Compare and Get Best Car Loan Deals in Pakistan

FEATURES

- Variable rate interest product

- Apply for a loan amount starting from Rs. 250k to Rs.3 Million, (1.5 Million for imported) payable in 12 months to 60 months instalments

 - Financing available up to 80% of new car value and 60% for imported and used cars

- Option available to purchase old, new or imported car of your choice

BENEFITS

- Free accident insurance up to Rs. 500k 

- Only 20% down payment required to get your dream car

- Save your time and money by pre & partial payment facility

- Equal monthly instalments with competitive low interest rate

TO APPLY

Salaried Person: 
- Minimum Salary Requirement: 25,000
- Age Limit: 21 - 65 years 
- Documents required: CNIC, Salary slips, Bank statement, Employment letter

FEATURES

- Fixed rate interest product

- Apply for a loan amount starting from Rs. 250k to Rs.3 Million, (1.5 Million for imported) payable in 12 months to 60 months instalments

 - Financing available up to 80% of new car value and 60% for imported and used cars

- Option available to purchase old, new or imported car of your choice

BENEFITS

- Free accident insurance up to Rs. 500k 

- Only 20% down payment required to get your dream car

- Save your time and money by pre & partial payment facility

- Equal monthly instalments with the competitive low interest rate

TO APPLY

Salaried Person: 
- Minimum Salary Requirement: 25,000
- Age Limit: 22 - 60 years 
- Documents required: CNIC, Salary slips, Bank statement, Employment letter

FEATURES

- Islamic rate based product

- Apply for a loan payable in 12 months to 60 months instalments

- Financing available up to 85% for your desired car

- Option available to purchase old, new or imported car of your choice

- Different car booking options available

BENEFITS

- Providing best Islamic insurance according to your need with tracking facility 

- Only 15% down payment required to get your dream car

- Save your time and money by pre & partial payment facility

- Complete Islamic and riba free mode of finance  

- Finance up to 9-year old vehicle

TO APPLY

Salaried Person: 
- Minimum Salary Requirement: Rs. 30,000
- Age Limit: 21 - 65 years 
- Documents required: CNIC, Salary slips, 6 months bank statement

FEATURES

- Variable rate interest product

- Apply for a loan amount up to Rs. 6 Million Payable in 12 months to 84 months instalments

- Financing available up to 80% for your desired car   

- Financing available for new locally manufactured cars only from selected vendors

BENEFITS

- Markup rate will reduce for paying more than 35% down payments 

- Only 20% down payment required to get your dream car

- Simple and quick documentation process with minimum turn around time

- No processing fee will be payable before loan approval 

- Offering highly competitive markup rate

TO APPLY

Salaried Person: 
- Minimum Salary Requirement: Rs. 40,000
- Age Limit: 21 - 59 years 
- Documents required: CNIC, Salary slips, 6 months bank statement, 3 years of employment with current employer, Allied Bank account holder, Working as permanent staff

Self-Employed / Businessmen: Not Offered 
 

FEATURES

- Islamic riba free fiancing

- Apply for a loan payable in 12 months to 84 months instalments

- Financing available up to 85% for cars of your choice

- Option available to purchase old, new or imported car of your choice

- On purchase of vehicle the bank will bear the W.H.T (Withholding Tax)

BENEFITS

- Providing comprehensive motor Takaful with Free tracking facility

- Only 30% down payment required to get your dream car

- The rental payment will start after the delivery of vehicle

- Before approval, no processing fee will be charged

- Upto Rs. 400,000 free accidental death coverage

TO APPLY

Salaried Person: 
- Minimum Salary Requirement: Rs. 40,000/month

- Documents required: CNIC, salary slips, 3 months bank statement

For permanent employees, 3 months in current job

For contractual staff, 6 months in current job

FEATURES

- Variable rate interest product

- Apply for a loan amount up to Rs. 6 Million (Rs. 4 Million for Used Cars) payable in 12 months to 84 months instalments

- Financing available up to 80% for your desired car

- Option available to purchase old, new or imported car of your choice

- Interest rate varies from KIBOR + 4% to KIBOR + 5% based on your loan tenure and personal circumstances

BENEFITS

- Special discounted rates with insurance policy for employees of selected companies 

- Only 20% down payment required to get your dream car

- No processing fees payable before loan approval

- Financing facility available for the second car

- Foreign remittance receivers are also eligible 

TO APPLY

Salaried Person: 
- Minimum Salary Requirement: Rs. 30,000
- Age Limit: 21 - 65 years 
- Documents required: CNIC, Salary slips, Bank statement, 6 months employment length

