How to Apply for Shariah-Compliant Car Financing

Meezan Bank, in collaboration with Changan Motors, has launched a Shariah-compliant auto financing offer for the Alsvin sedan and Oshan X7 SUV under its Car Ijarah program. The limited-time offer features revised prices, attractive rental discounts, and a free maintenance package.

How to Apply

Applying for the Car Ijarah facility is simple and fully digital. Customers can visit the official digital onboarding portal of Meezan Bank to begin the process.

The portal allows users to fill out application details, upload necessary documents, and receive guidance from a dedicated representative without visiting a branch.

Applicants can also reach out via email at info.carijarah@meezanbank.com for more details, eligibility criteria, and personalized assistance. The customer service team of Meezan Bank provides step-by-step support to ensure a smooth and transparent leasing experience.

What You Get

Under this financing plan, the Changan Alsvin is priced at Rs. 3,989,000 and the Oshan X7 at Rs. 8,274,000. Customers can avail up to Rs. 200,000 discount on the Alsvin and up to Rs. 250,000 on the Oshan X7 through reduced monthly rentals.

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The offer also includes a two-year prepaid maintenance package, covering essential servicing items such as oil changes, filters, brake pads, and coolant. Maintenance is valued at Rs. 125,000 for the Alsvin and Rs. 250,000 for the Oshan X7.

Shariah-Compliant Financing

The Car Ijarah of Meezan Bank is based on Islamic leasing principles, ensuring a riba-free financing option. The bank purchases the vehicle and leases it to the customer for an agreed period, making it an ethical and transparent alternative to conventional loans.

For those seeking a convenient, digital, and interest-free car financing solution, this partnership between Meezan Bank and Changan Motors offers a seamless opportunity to drive home a new car through a simple online process.

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