Lease Finance for Vehicle/Machineries
Features:
- Lease financing for different types of vehicles/Machineries (Reconditioned/ Brand new). Reconditioned Vehicles/Machineries should not be more than 6 years old.
- Registration of the Vehicles/Machineries in the name of FI or jointly with client.
- FI can repossess the Vehicles/Machineries (as per lease agreement) in case of failure of the Lessee to pay the rental regularly.
Customers: Individual Borrower for Corporate Businesspersons.