Complete guide: How to get a car on easy installments in Pakistan?

Can you imagine a life without cars these days? From day to day travelling to longer voyages, cars have become a necessity in our lives. Every household, whether privileged or underprivileged, demands the services of these vehicles to move from one place to another. However, while the rich can afford several cars at a time, middle-class families and lower have a tough time saving up for even one. Does that mean they spend years of their life without travelling? No. Several budget options are available in Pakistan that allow you to buy a car in easy installments.

Here are five ways to get a car in easy installments in Pakistan:

1. Pak Suzuki Car Financing Program

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Suzuki Finance Arrangement Program is the most convenient and hassle-free way of getting your car financed. Now you can sit back & relax at your home or office and apply online! Suzuki Finance arrangement program is a one of its kind innovative financing solution having multiple value-added benefits.

The Advantages of getting your car financed through the Suzuki Finance Arrangement Program are:

  • Fast & Hassle-free processing
  • Equity as per your affordability
  • Comprehensive Insurance at the lowest rates
  • Priority Deliveries
  • Peace of mind with a free 3rd Year Extended Warranty
  • Best competitive & affordable rate
  • Transparent Deals

2. HBL Car Loan

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Don’t just dream; get your dream car. HBL offers a flexible and hassle-free financing facility that enables you to own your dream car and provides financing up to 85% of the value of your desired car.

HBL car loan offers you the freedom to choose any vehicle on a fixed mark-up rate facility to suit your requirements​.


  • The financing limit is between PKR 200,000 to PKR 3,000,000.
  • Repay within seven years
  • Choose any vehicle, new or used.
  • Receive financing up to 85% of the value of a preferred car
  • Secured insurance at all times for peace of mind (with tracker facility)
  • Multiple Partial payment facilities as per your convenience
  • Our network of over 150 eligible dealers means you have lots of brands and cars to choose from
  • HBL has over 1600 branches; you can apply for a car loan at your convenience by visiting your nearest branch or through other alternate channels
  • 24/7 support available through HBL Phone Banking
  • ​ Dedicated after-sales service.​

3. Carwan Reliable Cars Installment Plan

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Car Wan facilitates Hassle-free Financial opportunity in getting your dream car without paying too much upfront / down-payment. Whether you are looking for a used or new car, we got you covered by easy Auto payment plans everywhere in Pakistan. They have a different range of Auto Finances as per your conveyance.

4. Bank Al Habib Roshan Apni Car

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We are now offering Roshan ApniCar (Auto Finance) facility to individuals having a Roshan Digital Account at Bank AL Habib Limited to purchase a vehicle for their spouse/parents/children residing in Pakistan.

Product Eligibility Criteria :

  • Financing facility for brand new locally assembled vehicles.
  • Non-Resident Roshan Digital Account (RDA) holder at Bank AL Habib Limited (BAHL) with Resident Pakistani Spouse/parents/children/Siblings as co-borrower or Resident Pakistani having RDA at BAHL.
  • Having minimum working experience is as follows:
    • Regular Salaried individuals with minimum 2 years experience of current employer.
    • Contractual Salaried individual with a minimum 3 years experience.
    • Self-Employed Professionals (SEP) and Business Individuals with minimum 3 years of experience in a similar profession / professional setup.
  • Having a minimum net monthly income of:
    • Employed / Working in Gulf Countries: Equivalent to DHS 10,000/-
    • Employed / Working in Non-Gulf Countries: Equivalent to USD 3,000/-
  • Minimum Down Payment 15-45% depending upon the vehicle’s variant of Permanent Resident Card / Nationality for Non-Gulf Countries and Residency / Resident Card for Gulf Countries.
  • Having clear credit history.
  • Vehicle to be registered in the borrower’s name or spouse/parent/child / Siblings as co-borrower.
  • Facility to be disbursed and monthly installments paid from Roshan Digital PKR Account.
  • For lien-based facility, 100% lien marking on financing amount on PKR deposit, 120% on foreign currency deposit.
  • Processing fee, documentation, etc., to be charged as per the Bank’s Schedule of Charges.
  • Minimum age at the time of application: 25 years.
  • Maximum age at financing maturity: 60 years for salaried, 65 years for SEP.

For lien-based facilities, minimum experience, minimum income requirement, and restrictions of stated jurisdictions shall not be applicable.


5. MCB Car4U

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MCB Car4U provides Click here to visit the website financing solution to help you own the car of your dreams at competitive markup and insurance rates.

You can apply for an MCB Car4U loan if you have the income source through the following options:

  1. Salaried
  2. Self-Employed
    • Self-Employed Businessmen
    • Self-Employed Professionals
  3. Agriculturists
  4. Land Lords – Rental Income
  5. Foreign Remittances
  6. Income from Fixed/Term Deposits
  7. You can also jointly borrow with your Spouse through the income clubbing option

Key Features:

  • Competitive Pricing
  • Finance Tenor: Up to 7 years
  • You can finance new, used, local as well as imported cars
  • Finance up to 80% of vehicle value*
  • Comprehensive insurance
  • Option to finance a second or third car
  • Prepayment Option: this allows you to prepay part of the full amount of the loan after incurring a prepayment charge.
  • Through the facility repayment option, upgrade your existing car loan with a new loan with no penalty.

6. Faysal Bank Installment Plan

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For your convenience, we have collaborated with high-end outlets to meet your comfort and lifestyle needs. Choose from a broad range of products our alliance partners offer on a 0% installment plan. This means now you can pay your monthly installments at your convenience, without any mark-up.

0% Installment plan options vary from one alliance partner to another with tenures of 3, 6, 12, and 18 months.

  • Processing fee of PKR 600 on the application of every plan booked.
  • Choose from the widest range of tenures of 3 to 60 months.
  • Pay a low rate of 2 % on installment plans of 24 to 60 months.

7. UBL Drive

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With UBL Drive, get an outstanding car loan with the best possible financing solutions to make your dream car a reality. UBL provides convenient offerings and flexibility of payments to get you your dream car instantly.

Product Benefits and Features

  • Quick processing and minimal documentation
  • Minimum down payment
  • 15% (vehicles up to 1000 CC)
  • 30% (vehicles above 1000 CC)
  • Option for fixed or variable rates
  • Zero charges on Car Replacement Program
  • Flexible financing tenure
  • 1-7 years of financing available for all New & Used (Local) – (Vehicles up to 1000 CC)
  • 1-5 years of financing available for all New & Used (Local) – (Vehicles above 1000 CC)

What are your thoughts on this? Please share with us in the comment section below.

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