Easy Lease

Live in Style & Comfort
(Specially designed for the employees of Tree Top Investments and related companies)

The product has been designed to meet today’s lifestyle needs, offering wide range of consumer durables and motorcycle. Your desired products are purchased from a supplier of your choice and sold to you at a predetermined price which include our profit. The lease rentals are structured on an agreed easy monthly installments which will be deducted from your monthly salary by your employer and sent to us on an agreed date.

Main Features

  • Repayment period from 6 months to 12 months for Consumer Durables
  • Repayment period from 6 months to 36 months for Motorcycles
  • Total deduction from salary should not exceed 50% of the take home pay

Benefits

  • No guarantor requirement for facilities below MVR 100,000
  • Facility granted within 3 working days (subject to submission of complete set of documentation)
  • Choose the supplier of your choice
  • Any movable asset can be leased (Subject to eligibility)

Eligibility for Maldivians

  • Employees aged between 21 to 60 Years
  • Living and working in Maldives
  • Total deduction from salary (include other banks & financial institutions) should not exceed 50% of the total  take home  pay (basic salary plus other allowances)
  • Minimum 2 years of employment – Total Income (Salary + Allowance) less than USD1000
  • Minimum 1 year-   Total Income (Salary + Allowance) USD1000 & above year

Eligibility for Non-Maldivians

  • Employees aged between 21 to 60 Years
  • Living and working in Maldives
  • Have been in continuous employment for last 5 years.
  • Total deduction from salary (include other banks & financial institutions) should not exceed 50% of the total take home  pay (basic salary plus other allowances)

Documents Required

  • Completely filled application form Application Form
  • Copy of National Identity Card  (Valid)
  • Copy of the Passport & Work permit (Valid)
  • Quotation(s) from supplier(s) List of Registered SuppliersIf the facility is above MVR 100,000 a guarantor is required and the following documents of the guarantor need to be submitted along with the application form.
  • Guarantor information on the application form to be filled
  • Copy of National Identity Card of the guarantor  (unexpired)
  • Employment letter stating the date of commencement, designation and salary details of the guarantor

Payment Option

  • Salary Deduction Only