We are now offering Roshan ApniCar (Auto Finance) facility to individuals having a Roshan Digital Account at Bank AL Habib Limited to purchase a vehicle for their spouse / parents / children residing in Pakistan.
For lien based facility, minimum experience, minimum income requirement and restrictions of stated jurisdictions shall not be applicable.
|Rate||Lien Based||Non-Lien Based|
|Variable Rates||SBP Floor+1.0%||KIBOR+1.0%|
|Fixed Rates||Certificate of Deposit Rate (COD*) + 1%||Respective (PKRV**) + 1.5%|
*Prevailing Certificate of deposit rate of Bank AL Habib Mahana Munafa account for respective tenure to be applied.
**Respective PKRV of the last day of previous month to be applied.
Below mention fixed rates are applicable for the month of June 2023
|Fixed Rates (Lien Based)|
|Tenure||COD Rate||Bank's Spread||Applicable Rate|
|Fixed Rates (Non-Lien Based)|
|Tenure||PKRV||Bank's Spread||Applicable Rate|
|Without Tracker||With Tracker||Value Added Services (apart from comprehensive coverage-bumper to bumper)|
|1.50%||1.99%||Accidental death Coverage up to PKR 2.5 Million|
|2.25%||2.50%||1) Full outstanding finance amount to be paid in the event of accidental death of Roshan Digital Account Holder.|
2) Free Medical expense cover upto PKR 1 Million, in case of hospitalization of RDA holder for 30 days during stay in Pakistan.
|2.90%||3.50%||Accidental death Coverage up to PKR 2.5 Million|
|2.90%||3.50%||1) Accidental death Coverage up to PKR 2.5 Million|
2) Health insurance plan up to 20.00% of vehicle or PKR 500,000 whichever is less
3) Online Medical consultancy
4) Travel Insurance Plan up to USD 50,000
|Habib||1.38%||1.85%||1) Accidental Death Coverage up to PKR 2.5 Million |
2) Payment of full outstanding auto finance amount in case of RDA holder’s death
3) Travel Insurance Plan up to USD 50,000
4) Tracker Facility from A rated Company
5) Speedy Claim Approvals because designated surveyors has been deputed
|Century||1.75%||2.25%||Accidental Death Coverage of principal amount or maximum up to PKR 2.5 Million|
|Manufacturer||Variants||Tentative Delivery Time||Offer by Manufacturer|
|Honda Atlas||City||2 to 3 months||No Priority Delivery|
|Civic||3 to 4 months|
|Kia||Sportage||3 months||Priority delivery up to half from the actual tentative delivery time|
|Indus Motors||Yaris||2 to 3 months||Delivery time will be communicated as per manufacturer's confirmation|
|Corolla 1.6 & 1.8||6 to 7 months|
|Fortuner||6 to 7 months|
|REVO||6 to 7 months|
|Grande||6 to 7 months|
|Pak Suzuki||Alto||2 months||Delivery time will be communicated as per manufacturer's confirmation|
|Hyundai||Tucson||6 to 7 months||Stock available (subject to vehicle's colour availability)|
For Non-Resident RDA holder, Resident Pakistani shall be added as co-applicant for vehicle registration and legal documentation purpose.
For lien based facility, credit report from country of stay, and income related documents shall not be mandatory.