An ideal solution for long and short term financing
The facility is based on Shirkat-ul-Milk. Under the facility Bank and customer jointly own the asset and bank after assuming the ownership and possession of asset in workable condition rents outs its share of ownership to customer.
Bank share of ownership is further divided into units which the customer undertakes to purchase periodically. DM facility is offered to meet medium and long term financing needs of:
- Corporate
- Agriculture
- SME
- Consumer
The facility is offered to finance
- Plant and machinery
- Equipment
- Vehicles