A Musharakah based facility enabling you to get the car of your dreams.
HBL Car Finance is based on the concept of Diminishing Musharakah. Under this arrangement, bank and customer become joint owners in a vehicle with an agreed investment ratio. Bank’s ownership share of the vehicle is divided into units which customer purchases periodically to ultimately become complete owner of the vehicle. Till the complete ownership, customer pays agreed rentals for using bank’s share in the vehicle.
All bank charges will apply as per the prevalent Islamic Schedule of Bank Charges.
Terms and conditions apply.