Al Baraka Carsaaz

  • • Shari’ah compliant.
  • • Transaction Mode is Diminishing Musharakah.
  • • Quick processing.
  • • Most affordable Installments.
  • • No upfront Installments before delivery of the vehicle.
  • • No funding profit charged during the Advance Booking period.
  • • Payable in tenure of 12 to 60 months.
  • • Minimum processing charges.
  • • Auto Finance Available for Locally Manufactured/assembled Vehicles Only
  • • Minimum Customer Musharakah Contribution is 30%
  • • Maximum Term is 60 Months for Upto 1000 CC Vehicles & 36 Months for Above 1000CC Vehicles
  • • Minimum working experience of 2 years in continuity with at least 6 months with the current employer.
  • • Minimum net monthly income of Rs. 30,000/-
  • • Age between 21 to 60 years (60 years of age at the time of maturity of facility).
  • • In business / practice for a minimum period of 1 years in continuity.
  • • Minimum net monthly income of Rs.35,000/-.
  • • Nature of business to be in conformity / ambit of the the Shari’ah guidelines.
  • • Age between 21 to 65 years (65 years at the time of maturity of facility).
  • • Two recent passport size photographs.
  • • Copy of valid CNIC.
  • • Employment Certificate/ latest 3 months salary slips (preferably attested by the Human Resources Department).
  • • Latest six months’ bank statement reflecting the monthly credit of salary.
  • • Form 29 in case of directors.
  • • Account Maintenance Certificate.

Self Employed Professionals / Businesspersons
  • • Copy of valid CNIC.
  • • NTN Certificate.
  • • Proof of three years in continuous business (Letter of Proprietorship/Partnership Deed/ last 3 years tax returns with receipts).
  • • Last six months’ bank statement.
  • • Copies of any two latest paid Utility Bills (residence & business).
  • • NOC from partners (if applicable).
  • • Signature verified from the bank.
  • • CNICs of partners (if applicable).
  • • Form 29 in case of directors.
  • • Account Maintenance Certificate.
S.No Items Description Persons with Disabilities Women (Salaried/SEB/SEP)
1 Profit Rate Discount up to 2.50% 1%
2 Application Processing Fee Waiver up to 50% 25%
3 Early Buy Out Price Waiver/Discount Up to 100% 40%
4 Application Pickup From the location of the applicant From the location of the applicant
5 Application processing Priority (subject to complete documents received) Priority (subject to complete documents received)

Most Popular Products

Current Account can be opened in one of the listed currency below with no restriction in the number of withdrawal and deposits.

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Al Baraka Business Plus Account has evolved with time to offer ease, flexibility and a wide range of unmatched free services. This product is specially tailored to match all the daily needs of business class and individual customers.

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Al Baraka Shafqaat Account has been introduced as socially responsible banking services for most valued segments of our society in order for them to make their routine transactions with premium customer support along with healthy return on their investment. Al Baraka is the only full-fledged Islamic bank to offer such account services for the target market mentioned herein. This account comes along with a wide range of free services and benefits.


Al Baraka Mahana Barkah Account provides regular stream of halaal monthly income for lower and middle group customers with the same convenience and services of a regular savings account.



Vehicle Details
Please Add Types of Applicant.
Please Add Actual / Estimated Price.

Note : Move pointer as per your Down Payment %.

30 % Amount

Note : Move pointer as per your Finance term request.

Vehicle upto 1000CC-Max Fin Term is 5 Years

Vehicle above 1000CC-Max Fin Term is 3 Years

1 years
Tentative / Estimated Monthly Installment
(Excl Takaful)


Terms and Condition apply

Price of Vehicle PKR
Finance Amount PKR
Down Payment PKR
If you want to apply for this product please provide the following information.
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Please Add your complete CNIC.
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