Apply For Car Loan - MCB Islamic Bank
MICAR benefits and features of Shariah-compliant financing for used and new vehicles for personal use are as follows.
View Bank DetailsCar Information
Finance ForKIA Sorento 2.4L FWD
Price
Rs 8,999,000
Down Payment
Rs 6,299,300
Processing Fee
Rs 6,500
Monthly Instalment
Rs 97,641
Insurance First Year
Rs 179,980
Bank
MCB Islamic Bank
Request for a quote
Popular Cars Financed by MCB Islamic Bank
Required Documents
CNIC/SNIC/NICOP/POC copy
2 passport size photographs
6 months-1 year bank statement
Salary slip/business proof including other documents
For Foreign Remittance Beneficiaries and Non-Resident Pakistanis: 12-month bank statement
Valid work permit (Iqama of remitter)
Valid passport copy (work visa)
Document showing relationship with remitter
Eligibility
For Targeted Customers: You should be a Pakistani Identity Card Holder
You should be a Pakistani Identity Card Holder
Minimum Income: Salaried: PKR 40,000, SEP: PKR 50,000
Minimum age limit: 25 years
Maximum age limit: Salaried: 60 years, Sel-employed: 70 years
Minimum employment duration: Salaried: 3 months, Self-employed: 24 months
For Foreign Remittance Beneficiaries and Non-Resident Pakistani: Only the person receiving the remittance in their name from the non-resident Pakistani may qualify as the primary applicant
Primary applicant must be a Pakistani National Identity Card Holder
Minimum income should be PKR 50,000/- a month
Non-resident Pakistanis (NRP)/Remitter of Foreign Remittance Beneficiary
Minimum income of PKR 50,000/- per month
NRP must be MCB Islamic account holder
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