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)
Financing Amount: Between PKR 60,000 to PKR 4 Million
Security: Charge on Asset (Car, Vehicle, Deposit or Investment certificates)
Financing Tenure: 12 to 48 months
| Nationality | All Pakistani Nationals |
|---|---|
| Experience | Salaried: Min 1 Year Self Employed – Professional: Min 1 Year Self Employed – Businessperson: Min 2 Years |
| Age | Minimum: 21 Years Maximum: 65 Years (at the time of loan maturity) |
| Minimum Income | Salaried: Min. gross monthly salary of Rs. 55,000/- Self Employed Professional: PKR. 70,000 Self Employed Businessmen: PKR. 80,000 |
| Credit History | Satisfactory credit history of existing bank borrow |
| Finances | Financial ability to afford and repay finance |