MCB was founded in 1947 with the objective to provide banking facilities to the business community of South Asia. MCB is Pakistan’s fourth largest bank with a customer base of approximately 4 million and a nationwide distribution network of 1,190 branches.
Car Financing Products
MCB’s car leasing solution is called Car4U and has the following benefits:
Features & Benefits
- Option for financing or leasing
- Financing tenures from 1 to 7 years
- Option for new as well as used cars
- Options for local as well as imported cars
- Financing up to Rs. 25 lacs
- Option for early payment
- Option for replacement loan
- Lower mark up rates
- Lower insurance rates
- Minimum 20% down payment
- Fast and hassle free processing of application
- Priority delivery on different vehicles
- No processing fee if the case is declined
- Pay your down payment after your loan is approved
- Existing customers for Personal Loan, ‘Pyara Ghar’ or ‘Business Sarmaya’ are given a discounted rate.
- Pakistani citizenship
- If you are a salaried person your age must not be less than 22 years or more than 65 years.
- If you are a businessman or a self-employed professional your age must not be less than 21 years or more than 70 years.
- A businessperson should be the sole proprietor/ partner/ or a director of reputed business company.
- Have a minimum take home income of Rs.25,000 per month.
- For Salaried person at least 3 months of experience is required
- If you are a businessman or self-employed professional you must possess at least 1-year experience in the same profession or business.
Visit your nearest MCB branch or call 111-000-MCB (622). You can also find more information online here.