In an effort to enable women to travel freely and with confidence, Bank AL Habib has introduced a new financing programme called the AL Habib Woman Scooter Financing plan.
The goal of this programme is to enable women to afford a scooter without worrying about high upfront expenses.
The programme provides flexible repayment options that can be adjusted to fit individual budgets along with minimal paperwork, and no processing fees.
Key features of AL Habib Woman Scooter Financing plan
- Financing available for brand-new motorcycles/scooties/scooters (locally manufactured)
- Easy monthly instalments
- Early/partial payment option (without any charges)
- Also available under Islamic mode of Financing
- Option of Fixed and Variable Rates
- Quick processing & minimal documentation
Bank AL Habib Scooter loan pricing
Tenure Variable rates Fixed rates 1–3 Years for Chinese Brand 1 YK + 3.5% 1 YK + 4.5% 1-4 Years for Japanese Brand 1 YK + 4.5% 1 YK + 5.5%
Eligibility criteria for AL Habib Woman Scooter Financing plan
- The applicant must be a Pakistani National holding valid CNIC
- Documentary proof of employment/business acceptable to the Bank
- Minimum 1 year of service
- Minimum take-home income: Rs40,000/-
- Aggregate DBR to be maintained at 40%
- Age Limit:
- Minimum 21 years at the time of approval
- Maximum 60 years at the time of maturity
Documents required for salaried individual
- Two recent photographs
- Copy of valid Computerised / Smart National Identity Card (CNIC / SNIC)
- Proof of Permanent/Regular employee and 1 Year of working experience
- Bank Statement of the Last 6 months with the reflection of salary credits
- Last 3 months’ salary slip/salary certificate
Documents required for self-employed professional/businesswomen
- Two recent photographs
- Copy of valid Computerized / Smart National Identity Card (CNIC / SNIC)
- Acceptable Proof of Business for the 1 years
- Bank Statement of the Last 6 months
Applicants can visit the official website, call the helpline, or use the bank's inbox service to get advice.
Many women who are searching for convenient and reasonably priced transport options are anticipated to benefit from this plan.
Bank AL Habib is facilitating women's access to scooter ownership and independent travel by offering flexible financing options and minimal paperwork.