HBL Offers Car Loans for All Types of Cars

HBL Car Loan offers car loan for any type of car; new, used, local or imported one and the borrower can pay the loan in a maximum time span of 7 years. HBL is one of the leading banks operating in Pakistan has a wide network of branches in all cities of Pakistan.

For salaried individuals, the age limit should be from 22 to 60 years and the minimum monthly income should not eb less than 20 thousand rupees. However, for self employed business or professionals the age limit is upto 70 years and the mimum monthly income should not be less than 25,000.

Documents Required

a. Salaried Individuals

  • Copy of CNIC.
  • 2 recent passport size photographs.
  • Latest original salary slip and personal bank statement for last 3 months.

b. Self-Employed Business persons/Professionals

  • Copy of CNIC.
  • 2 recent passport size photographs.
  • Bank statement for last 6 months and bank letter confirming details of account.
  • Proof of business.

Earlier, the HBL’s 7.5% Car Loan was much appreciated by the public and thousands of applications were received in HBL last year. However, that offer stands expired and currently, the markup rate is around 11-12% plus insurance, processing fee and other charges. Interested ones can contact Habib Bank Limited through their help line 021-111-111-425.

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  1. Sir would we use this loan in other work.

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