Allied Bank Car Loan 2021

Allied Bank now offers its clients a car loan service with low margin rates and flexible payment options. Now is the time to fulfill your dreams of owning your own car with the flexibility of choosing your own payback period of up to 7 years. All persons with Pakistani citizenship with the minimum age of 21 and the maximum of 59 can apply with a simple procedure. If you have a minimum salary of RS 40,000 in any department, you are an Allied Bank employee; in both cases you are eligible for the scheme.

Allied Bank Car Loan Eligibility Criteria

You are eligible for a vehicle loaned by Allied Bank if:

  • You have Pakistani nationality
  • Your age is 21 to 59 years old.
  • Is employed and salaried as permanent staff
  • You have maintained your account with ABL for a minimum of six months.
  • Your monthly salary is PKRs 40,000 or more.
  • Your service interval with your current employer is at least 03 years.

Allied Bank Car Loan Benefits

  • No hidden costs
  • Financing up to PKRs. 6 millions
  • Very economical markup rate
  • Simple and straightforward documentation
  • Capacity of up to 80% financing
  • Quick and easy application processing with the shortest response time
  • Flexibility to choose the Refund Age up to 7 years. (Amortization from 12 to 84 months)

Allied Bank Car Loan Required Documents

  • Last six months Bank statement
  • Copy of CNIC / NICOP / Smart NIC
  • 2 recent passport size photos
  • Salary slip or salary certificate for the last two months, which visibly represents gross and total salary with details of all deductions
  • Completed and duly signed “application form” with the branch’s verification signature.

Allied Bank Car Loan 2021 Calculator

For advice & information about Allied bank car finance, click this link of car loan calculator

How to Apply for Allied Bank Car Loan 2021

There is no online process for car loan. Go to your nearest ABL Office to apply for Allied Bank Car Finance or dial 111-225-225.

OR click the link and fill the form for any query

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