National bank car loan Scheme 2024 Without Interest

National Bank has introduced Islamic Car Loans in Pakistan. National Bank has launched Aitemaad Hamsafar Auto Finance Scheme. In this scheme, a loan amount from Rs 500,000 to 15 million could be taken to purchase a car. National Bank of Pakistan has launched a car loan program with no advance.

This is a great option for those who wish to purchase a vehicle but don’t have the funds to obtain an advance loan. The minimum amount required to get this type of loan is 25000 rupees. The National Bank of Pakistan Car Loan Scheme is an excellent chance for those who wish to obtain an auto loan with no advance.

You can obtain an auto loan at the National Bank of Pakistan even when you have bad credit. National Bank launched Aitemaad Hamsafar Auto Finance Scheme. The scheme permits you to obtain an amount of loan between Rs. 500,000 and Rs. 15. million to purchase the car you’ve always wanted.
1.) If a person is looking to purchase a car from any business with a loan provided by National Bank, then he could get a loan from National Bank to buy a vehicle.

2.) If a customer wishes to purchase a vehicle from National Bank, National Bank will be able to register the vehicle.

National bank car loan Scheme 2024 Without Interest Online Apply

National bank car loan Scheme 2024 Without Interest

The National Bank of Pakistan (NBP) is the biggest banking institution in Pakistan. It was founded by the government in 1926, under the name Muslim Commercial Bank Limited. The purpose of NBP is to provide customers with high-quality bank products and services. The National Bank of Pakistan Car Loan Scheme provides car loans with no fees for advance.

You can take out an auto loan at the National Bank of Pakistan without needing to provide any collateral or security. All you need to do is make sure you have a great credit score. If you’re looking for an auto loan with no problems, the National Bank of Pakistan is the ideal choice for you! Female and male customers. old and new can pick up their vehicle at National Bank. If a buyer would like to purchase a secondhand vehicle, it should not exceed 9 years old. of age.

Loan Tenor

If a buyer is looking to purchase a 1,000 Cc car, he will have to pay back the loan within between 1 and 7 years, with monthly installments. If a client is looking to purchase a brand-new vehicle, he will have to pay off the loan in a period of one to five years.

Customer Share as Equity

If a customer wishes to purchase a one thousand cc car, then the customer should pay at minimum 15% of the cost for purchase.
If the client would like to purchase a vehicle with a value of greater than 11,000 dollars, the customer must have to pay a minimum of 30% to purchase the vehicle.

Eligibility Criteria

Pakistani citizens who are holders of an identity card.

1. Males and females alike.
2. Business and salary
3. Pakistani Overseas
4. The minimum age for salaried employees is between 21 and 60.
5. 21-65 between the ages of 21 and 65, whether self-employed or businessmen
6. A salaried worker should earn at least Rs. 50,000
7. The monthly earnings of a business person are not more than the sum of Rs. 4 lakhs.
8. A salaried employee has been working for one year
9. A businessperson should possess at minimum two years of working experience

Required Documents

1.) Photocopy of identification card
2) Two photos
3.) Salary slip/emulation certificate
4) Six months’ bank statement
5.) Copy of the electricity bill

National bank car loan calculator: https://www.nbp.com.pk/islamic/Calculator.aspx

How to Apply

A customer who is interested could visit any of the close National Bank Trust branches and complete the application.

Download Application Form: https://www.nbp.com.pk/islamic/images/application%20form.pdf