Car Financing Plan

CARGAR

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Prince K07

PKR 2,550,000

Monthly Payment

AS LOW AS PKR 41,469

Total Initial Deposit

PKR 808,700

Initial Payment

Down Payment	PKR 765,000
Processing Fee	PKR 8,000
Insurance for First Year	PKR 35,700
Total Initial Deposit	PKR 808,700

Yearly Installment Plan

1st Year	PKR 44,147 per month
2nd Year	PKR 43,998 per month
3rd Year	PKR 43,849 per month
4th Year	PKR 43,700 per month
5th Year	PKR 41,469 per month

Required Documents

Following basic documents are required to apply for car loan through BOP Car Finance:

Last 06 months’ Bank Statement
Copy of CNIC/NICOP/ Smart NIC
2 recent passport size photographs
Last two months’ Salary Slip or Salary Certificate, clearly indicating gross and net salary with details of all deductions
Complete and duly signed “Application Form” with signature verification from branch.

Eligibility

You are eligible for financing vehicle from Bank of Punjab if:

You are Pakistani national
You are 21 to 59 years old
You are salaried individual working as permanent staff
You are maintaining salary account with BOP for at least six months
Your net monthly salary is Rs.80,000/- or more
Your length of employment with current employer is minimum 03 years

Disclaimer: Prices and Calculations might have slight variation depending on KIBOR or any other variable rates. Prices can be verified from respective bank(s)