The Bank of Punjab Car Scheme 2025 offers flexible and convenient car financing solutions for both local residents and Overseas Pakistanis. Whether you’re planning to purchase a brand-new or a used car, BOP provides tailored financing under Roshan Apni Car and CarGar Auto Finance plans.
BOP Car Financing Plans
1. Roshan Apni Car (For Overseas Pakistanis)
This plan caters to non-resident Pakistanis maintaining a Roshan Digital Account (RDA). It enables them to finance a car for their family or personal use in Pakistan.
2. CarGar Auto Finance (For Local Customers)
CarGar provides installment-based car loans to salaried and self-employed individuals. It supports both new and used vehicles with tenures up to 5 years.
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Eligibility Criteria
| Criteria | Roshan Apni Car | CarGar Auto Finance |
|---|---|---|
| Account Requirement | Roshan Digital Account | Regular BOP Account |
| Age Limit | No age cap (lien-based) | 21 to 60 years |
| Income Requirement | Not fixed (lien-based) | Salaried: PKR 30,000+ |
| Employment Duration | 6 months in current role | Salaried: 1 year / Self-employed: 1 year |
| Nominee Required | Yes (Local Pakistani) | No |
Key Point: Roshan Apni Car requires a nominee and RDA, while CarGar is suited for residents with fixed income.
Loan & Installment Details
| Feature | Roshan Apni Car | CarGar Auto Finance |
|---|---|---|
| Vehicle Type | New cars only | New & used (up to 5 years) |
| Financing Limit | Up to PKR 10 million | Up to PKR 3 million |
| Loan Tenure | Up to 7 years | Up to 5 years |
| Down Payment | From 15% | Minimum 15% |
| Markup Rate | Very low (lien-based) | KIBOR + 5-6% |
Key Point: Low markup rates and extended tenure make Roshan Apni Car ideal for overseas applicants.
Read More: Bank of Punjab Car Scheme 2025 – Installment & Eligibility Guide
Required Documents
- CNIC / NICOP / POC
- Salary slips or income proof
- Bank statements (last 6 months)
- Business registration (if self-employed)
- Passport-size photos
- Nominee documents (Roshan Car Scheme)
Key Point: Simple documentation ensures a quick processing time for both plans.
How to Apply for BOP Car Loan
- Visit the BOP official website or nearest branch.
- Choose your plan (Roshan Apni Car / CarGar).
- Fill out the car finance application form.
- Submit required documents.
- Get approval and proceed to car booking.
Key Point: Use BOP’s online calculator to check estimated monthly installments.
Conclusion
The Bank of Punjab Car Scheme 2025 is a smart choice for Pakistanis aiming for affordable car ownership. With easy terms, low markup, and flexible eligibility, this scheme meets the needs of both local and overseas Pakistanis. Stay tuned with Bloom Pakistan
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