Car Financing
DBH Islamic Car Financing (ICF) is a customized product for an individual who wants to materialize his/her dream to own the car by Shari’ah-compliant Islamic financing mechanism of Hire Purchase under Shirkatul Meelk (HPSM). DBH Islamic offers car financing to the clients to purchase the Brand New, Reconditioned or used cars for the purpose of personal use with attractive terms and conditions.
- Financing up-to 80% of the car value.
- Any eligible individual or professional can avail the facility.
- Financing tenure from 12 to maximum 72 months.
- Easy documentation and fast approval within 3-5 working days.
- No hidden charges.
- Attractive and competitive rate of rent (RoR).
- Partial or full early settlement option after 6 months without any charges.
* Please contact our representatives to avail convenient service at your doorstep.
Required Documents
- Bio data/CV of the applicant.
- Passport size photographs (2 copies).
- Copy of National Identity Card.
- Copy of utility bill.
- Business Card
- Latest Bank statement for last 12 months.
- Latest acknowledgment receipt of Income tax return.
- Sanction Letters and Statements of existing loans/financing (if any).
- Financing processing fees.
- Copy of quotation from vendor for the vehicle to be purchased.
- Salary certificates/ Salary slips of last 3 months (including deductions).
For Businessmen
- Copy of latest Trade license.
- Statements of income and expenditure as per the type of business.
For Professionals
- Copy of professional certificate(s).
- Statement of income in the letterhead along with seal and signature.
