Step # 1: Select product from product list provided by Bank.
Step # 2:
Obtain Application Form and Declaration of Financing from your company’s HR/ Admin or Click to Download
Step # 3: Fill Application Form and provide below listed documents to your company’s HR/Admin or directly to BankIslami Employee Banking Department.
- Copy of CNIC
- Last Three months’ salary slip
- Employment Letter (confirming tenure, designation and salary)
- Last six months bank statement (required only if not maintaining account in BankIslami)
- Declaration of financing
Step # 4: Once case is approved and confirmed by the bank, you need to deposit processing charges, documentation charges and minimum down payment in your pool account communicated by bank’s representative (Note: Account opening in BankIslami is mandatory).
Step # 5: Accept and sign minimum documents like Offer Letter, Key Fact Sheet and Musawamah Agreement.
Step # 6: Get your desired product. For durable goods, vendor will deliver product at your doorstep. For Bike, Bank will advise you to get delivery from selected locations.