Bring Home the Car You've Always Wanted
Whether you re buying your first vehicle or upgrading to something better, AL Habib Apni Car helps turn your plans into reality. With competitive rates, fast track approvals, and financing tailored to your needs, we make car ownership more accessible than ever.
Enjoy the freedom of choice with flexible tenures, transparent terms, and the confidence of banking with a trusted name. From daily commutes to weekend road trips, your journey starts here with support that drives you forward.
Enjoy the Exclusive Benefits
-
Free Accidental Insurance up to PKR 500,000 -
Financing available for brand new and used vehicle (locally manufactured) -
Easy monthly installments -
Early/Partial payments option (without any charges) -
Quick processing and minimal documentation -
Also available under Islamic mode of Financing (Diminishing Musharaka) -
Option of Fixed and Variable Rates
| Product | Tenure | Fixed Rates | Variable Rates | ||
|---|---|---|---|---|---|
| New/Used | New/Used | ||||
| Fast Track | DRP | Fast Track | DRP | ||
| Auto Loan | 1-2 Years | 1YK + 4.0% | 1YK + 4.5% | 1YK + 3.0% | 1YK + 3.5% |
| 3 Years | 1YK + 4.5% | 1YK + 5.0% | 1YK + 3.5% | 1YK + 4.0% | |
| 4-5 Years | 1YK + 5.0% | 1YK + 5.5% | 1YK + 4.0% | 1YK + 4.5% | |
- In Fast Track variant, additional 0.5% shall be charged where relationship with BAHL is less than 6 month
- For Fixed and Variable Rate Option: The 1 Year KIBOR of last day of previous month will determine the applicable rate
- For Fixed Rate Option: Applicable Rate will remain the same for the entire tenure
- For Variable Rate option: Applicable Rate is subject to change in KIBOR at each anniversary of financing.
Instant loan, instant benefits
Who can apply for Bank-AL-Habib ApniCar Auto Finance
- Pakistani Nationals
- Account holder of any Bank
- Debt Burden Ratio (DBR): Up to DBR 50% aggregate of Net Income.
- Minimum Income: Rs.60,000/- per month take home for Salaried and Rs.100,000/- per month for SEP / SEB
- Salaried person, Businessman or Self-employed
- Individuals having other source of income i.e. Remittance, Rental, Pension, or Investments may also apply if they maintain satisfactory account at Bank AL Habib
Visit your nearest branch
- Our highly trained executives will take care of your financing requirements
- The only thing you need to worry about is choosing the car and its colour
Documents Required
- Two recent photographs
- Copy of Computerized / Smart National Identity Card (CNIC / SNIC)
- Proof of Permanent/Regular employee and 1 Year working experience
- Proof of 2 Years working experience for Contractual Employees
- Bank Statement of Last 6 months with reflection of salary credits
- Last 3 months salary slip/salary certificate
- Two recent photographs
- Copy of Computerized / Smart National Identity Card (CNIC / SNIC)
- Acceptable Proof of Business of last 2 years
- Bank statement of last 6 months
FAQ's
Yes if you are:
- Pakistani National Citizen holding valid CNIC / SNIC
- Having satisfactory credit history
Following Categories are being offered in Bank AL Habib Car Financing:
- Locally Manufactured Brand New Vehicles for personal use.
- Locally Manufactured Used cars above 1000cc; not older than 7 years from the date of manufacturing.
- Locally Manufactured Used cars up to 1000cc; not older than 5 years from the date of manufacturing.
- Upto PKR 3,000,000/- aggregate in all banks/DFIs.
- Financing for 5 Years only for Vehicles upto 1000cc
- Financing for 3 Years only for Vehicles above 1000cc
- Minimum 30% for locally manufactured brand new vehicle
- Minimum 35% for locally manufactured used vehicle
Minimum Down Payment varies in accordance with the variant and the model of vehicle
You have to pay Down payment, processing fees & first year insurance premium
We have arrangements with various renowned insurance companies which offer special rates for Bank AL Habib customers.
You need to repay through Direct Debit Authority.
Yes, you have the option to repay the loan at any point in time during the tenure of the loan
Yes. Partial payments can be made twice a year without any fee(after every six months) with a minimum of PKR 50,000/-
The Bank arranges the valuation through its panel of approved surveyors/valuators.
The vehicle is the security, which will be hypothecated in favor of Bank AL Habib through Motor Registration Authority.
- Visit the nearest Bank AL Habib Branch
- Call our 24X7 Helpline (+92) 111-014-014
- Email at apnicar@bankalhabib.com
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