We have already shown you the main features and general information about the CarLoan offered by HBL.
Now it’s time for us to explain a little bit about how your application process works. Therefore, continue reading this text and find out how to apply for your loan today!
Eligibility
Wage earners
- The applicant must be a Pakistani citizen.
- Applicant be 22 or older at the time of applying for the loan and a maximum of 60 or retirement age, whichever is less
- Minimum monthly income of PKR 20,000.
Pensioners:
- The applicant must be a Pakistani citizen
- Maximum age of applicant 70 years at the time of maturity
- Applicant must have pension account relationship with HBL
- Minimum monthly income of PKR 20,000
Entrepreneurs and self-employed:
- The applicant must be a Pakistani citizen.
- Applicant be 22 years or older at the time of applying for the loan and maximum 70 years or less at the time of maturity
- Minimum monthly income of PKR 25,000.
Required documents
- Original copy of CNIC along with verified copy
- two recent photographs
- Latest original pay slip and personal bank statement for the last three months
- If you are an entrepreneur or self-employed: proof of occupation/business
Review
Before taking out a new line of credit, it is very important to analyze whether the characteristics of this loan make sense for you and meet your needs.
Therefore, carefully read the details of the loan, as well as its payment term, monthly installments and interest rate. That way, you protect yourself and ensure that you are making a good choice for your financial life.
Apply
Have you decided that the HBL CarLoan loan line is a good option for you and do you want to apply for it as soon as possible?
Then click the button below! You will be redirected to the bank’s website and there, just follow the instructions that will appear on your screen.