Eligibility Requirements:
- Salaried Professionals
- Minimum age: 25 years
- Maximum age at loan maturity: 60 years
- Continuous employment: 2 years in current job
- Self-Employed Professionals & Businessmen
- Minimum age: 25 years
- Maximum age at loan maturity: 65 years
- Business experience: 3 years in current industry
Meezan Car Ijarah application steps:
- Fill out: Fill the customer application form available at any Meezan Bank branch.
- Attach Documents: Include necessary documents like employment certificates, bank statements, and CNIC copy.
- Submit Application: Send in your application and receive approval within 1-7 working days.
Frequently Asked Questions:
How long does it take to get approved for a Meezan Bank Car Ijarah?
Typically, approval takes between 1 to 7 working days once all documents are submitted.
Is it required to explain why credit is being used?
No explanation for the use of credit is necessary for Meezan Car Ijarah.
Do I need to have a good credit score to be approved for Meezan Bank Car Ijarah?
Yes, a clear data check and e-CIB report with no defaults are required.
Can I apply for a loan if I am self-employed?
Yes, self-employed professionals and businessmen can apply if they meet the necessary criteria.