Financing facility available for Locally Manufactured Brand New Vehicles
- Minimum PKR 200,000/- and Maximum PKR 7,500,000/-
Security Deposit/Down Payment:
- Min 15% of Vehicle’s Value Up to Rs.6.0M Financing & Min 20% of Vehicle’s Value for Financing above Rs. 6.0M
- 0% SD against Lien Based Facility
- 1 – 7 Years for all vehicles
Privilege Pofit Rates (Variable Rate):
- Standard Segment: 1 Year KIBOR* + 1.00%
- Lien Based Segment: SBP Floor Rate**+ 1.00%
*1 Year KIBOR Rate (Offer Side) on the 1st of the month will be used.
**”SBP Floor Rate” announced by State Bank of Pakistan, prevailing rate at the time of disbursement
will be applicable.
Eligibility criteria for Roshan Apni Car
- Must be Bank Alfalah Roshan Digital Account Holder.
- Local Nominee in Pakistan is mandatory.
Lien Based Financing:
- 100% lien shall be marked equivalent to finance amount on Islamic Roshan Digital Account or Islamic Naya Pakistan Certificate till the maturity of Facility.
- Minimum balance in Islamic Roshan Digital Account or investment in Islamic Naya Pakistan Certificate should be equivalent to finance amount.
- Minimum Age 21 Years to 65 Years at time of Facility maturity
- U$D 3,000/- per month or equivalent
- Currently employed, with a total employment experience of 06 months
Self Employed Businessmen / Professional:
- Minimum Age 21 to 70 years at time of Facility maturity
- U$D 4,000/- per month or equivalent
- Minimum 1 Years in current Business
*Documentation as per Segment
|Lien Based Segment:||
|Self Employed Individuals / Professionals:||
*If not provided at the time of Account Opening.