People are looking the Meezan Bank Car Financing Calculator 2021 Car Ijrah is all here now if you want to know that how you can get done with the used car financing requirements by the Meezan bank then here is this method. We have seen that this bank named by Meezan bank has come up with this economical kind of scheme and all the people can avail this used car financing. Below is the detail of this method of used car financing by the 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 the locally assembled and also for the 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 Financing Calculator 2021 Car Ijrah
Meezan Bank is giving the car opportunity to the customer as well as they are giving the car hijrah services to the non-residence 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 2021 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 will be up to 2 years of age is 20%, and the minimum security deposit for a vehicle will be over 2 years of age is 30%.
- Make sure that at the time of maturity of this Ijarah agreement, that vehicle financed should not be more than 8 years old. If the car will be 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.
- For all the second-hand vehicles, they should not be worth or they should not have a value 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 schemes and you also want to have regular kinds of updates of these kinds of offers then you can get them right from here.