Car finance & leasing
Drive now, pay monthly. Car finance made simple.
Estimate your monthly instalment, compare bank and Islamic car finance from 6 partners, and apply once — we forward your request to the right bank.
Instalment calculator
Estimated monthly instalment
- Loan amount
- Total interest
- Total payable
Indicative only. Actual rates depend on KIBOR, bank policy and your profile. Islamic products use profit rates instead of interest.
Apply with these numbersPartner banks & leasing companies
Indicative rates — the bank confirms the final rate after evaluating your profile.
Meezan Bank Car Ijarah
- Rate
- 16.5–19.5%
- Tenure
- 12–84 mo
- Min. down
- 20%
Shariah-compliant car Ijarah for new and used cars (up to 9 years old). No processing charges on new cars, flexible Takaful, quick approval for salaried and business customers. Rates indicative — confirmed by the bank.
Apply via MeezanBank Alfalah Auto Loan
- Rate
- 17–20%
- Tenure
- 12–84 mo
- Min. down
- 20%
Financing for new, used and imported cars with fixed or variable mark-up, up to 7 years tenure and fast turnaround for existing account holders. Rates indicative.
Apply via BankHBL Car Loan
- Rate
- 17.5–20.5%
- Tenure
- 12–84 mo
- Min. down
- 20%
HBL CarLoan for locally assembled and imported cars, financing up to PKR 30 million, insurance bundled with the instalment. Rates indicative — subject to KIBOR.
Apply via HBLMCB Car4U
- Rate
- 17–20%
- Tenure
- 12–84 mo
- Min. down
- 20%
MCB Car4U auto finance with tenures from 1 to 7 years, minimum 20% down payment and financing for used cars up to 5 years old. Rates indicative.
Apply via MCBUBL Drive
- Rate
- 17.25–20.25%
- Tenure
- 12–84 mo
- Min. down
- 20%
UBL Drive car finance for new and used vehicles with competitive mark-up, optional balloon payment and an approval decision in days. Rates indicative.
Apply via UBLFaysal Bank Car Finance
- Rate
- 16.75–19.75%
- Tenure
- 12–72 mo
- Min. down
- 15%
Islamic car finance (Diminishing Musharakah) for new and used cars, low minimum down payment and Takaful coverage included in the monthly rental. Rates indicative.
Apply via FaysalAm I eligible?
Typical requirements — each bank has its own policy.
- Pakistani national, age 22–65 with valid CNIC
- Salaried: minimum PKR 50,000 monthly income and 6 months in current job
- Business: 1+ year in business with NTN / bank statements
- Down payment of 15% – 30% of the car price
- Clean credit history (e-CIB) — no defaults
- Used cars usually up to 8–10 years old at end of tenure
Documents you will need
How the process works
- 1Submit the request — we call to confirm car, price and preferred bank.
- 2Share documents on WhatsApp; we submit the application to the bank.
- 3Bank evaluates the car and your profile (5–7 working days).
- 4Approval, down payment, insurance and delivery of your car.
Financed cars need comprehensive insurance
Get quotes before the bank bundles one
Finance FAQs
Yes — several banks and leasing companies finance used cars up to a certain age (usually under 8–10 years) with a down payment of 20–30%. Use the calculator on the Car Finance page and submit a request to receive offers.
Typically CNIC, proof of income (salary slips or bank statements), proof of address and, for business owners, NTN and business documents. The partner bank will confirm the exact list.