Requirements:

• Applicant should have worked with the present employer for at least one (1) year.


• Undertaking from employers to make monthly deductions on applicant’s behalf..


• Pro-forma invoice of vehicle of choice..


• The vehicle of choice should not be more than seven (7) years.


• Loan to be granted for a period between 36 to 60 months unless otherwise approved (Age of vehicles determines duration)..


• Applicant can access between 60 to 70% of the value of vehicle depending on the age of it..


• Applicant would pay 30 /40% of the value of the vehicle upfront..


• To register and insure vehicle comprehensively in the name of JISLAH Financial Services Limited, during the duration of the loan facility, JFSL may insure the vehicle at a higher rate and bill the client if he/she fails to produce a renewed comprehensive insurance certificate on the due date.


• Amount depends on net salary / income and loan duration.


• Inspection of applicant and guarantor’s work places and residences.