Car ijarah Requirement• Complete application • Six month bank statement, sing. &

stamp• Signature verification• Copy of NIC & 2 reference NIC

copies• Two passport size photographs• Copy of valid driving license• Copy of utility bills• Letter head of business• Salary slip• Processing charger Rs. 3000

Term and condition• Meezan bank not take insurance

in down payment

• Registration and delivery charges will be paid by bank at time of delivery but recovered after month later in first month.

• Customer age should not more than 65 year at maturity

• Rent will be started after one month delivery of vehicle

Process & valuation charges for new car (domestic)

If Less than 1 million

• Process charges 4000 PKR

If greater than one million

• Process charges 5000 PKR

Process & valuation charges for used car (domestic)

If les s than 1 million

• Process Charges 3000 PKR• Valuation Charges 1500 PKR

If between than 1 million to 1.5 million

Process Charges 4000 PKR Valuation Charges 1500 PKR

If greater than 1.5 million

Processing charges remain sameActual valuation charges charge

Process & valuation charges of (commercial vehicle)

If less than 1 million • process charges 4000 PKR

Out station verification charges• 500 to 1000 depend upon distance

Car offering by Meezan bank

• Suzuki

• Honda

• Toyota

• Nissan

• Hyundai

• Mitsubishi

• Suzuki Product offering by Meezan Bank• Mehran VXS• Mehran CNG• Mehran CNG AC• Alto VXP• Alto VXP AC• Alto CNG & AC• Cultus • Cultus CNG & AC• Liana• AVP CNG 1.5• Jimny• Bolan• Ravi• Swift

Honda Product

• Honda Civic VTEC• Honda Civic VTEC

Prosmatic• Honda Civic VTI • Honda City VTI• Honda City I-VTE CVT 1.3L• Honda Accord• Honda CPV (4WD)

Hyundai Product• Hyundai Santro Exective• Hyundai Santro GV• Hyundai Santro Club• Hyundai Santro Club GV• Hyundai Santro Prime• Hyundai Santro Prime GV• Hyundai Shahzore Pick Up• Flat Deck Pick Up• Deck Less Pick Up

NISSAN Product By Meezan Bank• SUNNY S/Saloon 1600 cc M/T• SUNNY EXS 1300 cc M/T• SUNNY EXS 1300 cc A/T• SUNNY EXS 1600 cc M/T• Sunny EXS 1600 cc A/T• CERIFO 2300 cc A/T• XTRAIL (LE-6F) 2200 cc Diesel• XTRAIL (SLX-6F) 2200cc Diesel• XTRAIL (LE-5F) 2500 cc Petrol M/T• XTRAIL (SLX) 2500 cc Petrol A/T• PATROL TD42 SGL Grade Diesel M/T

New Car Payment Calculator  Use our online calculator to calculate your flexible payment plan  

 Select Car Vendor Suzuki

 Select Car any

 Security Deposit 20% To50%

 Tenure 3 to 5 year

 Car Delivery Immediate/Booking

 Booking Period In Months 1 To 12

Suzuki200480000025%3 yearsCalculate

Old Car Payment Calculator

Use our online calculator to calculate your flexible payment plan  

 Select Car Vendor Honda Select Model 2004 to2009 Car Price 250000 to 1.5 million Security Deposit 20% to 50% Tenure 3 to 4 year

Used vehicles costing over Rs. 1.0 million should not be more than 2 years old.  

TERM AND CONDITION (FOR OLD CAR)

• The second hand car selected should not be more then twice registered.

• The vehicle should not be older than 5 years.• The minimum security deposit for a vehicle up to 2 years

of age is 20%, while minimum security deposit for a vehicle over 2 years of age is 30%.

• At the time of maturity of Ijarah agreement, the vehicle should not be more than 8 years old. This means that if a car is 5 years old, the Car Ijarah tenure is not more than 3 years and if its 4 years old, the tenure may be set for a maximum 4-year term.

• Second hand vehicles selected should not be worth more than Rs. 1.5 million and less than Rs. 250,000/-. Meezan Bank will have the vehicle valued by an independent valuation company accordingly.

CALCULATION

• Vehicle cost security deposit total Monthly rent COROLA GLI 1414000 353500 (25%) 32501(5

year) 1414000 424200 (30%)

30667(5year) 1414000 494900 (35%) 28833(5

year) 1414000 565600(40%)

26999(5year) 1414000 636300(45%)

25165(5year) 1414000 707000(50%)

23331(5year)