Financing Through Autoworld Affiliated Banks
Barkat Auto finance is based on the principles of Diminishing Musharakah. This is a medium and long term financing product, where the Bank and the customer jointly purchase an asset and create joint ownership in the asset. The Bank rent out its share in the asset to the customer while the customer periodically purchases units of ownership in the asset from the Bank. After purchase of all the units, the customer becomes the sole owner of the asset.
Features and Benefits
Quick processing with less documentationFinancing amount upto 60% of the value of the vehicle
Flexible tenures ranging from 12 to 60 months for repayments
Installments start after delivery of the vehicle
Elegibility Criteria
Citizen Ship: PakistanCities: KHI, LHR, ISL, RWL, SLA, FSD, MUL, HYD, PSH
Income: Rs 30,000(For Salaried), Rs 40,000(For Branch Banking)
Age Limit: For Salaried (Min 21 Years and Max 65 Years at the time maturity)
Introduction: Now you can become the owner of a brand new car through Soneri Car Finance Scheme. Soneri Bank Limited offers Car Finance facility up to Rs.3,000,000/-, repayable in 5 years in equal monthly installments. Option of used and reconditioned car are also available. To fulfill your need, please contact your nearest branch of Soneri Bank Limited or call 021-111-766-374 for application assistance.
Features and Benefits
Fast and hassle-free application processingFinancing amount upto 60% of the value of the vehicle
Zero processing fee on declined application
Down payment is required once loan is approved
Elegibility Criteria
Citizen Ship: PakistanCities: KHI, LHR, ISL, RWL, SLA, FSD, MUL, HYD, PSH
Income: Rs 30,000(For Salaried), Rs 40,000(For Branch Banking)
Age Limit: For Salaried (Min 21 Years and Max 65 Years at the time maturity),
For SEB/SEP (Min 21 Year and Max 70 Years at the time of maturity).
Car Ijarah is Meezan Bank’s car financing product and is Pakistan’s first Interest-free car financing. It is based on the Islamic financing mode of Ijarah (leasing). This product is ideal for individuals who want to get interest-free financing for acquiring a car. Car Ijarah works through a car rental agreement, under which the Bank purchases the car and rents it out to the customer for a period of 1 to 7 years, agreed at the time of the contract. Upon completion of the Ijarah period, the vehicle will be sold at a token amount or gifted to the customer.
Features and Benefits
Lowest upfront paymentFinancing amount upto 60% of the value of the vehicle
Free accidental death coverage
Minimum security deposit as low as 15%
Elegibility Criteria
Citizen Ship: PakistanPermanent employees:3 months in current job with a minimum 2 years continuous employment history
Net take home income : In excess of 2 times the monthly rental
Spouse’s verifiable income : Clubbed to an extent of 50%
Ab Har Safar Shandar – with Allied Car Loan! You no longer have to wait to buy your dream car because Allied Bank now offers car loan facility for its customers on low mark-up with flexible repayment options.
Features and Benefits
No hidden costsFinancing amount upto 60% of the value of the vehicle
Simple and easy documentation
Flexibility to Choose the Repayment Period up to 7 years. (12 to 84 months repayment)
Elegibility Criteria
Citizen Ship: PakistanYou are 21 to 59 years old
Your net monthly salary is Rs.40,000/- or more
Your length of employment with current employer is minimum 03 years
AutoWorld Affiliated Brands Warranty Schemes
ONE OF THE BEST PERFORMING WARRANTIES IN THE BUSINESS.When you make cars and trucks this good,backing them with a great warranty is no problem.Every Suzuki comes with a 100,000-mile/7-year Powertrain warranty. Duration -Suzuki's powertrain limited warranty covers 100,000 miles or 7 years $0 Deductible - There is no deductible, so Suzuki owners never have any out-of-pocket expenses. For 2009 and Newer Model Years are covered by the Suzuki Fleet Limited Powertrain Warranty which begins at 36 months or 36,000 miles and extends to 60 months or 60,000 miles. Suzuki's New Vehicle Limited Warranty covers all components of the vehicles for 36 months or 36,000 miles.Any repairs needed to correct defects in materials will be made with no charge.The battery is covered for 24 months or 24,000 miles.Should original body sheet-metal panels develop perforation due to corrosion, they're covered for 60 months, with no limit on mileage.Tires hold a separate warranty from the tire manufacturer.
