Process
How installment financing works
Six stages, no surprises. Every fee, charge and requirement is disclosed before you sign.
1 · Apply online
Pick a product, set your down payment and tenure, then complete the application with your identity, income and employment details.
2 · Witnesses & guarantor
Two witnesses and one guarantor are mandatory. Each provides CNIC, contact details and a signature on the agreement.
3 · Verification
Our coordinator verifies your documents, calls your references and confirms employment or business income.
4 · Security & valuation
A bank equity guarantee is checked. Financing above PKR 300,000 also requires an on-site physical valuation.
5 · Approval
Credit assessment, branch manager review and final approval. You are notified at every stage on the tracker.
6 · Agreement & delivery
The agreement is executed on revenue-stamped paper with all signatures, then the product is released and the schedule starts.
Documents to keep ready
- Applicant CNIC (front and back)
- Latest salary slip or business proof
- Six months bank statement
- Recent utility bill of residence
- Guarantor CNIC and income proof
- Two witness CNIC copies
- Passport-size photograph
- Revenue stamp for the agreement
Charges you should know
- Processing fee
- Charged once at agreement, typically 5% of the product price.
- Late payment penalty
- Applied on installments unpaid past the due date, as stated in your agreement.
- Early settlement charge
- Settle the whole balance early and pay a 10% charge on the outstanding amount — always shown before you confirm.