Pakwheels

JS Bank

JS Bank

JS CarAamad offers you a chance to drive away your dream car. JS CarAamad is an installment-based loan for purchase of new, used & imported vehicles, which is the smartest auto loan ever!

Features and Benefits

Quickest & hassle-free processing
Lowest down payment (as low as 15%)
Flexible tenure 1 – 7 years
First year insurance financing
Insurance through reputable insurance partners – EFU General Insurance, Adamjee General Insurance. Shaheen Insurance, TPL Direct Insurance & Askari General Insurance– at lowest rates
Early settlement option (Nominal Charges apply)
Financing based on floating rate of 1-Year KIBOR + 7% or fixed rate of 1-Year KIBOR + 10%
Co-borrower facility
No hidden charges
Financing from Rs. 300,000 to Rs. 50 Million
No down payment or processing fee payments before approval

Required Documents

  • Copy of CNIC
  • 2 recent passport size photographs
  • If JS Bank Customer - minimum 6 months customer deposit relationship.
  • If Other Bank Customer -other bank's statement of minimum 12 months along with maintenance certificate. If other bank statement is a photocopy or internet copy then it should be stamped by the bank.
  • For Salaried Individuals: Latest 3 Salary Slips (6 months banks statement required for those customers whose salary is credited on other than JS Bank)
  • For Business Individuals: 1 year bank statement required along with certificate for those customers whose banking relation is less than 6 months with JS Bank.

Eligibility

  • Nationality: Pakistani
  • Age: Minimum 21 Years & Maximum 70 Years (At the completion of the financing tenure)
  • Tenure & Income Requirements for Self Employed/ Businessman: 1.Minimum 1 Year 2.Minimum average balance: Rs. 50,000 over last six months
  • For Salaried Permanent employees ( Customers & Non-customers): 1.CCM A – 1 month employment 2.CCM B – 3 months employment 3.CCM C - 6 months employment 4.Minimum Rs. 25,000 per month net take home salary
  • For Contractual employees: 1.Minimum1year employment with the present employer 2.Minimum Rs. 40,000 per month net take home salary