Owning a personal car feels like a distant dream for many middle-class families in Punjab when faced with skyrocketing interest rates and hefty down payments demanded by commercial banks. The CM Punjab Meri Gari Scheme 2026, launched by the Punjab government under Chief Minister Maryam Nawaz, shatters that barrier by offering subsidized car financing with monthly installments starting as low as Rs. 25,000. This definitive guide covers everything you need to know—from eligibility criteria and the step-by-step online application process to financial calculators, the special E-Taxi variant, and answers to hundreds of semantic queries surrounding this landmark initiative.
Key Takeaways
- Subsidized Markup Advantage: The scheme offers a subsidized markup rate of approximately 6% to 8%, which is drastically lower than commercial car loans ranging from 18% to 22%, making monthly installments genuinely affordable for middle-income families.
- Who Can Apply: Permanent Punjab residents aged 20 to 50 years with a minimum monthly income of Rs. 30,000 and a clean credit history are eligible. Students, working women, and government employees have specific quotas and relaxed conditions.
- Affordable Installments: Monthly payments start from Rs. 25,000 for a 660cc car, with flexible repayment tenures spanning 3 to 7 years. A down payment of 15% to 20% is required.
- Fully Digital Process: The entire application process is online through official Punjab Government portals. Selection is conducted via a transparent e-balloting system, eliminating agents and middlemen.
- E-Taxi Variant: A dedicated CM Punjab E-Taxi Scheme 2026 promotes electric vehicles for self-employment, offering zero-markup loans with a 3-month grace period for unemployed youth and women.
- Documents You Need: Keep your CNIC, Punjab domicile, proof of income (salary slips or bank statements), utility bill, and passport-size photos ready before starting the online registration.
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Meri Gari Scheme (by CM Punjab) | How to Apply Online
Table Of Contents
What Is the CM Punjab Meri Gari Scheme 2026 and Why Was It Launched?
The CM Punjab Meri Gari Scheme 2026 is a government-subsidized vehicle financing program designed to help low- and middle-income families, students, and working professionals in Punjab own a personal car through affordable monthly installments. Unlike conventional car loans that carry exorbitant interest rates, this scheme operates on a public-private partnership model involving the Government of Punjab, the Bank of Punjab (BOP), and authorized vehicle dealers. The scheme ensures complete transparency through a digital application system and computerized e-balloting for selection.
What Are the Primary Objectives of the CM Punjab Meri Gari Scheme?
The CM Punjab scheme addresses multiple socioeconomic goals simultaneously. First, it improves personal mobility for families who rely on expensive and unreliable public transport. Second, it creates self-employment opportunities by enabling beneficiaries to use their vehicles for ride-hailing services like Careem, InDrive, and Bykea. Third, it promotes financial inclusion by bringing low-to-middle-income households into the formal banking sector. Fourth, it specifically empowers women through reserved quotas and favorable financing terms. Finally, the scheme stimulates the local automobile industry by focusing on fuel-efficient, locally assembled vehicles.
Who Launched the Meri Gari Scheme 2026 and Under Which Vision?
The Government of Punjab launched the scheme under the direct leadership of Chief Minister Maryam Nawaz Sharif as part of the broader “Meri” brand of welfare initiatives. This program aligns with the government’s commitment to providing relief to common citizens facing inflationary pressures. By making car ownership accessible, the administration aims to reduce the transportation burden on household budgets while simultaneously creating income-generating assets for the youth.
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How Does the CM Punjab Meri Gari Scheme Differ from Commercial Car Loans?
The differences are substantial and worth understanding before applying.
| Feature | CM Punjab Meri Gari Scheme | Commercial Bank Car Loans |
|---|---|---|
| Markup Rate | Subsidized 6% – 8% | 18% – 22% |
| Down Payment | 15% – 20% | 25% – 40% |
| Repayment Tenure | 3 – 7 years | 1 – 5 years |
| Target Audience | Low/middle-income groups, students, women | General public with high credit scores |
| Selection Process | Transparent e-balloting | First-come, first-served + credit assessment |
| Government Subsidy | Yes, significant | No |
The subsidized markup alone can save applicants hundreds of thousands of rupees over the loan tenure compared to commercial financing options.
Who Is Eligible to Apply for the CM Punjab Meri Gari Scheme 2026?
Understanding the eligibility criteria is the first step toward a successful application. The scheme has clearly defined requirements to ensure benefits reach the intended demographic.
What Is the Basic Residency and Domicile Requirement?
