Bank AL Habib Roshan Apni Car Scheme 2025 – Car Financing for Overseas Pakistanis

The Bank AL Habib Roshan Apni Car Scheme is a groundbreaking initiative designed to support overseas Pakistanis in purchasing a car in Pakistan through convenient financing options. With the increasing number of Pakistanis living abroad, this scheme provides an opportunity for them to contribute to the local economy while also providing a reliable mode of transportation for their families back home. Whether you’re living in the Gulf, the UK, the US, or any other part of the world, this scheme offers a simple and accessible way to finance a car in Pakistan, making car ownership more attainable.

What is the Roshan Apni Car Scheme 2025?

The Roshan Apni Car Scheme 2025, launched by Bank AL Habib, aims to provide car financing solutions specifically targeted at overseas Pakistanis. The scheme enables Pakistanis living abroad to purchase a car in Pakistan by availing themselves of easy car loans with attractive terms. The initiative is a part of the broader Roshan Digital Account (RDA) services introduced by the State Bank of Pakistan, which allows overseas Pakistanis to invest and manage their finances conveniently through digital banking.

The program is designed to cater to the specific needs of Pakistanis living overseas, offering competitive interest rates, flexible repayment terms, and the convenience of online application processes. With a variety of cars available under the scheme, it opens up a new horizon for overseas Pakistanis to support their families financially while promoting local automotive industry growth.

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Eligibility Criteria for Overseas Pakistanis?

To apply for the Roshan Apni Car Scheme 2025, applicants must meet the following eligibility criteria:

1. Overseas Pakistanis: The scheme is exclusively for Pakistanis residing outside Pakistan. Applicants must have a valid Pakistani passport and proof of overseas residency.
2. Age Requirement: Applicants must be between the ages of 21 and 60 at the time of application.
3. Income Proof: A regular source of income is required. Applicants must submit proof of income from their overseas employment or business activities. Bank statements and income tax returns may be required as supporting documents.
4. Creditworthiness: As part of the approval process, the applicant’s credit history will be reviewed. A good credit score increases the chances of loan approval.
5. Valid Documents: Applicants need to provide a valid passport, CNIC (Computerized National Identity Card) for Pakistani citizens, and proof of residence in the country of stay.

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Key Features of the Roshan Apni Car Scheme?

The Roshan Apni Car Scheme 2025 offers several features that make it an attractive financing option for overseas Pakistanis:

1. Flexible Loan Amount: The scheme allows overseas Pakistanis to finance up to 80% of the car’s value, depending on the car model and the applicant’s financial status. This reduces the upfront cost, making it more accessible for many people.
2. Attractive Interest Rates: Bank AL Habib offers competitive interest rates, ensuring that applicants do not face a heavy financial burden. The rates are designed to be affordable, keeping in mind the financial situation of overseas Pakistanis.
3. Flexible Repayment Terms: Applicants can choose from a variety of repayment plans ranging from 1 to 5 years. This flexibility allows them to select a plan that fits their financial capabilities, ensuring that monthly installments remain manageable.
4. Online Application Process: One of the most significant benefits of the scheme is the ease of application. Overseas Pakistanis can apply online through the Roshan Digital Account, saving time and effort. The entire process can be completed digitally, without the need for visiting a bank branch in Pakistan.
5. Wide Range of Cars: Bank AL Habib has partnered with leading automobile manufacturers in Pakistan, offering a wide variety of cars under the scheme. Whether you are interested in a compact car, sedan, or an SUV, there are options to suit different preferences and budgets.
6. No Collateral Required: The scheme does not require applicants to provide collateral, making it easier for overseas Pakistanis to get approved for a car loan. The bank assesses the creditworthiness of applicants based on their income and financial status.
7. Quick Disbursement: Once approved, the loan amount is disbursed quickly, allowing applicants to purchase their chosen vehicle without delay. The bank aims to provide a fast and seamless experience for applicants.

How to Apply for the Roshan Apni Car Scheme?

The process of applying for the Roshan Apni Car Scheme 2025 is straightforward. Here’s a step-by-step guide:

1. Open a Roshan Digital Account: If you don’t already have a Roshan Digital Account with Bank AL Habib, the first step is to open one. This account allows you to manage your finances, invest in Pakistan, and apply for various banking services online.
2. Choose Your Car: Browse through the list of cars eligible under the scheme. You can choose the car model that suits your budget and preferences. The bank’s website or app will have a detailed list of available models and their prices.
3. Submit Your Application: After selecting your car, submit the application through the Roshan Digital Account portal. Provide all necessary documents, including proof of income, passport, and residence proof.
4. Loan Approval: Bank AL Habib will review your application and documents. If everything is in order, they will approve your loan and provide you with the loan terms, including the interest rate and repayment period.
5. Disbursement of Funds: Once the loan is approved, the bank will disburse the funds directly to the car dealership. The dealership will then process the sale, and you can finalize the car purchase.
6. Car Delivery: After completing the formalities, the car will be delivered to the address in Pakistan provided by you, or you can arrange for it to be picked up from the dealership.

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Benefits of the Roshan Apni Car Scheme?

1. Empowering Overseas Pakistanis: The scheme empowers overseas Pakistanis to help their families back home while simultaneously contributing to Pakistan’s economy by promoting the local automobile industry.
2. Convenience: With the online application and disbursement process, the entire procedure becomes highly convenient for those living abroad. It eliminates the need for overseas Pakistanis to travel to Pakistan for car financing.
3. Economic Support for Families: Through this scheme, overseas Pakistanis can help their families by providing them with a dependable car, enhancing their quality of life and mobility.
4. Flexible Financing: The flexibility in terms of repayment and loan amount allows applicants to choose an option that best suits their financial situation.

FAQs Bank AL Habib Roshan Apni Car Scheme?

Conclusion Bank AL Habib Roshan Apni Car Scheme?

The Bank AL Habib Roshan Apni Car Scheme 2025 is a significant step towards offering financial inclusivity to overseas Pakistanis who wish to purchase a car in Pakistan. With competitive interest rates, flexible terms, and a simple application process, it makes car ownership more attainable for those living abroad. By opening doors to affordable car financing, this scheme not only benefits the individuals involved but also plays a vital role in strengthening the local automotive market in Pakistan.

Whether you’re looking to provide a car for your family or invest in a reliable vehicle yourself, the Roshan Apni Car Scheme 2025 is an excellent opportunity for overseas Pakistanis to take part in Pakistan’s growing economy while enjoying the convenience and ease of digital banking.