HBL Car Loan

Driving the car of your dreams can be easily turned into a living, breathing reality with HBL’s 100% hassle-free and highly flexible HBL car loan scheme – offering financing of up to 85% of your dream car.

With HBL Car Loan scheme, you can apply instantly and start driving your ultimate dream car in just a few days. Enjoy the flexibility of choosing between a floating mark-up or fixed mark-up facility to match your unique circumstances. HBL also offeres both conventional product called HBL Car Loan and Islamic product called HBL Car Ijarah

Key Features of the HBL Car Loan Scheme

Take advantage of a multitude of features that open the gateway to owning your desired car:

  • Car financing limit between Rs. 200,000 and Rs. 5,000,000
  • Car loan charges for new customers at Rs. 7,500 + FED and Rs. 3,750 + FED for existing customers
  • Fixed or floating rate mark-up option
  • Repay your car loan up to 7 years for new cars and 5 years for used cars
  • Both conventional and islamic products offered including HBL Car Ijarah
  • Comprehensive insurance cover - Car Takaful and tracker facility ‘standard’ through top business partners
  • Bank also offeres access to a dedicated after sales services team 

Eligibility Criteria for HBL Car Loan

You can take advantage of the HBL Car Loan scheme today under the following criteria:

Salaried/Employed Professional

  • Must be a registered Pakistani citizen
  • Applicant must be 22 years old or no more than 60 years old at the time of loan maturity
  • Proof of income, minimum Rs. 20,000

Self Employed Individual/Businessperson

  • Must be a registered Pakistani citizen
  • Applicant must be 22 years old or no more than 70 years old at the time of loan maturity
  • Proof of income, minimum Rs. 25,000

HBL Car Loan Variants

The HBL Car Loan scheme offers the following variants:

To Buy a New Car

Handpick from the most popular and common car manufacturers in Pakistan and start driving your brand new dream car.

To Buy a Used Car

Drive a used car, local or foreign assembled, with a minimum security deposit of just 10%.

To Buy an Imported Car

Drive a brand new imported car under the HBL Car Loan scheme.

Documents Required for HBL Car Loan Application Process

Applicants can easily avail the HBL Car Loan scheme by providing the following documents at the time of application:

Salaried Professional

  • CNIC, original and verified copy
  • 2 most recent Passport-sized photos
  • Most recent and original salary slip along with latest 3-month bank statement

Self-employed Professional/Businessperson

  • CNIC, original and verified copy
  • 2 most recent Passport-sized photos
  • Latest 6-month bank statement and Bank Letter for account details confirmation
  • Proof of business such as Tax Forms, Partnership Agreement or other proof of ownership

How to use HBL Car Loan Calculator?

The HBL Car Loan Calculator provided at the upper section of this page, is a digital tool which allows users to select the respective make, model and year of the car they wish to drive, along with their income source, car price and contribution they are able to make. The HBL Car Loan Calculator will then calculate the monthly instalments users must pay (tentative monthly installment or rental amount) along with all associated details – allowing them to easily gain the most benefit from the HBL Car Loan scheme. Users will also be able to apply for HBL Car Loan through this calculator at the end of the process to get more personalized services offered by Mawazna.com. 

To review and apply for HBL Car Loan and HBL Car Ijarah, use the calculator at top of this page of visit mawazna car loan comparison service, provide your details and apply to be considered.