BankIslami Pakistan Car Loan Calculator 2026
BankIslami Car Finance — estimate your monthly installment instantly.
BankIslami Pakistan Calculator
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About BankIslami Car Finance
BankIslami Pakistan Limited was the first full-fledged Islamic commercial bank licensed by the State Bank of Pakistan, and its "Auto Musharaka" car financing product is one of the country's longest-running Shariah-compliant auto finance offerings. It is structured under Diminishing Musharakah — a joint-ownership partnership model — ensuring the entire financing arrangement is free of Riba (interest).
Under Auto Musharaka, you and BankIslami jointly purchase the vehicle. Your monthly payment combines a rental component (for using the bank's share) and a unit-purchase component (gradually buying out the bank's ownership), until you become the sole owner at the end of the tenure. Financing is available up to PKR 3,000,000 for new and used locally assembled vehicles, with a repayment period of up to 5 years.
Eligibility Criteria
👔 Salaried Individuals
- Pakistani national with valid CNIC
- Minimum 6 months in current employment
- Verifiable, regular monthly income
- Clean eCIB credit history required
- Debt Burden Ratio within the bank's approved limit
🏢 Self-Employed / Business
- Pakistani national with valid CNIC
- Minimum 1 year of continuous involvement in current business
- Verifiable business income through bank statements
- Valid business registration / NTN where applicable
- Clean eCIB credit history required
Required Documents
📄 Salaried Individuals
- Copy of valid CNIC
- Latest salary slip or salary certificate
- Last 6 months' personal bank statement
- Employment confirmation letter
- Vehicle proforma invoice from an authorized dealer
📄 Self-Employed / Business
- Copy of valid CNIC
- Business proof / registration documents
- Last 6 months' business bank statement
- Vehicle proforma invoice from an authorized dealer
How to Apply
BankIslami Auto Musharaka applications are processed through the bank's branch network nationwide.
Calculate
Estimate your monthly installment using the calculator above.
Visit a Branch
Visit your nearest BankIslami branch to begin your application.
Submit Documents
Provide CNIC, income proof, bank statements and the vehicle proforma invoice.
Approval & Delivery
Once approved, pay your equity contribution and take delivery of your vehicle.
Frequently Asked Questions
Ready to Apply for BankIslami Pakistan Car Finance?
Calculate your installments above, then apply directly.