Underlying Mode
Diminishing Musharakah
Eligibility
Salaried individuals whose salary is processed through Bok
Purpose
Shariah-compliant alternate solution to fulfill the consumer requirements of the customers
Rental Rate
As low as 1 year KIBOR + 3%
Financing Limit
Upto 7 million
Tenure
Upto 4 years
Security/Collateral Requirements
• Vehicle must exist and not more than 05 Years old
• Bank's maximum contribution will be upto 70% whereas Customer Contribution will be upto 30%
• Takaful of the asset
• Vehicle must be registered in the name of applicant
• HPA will be marked in favour of Bank of Khyber in relevant ETO office
For more information, visit your nearest BoK Islamic branch or call us on 091-111-265-265
*Terms & conditions apply