FEATURES

- Variable rate interest product

- Apply for a loan amount starting from Rs. 200k to Rs. 6 Million for New Cars (Rs. 4 Million for Used Cars) payable in 24 months to 84 months installments

- Financing available up to 80% for your desired car

- Option available to purchase old, new, or imported car of your choice

- Interest rate varies from KIBOR + 3.5% to KIBOR + 5% based on your loan tenure and personal circumstances

BENEFITS

- Option to postpone insurance and registration charges or pay in instalments 

- Only 20% down payment required to get your dream car

- Co-borrower facility is available 

- Providing facility to purchase semi-commercial vehicles 

- Offering residual value option to lower your instalment up to 50% of financing value

TO APPLY

Salaried Person: 
- Minimum Salary Requirement: Rs. 25,000
- Age Limit: 21 - 70 years 
- Documents required: CNIC, Salary slips, 6 months bank statement

FEATURES

- Islamic rate base product

- Apply for a loan amount starting from Rs. 200k to Rs. 6 Million payable in 12 months to 60 months installments

- Financing available up to 80% for your desired car

- Option available to purchase old, new, or imported car of your choice

BENEFITS

- Providing best Islamic insurance according to your need with option of tracking facility 

- Only 20% down payment required to get your dream car

- Complete Islamic and riba free mode of finance  

- Rental instalments start after delivery of the vehicle

- Competitive pricing, minimum documentation and no hidden charges

TO APPLY

Salaried Person: 
- Minimum salary Requirement: Rs. 50,000
- Age Limit: 21 - 65 years 
- Documents required: CNIC, salary slips, 6 months bank statement

FEATURES

- Fixed interest rate product

- Apply for a loan amount payable in 12 months to 84 months instalments (60 months for used car)

- Financing available up to 85% for your desired car

- Option available to purchase old, new or imported car of your choice

- No minimum balance required in repayment account

BENEFITS

- Providing best insurance according to your need with tracking facility 

- Only 15% down payment required to get your dream car

- Save your time and money by pre & partial payment facility

- Low processing fee and other benefits for existing customers 

- Offering special insurance rate of 2%

TO APPLY

Salaried Person:
Minimum Salary Requirement: Rs. 20,000
- Age Limit: 22 - 60 years 
- Documents required: CNIC, salary slips, 3 months bank statement

FEATURES

- Variable rate interest product

- Apply for a loan amount up to Rs. 4 Million for 1 car (5.0 Million for 2 cars) payable in 12 months to 84 months installments

- Financing available up to 80% for your desired car

- Option available to purchase old, new or imported car of your choice

- Interest rate varies from KIBOR + 4.25% to KIBOR + 4.75% based on your loan tenure and personal circumstances

BENEFITS

- Providing best insurance according to your need with option of tracking facility 

- Only 20% down payment required to get your dream car

- Free of cost 1st oil and filter change for all Honda Civic cars

- Fog lamps for Honda City and free fuel voucher for City aspire customers

- Utility package for Honda Civic customers

TO APPLY

Salaried Person: 
- Minimum Salary Requirement: Rs. 35,000
- Age Limit: 21 - 65 years 
- Documents required: CNIC, Salary slips, 6 months bank statement, Employment Letter

FEATURES

- Variable rate interest product

- Apply for a loan amount starting from Rs. 300k to Rs. 50 Million payable in 12 months to 60 months instalments

- Financing available up to 70% for new used & Imported car

- Option available to purchase old, new or imported car of your choice

BENEFITS

- Providing best insurance according to your need with tracking facility 

- Only 30% down payment required to get your dream car

- Co-borrower facility is available 

- No down payment or processing fee required before approval

TO APPLY

Salaried Person: 
- Minimum Salary Requirement: Rs. 30,000
- Age Limit: 21 - 60 years 
- Documents required: CNIC, Salary slips, 6 months bank statement, 1 year continuous employment

FEATURES

- Variable rate interest product 

- Apply for a loan amount starting from Rs.3 Million payable in 12 months to 60 months installments

 - Financing available up to 80% for brand new locally assembled car, 60% for used/imported reconditioned cars, 70% for brand new Suzuki Bolan/Ravi

- Interest rate varies from KIBOR + 4.5% to KIBOR + 6% based on your loan amount

- Processing fee varies up to Rs. 10,000 based on your loan amount

BENEFITS

- Providing best insurance according to your need with tracking facility 

- Only 20% down payment required to get your dream car

- Equal monthly instalments with competitive low interest rate

- Option available to purchase old, new or imported car of your choice

- Low income required for self-employed and salaried persons 

TO APPLY

Salaried Person: 
- Minimum Salary Requirement: Rs. 35,000
- Age Limit: 21 - 60 years
- Documents required: CNIC, Salary slips, 6 months bank statement

