Dubai Islamic Bank Car Finance

Dubai Islamic Bank’s benefits and features of financing for used and new vehicles for personal use are as follows.

Features and Benefits

Car Type

Car financing for new and used vehicles

Payment Plan

Tenure options ranging from 1-7 years

Easy Processing

Ready-to-go delivery and advance booking

Financing Amount

Financing of 70% to 85% of vehicle value

Takaful Coverage

Low Takaful rates as compared to other banks

Shariah Compliant

Products available under Shariah complaints and Riba free transactions

Car Loan Calculator

New Car
Used Car

Being the first Islamic bank in the world, Dubai Islamic Bank is a pioneering organisation that has merged the best aspects of traditional Islamic ideals with the creativity and technology that define the best in contemporary banking. In 2006, Dubai Islamic Bank Pakistan Limited (DIBPL) opened for business. Since then, DIBPL has made significant efforts to broaden its branch network throughout the nation. Modern Shariah-compliant products that The Bank offers effectively compete with those that are provided on the market by traditional banks.

Required Documents

Copy of primary applicant’s CNIC
Copy of co-applicant CNIC (if applicable)
2 passport-size photographs
Current salary slip
6 months' Bank statement (if applicable)
Bank certificate (if applicable)

Eligibility

You should be a Pakistani Identity Card Holder
Minimum income is PKR 25,000/-
Minimum employment duration: Salaried: 3 months, SEP: 6 months, SEB: 12 months
Minimum age limit is 21 years (for salaried, SEP/SEB)
Maximum age limit is 60 years (salaried) and 65 years (SEP/SEB)

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