1. Bank Alflalah
What is the period of the loan?
The loan can be availed from 1 year to 5 years with early adjustment facility at any time before the
maturity.
How much initial down payment do I have to make?
10% of the value of the car.
What other charges do I have to pay?
You have to pay a onetime fee of Rs. 4,000/- being amount of processing and documentation charges
and first year’s insurance premium .
Financing Product 1Yr 2Yr 3Yr 4Yr 5Yr
Car Loan for Brand New Vehicles 17.50% 17.50% 18.00% 18.50% 18.50%
Car Loan for Brand New Imported Vehicles 19.00% 19.00% 19.00% 19.00% 19.00%
Band New Semi Commercial Vehicles (locally 20.00% 20.00% 20.00% 20.00% 20.00%
manufactured)
Second Hand Vehicles 21.00% 21.00% 21.00% 21.00% 21.00%
BANK OF PUNJAB
Tenure Minimum: 01 Year Maximum: 05 Years

2. Mark up Rate
Tenure
Mark-up
Rate
1 year
Avg. 1 Year
ask side
KIBOR + 400
bps with
floor of 17%
p.a.
2 Years
Avg. 2 Years
ask side
KIBOR + 400
bps with
floor of 17%
p.a.
3 & 5 Years
Avg. 3 Years
ask side
KIBOR + 400
bps with
floor of 17%
p.a.

3. Minimum
Govt. / BOP Employees
Equity
Pvt. Employees
SEP/SEB
10%
15%
20%
Down
Equity + Processing Charges + First Year Insurance + First Monthly Installment
Payment
Charges Processing Charges
Details
= Rs. 5,000/-
E-CIB Charges
= Rs.300/- per case
Guarantor e-CIB Charges
= Rs.50/- per report.
Documentation Charges
= Actual

4. Insurance Rate
= 4% from Insurance company on bank’ panel
Registration Charges
= Actual. Payable directly by the customer