Installment Sale Contract Template for Pakistan

1. Security Interest: Required when additional security is taken over other assets of the purchaser

2. Guarantor Provisions: Include when a third party is guaranteeing the purchaser's payment obligations

3. Early Payment Provisions: Terms for early payment of installments and any applicable discounts

4. Shariah Compliance: Required when the transaction needs to comply with Islamic banking principles

5. Assignment: Include if either party needs the right to assign their rights under the contract

6. Force Majeure: Include for long-term installment contracts where external events might affect performance

7. Maintenance and Upkeep: Required for sale of equipment or machinery requiring maintenance during the payment period

1. Schedule 1 - Description of Goods: Detailed technical specifications and description of items being sold

2. Schedule 2 - Payment Schedule: Detailed breakdown of installment amounts and due dates

3. Schedule 3 - Delivery Schedule: Timeline and terms for delivery of goods (if delivered in phases)

4. Schedule 4 - Condition Report: Current condition of goods (especially for used items)

5. Schedule 5 - Warranty Terms: Detailed warranty terms and conditions

6. Appendix A - Required Insurance: Specific insurance requirements and coverage details

7. Appendix B - Form of Payment Security: Format of any required post-dated checks or payment securities