Top 6 Best auto finance Bank 2023 in pakistan
Top 6 Best auto finance Bank 2023 in pakistan
In this article today’s article we will check the markup rate of 6 banks if we give a car of 20 lakhs 30% advance and lease for 3 years means 36 months installments. Which bank will be the best, meaning they will give us a car worth 20 lakhs at a low markup ۔
These are the 6 best cars from Finance
No. 1 Meezan Bank
No. 2 Askari Bank
No. 3 Faisal Bank
No. 4 UNITED BANK LIMITED UBL
No. 5 Bank Al Falah
No. 6 Habib Bank Limited HBL
Meezan Bank Car Lease 2023 Check 20 Lakh Vehicle 30% Down Payment on 3 Year Installment
Askari Bank Car Lease 2023 Check 20 Lakh Vehicle 30% Down Payment on 3 Year Installment
Faisal Bank Car Lease 2023 Check 20 Lakh Vehicle 30% Down Payment on 3 Year Installment
UNITED BANK LIMITED UBL Car Lease 2023 Check 20 Lakh Vehicle 30% Down Payment on 3 Year Installment
Bank Al Falah Car Lease 2023 Check 20 Lakh Vehicle 30% Down Payment on 3 Year Installment
Habib Bank Limited HBL Car Lease 2023 Check 20 Lakh Vehicle 30% Down Payment on 3 Year Installment
You have seen the details of 20 lakh car loan of these 6 banks in the above post, now we mention which of these 20 banks has reduced markup
Meezan Bank took the lowest markup Meezan Bank took 30% advance on a car worth 20 lakhs and 500,980 profit from us in 36 installments. Askari Bank came second after Meezan Bank and Askari Bank took 506,156 profit from us on an auto of 20 lakhs and if we compare Meezan Bank with Askari Bank, we did not see any big difference. There is no big difference from thought،
Faisal Bank has come at number 3 and Faisal Bank took 538,912 profit from us on a car loan of 2 million which is about 38 thousand to 30 thousand more profit than Meezan Bank and Askar Bank.
At number 4 is United Bank Ltd. UBL, this bank took 552,125 profit on an auto loan of 20 lakhs.
At number 5 is Bank Al-Falah and Bank Al-Falah took 581,139 profit on a vehicle worth 2 million.
At No. 6 is Habib Bank Ltd. HBL This bank took the highest profit of 601,020 on a two million car.
1-Meezan bank 500,980
2-Askari Bank 506,156
3- Faysal Bank 538,912
4- UBL 552,125
5- Bank Alfalah 581,139
6- HBL 601,020
Now see some bank benefits in these 6 bank autoloans
Now talking about some of the advantages of these banks, Meezan Bank and Faisal Bank have the advantage that if your car goes on booking and for example you get the car after 3 months, then it will be paid back to you in these 3 months. They will not pay the monthly installments, which means you will not pay the installments until the car is handed over to you. Meezan Bank also has another advantage that Meezan Bank does not take insurance and tracker money in advance, but they pay it every month. applies to the installment and Meezan Bank will not have any difference from the first installment to the last installment
The advantage of HBL is that the markup rate of HBL is fixed, meaning if the markup rate was 20% at the time of leasing the vehicle, it will remain at 20%. Banks apply to customers if Marlp rate is low or high then these details were Best Auto Financing 6 Bank 2023 in Pakistan Hope you liked this article.
Written by Zawar Carz Team
