Alfalah Car IjarahAlfalah Car Ijarah

Alfalah Car Ijarah

Alfalah Car Ijarah lets you get the car of your choice. With simple, convenient and flexible solutions that are Shari’ah compliant.


Features & Benefits

  • Choose from new, used and imported cars
  • Flexible tenure from 3 to 5 years
  • Security deposit as low as 20%
  • No upfront Insurance/Takaful charges
  • No upfront registration charges
  • No rentals before delivery of the vehicle
  • Competitive pricing
  • Minimal documentation and application fee
  • No hidden costs
  • Quick Processing time

CALCULATE YOUR CAR IJARAH

Eligibility Criteria

  • Pakistani
  • For Salaried Individual minimum income Rs. 25,000/-month
  • For Self Employed Businessman/Professional minimum income Rs. 50,000/-month
  • Age limit: For Salaried minimum 21 years and maximum 60 years. (at the time of maturity)
  • Age limit: For Self Employed Businessman/Professional minimum 21 years and maximum 65 years. (at the time of maturity)
  • Years in Employment / Years in Business – Currently employed as permanent employee with total employment experience of 1 year and 2 years for contractual employee. For Self Employed – Minimum 2 years in current business

Required Documents:

  • Complete application form with customer’s signatures
  • Copy of CNIC/NICOP/POC/Smart ID
  • Two latest photos
  • Copy of salary slip (salary individual)
  • 6 months bank statement
  • Income verification report from PBA, approved income evaluator in case bank statement is not available
  • Proof of business (in case of SEP/SEB)
Apply Now Or you can apply for Alfalah Car Ijarah at the branch.
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