+960 331 5605

[email protected]

H. Filigasdhoshuge, 4th Fl, Ameer Ahmed Magu

Salhi Lease

Salhi Lease is for employees of registered organizations, to lease Consumer Durables and construction materials worth MVR200, 000 up to a term of 24 months. Eligible individuals can obtain leases by submitting quotation(s) (from any registered suppliers for the schemes) along with other required documents. Lease rentals are structured on an agreed monthly installment which will be deducted from the monthly salary by the employer.

Main Features:

  • Funding amounts from MVR 60,000 to 200,000 (Upper limit is subject to change at the discretion of the Company)
  • Eligible individuals must be between 23 to 60 years
  • Individuals must complete over five (5) years in Current Employment (Institute must be registered with MFLC under Consumer Finance and should be supervisory level & above)
  • Repayment period from 6 months to 24 months for Consumer Durable & Construction Materials

Documents Required:

  • Completely filled application form
  • ID Card Copy
  • Original Employment letter stating the date of commencement, designation and salary details.
  • Past 06 months’ salary slip (with company stamp)
  • Quotation(s) from supplier(s) registered under Consumer Finance scheme

Guarantor Required Document

  •   Original Employment Letter
  •   Last 06 Months Salary Slip (With company stamp)
  •   ID Card Copy

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