Roshan Digital Apni car – Product Features
- Financing facility for new locally assembled vehicles.
- Tenor option from 1 to 7 years.
- Maximum vehicle is up to 3 vehicles.
- Minimum age limit of the applicant is 21 years
- Preferred pricing and special takaful rates.
- Maximum age limit of the applicant at the time of maturity should not exceed 65 years
- If the applicant has availed other financing facilities, all monthly repayments combined, including proposed rental, should not exceed 50% of net / take home income. ( not applicable on lien based)
- Both data check & e-CIB should be clear and must not have default / overdue at the time of case approval
- Beneficiary is mandatory (blood relative – father / mother, son / daughter, brother / sister or spouse residing in Pakistan) of applicant.
- The facility is available for all Roshan Digital Account holders including foreign currency account holders.
- In case of PKR account – 100% Lien / pledge equivalent to Net Financing Amount (NFA) will be marked on applicant’s Roshan Digital Account or Islamic Naya Pakistan Certificate till the maturity of the Auto Finance facility
- In case of Foreign Currency Account -110% Lien / pledge equivalent to Net Financing Amount (NFA) will be marked on applicant’s Roshan Digital Account or Islamic Naya Pakistan Certificate till the maturity of the Auto Finance
- Monthly Rentals are to be paid through direct debit instructions from PKR Roshan Digital Account
RDA Apni Car Process Flow