Meezan Bank Interest Free Car Installment Plan
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Meezan Bank Apni Car | Interest Free Car Installment Plan Nov-2025

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Last Updated on: 22nd July 2025, 10:44 pm

If you’ve set your sights on owning a car but lack the funds, there’s good news for you! Meezan Bank offers an interest-free car financing option, making it Pakistan’s pioneer in interest-free car financing services.

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Meezan Bank Apni Car | Interest-Free Car Installment Plan

Utilizing Link’s Islamic financing method, this unique product caters to individuals seeking interest-free financing for locally assembled budget-friendly vehicles.

Here’s how you can embark on your journey towards car ownership with Meezan Bank:

Easy Application Process

Approaching Meezan Bank is the first step to realizing your dream of owning a car. The bank extends a hassle-free tenure of five years to make your car ownership experience smooth and affordable.

Eligibility Criteria

To qualify for Meezan Bank’s car financing, you must meet certain criteria, ensuring a straightforward process. This facility is available for locally assembled and complete blood pusher vehicles. A security deposit ranging from a minimum of fifteen percent to a maximum of fifty percent of the vehicle’s price is required.

Additionally:

  • Both data checks and the applicant’s financial history should be clear at the time of gas approval.
  • This facility is accessible to Maam Roshan digital account holders, including foreign currency account orders.
  • Enjoy the benefit of no processing charges; however, documents and security perfection charges are payable by the applicant upon case approval.
  • Monthly payments will be deducted directly from the KPKR Vision account via debit.
  • The vehicle can be registered in the name of the applicant, the borrower’s sibling, or any other blood relative.
  • For non-filers, a seven percent advance tax on the vehicle’s value applies at the time of delivery.
  • Applicants must be at least twenty-five years old.

Apni Car Meezan Bank Update

Thanks to Meezan Bank’s support, customers can now drive away in their chosen car with the convenience of easy five-year installments. Avail yourself of this opportunity by making just a 15% down payment before August 31, 2025.

If you also want to apply for the Mera Pakistan Mera Ghar Scheme, read our article.

Car Ijarah Eligibility

To further streamline the process, here are the eligibility requirements:

  • A certified bank statement of the last six months endorsed by the embassy.
  • Copy of CNIC of the nominee.
  • Qiyam Malik Credit Bureau Report.
  • For income against remittance, a bank statement of the last six months of remittance is necessary.
  • Provide your latest employment certificate, including the last date of joining.
  • Submit the bank statement of the last six months reflecting credited salary.

Visit your nearest Meezan Bank branch to kickstart your journey towards car ownership with ease.

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