People are looking at the Meezan Bank Car Loan Calculator 2024 Car Ijrah is all here now if you want to know how you can get done with the used car financing requirements by Meezan Bank then here is this method. We have seen that this bank named Meezan Bank has come up with this economical kind of scheme and all the people can avail of this used car financing. Below is the detail of this method of used car financing by Meezan Bank. We have seen that apart from leasing new cars, now Meezan Bank has also been giving this unique kind of offer and also the opportunity of leasing second hand, it is for both locally assembled and also for imported vehicles. This application and this offer have been specifically designed for the economical option. This facility is available just at a minimum-security deposit and it is as low as 20%. Now financing of used cars will be followed up by the following Selection Criteria.
Meezan Bank Car Loan Calculator 2024 Car Ijrah
Meezan Bank is giving car opportunities to customers as well as they are giving car hijrah services to the residents of Pakistan. People can calculate the interest rate from the official page as well as available on this page. Have a look down and gather the Meezan Bank Bar Financing Calculator 2024 Car Ijrah.
Details Of Meezan Bank Used Car Financing Requirements:
- It is to be noted that the second-hand car should be selected not more than twice registered.
- You have to keep in mind that the vehicle should not be older than 5 years.
- It is to be mentioned that the minimum security deposit for up to 2 years of age is 20%, and the minimum security deposit for a vehicle over 2 years of age is 30%.
- Make sure that at the time of maturity of this Ijarah agreement, the vehicle financed should not be more than 8 years old. If the car is 5 years old, then you have to keep in mind that the Car Ijarah tenure will not be more than 3 years and if the car is 4 years old, then tenure will be set for a 4-year term.
- All second-hand vehicles, should not be worth or should not have a value of more than Rs. 1.5 million and they should also not be less than Rs. 250,000/-
So, this was all about the Meezan Bank Used Car Financing Requirements, Calculator. If you also want to have in hand another kind of used car banking scheme and you also want to have regular kinds of updates of these kinds of offers then you can get them right from here.
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