Soneri Bank Car Finance

Soneri Bank Limited offers a car finance facility with the following benefits.

Features and Benefits

Loan Money

Offers up to Rs.3 Million for car loans

Flexible Down Payment

Offers a minimum of 30% off brand new locally manufactured cars

Easy Instalments

Select monthly instalment plan from multiple options up to 7 years

Mark-up Rate

1-year KIBOR plus 4.5% to 6% Bank Spread, to be revised on each anniversary of finance

No Processing Fee

If the application is not accepted then there will be no processing fee

Partial Payments

Choose flexible payment plan yourself

Car Loan Calculator

New Car
Used Car

Soneri Bank Limited is a premier full-service commercial bank that was founded on September 28th, 1991, to provide innovative financial solutions and excellent customer service. Over time, they expanded their branch network, and presently they operate over 360 locations and ATMs across Pakistan, 30 of which are Islamic Banking branches. The main functional areas include branch banking, corporate and investment banking, treasury, small and medium-sized enterprises, financial institutions, and Islamic banking. Their Soneri Mustaqeem Islamic Banking Division is rapidly developing, with 35 specialised branches and Islamic Banking windows functioning throughout Pakistan. Soneri Bank works with a strong growth mentality that appreciates diversity and inclusivity as part of the brand culture and strives for banking services and ease of operations through its products and services. Soneri Bank sees a flourishing Pakistan and pledges to deliver innovative and effective financial solutions to their partners and clients so that they may experience financial independence and remain Roshan Har Qadam.

Required Documents

2 passport-size images
Valid CNIC copy
Your salary slip for salary evidence
Utility bills copy
Biometric verification
Bank statement

Eligibility

Eligible Borrowers are the following: Salaried Individuals, Self-employed Professionals, Businessmen, Agriculturists, Rental Income Individuals, Foreign Remittance
The eligible age for applicants is under 60 years for salaried employees and 70 years for: Entrepreneur, Self-employed, Farmer, Rental income
Minimum income: PKR 25,000/-
Minimum employment: Contractual: 1 year, Permanent: 2 years, Business: 1 year

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