| Security Deposit |
Minimum 20% of the value of asset |
| Pricing |
Pricing as per declared monthly circulars |
| Tenure |
One year to Five years |
| Age of applicant |
21 to 55 years in case of salaried person 21 to 60 years in case of businessmen |
| Period of Employment/Engagement in Business or Profession |
Salaried for 02 years Businessman for 03 years |
| Minimum income required |
Rs. 18,000/- |
| Maximum Bank Exposure |
PKR 2.50 million |
| Security Deposit |
Minimum security deposit for the facility will be 20% of the value of the vehicle |
| Facility Period |
Period of facility will be 12 to 60 months |
| Mode of Rental Payment |
Postdated cheques |
| Security |
1. The vehicle will be registered in the name of BOK. Original File (if available) of vehicle along with copy of registration book and duplicate key to be retained by BOK, till full and final adjustment of facility. 2. Personal guarantee of the customer along with net worth statement. 3.Takaful of the vehicle duly consigned in favor of BOK |
