Meezan Bank is an Islamic bank situated in Karachi, Pakistan. The Bank initiated tasks in 2002, as the primary ever Islamic business bank in Pakistan.
Car Financing Products
The bank's Ijarah unit gives car financing dependent on the standards of Ijarah and is free of the component of premium.
Meezan Bank's Car Ijarah is a car rental understanding, under which the Bank buys the car and rents it out to the client for a time of 3 to 5 years, concurred at the season of the agreement. Endless supply of the rent time frame the client gets responsibility for car against his underlying security store.
The banks likewise offers remaining car Ijarah which is the estimation of a benefit at the finish of the rent term or the cost at which a fixed resource is relied upon to be sold toward the finish of its valuable life.
In view of the above definition, Meezan Bank Car Ijarah enables clients to bear the cost of extravagance with economy, where the client can appreciate the advantages of facilitated rental. A high remaining quality would result in a lower month to month rent.
Features and benefits
Eligibility
You can appreciate the advantages of Car Ijarah on the off chance that you:
Car Financing Products
The bank's Ijarah unit gives car financing dependent on the standards of Ijarah and is free of the component of premium.
Meezan Bank's Car Ijarah is a car rental understanding, under which the Bank buys the car and rents it out to the client for a time of 3 to 5 years, concurred at the season of the agreement. Endless supply of the rent time frame the client gets responsibility for car against his underlying security store.
The banks likewise offers remaining car Ijarah which is the estimation of a benefit at the finish of the rent term or the cost at which a fixed resource is relied upon to be sold toward the finish of its valuable life.
In view of the above definition, Meezan Bank Car Ijarah enables clients to bear the cost of extravagance with economy, where the client can appreciate the advantages of facilitated rental. A high remaining quality would result in a lower month to month rent.
Features and benefits
- Remaining Value Ijaraah with Indus Motors
- Financing of new and trade-in vehicles (neighborhood and imported)
- Low month to month rental
- Rental paid after conveyance, not progress of time
- Quickest preparing and conveyance
- Tracker choice accessible
- Least security store as low as 10%
Eligibility
You can appreciate the advantages of Car Ijarah on the off chance that you:
- Are a salaried individual/independently employed proficient/agent
- Have a net salary surpassing multiple times your month to month rental
- Have two years working/proficient/business experience
- Are working with your present boss for no less than a half year (for salaried people)
Comments
Post a Comment