MCB Roshan Apni Car Financing Scheme 2025: Installment Plans

Are you an Overseas Pakistani wanting to purchase a new or used car for yourself or your family back home? Then the MCB Roshan Apni Car Scheme is for you. The Roshan Apni Car Scheme is a part of the Roshan Digital Account initiative, and it provides a quick, simple, and secure way to finance a vehicle in Pakistan with special benefits designed just for non-resident Pakistanis.

MCB Roshan Apni Car Financing Scheme Eligibility Criteria

The program is for Non-Resident Pakistanis (NRPs) with an active Roshan Digital Account (RDA) with MCB Bank. There are two main categories for eligibility:

Lien-Based Financing: For RDA holders who either invest money in Naya Pakistan Certificates or have any remaining funds in their RDA. Lien–Based Financing has no age requirement, minimum income requirement, or down payment.
Non-Lien-Based Financing: For RDA holders who are salaried or self-employed, or who regularly send remittances.

Eligibility Requirement	Lien-Based	Non-Lien-Based
Residency	Must be an Overseas Pakistani	Must be an Overseas Pakistani
Account Type	Must be an active MCB RDA holder with investments or deposits.	Must be an active MCB RDA holder.
Age	No age limit.	Min. 22 years, max. 60 years at loan maturity.
Income Proof	No income proof is required.	Required, based on your profession and country of residence.
Down Payment	No down payment required.	Minimum 15% down payment.

Key Features

Digital Convenience: The entire application process (submission, approval, etc.) was done digitally – no paperwork and no physical visits to the bank.
Auto Financing: The scheme includes options for financing both new and used vehicles, even imported vehicles (up to six years old).
Flexible Options: The scheme allows you to choose between 2 financing product types (Lien-Based vs Non-Lien-Based), and for flexible loan tenures stretching up to 7 years.
Nominating in Pakistan: The process to nominate a close family member (spouse, parents, siblings, or children) in Pakistan to receive and use the vehicle is straightforward.
Attractive Rates: Enjoy competitive markup rates and competitive rates on insurance specifically designed for RDA holders.
Expedited Delivery: The scheme even provides priority delivery on many popular car models, effectively reducing your wait time.

How to Apply

Log in to your MCB Digital Account Portal.
Go to the Roshan Apni Car section.
Complete the online application form with your details and vehicle choices.
Upload the necessary documents. It will be a month’s bank statement and proof of income for non-lien-based applicants.
Submit your application. The bank will process your request digitally and will keep you updated on the status.

For assistance, you can email rdu@mcb.com.pk or call +92 42 111 000 622.

Final Words

MCB Roshan Apni Car Scheme – an indication of MCB’s commitment towards empowering Overseas Pakistanis & reaffirming their ties with home, has made it easy to purchase a car in Pakistan. The process is straightforward and rewarding. Whether you are acquiring a car for your family or yourself while visiting your family in Pakistan, your dream car with MCB is just a few simple clicks away.

FAQs

Q1: Can I apply for a loan without having a Roshan Digital Account?
A1: No, this is a requirement, and only those with an active MCB Roshan Digital Account can apply under the scheme.

Q2: What is the maximum loan I can receive?
A2: There is no maximum loan amount for lien-based financing. MCB will lend you based on the lower of either 100% of your RDA funds/investment, excluding the price of the vehicle or the value of the vehicle being purchased. For non-lien-based financing, the maximum amount is PKR 10 million.

Q3: Is a nominee in Pakistan required?
A3: Yes, a close family member must be nominated in Pakistan to receive the vehicle.

Q4: Can I finance a used car or an imported car?
A4: Both new cars and used cars may be financed. Imported cars but be less than six years old.