Welcome to First Habib Modaraba

 (An Islamic Financial Institution)

Car-nama

The steady rise in the cost of vehicles has made buying the car of your choice a difficult reality. Now we bring a package which reduces your worries for your huge investment in the car of your choice. FHM is offering a very flexible and affordable car lease-financing scheme for corporate employees and self-employed persons who fulfill required criteria of FHM.

Car Financing Application Form

Now you can drive your dream car sooner than you think.

 

WE NEED FROM YOU

    • That you are a corporate employee of a well reputed organization, a self-employed professional.
    • You are ready to give a minimum down payment of 20% of the vehicle cost.
    • Minimum Job Experience should be 3 years. ( attached job certificates)
    • Your age should not be more than 60 years at the time of Maturity of facility.
    • In case of salaried person monthly car lease rental should not exceed more than 1/3rd of net monthly take home salary.
    • Total debt burden of all secured and unsecured financial liabilities should not exceed 50% of Gross Monthly Income.

 

YOU MAY APPLY BY

      • Filling our lease application Form with following Attachments.
      • Standard Documents
          • Two (recent) passport size photographs
          • Copy of valid National Identity Card
          • Copy of valid Driving License
          • Bank statements for last six months
          • Copies of last paid electricity, telephone and gas bills.
          • Copies of three months credit card bills (if any)
          • Copy of income and wealth tax returns (last two years)
      • salaried Persons
          • Recent salary slip original or company certified copy
          • Letter from employer, stating the date of joining, gross package and designation
      • Additional documents for self-employed
          • Copy of professional degree
          • Current professional association membership certificate
          • Copy of ownership or rental agreement of business premises
          • Updated Practicing certificate from Regularity Body
      • Additional documents for businessman
          • Bank Certificate stating applicant’s business account and its duration
          • Certificate of incorporation and commencement of business
          • Copy of ownership or rental agreement of business premises
          • Copy of partnership deed (if applicable)