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Green Leases

Save energy and save earth
for your future generations

Commercial Bank Green Leases give you the financial support to conserve energy with energy efficient Vehicles and machineries 




The Essentials

  • Leases to fund purchasing of hybrid vehicles, electric vehicles, solar panels & Other energy efficient machinery / equipment

  • Extremely competitive low rentals

 

Whenever you save energy, you not only save money, you also reduce the demand for fossil fuels, the primary contributor to global warming, and other pollutants. Commercial Bank Green Leases will fund your purchases of energy efficient vehicles and machineries to help you conserve energy.

Extended repayment period up to 7 years

No additional security requirement for leasing facilities

 

Lease amount

Electric Vehicles – Up to 90% of the market value

Hybrid Vehicles (Registered) - Up to 70% of the market value

Hybrid Vehicles (Unregistered) - Up to 50% of the market value

Machinery Equipment - Up to 75% of the purchase value

 

Eligibility

If employed,

   - Should be a permanent employee with a minimum monthly salary of Rs.50,000/-.

   - Minimum service of 01 year in the current employment.

   - Age between 18 to 60 years.


If self employed,
   
   - Should be a registered member of the respective governing body of the profession. (Eg. CIMA, ACCA etc...)

   - Minimum regular disposable monthly income should be Rs.50,000/-.

   - Age between 18 to 65 years.


Business entities,

   - Business owners (i.e. Sole proprietors, Partners and Directors of companies) and companies such as
     Sole Proprietorships, Partnerships and Limited Liability Companies

 

How to apply

You can visit a branch of your choice and discuss your requirement with an officer. He/She will guide you through the Lease application process. You can also download the application form by clicking the 'Download' button below.

Please fill the Loan Lease application form and hand over to the branch with the required documentation. Remember to take your national identity card, driving license or passport if you are not an existing customer of the Bank. This is necessary for us to identify you.

 

Documents required

Completed Lease Application Form

Performa Invoice /Quotation

Recent salary slips or documents evidencing income of the Borrower /s

Letter of undertaking from the employer to remit the applicant's salary to the Commercial Bank Account - (Applicable only if the applicant is employed)

Evidence for Permanent Residence (Utility bills, Bank Statements etc.)
 

Repayment period

Maximum repayment period for lease is 7 years.

Green Leases Equated monthly rentals or structured rentals according to the borrower's cash flow.

 

Terms & Conditions apply
Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.

Apply now

Download