✅MCB Car4U – MCB Car Loan – Car Loan Calculator – Car Loan In Pakistan – Car Loan Complete Details

Life in the fast lane can be really slow without a car!
MCB Car4U, provides a one-stop financing solution to help you own a car of your dreams at competitive markup and insurance rates.

You can apply for MCB Car4U loan if you have the income source through the following options:

Salaried
Self-Employed
Self-Employed Businessmen
Self-Employed Professionals
Agriculturists
Land Lords – Rental Income
Foreign Remittances
Income from Fixed/Term Deposits
You can also jointly borrow with Spouse through income clubbing option

Competitive Pricing
Finance Tenor: Up to 7 years
You can finance new, used, local as well as imported cars
Finance up to 80% of vehicle value*
Comprehensive insurance
Option to finance a second or third car
Prepayment Option: allows you to prepay part of full amount of the loan after incurring prepayment charge.
Through facility repayment option, upgrade your existing cars loan with a new loan with no penalty

Net Income: PKR 30,000 per month
Minimum Age Requirement: 21 years*
Maximum Age (at loan maturity):
65 years (salaried) and
70 (Self Employed)
Employment Length:
Minimum: 6 months employment (salaried)*
Business Length: Minimum: 1 year business (self-employed)*
Minimum 6 month’s remittance history through banking channel (Foreign Remittance Segment)

No processing fee is payable if the loan is not approved
Take delivery of vehicle immediately upon its availability without waiting for the registration
160+ approved Auto dealership across the country
Quick processing, through dedicated operations teams in Karachi, Lahore and Islamabad
Quick NOC issuance at the expiry of the loan tenure
Consumer Offices/Customer Walk-in Centers in 11 major cities.

Minimum Documentation

Copy of CNIC
2 passport sized recent photographs
Bank statement (6 month to 1 year)
Salary slip/ proof of business or other documents

MCB Car4U has a complete solution for you with the following mentioned benefits:

Contact Details

Visit your nearest MCB branch or contact our call center at 111-000- MCB (622). You may

also dial 042-35987979 for MCB’s Consumer Helpdesk.

Availability

MCB Car4U can be availed through any of our 140+ approved Car dealers, by visiting any of our Customer Walk-in Centres, through our Call Centre, and/or through a network of 1,050+ Car4U approved branches.

Special Convenience/ Services:

• Agriculturists, landlords and foreign remittance recipients are eligible

• No processing fee is payable if the loan is not approved

• Drive away your car immediately after delivery of the vehicle – no need to wait till

registration.

• 140+ approved Auto dealership across the country

• Quick processing, through dedicated operations teams in Karachi, Lahore and

Islamabad.

• Quick NOC issuance at the expiry of the loan tenure

• Consumer Offices/Customer Walk-in Centers in 12 major cities

Features and Benefits
Finance up to PKR 6 Million for New Cars & PKR 4 Million for Used Cards
Finance Tenure from 1 to 7 years
Option to purchase new, used, local as well as imported cars
Finance up to 80% of vehicle value*
Competitive insurance rates
Option to finance a second car
Options to prepay loan either partially to reduce monthly installment or in full to
Pay-off loan facility.
Loan Replacement: Customers can easily upgrade their existing cars loan with a new
loan with the pre-payment penalty waived
Required Documents
Copy of CNIC
2 passport sized recent photographs
Bank statement (6 month to 1 year)
Salary slip/ proof of business or other documents

#CarLoanInPakistan #MCBCarLoan #CarLoanCalculator #iconofpakistan

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