Information courtesy of MCB Bank. Data is subject to change — verify with MCB Bank directly.
Product Specifications 8 details
Interest Rate
1 Yr KIBOR + 4% for MCB account holders (ETB); 1 Yr KIBOR + 4.5% for non-MCB account holders (NTB), tenor 1-5 years
Maximum Tenure
Finance Tenor: Up to 7 years
Financing limit
Finance up to 70% of vehicle value
Minimum monthly income (Salary, )
40000
Minimum Salary
Net Income: PKR 40,000 per month
Minimum Age (Years)
21
Applicant Age
Minimum Age Requirement: 21 years; Maximum Age (at loan maturity): 65 years (salaried) and 70 (Self Employed)
Eligibility
Employment Length: Minimum 6 months employment (salaried); Business Length: Minimum 1 year business (self-employed)
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