To nullify the effect of a constant hike in car prices, just choose your dream car and pay a minimum of 10% of the cost and avail financing for the balance with repayment spread over 36 to 48 easy monthly installments.

		FAQs
Can I Apply ?	How Do I Apply ?	My monthly Installments	Any Other Charges	Insurance

You can also obtain lease finance to purchase a used vehicle with a maximum repayment term of 36 months.

 

 

 

 

You can apply if you are :

• A Pakistani national
• Willing to pay a minimum of 10% down payment.
• A businessman or a corporate employee or a self employed professional
• Upto 56 years of age in case of corporate employee
  

Back to Top

---

 

You can fill out our application form and attach the required documents and send it to our office for processing.

Back to Top

---

 

Your monthly installment will depend on the amount of down payment you are willing to make. You just need to multiply the amount of net financing (cost of the car less the down payment) with the relevant monthly installment factor given in the following table.

 

Table for monthly installment factor for new vehicles.

(10% minimum deposit)

Term	Monthly Lease Factor
36 months	0.03424
48 months	0.02845

 

Table for monthly installment factor for used vehicles*.

(25% minimum deposit)

Term	Monthly Lease Factor
36 Months	0.03458
48 months	0.02845

*Selected vehicles should not be older than 4 years

Example: You want to lease a new vehicle for three years costing Rs. 555,000 and you are willing to pay a down payment of Rs. 100,000. Your net financing amount would be Rs.555,000 - Rs. 100,000 = Rs. 455,000
In order to arrive at your monthly installment you need to multiply this amount with the appropriate installment factor as provided in the appropriate foregoing table. Your monthly installment factor would be 0.03424. Your monthly installment would be Rs. 455,000 x Rs. 0.03424 = Rs. 15,579

Back to Top

---

 

You have to pay documentation charges of Rs. 2,000 per vehicle. In addition, all government levies and taxes, registration charges etc., applicable from time to time, will be borne by you.

Back to Top

---

 

You have the advantage of paying annual insurance premium in monthly installments.

 

Back to Top