Assalam-o-Alaikum friends!
If you’re in Pakistan and dreaming of owning a new car but don’t have enough cash to buy it outright, then Meezan Bank’s Roshan Apni Car scheme is perfect for you. Whether you’re a salaried government/private employee or a businessman, you can get a brand-new locally assembled car with very low down payment and easy monthly installments – and it’s 100% Shariah-compliant (no interest/sud).
This is one of the most popular Islamic car financing options in Pakistan right now (updated January 19, 2026). Here’s everything you need to know in simple steps.
Key Features of Meezan Roshan Apni Car 2026
- Vehicle Type: Only locally assembled/new cars (Honda, Toyota, Suzuki, KIA, Hyundai, Changan, etc. – no imported).
- Maximum Tenure: Up to 7 years (easy monthly payments).
- Down Payment (Advance):
- Salaried persons: 15% for normal cars, 25% for SUVs.
- Businessmen: 25% for normal cars, 35% for SUVs.
- Profit Rate: Around 11–18% (Shariah-based profit, not interest – certified as halal).
- Accident/Death Cover: Up to Rs 2.5 million Takaful coverage in case of unfortunate events.
- No Processing Fee: Very low or no extra charges (only minimal documentation/security charges ~Rs 1,000–5,000).
- Maximum Age Limit: Up to 70 years (can co-apply with family if needed).
- Minimum Employment/Business History: 2 years for salaried, 3 years for businessmen.
- Credit History: Must be clear (no defaults, no unpaid loans in EasyPaisa/JazzCash, etc.).
Who is Eligible?
- Salaried: Minimum 2 years job history, age 25–60 (up to 70 with co-applicant).
- Businessmen: Minimum 3 years business proof, age 25–65 (up to 70 with co-applicant).
- Non-filers: Can apply but pay 4% extra advance tax.
- Both men and women eligible.
- You can finance up to 2 cars (not more).
How to Apply – Step-by-Step Guide
- Visit Nearest Meezan Bank Branch or authorized dealer (Honda, Toyota, Suzuki, etc.).
- Discuss & Choose Car: Select your desired model (e.g., Honda City, Toyota Corolla, Suzuki WagonR, Changan Karvaan, etc.).
- Submit Documents:
- CNIC copy
- Salary slips (last 6 months) or business proof (bank statements, NTN)
- Utility bill
- Employer letter/HR contact (for salaried)
- Domicile (if needed)
- Bank Verification: Meezan will check your credit history (CIB report) and income.
- Approval & Down Payment: If approved (usually 7–15 days), pay down payment (15–35%).
- Car Delivery: Car registered in your name and delivered – start monthly profit-based installments.
No Hidden Charges: No processing fee, low documentation cost, full Takaful coverage.
This scheme is halal, easy, and widely used by government employees and businessmen in Lahore, Karachi, Islamabad, and all over Pakistan.
Comment below:
- Which car are you planning to buy? (City, Corolla, WagonR?)
- Salaried or businessman?
Allah aap sab ko asani se gari nasib kare. Ameen!
Thank you for reading!
(Disclaimer: Information based on latest Meezan Bank Roshan Apni Car scheme details as of January 19, 2026. Exact terms, profit rate, down payment, and eligibility may vary – always confirm with nearest Meezan Bank branch or official website. This is an informational guide only.)
Muhammad Ramzan is a Pakistani journalist, digital content creator, and blogger with 7 years of experience in online media. He writes clear, well-researched, and easy-to-read articles on Islamic topics, Ramadan initiatives, government welfare programs, and community issues. Known for his authentic and heartfelt style, he connects deeply with readers across Pakistan.