You must be 22 years old, Pakistani citizen residing in Pakistan or abroad having a regular, stable and verifiable income stream to apply for HBL Car
a Non- Resident Pakistani maintaining relationship with HBL Pakistan and/ or
HBL international can also apply for HBL CarLoan facility. For details please
contact HBL Phone Banking at 111-111-425 or visit your HBL nearest branch.
Yes, two people can jointly apply for the CarLoan
facility as Co-borrowers. Subject to fulfillment of certain criteria the
Co-borrower’s income will be clubbed with your income to meet the requirement.
If you are interested in availing HBL CarLaon please
visit your nearest HBL Branch or you can also apply online and our
representative will get in touch with you
No, HBL HBL does not charge you an auto loan application form
Yes. Based on the fulfillment of certain criteria, existing HBL customers are entitled to certain privileges and benefits. For details please contact HBL Phone Banking at 111-111-425 or visit your nearest HBL branch.
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 multipayment payment options:
The CarLoan repayment account is a non-checking
account .in which you can only deposit your CarLoan monthly installment amount.
No other banking transactions can be made from this account. While the borrower
can deposit monthly home loan instalment amount in this account other banking
transactions and withdrawals cannot be performed.
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.
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.
Yes, you can make partial payment during the tenure. However, certain charges will apply as per the prevailing SOC's. For details please contact HBL Phone Banking at 111-111-425 or click here for detailed Schedule of charges
Yes, you can settle your car loan before the maturity date. However, certain charges will apply as per the prevailing SOC's . For details please contact HBL PhoneBanking at 111-111-425 or Click Here for detailed Schedule of charges
Apart from equity contribution, you have to pay processing fee, vehicle registration charges and first year insurance premium.
Following types can be financed
No, the premium amount over and above the list / ex-factory tax paid price will be borne by the customer.