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WOW - Application Form

The document is an application form for lease finance under the Women on Wheels (WOW) Scheme 2018, specifically for a Honda Dream CD-70 motorcycle. It outlines the eligibility criteria, required documents, and terms of the lease, including a processing fee, lease amount, and monthly installments. The applicant must be a female aged 18-40, possess a valid CNIC and driving license, and meet specific income and residency requirements.

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iman ashfaq
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0% found this document useful (0 votes)
28 views4 pages

WOW - Application Form

The document is an application form for lease finance under the Women on Wheels (WOW) Scheme 2018, specifically for a Honda Dream CD-70 motorcycle. It outlines the eligibility criteria, required documents, and terms of the lease, including a processing fee, lease amount, and monthly installments. The applicant must be a female aged 18-40, possess a valid CNIC and driving license, and meet specific income and residency requirements.

Uploaded by

iman ashfaq
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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APPLICATION FORM FOR LEASE FINANCE UNDER

WOMEN ON WHEELS (WOW) SCHEME 2018


This form is available free of cost
APPLICATION FOR HONDA DREAM CD-70 Motorcycle
Processing Fee (non-refundable) ( ) Rs. 3,000 Photo
(to be paid at the time of depositing of application)
Lease Amount Rs. 22,275
Tenure 12 Months
Monthly Installment Rs. 1,856/-

PERSONAL INFORMATION
Mrs. / Miss: First Name Last Name
Father’s/Husband’s Name:

CNIC No. Expiry Date

Date of Birth Day Month Year Age


Educational Qualification:

Driving License No. Date of Issue: Place of Issue:

Expiry Date:
Present Residential Address:
City: Tel: Mobile No.

Living at Present Address: Years:


Permanent Address:

Tel: Mobile No. E-mail:

Marital Status: Single: Married: Others:

ELIGIBILITY DETAILS STUDENT EMPLOYED SELF EMPLOYED


Student Details:
Name of Educational Institution:

Course Enrolled in: Enrolled Since:


Name of Parent/Guardian:

CNIC No. Business: Employed:

Others:
Following information is of Applicant: Parent/Guardian:

EMPLOYMENT DETAILS:
Name of Employer: Date of Joining:

Designation/Department: Employer Phone:

Employer Address:

BUSINESS DETAILS:

Business Name: Business Nature:


Address:

Phone No. Mobile No.

BANK INFORMATION:

Are you maintaining any Bank A/C? Yes No. If yes, Your Account No. Branch:

Bank Name:
APPLICATION FORM FOR LEASE FINANCE UNDER
WOMEN ON WHEELS SCHEME 2018

Other Verifiable Income, if any

Institution

Details of Unsecured Loans Availed:

Details of Secured Loans Availed:

CERTIFICATION BY PARENT / GUARDIAN

Mr/Mrs/Miss_______________________________ S/O, D/O/ W/O________________________________ CNIC__________________


parent / guardian of the applicant, do hereby certify that applicant has applied for lease finance under Women on Wheels scheme with his/her
express consent.

_______________________
Signature
GUARANTOR’S DETAILS
Name: _______________________________________________________________ Relationship with applicant

C.N.I.C No.

Father’s Name Tel Res: Mobile


Residential Address
Designation/Profession
Business/off Address
Tel Off: E-mail:

I hereby verify and confirm that above stated particulars of the applicant are correct and true. Further I guarantee BOP the payment of all sums
due and payable by the Lessee under this Scheme within two days of demand by the Bank, without questioning the amount intimated by the
bank and referring to Lessee.

