As a trusted Islamic banking institution, Meezan Bank offers a unique interest-free car financing scheme compliant with Shariah principles. Meezan Bank allows non-resident Pakistanis residing in Dubai, UAE, to finance Suzuki Alto 2023 in Pakistan for their loved ones. It could be a used or new car through the Meezan Roshan Apni Car program.
Through Meezan Roshan Apni Car, Dubai residents can conveniently purchase used Suzuki Alto vehicles in affordable instalments. The process ensures adherence to Islamic principles, eliminating any interest charges.
This remarkable initiative brings forth several benefits:
- Discounted monthly rentals for enhanced affordability.
- Favourable takaful rates for added convenience and peace of mind.
- Financing options are available for Suzuki-certified cars up to 3 years old, accompanied by a warranty.
- No early termination fees, allowing flexibility in the repayment process.
- No processing fees, reducing financial burdens associated with car financing.
Required Documents
- Scanned Copy of your CNIC/NICOP/POC
- Scanned Copy of the Passport’s first 2 pages (Pakistani and foreign country)
- Photograph (Live Photo)
- Signed & Scanned Signature Specimen Card (SSC):
- Click here for guidelines to provide the SSC on plain paper
- Click here to download and print the pre-defined SSC
- Proof of NRP Status (scanned copy of POC, visa, entry/exit stamps etc.)
- Proof of profession (Job Certificate, Employee Card, Iqama, Retirement Letter, Business Registration Document, etc.)
- Source of Income (Salary Slip, Account Statement, Tax Statement, Rental Agreement, Pension Book, etc.)
- Please click here for an indicative list of documents to assess the ‘Proof of Profession and Source of Income / Fund.
Eligibility Criteria
- Individual Non-Resident Pakistani Nationals (NRPs) having CNIC/SNIC/NICOP
- Non-Resident Individuals / Foreign Nationals having Pakistan Origin Card (POC)
This presents a remarkable opportunity for Dubai residents to provide their loved ones in Pakistan with a Suzuki Alto in interest-free instalments. Experience the convenience and benefits of Meezan Roshan Apni Car, empowering you to fulfil your automotive aspirations while adhering to Islamic principles.
Islamic banking offers several advantages, making it a preferred choice for many individuals. One of the primary benefits is its adherence to ethical and Shariah principles, promoting fairness, transparency, and social responsibility. Islamic banking avoids interest-based transactions, which can lead to financial exploitation and instability. Instead, it focuses on profit-sharing and asset-backed financing, fostering a more equitable and inclusive financial system.
For more information, please visit Mezan bank’s official website.
