Alfalah Islamic Auto Finance

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

Features & Benefits

  • Choose locally manufactured/ assembled New or Used cars.
  • Flexible tenure 1 to 5 years for vehicles up to 1000 CC (Upto 3 years for vehicles above 1000 CC).
  • Security deposit is 30%
  • No upfront Takaful charges.
  • No upfront registration charges.
  • No rentals before delivery of the vehicle.
  • With-holding tax (WHT) shall be borne by the bank.
  • Competitive pricing.
  • Quick Processing time.
  • Residual Value (RV) option to lower your monthly rentals.


Eligibility Criteria

  • Pakistani.
  • Minimum income requirement of Rs. 25,000/- per month (Salaried) and Rs. 50,000/- (Self-employed businessmen or professionals).
  • Age limit-For salaried individuals: Minimum 21 years and maximum 60 years (govt. employees) and 65 years (private sector) at the time of maturity and
    Age limit-For self-employed businessman/professional: Minimum 21 years and maximum 70 years at the time of maturity.
  • Years in employment:
    Permanent employee: Currently employed with total employment experience of 3 months.
    Contractual employee: Currently employed with total employment experience of 6 months.
    Businessman / self-employed professional: Minimum 1 year in current business.
Apply NowOr you can apply for Alfalah Islamic Auto Finance at the branch.
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