Auto Finance
JWS Pakistan “Auto Finance”
Loans are offered to fulfill the automobile demand of the customers for their income generating activities. This facility is provided for the repair and maintenance of auto-rickshaw, chingchi, loader ricksha, carry daba, Toyota, taxi, trolley tractor and also the purchase of auto rickshaw, chingchi, lodder rickshaw and motorbike etc.
PRODUCT DESCRIPTION
Loans are offered to fulfill the automobile demand of the customers for their income generating activities. This facility is provided for the repair and maintenance of auto-rickshaw, chingchi, loader ricksha, carry daba, Toyota, taxi, trolley tractor and also the purchase of auto rickshaw, chingchi, lodder rickshaw and motorbike etc.
ELIGIBILITY CRITERIA
• Age between 18-63 years
• Holding valid CNIC
• Business experience of minimum of 2 years
• Permanent resident of the local area
• Positive credit worthiness as per “JWS Pakistan” criteria
LENDING METHODOLOGY
• Individual
GUARANTEE
• Guarantor required/ postdated cheque
TENURE
• 12 -to- 36 months
LOAN REPAYMENTS
• Equal Monthly Installments
LOAN AMOUNT
CATEGORY 1. MAINTENANCE,
• Minimum PKR- 40,000.
• Maximum PKR-200,000.
CATEGORY 2. PURCHASING OF AUTO,
• Upto PKR-500,000.
LOAN INSURANCE
• Client and Spouse Credit Life Insurance