The banking sector in Pakistan has made it easy for the general masses to get their dream cars on monthly installment basis. No doubt these installments increases the market price of the vehicles but at the same time give the customers reliefs in the shape of insurance, easy installments, and several other accidental coverage issues.
Almost each bank in Pakistan is offering car loan scheme, and in these offers, one marvelous offer is by the HBL.
What HBL is Offering in its Car Loan Scheme?
- HBL allow its customers to get any car – new, used, local, imported, etc.
- The customers can pay the amount with up to seven years of the plan.
- Almost 85% financing of the car will be paid by the HBL.
- Insurance is available for all type of cars
- HBL will offer 24-hour support, and the customers can track the loan account and repayment status anytime. Other value added services are also the part of this support.
Which Cars HBL is Offering Under its HBL Car Loan Scheme?
You can get any car either it is new, used, locally manufactured or imported.
Who can apply for HBL Car Loan?
If you are a salaried or self-employed business person/professional having a regular, stable and verifiable income stream, you can apply for HBL Car Loan.
How will I make the monthly installment payments for my HBL CarLoan facility?
For your convenience, a non-checking repayment account will be opened in your name so that you can easily deposit your monthly installment in the same through any HBL branch.
Can I repay the loan before the maturity date?
Yes, you can settle your car loan before the maturity date. However, certain charges will apply.
HBL Car Loan Eligibility Criteria
| Requirements | Salaried Individuals | Self-Employed Business persons/Professionals |
| Citizenship | Pakistani | Pakistani |
| Age | 22-60 years | 22-70 years |
| Minimum monthly income | Rs. 20,000 | Rs. 25,000 |
HBL Car Loan Documents Required
Salaried Individuals
- A copy of CNIC.
- 2 recent passport size photographs.
- Latest original salary slip and personal bank statement for last 3 months.
Self-Employed Business persons/Professionals
- A copy of CNIC.
- 2 recent passport size photographs.
- Bank statement for last 6 months and bank letter confirming details of the account.
- Proof of business.
How to Apply Online for HBL Car Loan
Move to this link to fill the online form to apply for HBL CarLoan.
http://www.hbl.com/carloanleadform
HBL Car Loan Calculator
http://sprg-uat.cloudapp.net/carloancalculator
