Pakwheels
Download App via SMS

Faysal Bank Limited

Enhance your lifestyle with our Faysal Car Finance solutions, designed to provide you with flexible and easily customized terms to fit your unique needs. Now you can drive your dream car with easy repayment options, competitive interest rates and a hassle free experience.

You can also find more information online here

Features and Benefits

Attractive markup rate
Fast and hassle-free processing of application
Flexibility in selection of cars (locally manufactured as well as imported vehicles)
Facility against brand new as well as used vehicle
Loan amount up to 90% of the value of vehicle*
Loan tenure from 1 to 5 Years
Co-borrower facility available
Comprehensive insurance coverage from reputed insurance companies
Early settlement option
*Allowed on selected segments depending on the vehicle type

Required Documents

  • Salaried:
  • Copy of CNIC / NICOP / POC
  • 2 recent passport size photographs
  • Latest pay slip / salary certificate from employer
  • Bank statement for the last 6 months
  • Duly filled loan application form
  • Businessman and Self-employed Professional:
  • Copy of CNIC / NICOP / POC
  • 2 recent passport size photographs
  • Bank statement for the last 6 months
  • Proof of profession or business
  • Proprietorship letter
  • NTN certificate
  • Tax Returns of 2 years
  • Professional degree and valid membership of applicable professional body (for SEP only)
  • Duly filled loan application form
  • Proprietors, Partnership Concerns or Limited Company:
  • Copy of CNIC / NICOP / POC
  • 2 recent passport size photographs
  • Declaration of proprietorship, Certified Partnership Deed, Memorandum & Article of Association, Form A & 29 and Company Profile
  • Bank statement for the last 6 months
  • Tax Returns and Assessment Order for the last 2 years
  • Copy of latest utility bill
  • Duly filed application form

Eligibility

  • Valid CNIC / NICOP / POC
  • Salaried, businessman or self-employed professional
  • Aged between 21 and 60 years for Salaried person & 75 years for SEP/SEB
  • Min net income For Salaried person : min 30,000/-
  • Min net income For Self-Employed Person/Businessman : min 40,000/-