Update`, and JS identifiers cannot contain hyphens) ?>
🚗 Ab Har Safar Shandar

Allied Bank Limited Car Loan Calculator 2026

ABL Car Finance — estimate your monthly installment instantly.

~KIBOR+3.5%Markup Rate
Up to 5 YearsTenure
PKR 3,000,000Max Financing
20%+Min Down Payment

Allied Bank Limited Calculator

Adjust the fields below to estimate your monthly installment

Vehicle PricePKR 2,500,000
PKR 300KPKR 10M
Tenure3 Years
1 Yr5 Yrs
Down Payment20%
20%70%
Vehicle Type
Monthly Installment
PKR
Financed Amount
PKR —
Down Payment
PKR —
Markup Rate (p.a.)
Total Markup Payable
Total Amount Payable
📌 Note: ABL pricing varies by customer segment and risk profile within the given range. Two balloon payments are allowed after year 1 (each under 6 EMIs, minimum 1-year gap between them). Rates shown are indicative estimates — always confirm the exact current rate, fees and eligibility directly with Allied Bank Limited before applying.

About ABL Car Finance

Allied Bank Limited (ABL) is one of Pakistan's oldest and largest commercial banks, and its ABL Car Finance product ("Ab Har Safar Shandar") is designed to make vehicle ownership accessible for both salaried professionals and self-employed individuals. Financing is available up to PKR 3,000,000 for new and used locally assembled vehicles, and the bank markets itself on a competitive, transparent markup structure with minimal hidden charges.

A standout feature of ABL Car Finance is its balloon payment facility — customers can make up to two balloon payments during their loan tenure (each less than 6 EMIs, with at least a one-year gap between them), which reduces regular monthly installments and gives borrowers useful flexibility around bonus payments or seasonal income. Comprehensive vehicle insurance is arranged through ABL's panel of insurers at negotiated corporate rates.

🚗
New & Used Local Cars
💰
Up to PKR 3 Million
🎈
2 Balloon Payments Allowed
📅
Up to 5 Year Tenure
🛡️
Panel Insurance at Corporate Rates
🏦
One of Pakistan's Largest Banks

Eligibility Criteria

👔 Salaried Individuals

  • Pakistani national with valid CNIC
  • Minimum net monthly salary: PKR 40,000
  • Regular, verifiable income with a minimum period in current employment
  • Age within the bank's minimum/maximum limits at loan maturity
  • Clean eCIB credit history required
  • Debt Burden Ratio within ABL's approved limit

🏢 Self-Employed / Business

  • Pakistani national with valid CNIC
  • Minimum net monthly income: PKR 60,000
  • Verifiable business income, typically assessed via bank statements
  • Minimum period of continuous involvement in current business
  • Clean eCIB credit history required
  • Debt Burden Ratio within ABL's approved limit

Required Documents

📄 Salaried Individuals

  • Copy of valid CNIC
  • Latest salary slip (last 1-3 months)
  • Employment/service certificate confirming date of joining
  • Last 6 months' personal bank statement
  • Vehicle proforma invoice from an authorized dealer
  • Recent passport-size photographs

📄 Self-Employed / Business

  • Copy of valid CNIC
  • Business proof — NTN, partnership deed, or registration certificate
  • Last 6 months' business bank statement
  • Latest income tax return where applicable
  • Vehicle proforma invoice from an authorized dealer
  • Recent passport-size photographs

How to Apply

ABL Car Finance can be applied for online, via approved dealers, or at any ABL branch.

1

Calculate

Use the calculator above to estimate your monthly installment, including the option to plan for balloon payments.

2

Apply

Apply online, through an approved dealer, or by visiting your nearest ABL branch.

3

Submit Documents

Provide CNIC, income proof, bank statements and the vehicle proforma invoice.

4

Approval & Delivery

Once approved, pay your down payment and take delivery of your vehicle.

Frequently Asked Questions

What is the minimum salary requirement for ABL Car Finance?
PKR 40,000 net monthly salary for salaried individuals, and PKR 60,000 net monthly income for self-employed applicants.
Can I make balloon payments to reduce my installments?
Yes, two balloon payments are allowed after the first year, each less than 6 EMIs, with at least a one-year gap between them.
Can I settle the loan early?
Yes, prepayment is allowed subject to charges per the current Schedule of Charges — contact ABL for the latest terms.
What is the maximum financing amount?
Up to PKR 3,000,000, subject to your income and the bank's approval process.
How is insurance handled?
ABL arranges comprehensive insurance through its panel of insurers at negotiated corporate rates, which is factored into your overall cost.

Ready to Apply for Allied Bank Limited Car Finance?

Calculate your installments above, then apply directly.