Compare Financial Products
Select 2-4 products to compare side by side. See fees, rates, rewards and eligibility at a glance.
| Feature |
Meezan Bike Ijarah
|
Meezan Women First Car Ijarah
|
|---|---|---|
| Loan maturity | — | — |
| Applicant Age | 20 years to 65 years of age at the time of maturity (Businessmen & Self-Employed Professionals); 21 years to 60 years (Salaried Individuals) | — |
| Monthly Installments | — | — |
| Markup Rate(Fixed) | — | — |
| Financing limit | — | Maximum financing of Rs. 3 Million Net Financing Amount |
| Repayment tenure | Up to 2 years for Chinese / Pakistani bikes; Up to 3 years for Japanese bikes | Financing period 1 to 3 years for all local manufactured vehicles above 1000 CC; 1 to 5 years for vehicles up to 1000 CC |
| Life insurance coverage | — | — |
| Financed Amount | — | — |
| Security Deposit | Down Payment: Minimum 15% of cost of the vehicle and Maximum 50% of cost of the vehicle | Security deposit / advance rental: Minimum 30% SD for all vehicles |
| Minimum monthly income (Salary, ) | PKR 40,000 | — |
| Eligibility | 40% of net monthly income (For Salaried, Self Employed-Person and Businessmen) | Net take home income in excess of 2 times the monthly rental (inclusive of takaful); all monthly payments including proposed Ijarah rental not to exceed 40% of net income |
| One-time Processing Fee | Non-refundable processing fee of PKR 2,200 + FED | No processing charges, 100% waiver |
| Annual Charges | — | — |
| Limit enhancement fee | — | — |
| Late payment charges | — | — |
| Loan Category | — | — |
| Maximum Tenure | Up to 3 years | Up to 5 years (vehicles up to 1000 CC) |
| Tentative rate | — | — |
| Additional Benefits | — | — |
| Free Insurance & Processing Fee | — | — |
| Interest Rate | — | — |
| Loan Amount | — | Rs. 3 Million Net Financing Amount |
| Card/Cards | — | — |
| Borrrowing Amount | — | — |
| Educational Loan | — | — |
| Return Policy | — | — |
| Deferment Conditions | — | — |
| Flat rate | — | — |