New 90% vehicle leasing facility from today

car-640x400The 90% leasing facility for motor vehicles will come into effect from today (29), the Finance Ministry said in a release.

It added that the Central Bank is expected to release an official directive in this regard to all private and state banks, today.

The Central Bank on 15th September 2015 suspended the 100% leasing facility which was in force and a 70% leasing facility came into effect through a circular issued on the same day.

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