Permanent residency in Punjab with a valid Punjab domicile is mandatory for all applicants. The domicile certificate must be verifiable through the relevant district authority. Temporary residents or those holding domiciles from other provinces are not eligible, as the scheme is funded by the Punjab government specifically for its residents.
Can Overseas Pakistanis Apply for Their Families in Punjab?
Yes, overseas Pakistanis can apply on behalf of their eligible family members residing in Punjab. The process requires the overseas applicant to provide a valid NICOP (National Identity Card for Overseas Pakistanis) and a notarized affidavit or power of attorney authorizing the family member to complete the vehicle acquisition process. The primary beneficiary in Punjab must still meet all other eligibility criteria, including age, income, and credit history requirements.
What Is the Age Limit for Applicants?
The general age limit for applicants is 20 to 50 years at the time of application. For salaried individuals working in government or reputable private organizations, the upper age limit may extend to 55 or even 60 years, provided the applicant has sufficient years of service remaining before retirement. Self-employed individuals and business owners must strictly fall within the 20-to-50 age bracket.
Is There a Different Age Limit for the E-Taxi Scheme Applicants?
Yes, the CM Punjab E-Taxi Scheme 2026 has slightly different parameters. Applicants must be between 21 and 50 years of age. Additionally, they must possess a valid driving license with a minimum of two years of driving experience. Priority is given to unemployed youth and women who can use the electric vehicle for income generation.
What Is the Minimum Monthly Income Required to Qualify?
A minimum verifiable monthly income of Rs. 30,000 to Rs. 50,000 is required, depending on the vehicle category selected. The income must be documented through official channels. For salaried individuals, this means providing salary slips or employer certificates. For self-employed applicants, bank statements showing regular deposits or business registration documents are acceptable.
Can Unemployed Persons or Job Seekers Apply for the Scheme?
Yes, unemployed individuals can apply, but they must present a realistic earning plan or demonstrate an informal income source. For example, if the applicant intends to use the vehicle for ride-hailing services, they can submit a detailed plan projecting earnings from platforms like Careem, InDrive, or Bykea. In such cases, a co-applicant or guarantor with a stable income may strengthen the application.
Can Students Apply for a Car Under This Scheme?
Students enrolled in HEC-recognized universities or degree colleges are a key target group for the Meri Gari Scheme. Female students receive particular priority with favorable debt-to-equity ratios, such as 90:10, meaning the bank finances 90% of the vehicle cost while the student contributes only 10% as down payment. Male students are also eligible but may face slightly different terms. A valid student ID card and an enrollment certificate from the educational institution are mandatory.
What Are the Specific Eligibility Criteria for Female Students?
Female students benefit from relaxed conditions designed to encourage women’s mobility and empowerment. The debt-to-equity ratio for female students is typically 90:10, compared to 80:20 for male applicants. The income requirement may also be more flexible, with alternative documentation accepted in lieu of formal salary slips. Additionally, a learner driving permit may be accepted at the application stage, though a full license remains mandatory before vehicle delivery.
Can Government Employees Apply for the Meri Gari Scheme?
Government employees are explicitly eligible for the scheme, provided they meet the residency, age, and income criteria. Their salary is easily verifiable through official government records, which often speeds up the approval process. However, they must not have any history of bank loan defaults, and their monthly income must fall within the prescribed range.
Is a Clean Credit History Mandatory for This Scheme?
Absolutely. All applicants must have a clean credit history with no previous loan defaults. The partner banks conduct an e-CIB (Electronic Credit Information Bureau) check to verify the applicant’s creditworthiness. Any history of defaulting on previous loans, credit card dues, or other financial obligations will lead to immediate disqualification. Applicants are advised to obtain their credit report before applying to avoid surprises.
Can I Apply If I Already Own Another Car?
The scheme primarily targets first-time car owners or those from low-income families who currently do not own a vehicle. If an applicant already owns a car, particularly a luxury or expensive model, they are likely to be disqualified. The objective is to provide mobility to those who currently lack it, not to subsidize additional vehicles for existing owners.
Is There a Specific Quota for Women, Disabled Persons, or Minorities?
Yes, the scheme incorporates affirmative action through reserved quotas. Women have a dedicated 30% quota across all categories, ensuring their representation among beneficiaries. Similarly, disabled persons and minorities have specific quotas as per government policy. Applicants falling under these categories must provide supporting documentation, such as disability certificates or minority affiliation proofs, to claim the quota benefits.
Can Two Family Members from the Same Household Apply Separately?
