Leasing Sepehr Saderat (VBSI) - لیزینگ بانک صادرات

What Leasing Sepehr Saderat (VBSI) - لیزینگ بانک صادرات does

Leasing Sepehr Saderat (VBSI) is a privately-held Iranian leasing company (private joint stock / سهامی خاص) founded in February-March 2011 as a wholly-owned subsidiary of Bank Saderat Iran, operating under the Sepehr Financial Group umbrella. The company provides installment-sale (فروش اقساطی) and lease-to-own (اجاره به شرط تملیک) financing for six asset categories: passenger vehicles (up to 20 billion IRR), heavy vehicles (up to 35 billion IRR), household and digital goods (up to 1.5 billion IRR), medical and office electronics (up to 100 billion IRR), commercial and office real estate (up to 100 billion IRR), and industrial machinery and raw materials (up to 100 billion IRR). It holds Central Bank of Iran operating license No. 395597, with stated paid-up capital of 123 billion Tomans (1,230 billion IRR) and a planned increase to 1,000 billion Tomans pending CBI approval. The company serves both individual and enterprise borrowers through a single Tehran headquarters combined with non-presence (remote) digital service channels.

The company runs a digital platform stack including an online loan application portal (register.vbsi.ir), a customer-facing loyalty portal (club.vbsi.ir), a comprehensive sales platform launched in 2024, and an AI-powered Document Center and Data Processing Center (مرکز اسناد و داده پردازی) launched in May 2024 — described as unique within Iran's banking network — that uses artificial intelligence for document identification, categorization, and knowledge measurement across organizational processes. VBSI's loan delivery is differentiated by collateral flexibility (property, vehicle, SIM card, gold), absence of salary-deduction requirements (quarterly check-based installments), and a stated service turnaround within one week. The company also carries an Enamad trust seal and a National Consumer Rights Compliance Certificate.

VBSI monetizes through interest/profit margins on financed amounts across its leasing portfolio, with operational revenue up 27% year-over-year and operational profit up 34% in the most recent fiscal year. Customer acquisition is driven by direct sales, Bank Saderat Iran's branch referral network (its principal distribution channel), industry exhibitions, and digital self-service channels. The company claims a non-performing loan ratio under 1%, financed 527 used-vehicle buyers in a single year, added 636 new customers disbursing over 4,000 billion IRR in the first half of the latest fiscal year, and is publicly positioning to move from its current top-10 ranking to the #1 position in Iran's leasing industry.

Name

Leasing Sepehr Saderat (VBSI) - لیزینگ بانک صادرات

Legal name

شرکت واسپاری سپهر صادرات (سهامی خاص)

Website

https://vbsi.ir

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

Leasing Sepehr Saderat (VBSI) is an Iranian leasing company and wholly-owned subsidiary of Bank Saderat Iran that provides installment-sale and lease-to-own financing for vehicles, equipment, machinery, and commercial real estate, serving both individual and enterprise borrowers nationwide.

Ownership category

akta.pro rank

Product category

Commercial Leasing Services

NAICS

Commercial and Industrial Machinery and Equipment Rental and Leasing (5324), Automotive Equipment Rental and Leasing (5321), Consumer Electronics and Appliances Rental (532210)

SIC

Finance Lessors (6172), Services-Equipment Rental & Leasing, Nec (7359), Services-Auto Rental & Leasing (No Drivers) (7510)

akta.pro primary industry

Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam) (FSABAGAH)

Keywords

• Installment sale financing
• Vehicle leasing services
• Equipment leasing
• Commercial real estate financing
• Lease-to-own contracts

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Installment Sale Financing (فروش اقساطی): The company purchases movable and immovable goods and transfers them to applicants in the form of installment sale contracts, generating revenue through interest/profit margins on financed amounts
2. Lease-to-Own (اجاره به شرط تملیک): Assets are leased to customers with an option to own upon completion of lease payments. Revenue generated from lease payments and margins

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Leasing Sepehr Saderat (VBSI) is a Central Bank of Iran-licensed leasing company that purchases movable and immovable goods and transfers them to applicants under installment sale and lease-to-own contracts. It finances passenger vehicles, heavy/commercial vehicles, household and digital goods, medical and office equipment, commercial/office real estate, and industrial machinery and raw materials across Iran. The company complements its financing with digital channels including an online loan request portal, a customer loyalty club, and remote (non-presence) services.

Product overview

VBSI operates as a diversified leasing company (واسپاری) affiliated with Bank Saderat Iran, offering a portfolio of leasing and installment-sale financing products. Its core leasing offerings span five asset categories: passenger vehicle leasing (new/used), heavy/commercial vehicle leasing (new/used), equipment and machinery leasing (medical, office, industrial), commercial and office real estate leasing, and household/digital goods financing. In addition, the company provides financing for industrial machinery and raw materials. These products are delivered through two main contract formats: installment sale (فروش اقساطی) and lease-to-own (اجاره به شرط تملیک), with financing limits ranging from 1.5 billion Rials (household goods) to 100 billion Rials (real estate and industrial equipment). The company complements its core leasing services with digital platforms including an online loan application portal, a customer club, non-presence (remote) services, and a comprehensive sales platform. A notable innovation is its AI-powered document center and data processing center, which uses AI to identify and categorize knowledge across the organization's processes.