Signature Guarantor:
APPLICATION FORM FOR LEASE FINANCE UNDER
WOMEN ON WHEELS SCHEME 2018
UNDERTAKING
I hereby confirm & undertake;
1. The details furnished in this application form are correct, complete & accurate I have not withheld any information pertaining to the same.
1
2. I have divulged details of all facilities already obtained from BOP or other financial institution in the relevant section.
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3. There is no criminal proceedings that have been instituted against me or within my knowledge or / pending to be instituted against me.
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4. I shall accept and abide by all general terms and conditions of financing enforced from time to time either by Bank or by SBP.
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5. I hereby agree and confirm that BOP shall have the exclusive rights to cancel / terminate the lease. Without assigning any reason and
take the motorcycle into its possession.
5

6. BOP shall have the right to reject my application at its sole discretion without assigning any reason whatsoever and that will not incur any
liability in my favour.
6

7. I undertake to inform BOP in writing in case of a change in any details stipulated in this application within 7 days upon occurance of such
change.
7
8. I hereby agree to indemnify BOP against all claims and liabilities that may arise as a result of my action in pursuant to the scheme.
8
9. I hereby authorize BOP to exchange Information with thrid party wanted to process my application.
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Note: English version of application would pervail in case of any difference.

Signature Applicant:______________________

MAIN FEATURES & TERMS


1. The applicant is a female.

2. Applicant must be 18 to 40 years old.

3. Only one application per person will be accepted.

4. Lease facility for only one motorcycle per family (applicant and her parent and children) shall be allowed.

5. Applicant must possess a valid Computerized National Identity Card

6. Applicant must possess a valid motorcycle driving license before delivery of the motorcycle.
(Driving License)
7. Applicant must be resident in Punjab and employed / studying in the following five cities: Lahore, Faisalabad, Sargodha, Rawalpindi and
Multan

8. Maximum income of the Applicant /guardian / household, should not be more than Pak Rupees thirty thousand (PKR 30,000) per month

9. Applicant must have a secondary school certificate / matriculation

10. Applicant must not be a defaulter of any bank / financial institution.

11. Applicant must not have any criminal record.

12. Applicant can not be a guarantor of another applicant.

13. Applicant must submit Express consent of Parent / Guardian

14. Applicant must provide one personal guarantee (Guarantor can be a parent or guardian).
APPLICATION FORM FOR LEASE FINANCE UNDER
WOMEN ON WHEELS SCHEME 2018
15. The motorcycle shall not be transferred in the name of successful applicant till full payment of leased facility.

16. The facility is subject to compliance of all SBP Prudential Regulations.

17. The application may be rejected / cancelled or facility may be called back at the sole discretion of BOP if stated information is found
incorrect, false or forged.

18. Expenditures related to charge docuentation or any other matter related to lease facility shall be borne by the applicant.

19. Allowing the facility shall be subject to availability of allocated quota, compliance of Prudential Regulations, verification of credential and
veracity of documents.

20. Selection if required will be done through computerized balloting according to allocated qouta.

21. Successful candidates will have to undergo a mandatory training at the driving school identified by transport department of Government
of Punjab.

22. Incomplete & false information shall render the applicant disqualified and no legal right will accrue in favour of the applicant.

23. Rules & procedures of the bank shall remain applicable at all the times.

DOCUMENTS REQUIRED
Prescribed Application Form duly filled & signed by applicant & guarantors

Attested copy of valid CNIC of applicant


Attested copy of valid Driving License / Learner’s Driving License
One recent photograph duly attested
CNIC of Guarantor
Income detail (Salary Certificate) / Bank Statement

FOR BANK USE ONLY


Application reviewed & found in order
All attachments / required documents are in order
Respective charges recieved & credited to nominated account
The Applicant fulfills the basic criteria for balloting
Criteria Requirement Qualfied (Yes / No)
Age: Between 18 to 40
Education: Minimum Matric / Equivalent
CNIC Valid
Driving License Must be valid
Application Completely filled & Signed

________________________
Bank's Official (Sign & Stamp)
Head Office

Application Approved Declined

Down payment, if application is successful.


Lease Key Money Rs. 20,250/-
Insurance Rs. 3,375/-
Estimated Registration Charges Rs. 3,375/-

Total Rs. 27,000/-

REASON IF DECLINED

Authorized Signatory Authorized Signatory Authorized Signatory

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