Bank Alfalah Islamic Auto Finance
Bank Alfalah Islamic Auto Finance lets you get the car of your choice. With simple, convenient and flexible solutions that are Shari’ah compliant.
- 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.
Fuel Your Drive Toyota
What's included?
- All Toyota Variant
- Preferred delivery
- Takaful rate 2.85% without tracker
- Security Deposit as low as 15%
*Terms & Conditions Apply