How to get car loan from Habib Bank Limited ( HBL Car Loan )

Have you been dreaming about getting that car that you’ve always wanted but never managed to get it, well don’t just dream, get your dream car.​HBL presents an accommodating and worry-free supporting service that allows you to own your dream car and provides funding up to 85% of the price of your preferred car.

We present you the liberty to choose any vehicle on a stationary mark-up rate service to suit your needs.

Features

  • Funding threshold between PKR 200,000 – PKR 10,000,000.
  • Reimburse within 7 years
  • Select any form of vehicle, new, used, local, or imported.
  • Acquire funding for the preferred car at up to 85% of the cost
  • Guaranteed insurance at all times for tranquility of mind
  • Several Partial payment services as per your ease
  • Our system of over 150 qualified suppliers means you have lots of labels and cars to select from
  • With over 1700 branches, you can ask for a car loan at your ease by visiting your closest branch or via different routes
  • 24/7 assistance offered through HBL Phone Banking
  • ​ Committed after-sales assistance.​

CRITERIA

WAGED INDIVIDUALS:

  • The candidate must be a Pakistani citizen.
  • The candidate should age 22 years or greater when requesting a loan with a maximum age of 60 or retired.
  • The bare Minimum monthly revenue to be PKR Rs. 20,000.

PENSIONER INDIVIDUALS:

  • The candidate should be a Pakistani citizen
  • The Candidate must be at the age of 70 at the time of maturity
  • The Candidate must have a pension account affiliation with HBL
  • Bare Minimum monthly income to be PKR Rs. 200,000

SELF-EMPLOYED BUSINESS PERSONS/PROFESSIONALS:

  • The candidate must be a Pakistani citizen.
  • The candidate should age 22 years or greater when requesting a loan with a maximum age of 70 or retired.
  • Bare Minimum monthly income to be PKR Rs. 25,000.

 

DOCUMENTS REQUIREMENT

WAGED INDIVIDUALS TO DELIVER:

  • Verified copy as well as a copy of original CNIC
  • Passport-sized photographs and should be recently captured
  • The latest income slip and your bank statement for the last three months are required

SELF-EMPLOYED BUSINESS PERSONS/PROFESSIONALS TO DELIVER:

  • Verified Copy well asa copy of original CNIC
  • Two Passport-sized photographs and should be recently captured
  • Letter confirming details of account as well as the Bank statement for last 6 month
  • Occupation and the company you work for will be required with evidence

How to apply for car loan

All the men and women who want to get a car from Habib Bank in installments should go to their nearest HBL Bank and fill up the form and submit it. If the application is approved, you will be called by the bank.

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