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Bank Islami Car Financing - Car Loan Calculator

Bank Islami

BankIslami, the second-largest Islamic bank with over 340 branches and 118 cities of Pakistan, is strongly committed to its core values of product authenticity, customer centricity, meritocracy, integrity, teamwork, and innovation with the Bank always being at the forefront of revolutionizing the financial landscape of Pakistan.  The mission of BankIslami is to create value for our stakeholders by offering authentic, Shariah-compliant, and technologically advanced products and services.

We differentiate ourselves through authenticity, innovation, understanding our client’s needs, commitment to excellence, and fast, efficient, andseamless delivery of solutions. As a growing institution, the foundation for our performance lies in our human capital and BankIslami remainscommitted to becoming an employer of choice, attracting, nurturing, and developing talent in a transparent and performance-driven culture.

BankIslami Pakistan was conceptualized by Jahangir Siddiqui & Company Limited and Randeree family in late 2003. The bank started its banking operations on 7th April 2006 with its first branch in SITE, Karachi. BankIslami Pakistan Limited was the first Bank to receive the Islamic Banking license under the State Bank of Pakistan's Islamic Banking policy of 2003.

From introducing a diverse range of Shariah-compliant banking products & services to being a constant innovator in bringing newer technologies to Pakistan, the institution has changed the way banking operations are carried out in Pakistan.

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Features and Benefits

You can choose a car that is new, used or imported Select your monthly installment plan from multiple tenure options up to 5 years Fixed and variable rate options to cater every budget Pay as much as you like with down payment flexibility Enjoy special comprehensive insurance rates for complete peace of mind No termination charges on car replacement Apply with minimum documentation and hassle free quick processing

Required Documents

Two passport size photographs Copy of Computerized National ID Card Bank statement for the last six months Salary certificate (in English) specifying the name, date of joining, designation and salary details Signatures verified from your Banker Same above documents of Co-Borrower (In Case of Co-Borrower Case) : Employment (Permanent/Contractual) , Business (Partnership/Proprietorship), Co-Borrower’s Income (Clubbing of Income)

Eligibility

You are a Pakistani National Identity Card Holder You should be aged between 21 and 65 years of age (Loan maturity to fall in the same age bracket)

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