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Lists of Banks Providing Car Loan in Pakistan 2021

If you live in Pakistan, owning a car is a must. In Pakistan alone, 93% of households own at least one vehicle. Every person wants their own dreamy car. For this purpose, he/she works hard forever; throughout all time. As our cities grow and develop, car ownership rates will only continue to rise.

Owning a car is a lifelong investment. If you don’t already have a car, you may be thinking about it. There are some following banks in Pakistan which provide car loan financing schemes:

1.      Bank Alfalah

2.      Habib Bank Limited

3.      Muslim Commercial Bank

4.      Askari Bank Limited

5.      United Bank Limited

6.      Bank Al Habib

7.      JS Bank

8.      Meezan Bank 

9.      Standard Chartered Bank

10.  Summit Bank

11.  Bank Islami Pakistan

12.  Bank of Punjab

13.  Bank of Khyber

14.  Al Baraka Bank

15.  MCB Islamic Bank Limited

16.  Faysal Bank

17.  Dubai Islamic Bank

18.  Allied Bank Limited

19.  Metro Bank

1.     Bank Alfalah

Financing Limit:

Equity up to 70%

Tenure:

Up to 7 years

Online Apply

2.     Habib Bank Limited

Financing Limit:

Financing Limit start from 0.2 million to 10 million

Tenure:

Up to 7 years

Online Apply

3.     Muslim Commercial Bank

Financing Limit:

Equity up to 80%

Tenure:

Up to 7 years

Online Apply

4.     Askari Bank Limited

Financing Limit:

Equity start from 20% to 50%

Tenure:

Up to 7 years

Online Apply

5.     United Bank Limited

Financing Limit:

Equity up to 85%

Tenure:

Up to 10 years

Online Apply

 6.     Bank Al Habib

Financing Limit:

Equity start from 20% to 80%

Tenure:

Up to 7 years

Apply Online

7.     JS Bank

Financing Limit:

Financing limit start from 0.3 million to 50 million

Tenure:

Up to 7 years

Apply Online

8.     Meezan Bank

Financing Limit:

Equity up to 85%

Tenure:

Up to 7 years

Apply Online

9.     Standard Chartered Bank:

Financing Limit:

Financing limit up to 7.5 million

Tenure:

Up to 7 years

Apply Online

10.              Summit Bank:

Financing Limit:

Financing limit start from 0.6 million to 6 million

Tenure:

1 year to 5 years

Apply Online

11.              Bank Islami Pakistan

Financing Limit:

Financing limit start from 0.25 million to 10 million

Tenure:

1 year to 7 years

Apply Online

12.              Bank of Punjab

Financing Limit:

Equity up to 70%

Tenure:

1 year to 5 years

Apply Online

13.              Bank of Khyber

Financing Limit:

Financing limit up to 2.5 million

Tenure:

Tenure period up to 5 years

Apply Online

14.              Al Baraka Bank

Financing Limit:

Equity up to 70%

Tenure:

1 year to 7 years

Apply Online

15.              MCB Islamic Bank Limited

Financing Limit:

Equity up to 80%

Tenure:

1 year to 7 years

Apply Online

16.              Faysal Bank

Financing Limit:

Financing limit start from 0.5 million to 5 million

Tenure:

1 year to 5 year

Apply Online

17.              Dubai Islamic Bank

Financing Limit:

Financing limit start from 0.1 to 5 million

Tenure:

1 year to 7 years

Apply Online

18.              Allied Bank Limited

Financing Limit:

Financing up to 6 million

Tenure:

1 year to 7 years

Apply Online

19.              Metro Bank

Financing Limit:

Equity up to 80%

Tenure:

1 year to 5 years

Apply Online

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