Bank Alfalah Limited |
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Benefits and Features
- Quickest processing.
- No hidden charges.
- Minimum down payment.
- Complete repayment at any point of time.
- Tenure period ranging from 1 to 5 years.
- Financing of all brand new locally assembled vehicles and used cars.
- Financing limit ranging between Rs. 200,000/- to Rs. 2000,000/- for brand new cars.
Corporate & Individual Car Leasing
BAL’s recently introduced car leasing facility for individuals and corporate sector has set new dimensions for the product. Now you are provided with the option of either to get the vehicle leased or financed.
Insurance
Renowned and reliable Insurance companies are offering the competitive rates of insurance. Pay year insurance premium in advance { at the time of down payment } and the remaining in the subsequent equal monthly installment.
Repayments
Easily affordable installments on monthly basis in the form of post-dated cheques will set you free of depositing your rental cheques every month.
Security
Hypothecation of vehicle in the name of Bank Alfalah Limited.
You Can Act As A Co-Borrower
Acting as a co-borrower will enable your family members {spouse, children- 18 year and above} to avail the financing facility and get the car registered in their names as well.
Eligibility:
Yes you can get a car loan form Bank Alfalah to purchase a brand new car if you are:
- Pakistani National Identity Card holder.
- Over 20 years of age (Maximum 60 years in case of salaried and 62 in case of a business person at the time of maturity of the loan).
- Salaried , businessman or self employed.
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