HBL Introduces Lowest Fixed Markup Rate on Car Loans

Habib Bank Limited (HBL) has announced the launch of a special auto-financing scheme, offering the industry’s lowest fixed markup rate of 9.99%. The limited-time offer makes it easier for customers to purchase their dream car with one of the most competitive financing packages currently available in Pakistan’s banking sector.

Offer Details

Under this initiative, customers can avail:

• Fixed markup rate of 9.99% on all financing
• Applicability on all new and locally manufactured vehicles
• Priority vehicle delivery
• A complimentary vehicle tracker for enhanced safety and monitoring

The bank has highlighted that this is a time-bound opportunity, valid only until 31st October 2025.

Application Process

Clients have the option to apply conveniently through two channels:

1. Digitally via the HBL Mobile App, ensuring a smooth and paperless process
2. By visiting any of HBL’s extensive branch network nationwide

This approach allows customers to choose the method that best suits their convenience, with digital banking being emphasized for faster application turnaround.

Why It Matters

With rising vehicle prices and high financing costs in recent years, the reduced markup rate of 9.99% offers significant relief for individuals and families considering purchasing a new car.

HBL’s move is also expected to encourage greater adoption of car financing in Pakistan’s auto sector, which has faced challenges due to economic pressures, interest rate hikes, and affordability issues.

Limited Time Window

The offer will remain available only until the end of October, after which standard rates are expected to apply. Customers are therefore encouraged to take advantage of the deal before the deadline.