SitemapContact UsDownloads Quick Links Freedom Account Term Accounts Current Accounts Foreign Currency Accounts Savings Accounts Amaan Tabeer Annual Accounts Public Documents Current Jobs     About Us Individual Customers Business Customers Investor Relations Careers   CarToCar Car Loan - Car Calculator - Car Showroom - FAQs Credit Cards Deposit Accounts Bancassurance Debit Card Phone Banking Mutual Funds     Frequently Asked Questions • Who can apply for HBL CarLoan? • Do I get any benefit if I am an existing HBL customer? • Is it possible for two people to jointly apply for HBL CarLoan? • How will I make the monthly installment payments for my HBL CarLoan facility? • What is the minimum balance that I am required to maintain in the repayment account? • Can I use the repayment account for other transactions? • Can I inquire about the status of my repayment account? • Can I make partial payment for my Car Loan during the tenure? • Can I repay the loan before the maturity date? Who can apply for HBL CarLoan? Whether you are salaried or self-employed business person/professional, if you have a regular, stable and verifiable income stream you can apply for HBL CarLoan. Top Do I get any benefit if I am an existing HBL customer? Yes. Based on the fulfillment of specific criteria, existing HBL customers are entitled to certain privileges and benefits. For details please contact HBL PhoneBanking at 111-111-HBL (425) or your relevant HBL branch. Top Is it possible for two people to jointly apply for HBL CarLoan? In case your income does not meet the minimum requirement, your spouse, parent or son can apply with you jointly as Co Borrower. Subject to fulfillment of certain criteria the Co Borrower's income will be clubbed with your income to meet the requirement. Top How will I make the monthly installment payments for my HBL CarLoan facility? For your convenience a non-checking repayment account will be opened in your name so that you can easily deposit your monthly installment in the same through any HBL branch. Top What is the minimum balance that I am required to maintain in the repayment account? There is no minimum balance requirement for the repayment account. However, to avoid any inconvenience please ensure that sufficient funds are available in the repayment account before the installment due date so that the installment amount can be deducted from the same accordingly. Top Can I use the repayment account for other transactions? The Car Loan repayment account is a non-checking account in which you can only deposit your Car Loan monthly installment amount. No withdrawals can be made from this account and this account cannot be used for other banking transactions. Top Can I inquire about the status of my repayment account? All HBL CarLoan customers will be enrolled for HBL PhoneBanking through which they will be able to inquire about their repayment account status as well as avail other related facilities. Top Can I make partial payment for my Car Loan during the tenure? You can make partial payment up to 20% of the outstanding principal per year. Top Can I repay the loan before the maturity date? You can settle your car loan before the maturity date. However, certain charges will apply. Top   Car Calculator   Car Navigator Select Make BMW Daihatsu Honda Hyundai KIA Master Mercedes Mitsubishi Nissan Suzuki Toyota Select Model   HBL CarLoan Finder Select CityKarachiIslamabadFaisalabadLahoreMultanRawalpindi         2010 HBL   Disclaimer   Privacy Policy