Allied Bank Roshan Apni Car Scheme 2025 – Complete Guide
Allied Bank Roshan Apni Car Scheme 2025 is a digital car financing solution designed for Roshan Digital Account (RDA) holders. This product empowers Overseas Pakistanis (NRPs) to finance cars in Pakistan for themselves or their families through a completely online and transparent process.
Unlike traditional car leasing, Roshan Apni Car is specifically made for Pakistanis abroad who want to manage financial needs from overseas without visiting branches or depending on agents.
Why Allied Bank Roshan Apni Car is Different
- Exclusively for RDA holders (secure digital banking for NRPs).
- Two financing modes: Lien-Based (backed by RDA balance) and Remittance-Based (backed by income/remittances).
- Zero down payment option (Lien-Based).
- Car registration flexibility (applicant or nominee).
- Digital instalment calculator for easy financial planning.
- No middlemen or brokers – 100% direct with bank.
Detailed Financing Options
Lien-Based Financing
- How it works: Car is financed against lien (hold) on your RDA deposits.
- Down Payment: 0% required.
- Loan Amount: Based on lien balance.
- Markup Rate: SBP Floor Rate + 1%.
- Best for: NRPs with large RDA savings who want hassle-free financing.
Remittance-Based Financing
- How it works: Car is financed against applicant’s monthly remittances.
- Down Payment:
- New Car → 15% of car price.
- Used Car → 30% (up to 3.5M) & 40% (above 3.5M).
- Loan Amount: PKR 200,000 – PKR 10 Million.
- Markup Rate: 1-Year KIBOR + 1%.
- Best for: NRPs sending regular remittances.
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Eligibility Criteria in Detail
Applicant (NRP)
- Must have a valid Allied Bank Roshan Digital Account.
- Must hold a NICOP/POC/SNIC.
- Minimum Age: 22 years.
- Maximum Age:
- Lien-Based → No upper age limit.
- Remittance-Based → Salaried (59 at application, 60 at maturity), Self-employed (64 at application, 65 at maturity).
Nominee (Resident Pakistani)
- Mandatory for all applicants.
- Must be a close relative: spouse, parents, siblings, or children.
- Minimum Age: 18 years.
- Will act as co-applicant/beneficiary of the vehicle.
Eligible Vehicles
- Brand New Cars → Locally manufactured or imported (CBU).
- Used Cars → Locally manufactured or imported, subject to valuation.
- Commercial Vehicles → Not allowed.
Required Documents (Extended List)
- Application Form (downloaded from ABL website).
- Applicant’s CNIC/SNIC/NICOP/POC copy.
- Nominee’s CNIC/SNIC copy.
- Two recent passport-size photographs (applicant & nominee).
- Income/Remittance proof (for Remittance-Based).
- Bank statements (if required).
- Undertaking for lien (Lien-Based).
- Declaration of charges.
- Direct Debit Authority.
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Instalment Repayment Mechanism
- Monthly instalments deducted from PKR Roshan Digital Account.
- If only FCY account exists, customer must open PKR account.
- A Direct Debit Authority (DDA) ensures automatic payment.
Allied Bank Roshan Apni Car Calculator
The Roshan Apni Car Installment Calculator helps estimate monthly payments:
- Enter loan amount.
- Add down payment %.
- Choose tenor (years).
- Select markup (Lien or Remittance).
It instantly shows monthly instalment amount.
Charges & Taxes Explained
- Processing Fee: One-time fee after loan approval.
- Valuation Charges: Applicable on used cars, payable to valuation agency.
- Insurance Premium: Paid separately, required for all financed cars.
- Government Taxes: Must be paid by applicant (withholding tax, registration fee, etc.).
Registration & Insurance
- Vehicle Registration:
- Can be in applicant’s or nominee’s name.
- If in applicant’s name, physical presence in Pakistan is required.
- Insurance: Compulsory for the entire tenor. Covers theft, accident, and total loss.
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Pros & Cons of Allied Bank Roshan Apni Car
Pros
- Digital process, no branch visits.
- Zero down payment (Lien-Based).
- Large financing limit (up to PKR 10 Million).
- Flexible tenure (up to 7 years).
- Dual option (Lien or Remittance).
Cons
- Only for RDA holders (not for local customers).
- Used cars require higher equity & valuation.
- Government taxes & insurance add to cost.
Benefits for Overseas Pakistanis
- Family in Pakistan gets a car without financial hassle.
- Secure and transparent banking via RDA.
- Flexible repayment plans.
- No currency risk (instalments in PKR).
- Builds financial credibility with Allied Bank.
Mistakes to Avoid
- Not appointing eligible nominee.
- Insufficient RDA balance for lien.
- Sending irregular remittances for Remittance-Based.
- Ignoring valuation charges for used cars.
- Missing instalments → may impact credit history.
Comparison with Other Banks (2025)
| Bank | Product | Min DP | Max Tenor | Special Feature |
|---|---|---|---|---|
| ABL | Roshan Apni Car | 0% (Lien) / 15% (Remit) | 7 years | Dual financing option |
| HBL | Roshan Apni Car | 15% | 7 years | HBL Car Loan online tracking |
| MCB | Roshan Apni Car | 20% | 5 years | Fast approval process |
| Meezan | Roshan Apni Car | 15% | 5 years | Islamic financing |
(Allied Bank stands out for offering 0% down payment option with Lien-Based financing.)
Read Also: Complete Guide to Apni Chat Apna Ghar Registration
FAQs – Allied Bank Roshan Apni Car Scheme 2025:
Q1. Can I apply if I don’t have an RDA?
No, RDA with Allied Bank is mandatory.
Q2. Can I finance a commercial vehicle?
No, only non-commercial vehicles are eligible.
Q3. Can I repay loan early?
Yes, early settlement is allowed (charges may apply).
Q4. What is the minimum and maximum loan amount?
Minimum PKR 200,000, Maximum PKR 10 Million.
Q5. Is physical presence required?
Only if the car is registered in applicant’s (NRP’s) name.
Q6. Do I need income proof for Lien-Based?
No, only RDA balance lien is required.
Q7. How long is approval process?
Usually within 10–15 working days after document verification.
Q8. What if I default on instalments?
Bank may recover from lien balance or take possession of the car.
Q9. Can women apply?
Yes, female NRPs can apply, nominee requirement remains same.
Q10. Is online tracking available?
Yes, through Allied Bank’s RDA portal.
Contact & Support
- Queries: rda@abl.com
- Complaints: complaint@abl.com / cm@abl.com
Conclusion – Allied Bank Roshan Apni Car Scheme 2025
The Allied Bank Roshan Apni Car Scheme 2025 is a powerful and practical financing solution for Overseas Pakistanis who want to support their families back home. With flexible plans, zero down payment options, simple documentation, and secure digital processing, it is among the best car financing schemes in Pakistan today.
For NRPs seeking a trusted, regulated, and convenient way to purchase cars in Pakistan, Allied Bank’s Roshan Apni Car offers the perfect balance of affordability and reliability.
