Features
Loan To Value:
Up to 70% of the vehicle's market value. (Vehicles should not be older than 7 years)
Processing Fee & Charges - As per Bank’s updated SOC
Repayment Equal Monthly installments (EMI)
Security: Charge on Asset (Car)
Financing Tenure: 12 to 48 months
Financing Amount: Between PKR 150,000 to PKR 450,000
| Segments | Salaried | Self-Employed Professionals/ Businessmen |
|---|---|---|
| Nationality | All Pakistani Nationals | |
| Age |
Minimum: 21 Years Maximum: 60 Years (at the time of loan maturity) |
Minimum: 21 Years Maximum: 65 Years (at the time of loan maturity) |
| Minimum Income | PKR 70,000 |
Self-Employed Professionals: PKR 70,000 Self-Employed Businessmen: PKR 100,000 |
| Finances | Financial ability to afford and repay finance | |
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- Extensive experience in consumer and asset financing
- Transparent and professional loan processes
- Nationwide branch network for convenient access
- Secure and regulated financing solutions
Q: What are asset finance loans?
Asset finance loans are bank-backed loans that allow customers to borrow funds using owned assets as collateral. These loans offer a secure and structured way to access financing while retaining ownership of the pledged asset.
Q: How does a loan against a car work??
A loan against a car lets vehicle owners use their car as collateral to obtain funds. JS Bank evaluates the car, determines the loan amount, disburses funds, and returns the vehicle once repayment is completed.
Q:Who can apply for an asset-based loan?
Pakistani residents who own an eligible asset and possess a valid CNIC and proof of income can apply. Eligibility is confirmed through the bank’s assessment of the asset and borrower.
Q: Is my asset safe during the loan period?
Yes, all pledged assets in JS Bank asset finance loans are securely held by the bank. Ownership is maintained, and assets are returned once repayment obligations are met.
Q: Why choose asset loans from a bank?
Bank-backed asset loans offer transparency, professional management, and secure processes. Compared to informal lenders, they provide structured repayment, legal protection, and confidence for borrowers.