Differentiator

Problem solved

Functional benefit

Products and services

• Passenger Vehicle Leasing Installment sale and lease-to-own financing for the purchase of new and used passenger vehicles, with a maximum facility limit of 20 billion Rials. Available to individual consumers seeking vehicle financing without salary deduction certificate requirements.
• Heavy Vehicle Leasing Installment sale and lease-to-own financing for the purchase of new and used heavy/commercial vehicles, with a maximum facility limit of 35 billion Rials. Targeted at commercial transport operators and logistics businesses.
• Equipment & Machinery Leasing Financing for the purchase of medical, office, and industrial equipment and machinery under installment sale and lease-to-own contracts, with a maximum facility limit of 100 billion Rials. Targeted at healthcare providers, offices, and industrial enterprises.
• Commercial & Office Real Estate Leasing Financing for the purchase of commercial and office properties (non-residential) located primarily in Tehran, with a minimum 50% down payment, a maximum contract term of 36 months, and a maximum facility limit of 100 billion Rials. Subject to Central Bank of Iran restrictions; residential real estate is not financed.
• Household & Digital Goods Financing Installment sale financing for the purchase of household appliances, electronics, and digital goods, with a maximum facility limit of 1.5 billion Rials. Targeted at individual consumers.
• Industrial Machinery & Raw Materials Financing Installment sale and lease-to-own financing for the purchase of industrial machinery, equipment, and raw materials, with a maximum facility limit of 100 billion Rials. Targeted at factories, manufacturers, and industrial enterprises.
• Online Loan Application Portal Digital portal allowing customers to submit financing/loan requests online and check application status without visiting a physical office. Accessible via register.vbsi.ir.
• Customer Club Platform Customer loyalty and engagement platform offering exclusive services and promotions to existing VBSI customers. Accessible via club.vbsi.ir.
• Non-Presence (Remote) Services Remote financial services including loan settlement, early settlement, and insurance letter requests, accessible to customers without visiting the branch.
• AI Document Center & Data Processing AI-powered document and data processing center that uses artificial intelligence to identify, categorize, and process documents across financial processes for the Bank Saderat network.

Quantifiable outcome

• 34% increase in operational profit year-over-year
• +4 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered minor.

• Bank Saderat Iran Brokerage (کارگزاری بانک صادرات)minorStrategic or Co-development Partner · 1 January 1404MoU signed for cooperation between VBSI and Bank Saderat Iran Brokerage, renewed for the second time, to expand services within the bank's financial group ecosystem. The agreement aims to increase customer referrals and cross-selling between entities.
• Card Iran (Karte Iran) - Holding SadminorStrategic or Co-development Partner · 1 January 1404MoU signed with Card Iran (part of Holding Sad) to strengthen cooperation and expand services within the bank's financial group ecosystem.
• MAPNA Locomotive and Engineering (لوکوموتیو مپنا)minorStrategic or Co-development Partner · 1 January 1404VBSI management visited MAPNA Locomotive facilities to explore bilateral cooperation opportunities in the rail sector. The visit was part of VBSI's strategy to diversify into transportation financing.
• Maku Free Trade Zone companiesminorStrategic or Co-development Partner · 1 January 1403VBSI has provided financing to companies operating in the Maku Free Trade Zone, including auto parts manufacturers, demonstrating its reach beyond major cities.
• Iranian Leasing Association (انجمن ملی لیزینگ ایران)minorOthers · 1 January 1401The Secretary-General of the Iranian National Leasing Association met with VBSI management to discuss industry cooperation and professional collaboration. VBSI participates in association activities and industry advocacy.

Scale indicators9 records

Broad incumbents

• Eghtesad Novin Bank: Iranian private bank with leasing operations covering consumer and SME financing. Comparable as a bank-affiliated lessor competing for the same vehicle and equipment financing deals under the same Central Bank of Iran licensing regime.
• Bank Saderat Iran: State-affiliated Iranian commercial bank and parent of VBSI, with nationwide branch network. Comparable because it operates the referral channel feeding VBSI's customer pipeline and is part of the same Sepehr Financial Group ecosystem; not a direct leasing competitor but a vertically aligned incumbent.
• Bank Mellat: Major Iranian commercial bank operating a leasing arm active in consumer and corporate financing. Comparable as a top-tier bank-affiliated leasing competitor with national distribution, similar product set, and overlapping customer base in vehicle and equipment financing.
• Pasargad Bank: Iranian private bank with leasing operations covering consumer vehicles, equipment, and real estate. Comparable as a bank-affiliated lessor with similar installment-sale and lease-to-own products serving both retail and SME customers in Iran.
• Saman Bank: Iranian private bank with a dedicated leasing subsidiary (Saman Financial Group) active in vehicle, equipment, and real estate financing. Comparable as a bank-affiliated leasing competitor with overlapping product offerings and similar target customer segments.
• Bank Melli Iran: Iran's largest state-owned bank, with leasing subsidiaries active in vehicle, equipment, and industrial financing. Comparable as a bank-affiliated lessor operating under the same Central Bank of Iran regulatory framework and competing for the same corporate and retail leasing deals as VBSI.

Others

• Iranian National Leasing Association: Industry association representing Iranian leasing companies, with which VBSI maintains a documented partnership. Comparable not as a competitor but as the primary ecosystem body shaping Iranian leasing industry standards, advocacy, and policy engagement.

Market position

Strengths5 records

Weaknesses5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/leasing-bank-saderat

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Leasing Sepehr Saderat (VBSI) - لیزینگ بانک صادرات