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Get to know what you should be aware of when deciding to buy a car, build a house, investing for your retirement and many other activities.
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
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
- 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 owners (i.e. Sole proprietors, Partners and Directors of companies) and companies such as
Sole Proprietorships, Partnerships and Limited Liability Companies
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.
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.)
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.