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Roshan Apni Car Banners

Overview

Bank Alfalah Roshan Apni Car: Drive Your Dream Car Home!

Exclusively for Bank Alfalah Roshan Digital Account Holders, our "Roshan Apni Car" facility makes owning a brand-new, locally manufactured vehicle in Pakistan a seamless reality.

Roshan Digital Account holders can now finance a brand-new, locally manufactured car in Pakistan with flexible payment options and fully digital processing. This plan allows NRPs to own a vehicle without the hassle of managing local procedures themselves.

  • Finance amounts ranging from PKR 200,000 to PKR 7,500,000.
  • Low down payments (15%-20%) or 0% equity for lien-based financing.
  • Convenient tenures from 2 to 7 years.
  • Optional insurance cover including health, travel, and accidental death.
  • Fully digital application and approval process.
Attractive markup rates:
  • Standard Segment: 1-Year KIBOR* + 1.00%
  • Lien-Based Segment: SBP Floor Rate** + 1.00%
    • KIBOR: 1-Year KIBOR Rate (Offer Side) on the 1st of the month applies.
    • SBP Floor Rate: Rate announced by State Bank of Pakistan, prevailing at disbursement.

Features & Offerings

Wide Financing Range

Finance cars worth PKR 200,000 – 7,500,000.

Flexible Tenure Options

Enjoy flexible tenures from 2 to 7 years for all vehicles.

Low Equity Requirement

    Min 15% for financing up to PKR 6M and 20% for financing above PKR 6M.

    0% Equity for Lien-Based Financing!

Multiple Financing Choices

Standard and lien-based financing available.

Comprehensive Insurance

Optional coverage including health, travel, and accidental death.

Seamless Digital Process

End-to-end online application and approval.

Eligibility

Are You Eligible?
  • You must be a Bank Alfalah Roshan Digital Account Holder.
  • A local nominee in Pakistan is mandatory.
Lien-Based Financing Option:
  • 100% lien shall be marked equivalent to finance amount on Roshan Digital Account or Naya Pakistan Certificate till the maturity of loan.
  • Minimum balance in Roshan Digital Account or investment in Naya Pakistan Certificate should be equivalent to finance amount.
Income Eligibility:

Salaried Individuals:

  • Age: 21 to 65 years (at loan maturity).
  • Income: USD 3,000/- per month or equivalent.
  • Employment: Currently employed with at least 6 months of total experience.

Self-Employed Businessmen / Professionals:

  • Age: 21 to 70 years (at loan maturity).
  • Income: USD 4,000/- per month or equivalent.
  • Business Tenure: Minimum 1 year in current business.
Ready to Apply? Here's What You Need:
  • Complete our online Application Form.
  • Copy of your CNIC/NICOP/POC/Smart ID.
  • Latest Photograph.
  • Copy of your Nominee's CNIC.
  • Additional documentation may be required based on your segment.

Documents

Lien Based Segment:
  • Only Basic Documentation
Salaried Individuals:
  • Salary Slip / Salary Certificate
  • Bureau Report of Country of Residence
Self Employed Individuals / Professionals:
  • Tax Returns
  • Commercial Registration Certificate (where applicable)
  • 06 months Bank Statement or Income Verification Report
  • Account Maintenance Certificate
  • Bureau Report of Country of Residence
Remittance Based:
  • Remitter Job / Income Proof
  • Remitter Passport Copy
  • 6 months remittance slips / 6 months Bank Statement of Remittee

Important Documents

How to Apply

You can access the Roshan Car facility through the mobile application or website after opening your Roshan Digital Account. Simply follow a few easy steps to acquire your dream car for your loved ones in Pakistan.

  • Step 1 – Authentication: Start by verifying your identity securely.
  • Step 2 – Personal Details: Enter your personal information including contact details.
  • Step 3 – Business and Employment Details: Provide your employment or business background.
  • Step 4 – Income Details: Submit your income-related information.
  • Step 5 – Nominee / Co-Borrower Details: Add information about any nominee or co-borrower.
  • Step 6 – Vehicle Details: Select and provide details of the vehicle you want to finance.
  • Step 7 – Undertaking I: Review and agree to the first undertaking.
  • Step 8 – Undertaking II: Review and agree to the second undertaking.
  • Step 9 – Terms & Conditions: Carefully read and accept the terms and conditions.
Apply Now

Roshan Apni Car Calculator

*Terms & Conditions apply

Insurance Rates for Bank Alfalah Roshan Apni Car:

Company Name Standard Rate Rates with Value Added Services*
Insurance Rate without Tracking Device Insurance Rate With Tracking Device Insurance Rate without Tracking Device* Insurance Rate With Tracking Device*
AlFalah Insurance Company Limited 1.40% 1.99% 2.00% 2.50%
Adamjee Insurance 1.50% 1.99% 2.90% 3.50%
EFU General Insurance Ltd. 1.40% 1.99% 1.40% 1.99%
UBL Insurers. 1.40% 1.89% 2.90% 3.50%
Jubilee General Insurance. 2.25% 2.50% 2.25% 2.50%
Values added Services*
AlFalah Insurance Company Limited
  • Accidental death cover upto Sum Insured of the Vehicle or of PKR 2.5 million whichever is less.
Adamjee Insurance
  • Accidental death cover upto Sum Insured of the Vehicle or of PKR 2.5 million whichever is less.
  • Health Insurance plan of 20% of Vehicle’s Sum Insured or PKR 500,000 whichever is less. (Applicable for Age limit not more than 60 years)
  • Online Unlimited Medical Consultancy.
  • Travel Insurance Plan upto USD 50,000 (Only applicable for Vehicle with sum insured above PKR. 2 Million).
EFU General Insurance Ltd.
  • Accidental death covers of PKR 2.5 million.
UBL Insurers.
  • Accidental death covers of PKR 2.5 million.
Jubilee General Insurance.
  • Payment of full outstanding auto finance in case of RDA holder’s death.
  • Free Medical Cover upto 1m, in case of Hospitalization of RDA holder for 30 days.
* Value added services shall be only applicable for the ‘Value Added Rates.’
* Value added Services shall only be applicable for Local Beneficiary / Co-Borrower.
*Terms and conditions apply.

Disclaimer:

  • Monthly instalment is tentative and subject to change as per the final approval.
  • The insurance premium for the first year of the finance facility, shall be payable up-front. The premium for the subsequent periods shall be included in the monthly installments.
  • Applicable Taxes, Vehicle Registration & Freight Charges will be payable along with the Down Payment.
  • For Standard Product KIBOR rate (One Year) on the first day of the month will be applicable and will be revised on loan anniversary.
  • For Lien Based Product SBP Floor rate shall be applicable as per SBP’s Monetary Policy at the time of Loan Booking and will be revised on loan anniversary.
  • Cases will be processed subject to satisfaction of Debt Burden Ratio (DBR) (as per Prudential Regulation’s- State Bank of Pakistan), Bank’s internal credit policy and due diligence checks.
  • Processing Fee and all other charges will be applicable as per Banks Schedule of Charges
  • Vehicle prices are tentative exclusive of applicable taxes and subject to change by Manufacturers.