Habib Bank Limited Car Loan Eligibility Criteria

Don’t just dream, get the car of your dreams. HBL offers a flexible and hassle-free financing facility that lets you own your dream car and provide financing up to 85% of the value of your desired car.

HBL Car Loan offers you the freedom to choose any vehicle according to your personal needs at a fixed markup rate.

Habib Bank Limited Car Loan Benefits

1. The range of financing limit is in between point two million (200,000) to ten million (10,000,000).
2. The repay time period will be within a 7 years
3. You have to select any type of car i.e. brand new, local or imported vehicles.
4. Receive the financing up to eighty five percent (85%) of the value of favorite car
5. Availability of tracker facility which secured insurance at all times for peace of heart and mind
6. Availability of multiple partial payment as per your convenience
7. HBL has over 1700 branches in Pakistan, you can easily apply for Car Loan as per your accessibility by visiting your nearest HBL branch or through other channels
8. Availability of twenty four hours (24/7) support through HBL Phone Banking

Habib Bank Limited Car Loan Eligibility Criteria

For Salaried Individuals (SI):

1. Applicants must be a resident of Pakistan.
2. The age limit of Applicant to be twenty two (22) years or more at the time of loan application and maximum sixty (60) years or retirement age whichever is at least.
3. At least twenty thousand 20,000 minimum monthly income.

Pensioner Individuals (PI):

1. Applicants must be a resident of Pakistan.
2. At the time of maturity the applicant maximum age to be seventy (70) years
3. Applicants must have a pension account which must be related to the HBL account.
4. At least twenty thousand 20,000 minimum monthly income.

Self Employed Business/ Self Employed Professional (SEB/SEP)

1. Applicants must be a resident of Pakistan.
2. The age limit of Applicant to be twenty two (22) years or more at the time of loan application and maximum sixty (60) years or retirement age whichever is at least.
3. At least twenty thousand 20,000 minimum monthly income.

Habib Bank Limited Car Loan Required Documents

For Salaried Individuals (SI):

1. Must provide original valid copy of CNIC along with verified copy.
2. Must provide two (2) recent passport size photographs
3. Must provide latest original slip of salary
4. Must provide a personal statement of the bank for the past three months.

Self Employed Business/ Self Employed Professional (SEB/SEP)

1. Must provide original valid copy of CNIC along with verified copy.
2. Must provide two (2) recent passport size photographs
3. Must provide a personal statement of the bank for the past six months.
4. Must provide documentation proof of occupation / business

Habib Bank Limited Car Loan Calculator

To check the interest/markup rate and monthly base installment, please click on calculator link: https://www.hbl.com/personal/loans/hbl-car-loan

Habib Bank Limited Car Loan Online Apply

For Online apply to Habib Bank Limited Car Loan Scheme 2021, please visit the below link: https://www.hbl.com/personal/loans/apply-for-car-loan

Habib Bank Limited Car Loan Scheme Contacts Information

You can reach our relevant helplines for any queries or help:

·         General Helpline: 111-111-425

·         Write to us at customer.complaints@hbl.com