Banks allowed to lease CNG kits, tracking devices

Banks allowed to lease CNG kits, tracking devices
Updated on

Summary The SBP allowed banks to provide loans for tracking devices and CNG kits.

According to a circular issued by the central bank, Consumer Financing Regulation Order has been amended, and all the banks have been directed to take minimum 10 percent as down payment while leasing a vehicle. The SBP has also directed the banks to lease only tax paid products.
Browse Topics