cheques
Commercial Vehicle Loan Basic Documentations
1. Copy of valid National Computerized Identity Card (CNIC) or Smart CNIC
2. 1 recent passport size photograph of the Client
3. Copy of the client’s valid driver’s license
4. 2 references with their CNIC copies and contact details
5. Quotes from 03 accredited local dealers for used / imported vehicles.
6. Vehicle manufacturer price list
7. Proof of Business / Commitment to carry out business activities for freelancers
8. A copy of the last paid utility bill from the place of work or residence.
9. 6-month personal account statement in case of freelancers / services or any other proof of business transactions (if available).
How to Apply For Mobilink Microfinance Bank Commercial Vehicle Loan
Visit your nearest Mobilink Microfinance Bank to apply for a loan and further information. Click to explore bank branches: https://www.mobilinkbank.com/our-branches
Mobilink Microfinance Bank Contact Information:
· Address: 3-A/2 F-8 Markaz Islamabad
· Phone: 051 2817070 77
· Customer Service, complaints and feedback: 051-2817076
· Email: info@mobilinkbank.com
· For complaints: complaints@mobilinkbank.com
· Helpline number(24/7 ): 051 – 111 962 962
