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 Askari
Leasing Limited, a subsidiary of Army Welfare
Trust (AWT), was incorporated in August 1993 and is listed on all Stock
Exchanges of the county. Askari Leasing Limited is authorized to accept funds by
issuing certificates of deposit under NBFC rules.
The funds generated through issuance of COIs are deployed in a well diversified
Lease portfolio on sound appraisal criteria and standards without sacrificing
risk. The ever growing portfolio of COIs is reflective of the confidence of COIs
holders reposed in the company management and its business potential. The
sponsors of Askari Leasing Limited are one of the leading groups of the country
and have remarkable contribution in the growth of the national economy by having
exposure in various sectors.
Askari Leasing Limited has achieved and is maintaining the status of one of the
largest and leading leasing companies of the country with extensive branch
network spread over all major cities as well as in remote areas of Pakistan.
Askari Leasing Limited has offered various investment schemes, designed to cater
the changing financial needs of the investors, including housewives, pensioners,
widows, individuals and corporate sector. The schemes offer investment period
ranging from 3 months to 5 years with option of profit payment on monthly,
quarterly, bi-annual, annual and maturity basis.
ANZA INVESTMENT SCHEMES
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Platinum |
Gold |
Special |
Special |
Pearl |
Fori Munafa |
Terms and
Conditions
Cheques, Bank Drafts, Pay-Orders should be crossed and made
payable to Askari Leasing
Limited. COIs will be issued after the
realization of proceeds.
COIs can be purchased by individuals (singly/jointly),
Private & Public Limited Companies,
Statutory & Corporate Bodies, Firms, Societies &
Trusts, etc. on completion of application form,
and other formalities.
The Certificates of Investment can be enchased at any time
before maturity subject to
following conditions:
a. Profit shall be paid for the investment
period completed in multiple of three months.
b. Profit will be recalculated as per rates
applicable for the period completed in multiple of
three months, and
adjustment of profits already paid at higher rate shall be
made against
encashment
proceeds.
c. Zakat & Tax, already deducted,
shall not be recalculated & refunded.
Zakat will be deducted from first payment of profit or
encashment of certificates (which ever
comes earlier) falling due after valuation date.
In case the certificate is destroyed, lost or stolen, the
issuing office should be notified in
writing immediately.
Profit will be calculated and declared under profit & loss
system and is subject to change
without notice.
Profit payable is liable to tax deduction at source under
the provisions of the Income Tax
Ordinance 2001.
The certificate/return/profit is not guaranteed by the
Government of Pakistan.
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