Features
This loan scheme provides financial support to Government and Provincial public sector employees to purchase Motor Vehicles.
Mortgage over motor vehicle / motor cycle / scooter
Personal guarantee of two officers of similar or higher grade
Assignment over comprehensive insurance policy
Eligibility
Should be a Permanent Officer of the Central Government or provincial public service
Should possess a valid driving license
A loan under this scheme may be obtained only once in five years
Documents Needed
Loan Application | Pro forma invoice | Declaration from the seller (for second hand vehicle)
Valuation Report | Certificate of Registration | Comprehensive insurance Policy
Revenue License for the current year | Certificate from the Head of the Department | Form No 375