FEATURES

- Variable rate interest product 

- Apply for a loan amount payable in 12 months to 84 months instalments

- Financing available up to 80% for new, 70% for imported and used vehicle

- Option available to purchase old, new or imported car

- Interest rate varies from KIBOR + 3% to KIBOR + 4% based on your loan tenure and personal circumstances

- Processing fee varies upto Rs. 12,000 based on your loan amount

BENEFITS

- Providing best insurance according to your need with tracking facility 

- Best option for armed forces and salaried individuals  

- Only 20% down payment required to get your dream car

- Co-borrower facility is available 

- Save your time and money by pre & partial payment facility

TO APPLY

Salaried Person: 
- Minimum Salary Requirement: Rs. 25,000 - Rs. 40,000
- Age Limit: 21 - 65 years 
- Documents required: CNIC, Salary slips, 6 months bank statement

FEATURES

- Islamic rate base product

- Apply for a loan amount starting from Rs.500k to Rs. 10 Million  payable in 12 months to 84 months instalments

- Financing available up to 85% for your desired car

- Option available to purchase old, new or imported car of your choice

- Monthly instalments rent will be fixed for the whole tenure 

BENEFITS

- Providing best Islamic insurance according to your need with tracking facility 

- Only 30% down payment required to get your dream car

- Save your time and money by pre & partial payment facility

- Equal monthly instalments with competitive low rental payments

TO APPLY

Salaried Person: 
- Minimum Salary Requirement: Rs. 40,000
- Age Limit: 21 - 60 years 
- Documents required: CNIC, salary slips, 6 months bank statement, 1 Year Employment proof

FEATURES

- Islamic rate based product

- Apply for a loan amount starting from Rs. 100k to Rs. 5 Million payable in 12 months to 84 months instalments

- Financing available up to 85% for your desired car

- Option available to purchase old, new or imported car of your choice

- Ready delivery and advance booking options available 

BENEFITS

- Providing best insurance according to your need with tracking facility

- Only 30% down payment required to get your dream car

- Complete Islamic and riba-free mode of finance 

- Competitive and affordable monthly rents as per industry standards

TO APPLY

Salaried Person: 
- Minimum Salary Requirement: Rs. 25,000
- Age Limit: 21 - 60 years 
- Documents required: CNIC, Salary slips,  6 months bank statement

FEATURES

- Islamic rate base product

- Apply for a loan amount Upto Rs.15 Million payable in 12 months to 84 months instalments

- Financing available up to 85% for brand new car and 80 % for imported car

- Option available to purchase old, new or imported car of your choice

- Interest rate varies from Kibor + Upto 6 % based on your loan tenure and personal circumstances

BENEFITS

- Providing comprehensive motor Takaful with a tracking facility

- Only 30% down payment required to get your dream car

- Save your time and money by pre & a partial payment facility

- Before approval, no processing fee will be charged

- Equal monthly installments with a competitively low-interest rate

TO APPLY

Salaried Person:
- Minimum Salary Requirement: Rs. 40,000
- Age Limit: 21 - 65 years 
- Documents required: CNIC, Salary slips, Bank statement and 6 months in service

FEATURES

- Islamic rate based product

- Apply for a loan amount starting from Rs. 1 Million to Rs. 7.5 Million payable in 12 months to 84 months instalments

- Option available to purchase old, new or imported car of your choice

- Interest rate varies from 16% to 17% based on your loan tenure and personal circumstances

BENEFITS

- Offering you balance transfer facility

- Providing best takaful rates according to your need

- Only pay15% down payment and get your dream car

- Complete Islamic and riba free mode of finance 

- Get upto Rs. 2.5 Million free accidental coverage

TO APPLY

Salaried Person: 
- Minimum Salary Requirement: Rs. 100,000
- Age Limit: 21 - 60 years 
- Documents required: CNIC, salary slips, bank statement, Employment proof

FEATURES

- Islamic rate based product

- Apply for a loan amount starting from Rs. 1 Million to Rs. 7.5 Million payable in 12 months to 84 months instalments

- Option available to purchase old, new or imported car of your choice

- Interest rate varies from KIBOR + 3.5% to KIBOR + 4.5% based on your loan tenure and personal circumstances

BENEFITS

- Offering you balance transfer facility

- Providing best takaful rates according to your need

- Only pay15% down payment and get your dream car

- Complete Islamic and riba free mode of finance 

- Get upto Rs. 2.5 Million free accidental coverage

TO APPLY

Salaried Person: 
- Minimum Salary Requirement: Rs. 100,000
- Age Limit: 21 - 60 years 
- Documents required: CNIC, salary slips, bank statement, Employment proof