Auto Loan

Summit Bank Auto Loan | How To Get Car Loan From Summit Bank

Summit bank offers auto loans at a very low mark-up rate, for those who have a dream of their own vehicle. Summit bank offers more than 6000000 PKR to buy new or used cars, every Pakistani citizen either male or female, can apply for this loan.

Summit Bank Auto Loan Features

1.      Loan Amount: Minimum: Rs.300,000/-Maximum: Rs.6,000,000/-

2.      Loan Tenure: Minimum: 1 Yr – Maximum:5 Yrs

3.      Mark-up Rate: Salaried: Six Months KIBOR + 400bps

a.       Self Employed Professional: Six Months KIBOR + 450bps

b.      Self Employed Businessman: Six Months KIBOR + 500bps

c.       Mark-up rate to be revised on Six Monthly Basis

4.      Down Payment (Equity): Minimum 15% of Vehicle Value

5.      Vehicle Type: Passenger Vehicle

6.      Insurance: Vehicle Insurance will be mandatory from Bank’s authorized Insurance Company

7.      Early Settlement Facility: Available

Summit Bank Auto Loan Benefits

1.      Fast & amp; Hassle-free processing

2.      No processing fees before approval

3.      Choose any type of car: local (new and used) & amp; Imported (registered and unregistered)

4.      Insurance through a reputable insurance company at the lowest price

Summit Bank Contact Information For More Information And Application

Call 24/7 At Summit Bank Call Centre helpline:

1.      UAN NO: 021-1111-24365

2.      International Customer Facilitation: 0092-21-38709112

3.      Email:

4.      Online: Lodge online complaint via Summit Bank Website

5.      Fax No: 021-32463553

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