Pakwheels

Faysal Bank Car Loan Calculator - Faysal Bank Car Finance

Faysal Bank Limited

Enhance your lifestyle with our Faysal Islami Car Finance Solutions, designed to provide you with flexible and Best car loan in Pakistan. Now you can drive your dream car with easy repayment options, competitive rental rates and a hassle free experience.

Disclaimer

  1. Plans generated are based on calculation for Salaried Segment Only - For Business person/Self Employed Profession EMI may vary
  2. Car Finance Plan generated is exclusive of tracker charges
    a. Tracker charges are Rs. 22,000+FED to be paid initially
    b. Tracker monitoring charges to be paid on monthly basis Rs. 1,500+FED

 

Features and Benefits

  1. Competitive Rental Rate
  2. Fast and hassle-free processing of application
  3. Flexibility in selection of cars (Locally Manufactured Vehicles)
  4. Facility against brand new as well as used vehicle Facility Amount up to 70% of the value of the vehicle (Maximum of Rs. 3,000,000 can be availed)
  5. Facility tenure from 1 to 5 Years Co-borrower facility available Comprehensive Takaful coverage from Reputed Insurance Companies Early settlement option

Required Documents

SALARIED 

  1. Copy of CNIC / NICOP / POC 2
  2. recent passport size photographs
  3. Latest pay slip / salary certificate from employer
  4. Bank statement for the last 6 months
  5. Duly filled loan application form BUSINESSMAN AND SELF-EMPLOYED

PROFESSIONAL 

  1. Copy of CNIC / NICOP / POC
  2. 2 recent passport size photographs
  3. Bank statement for the last 6 months
  4. Proof of profession or business Proprietorship letter NTN certificate
  5. Tax Returns of 2 years PROFESSIONAL DEGREE

VALID MEMBERSHIP OF APPLICABLE PROFESSIONAL BODY (FOR SEP ONLY) 

  1. Duly filled loan application form Proprietors
  2. Partnership Concerns or Limited Company Copy of CNIC / NICOP / POC
  3. 2 recent passport size photographs
  4. Declaration of proprietorship
  5. Certified Partnership Deed
  6. Memorandum & Article of Association
  7. Form A & 29
  8. Company Profile Bank statement for the last 6 months
  9. Tax Returns and Assessment Order for the last 2 years
  10. Copy of latest utility bill Duly filed application form

Eligibility

  1. Pakistani Citizenship
  2. Minimum Monthly Net Salary / Monthly Income Requirement: PKR 80,000 Minimum
  3. Age Requirement: 22 years* Maximum Age (at loan maturity): 65 years (salaried) and 70 (Self-Employed)
  4. Employment/Business Length: Minimum 6 Months
  5. Employment (Salaried)* / 1 Year Business (Self-Employed).*

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