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MCB Consumer Banking- Better Finance Happier Life!

Use our loan calculators to plan for your dream house, the car you always wanted or your next trip with precision and ease

Disclaimer:

These calculators are for educational purposes only. The results are estimates based on information you provide and may not reflect actual results. The results of the calculations are not a promise or guarantee of a customer’s eligibility or terms for a specific loan facility.

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PKR180k

Installment Amount

Future Value Calculator

PKR 10000 K Car Price
PKR 1500 K Loan
Amount
Year/s {tenure}{tenure:current}{/tenure} Tenure
Down Payment 40 %

Khareedo Apni Dream Car

MCB Car4U is a one-stop financing solution to help you own a car of your dream with a complete peace of mind.

  • Net Income: PKR 30,000 per month
  • Minimum Age Requirement: 21 years*
  • Maximum Age (at loan maturity):
    • 65 years (salaried) and
    • 70 (Self Employed)
  • Employment Length:
    • Minimum: 6 months employment (salaried)*
    • Business Length: Minimum: 1 year business (self-employed)*
    • Minimum 6 month’s remittance history through banking channel (Foreign Remittance Segment)

You can apply for MCB Car4U loan if you have the income source through the following options:

  • Salaried
  • Self-Employed
    • Self-Employed Businessmen
    • Self-Employed Professionals
  • Agriculturists
  • Land Lords – Rental Income
  • Foreign Remittances
  • Income from Fixed/Term Deposits
  • You can also jointly borrow with Spouse through income clubbing option

  • Copy of CNIC
  • 2 passport sized recent photographs
  • Bank statement (6 month to 1 year)
  • Salary slip/ proof of business or other documents

  • Competitive Pricing
  • Finance Tenor: Up to 7 years
    3 years Above 1000cc engine capacity vehicle
    5 years Vehicles of up to 1000cc engine capacity
  • You can finance locally manufactured new and used cars.
  • Finance up to 80% of vehicle value*
  • Comprehensive insurance
  • Option to finance a second or third car
  • Prepayment Option: allows you to prepay part of full amount of the loan after incurring prepayment charge.
  • Through facility repayment option, upgrade your existing cars loan with a new loan with no penalty

Residual Value

The residual Value product allows you to pay up to 50% of the principal amount as a lump-sum (balloon) payment at the end of the loan tenure. This improves the affordability of the installments as well as helps in buying higher-end vehicle.

Post Booking

If you have already booked any vehicle and need financing for the remaining amount, you can still apply for a loan with MCB Bank through our Post-Booking loan option.

Upgrade with no penalty

You can upgrade your car and adjust your loan against the new loan without a prepayment penalty.

Lease

Lease variant is also available for all customers.

Deferred Installment

This plan allows customers to opt fo

  • No processing fee is payable if the loan is not approved
  • Take delivery of vehicle immediately upon its availability without waiting for the registration
  • 160+ approved Auto dealership across the country
  • Quick processing, through dedicated operations teams in Karachi, Lahore and Islamabad
  • Quick NOC issuance at the expiry of the loan tenure
  • Consumer Offices/Customer Walk-in Centers in 11 major cities.

Tenor (Years) MCB Account Holders (ETB)* Non-MCB Account Holders (NTB)*
1 - 5 1Yr KIBOR + 4 % 1Yr KIBOR + 4.5%

So what are you waiting for?

Apply Now

For Further details, dial 111-000-622 for Call Center and/or you may also dial 042-35987979 for our Consumer Helpdesk.

Note:All loans shall be processed and approved as per MCB Bank Limited sole discretion in accordance with regulations and Bank’s approved policies and procedures.

*Terms and conditions apply

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