Financing facility available for Locally Manufactured Brand New Vehicles

Loan Size:

• Minimum PKR 200,000/- and Maximum PKR 7,500,000/-

Down Payment / Equity Requirement:

• 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% Equity against Lien Based Financing

Financing Tenor:

• 2 – 7 Years for all vehicles

Privilege Markup 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 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.

Salaried:

• Minimum Age 21 Years to 65 Years at time of loan 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 loan maturity
• U$D 4,000/- per month or equivalent
• Minimum 1 Years in current Business

Basic Documentation:

• Customer is required to fill an online Application Form
• Copy of CNIC/NICOP/POC/Smart ID Latest Photograph
• Copy of Nominee CNIC

*Documentation as per Segment

*If not provided at the time of Account Opening.

Terms & conditions apply