Samba Bank Auto Loan Details | How To Get Car Loan From Samba Bank

Do you want to finally get your hands on that dream vehicle? Are you thinking of changing your car? Now it’s a best opportunity with Samba Auto Loan to get your hands on the car of your choice. Samba Auto Loan due to a term loan allows you to purchase for your personal use a new, used and imported vehicle.

Samba Bank Auto Loan Features & Benefits

1.      Simple documentation and fast loan processing turnaround time

2.      Flexible repayment periods with loan tenure options from 12 months to 84 months

3.      Fixed and floating margin rate options (renewable annually)

4.      Wide range of vehicles approved for financing, including hatchbacks, sedans, SUVs and light commercial vehicles

5.      Down payment as low as 15%

6.      Comprehensive insurance coverage throughout the financing period with reputable insurance companies on the Samba Bank panel

Samba Bank Auto Loan Eligibility Criteria

1.      Pakistani nationals residing and working in Karachi, Lahore, Faisalabad, Islamabad or Rawalpindi

2.      Applicants must be at least 21 years old at the time of loan application

3.      Salaried persons must not be older than 67 years (or retirement age, whichever that happens before) at the time of the loan application.

4.      Loan maturity Self-employed persons must not be over 70 years old at the time of loan maturity Applicants must have a minimum deposit relationship of 6 months with any bank in Pakistan

5.      Applicants must have a minimum monthly income of PKR 50,000 and PKR 60,000 for salaried and self-employed employees respectively

6.      Salaried applicants must be working at their current employer for a minimum period of 3 months as permanent staff (not on probationary period)

7.      Self-employed applicants must have a minimum seniority of 2 years in their current business

8.      Applicants must not be behind on any other consumer loan product (s) from Samba Bank or any other bank in Pakistan

9.      Income from other sources such as rent, pension or PR Deposit amount can also be considered term, subject to the Bank’s internal credit policies.

Samba Bank Auto Loan Requirements

1.      You will need to provide the following minimum documents to apply for the Samba car loan;

2.      Complete and Signed Samba Auto Loan Application Booklet

3.      Copy of Valid Computerized National Identification Card / Smart National Identification Card

4.      Six Month Bank Statement

5.      Valid Documentary Proof of Employment or Business

6.      NTN Certificate and Tax Return with List of Active Taxpayers

7.      Salaried Individuals: Three Month Pay / Salary Proof Self

8.      Employed Individuals: Acceptable Business Proof including Tax Returns, Letter of Ownership, NTN Certificate, Partnership Deed, Articles / Memorandum of Association, etc. (requirements may vary on a case-by-case basis) on a case-by-case basis)

Samba Financing Calculator

With Samba convenient financial calculator helps you to choose your finances easily and transparently. Click on the link for Samba Calculator:

How to Apply For Samba Bank Auto Loan 2021

Please contact Samba Phone Banking, to apply for Samba Auto Loan on +92 21 11 11 SAMBA (72622) email at

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