Dearo Auto Loans

Everybody's aim is to own their dream car one day. Dearo Investment Limited Hire Purchase makes your dream come true by providing fast, tailor-made solutions for any type of new, used or pre-owned vehicle of your choice, with the lowest interest rates to enhance your investment, along with assistance for insuring your vehicle.

We provide Hire Purchase facility for:

  • Passenger vehicles (Cars, Vans, SUVs, Motorbikes etc.)
  • Commercial vehicles (Buses, Lorries, Trucks, Trailers etc.)
  • Machinery and construction equipment
  • Agricultural equipment
Additional benefits that we offer include:
  • Ability to process with or without personal guarantors or down payments.
  • Registered or unregistered vehicles categories considered.
  • Finance facilities up to the applicable limits of the value of the vehicle.
  • Payment options of reducing balance or on equated installment basis.
  • In-house insurance packages and special rates on insurance.
Documents required

Basic Documents

  • Proof of Identity (Copy of National Identity Card OR Driving License OR Pass Port)
  • Billing proof
  • Business Registration
  • Bank statements at least for last 3 months
  • Additional income proof documents- Payment Bills, Invoices (if available)
  • Photo graphs for the Customer selfie and vehicle and premises.
  • System Ledger Report for existing Facilities

Sole Proprietorships and Partnerships

  • Copy of business registration
  • Last three years audited accounts or managements accounts (if any)

Limited Liability companies

  • Proof of Identities of all Directors
  • Board resolution
  • Certificate of Incorporation
  • Articles of association
  • Form 1 (Directors info)
  • Form 20 (If Directors Change)
  • Form 13 ( If Address Change)
  • Form 40 (Re-registration certificate)
  • Form 48 (If no Directors change)
  • Last 3 years Audited reports OR Management account