To apply for an Alfalah car loan you need the:
- Have the civil majority
- Be a resident citizen of Pakistan
- Have a monthly income and a stable job
- positive credit history
The following documents must be submitted:
- Official identification document
- Proof of address
- Bank statements and checks
- Documents proving the date of manufacture of the car
It is important to note that the bank may require other eligibility requirements, depending on the credit policy and financial market conditions, and the applicant’s profile.
Where to apply for the Alfalah car loan?
The Alfalah car loan application process can take place both online and in person at the Alfalah branches.
It is necessary to fill out the application form and forward the requested documents so that the bank can carry out a pre-analysis of your loan.
If approved, the other procedures will be face-to-face with the help of Alfalah bank consultants to direct you throughout the process.
How to pay the Alfalah car loan installments?
You will be able to settle the installments directly on your Alfalah account or through bank notes payable at any financial institution.
What are the financial characteristics of the Alfalah car loan?
- Affordable markup rates to choose from
- Residual value option to lower your installment
- A partial payment option is available
- Option to defer insurance and registration fees
- Zero charges on a car replacement option
If you are about to buy your new car, consider this option. Apply to the form right now to find out if Alfalah has an offer for you!