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Corporate Banking
Leasing
Bank One Leasing
Our Financial leasing facilities

Financial leasing facilities are available for acquisition of plant and machinery, motor vehicles, leisure crafts and other identifiable movable assets.

The Broad terms of the financial leases are:
  • % financing          : 80% in general – higher % on case to case basis
  • Period                   : Up to 7 years, depending on the asset.
  • Interest rate         : Fixed rate or floating rate linked to PLR, depending on the requirements
                                     of the client and the Bank.
  • Repayment          : In equal monthly instalments.
  • Residual Value   : Normally up to 5 %, but can depend on specific requirements.
  • Turnaround time : 24 hours
In case you or your company are contemplating any assets acquisition, Bank one will be pleased to structure a suitable financial lease. View contact details of our Relationship Managers >>
 
 
 
 
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