Bank Alfalah Auto/Car Financing detail and Installments Procedure

Bank Alfalah Auto/Car Financing detail and Installments Procedure

Bank Alfalah provides auto loan service to its customers. Now you can get a car by Alfalah auto loan. Today every person wants to own a car by Alfalah auto financing. So according to the need of customers, bank Alfalah start a service of bank Alfalah auto loan/Alfalah car financing. Bank Alfalah branches are opened in almost all cities all over Pakistan. You can visit your nearest Bank Alfalah branch for getting Alfalah Car financing and take information about the installment procedure.

You can use the Alfalah car financing calculator to calculate the monthly installments. Alfalah auto loan car financing helps you with the payment method according to your own wish and easiness. You can become an owner of the car by Alfalah auto loan car financing. Bank Alfalah helps its customers to pay round sum balloon payment up to 50% of financing value at the end of financing duration to increase the reasonability and cost-effective method for its customers.

Alfalah Bank Auto Loan and car fianancing

Characteristics and Advantages

Following are the benefits that Bank Alfalah provide to its convinient customers about Alfalah Auto Loan

  • Depends on customer that he may choose new, used or imported car for his own use.

  • Financing duration up to 7 years.

  • Reasonable interest rate will be fixed or variable.

  • Easy and tension free process and minimum documents required.

  • Insurance will be paid by bank.

  • Free vehicle replacement.

  • You can pay in monthly installments.

  • Quickly process to get loan

  • 24/7 access  to Alfalah phone banking

Bank Offers

  • Toyota (Corolla, Hilux & Fortuner)
  • Honda (City & Civic)
  • Suzuki (Cultus, Swift & Wagonr)
  • Insurance and registration of the vehicle to help the customers
  • Zero replacement charges
  • Customer has the right to choose that interest rate will e variable or fixed.
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Documents Required

  • Completely filled application form

  • A duplicate of Computerized National Identity Card (CNIC)

  • Two Passport size pictures

  • Salary Slip of the employee

  • Last Six month Bank Statement

Eligibility Criteria

  • Candidate should be Pakistan

  • Candidate age should be between 21 to 65 Years

  • Candidate should receive income from employment/business/rent/agriculture/abroad

Interest Rate

Fixed Interest Rate

01 Year02 Year03 Year04 Year05 Year06 Year07 Year

New Vehicle



Imported Vehicle



Semi New Vehicle



Used Vehicle



Variable Rate

Variable Interest Rate

02 Year03 Year04-05 Year06-07 Year

New Vehicle

K + 3.50%

K + 4.00%

K + 4.50%

K + 5.00%

Imported Vehicle

K + 5.00%


Semi New Vehicle

Used Vehicle

Apply Now for Bank Alfalah Auto Loan

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You can call on 111-225-111 for further detail regarding Bank Alfalah Auto Loan.

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Tassadaq Ali Editor at Bankingpk
I am Tassadaq Ali: A Seasoned banking specialist skilled in all banking Blogging and information. Always elevating with expertise in business and finance insights. Explore now for top-notch advice on rest days.

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