Financial services
Auto Finance
To repair, maintain or buy the vehicle a livelihood runs on.
About Auto Finance
Loans offered to meet customers' vehicle needs for their income-generating activities: the repair and maintenance of auto-rickshaws, chingchis, loader rickshaws, carry dabbas, Toyotas, taxis and trolley tractors, and the purchase of auto-rickshaws, chingchis, loader rickshaws and motorbikes.
- Auto-rickshaw
- Chingchi
- Loader rickshaw
- Carry dabba
- Taxi
- Trolley tractor
- Motorbike
- Loan amount
- MaintenancePKR 40,000 – 200,000Purchase of a vehicleUp to PKR 500,000
- Tenure
- 12–36 months
- Repayment
- Equal monthly instalments
- Lending
- Individual
Eligibility and terms
Who can apply, and on what terms
Eligibility criteria
- Aged 18 to 63 years
- Holding a valid CNIC
- At least 2 years of business experience
- Permanent resident of the local area
- Positive creditworthiness under JWS Pakistan's criteria
Terms
- Lending methodology
- Individual
- Guarantee
- Guarantor required / post-dated cheque
- Loan repayments
- Equal monthly instalments
- Tenure
- 12–36 months
- Loan insurance
- Client and spouse credit life insurance
Terms as published by JWS Pakistan. Final amounts and terms depend on the assessment at the branch.