The rules regarding multiple applications from the same household are designed to prevent concentration of benefits. Generally, only one application per household is permitted to ensure wider distribution. If two family members apply separately, the bank verification process will flag duplicate addresses or family connections, potentially disqualifying both applications. Applicants should clarify these rules with the partner bank before applying.
Which Cars and Vehicles Are Available Under the Meri Gari Scheme 2026?
The vehicle options under the scheme are carefully selected to balance affordability, fuel efficiency, and local economic considerations.
What Types of Cars Are Included in the Scheme?
The focus is on small, fuel-efficient, locally assembled vehicles that keep both the purchase price and operating costs low. The most common category includes 660cc and 1000cc hatchbacks such as the Suzuki Alto, which is ideal for city commuting and offers excellent fuel economy. These vehicles qualify for lower installments and reduced markup rates due to their lower price points.
Are Electric Vehicles Included in the 2026 Phase?
Yes, electric vehicles have a dedicated variant called the CM Punjab E-Taxi Scheme 2026. This component promotes green energy adoption while creating employment opportunities. Specific E-Taxi models available include:
- Crown E-Taxi Model
- Jolta E-Cab
- MG Electric Sedan
- Changan EV Taxi variants
These electric vehicles come with zero-markup financing and additional subsidies to encourage environmentally friendly transportation solutions.
Can I Apply for a Used or Certified Car Through This Initiative?
Yes, certified used cars up to three years old are available under the scheme. These vehicles undergo thorough inspection by authorized dealers and partner banks to ensure they meet quality and safety standards. Certified used cars offer a more affordable entry point for applicants with tighter budgets, though financing terms may differ slightly from new vehicles.
Are Luxury Cars or Sedans Available?
Luxury vehicles and high-end sedans are generally excluded from the scheme because they contradict the affordability objective. The program targets basic transportation needs, not luxury consumption. However, standard sedan models may be available for specific professional categories, such as doctors or lawyers, who require a more formal vehicle for their work. These cases are evaluated individually.
How to Apply Online for the CM Punjab Meri Gari Scheme 2026?
The application process is fully digital to ensure transparency and accessibility. Follow these steps carefully.
What Is the Official Website for the Meri Gari Scheme Online Application?
The official application portal is hosted on the Punjab Government website. Applicants should navigate to the dedicated vehicle financing section through punjab.gov.pk or follow links provided in official government announcements. It is crucial to use only these official channels, as fake websites and agents promising guaranteed approval are common. The government does not charge any fee for applications.
What Is the Step-by-Step Process to Apply Online?
Step 1: Register on the Punjab Government Portal
Visit the official website and create an account using your 13-digit CNIC number and registered mobile number. The system will send a verification code via SMS to confirm your identity. Keep your mobile handy, as this number will receive all future updates regarding your application status.
Step 2: Fill the Meri Gari Scheme Online Application Form
Once logged in, complete the application form with accurate personal, family, and employment details. You will need to specify your preferred vehicle category and whether you are applying under any special quota (women, disabled persons, minorities). Double-check all entries before proceeding, as errors can lead to rejection.
Step 3: Upload Documents for the Application
Scan and upload clear, legible copies of all required documents. The portal accepts PDF and JPEG formats with specified file size limits. Ensure that scans are not blurry and that all text is readable. Incomplete or unclear documents are a leading cause of application rejection.
Step 4: Submit the Application and Get a Tracking ID
After reviewing all information and uploaded documents, submit the application. The system will generate a unique Tracking ID or Application Number. Save this number immediately. You will need it to check your application status and for all future correspondence.
How Can I Track My Application Status Online?
Use your CNIC number and the provided Tracking ID on the official portal to check your application status at any time. The system updates at key stages: document verification, bank approval, e-balloting eligibility, and final selection. Additionally, SMS alerts are sent to your registered mobile number at each stage, keeping you informed without needing to log in.
What Is the Last Date to Apply for the 2026 Phase?
Application deadlines are announced periodically based on the number of applications received and vehicle availability. The government typically opens application windows for specific durations, such as 30 or 45 days. Applicants should regularly check the official portal for announcements and avoid waiting until the last day, as technical issues could prevent timely submission.
Is the Application Process Free of Cost?
Yes, the application process is completely free. No fees are charged for registration, form submission, or document verification. Applicants must not pay any agent, middleman, or third party who claims they can guarantee selection or expedite the process. Such promises are fraudulent, and the government has warned citizens against falling for these scams.
What Documents Are Required for the Meri Gari Scheme Online Registration?
Proper documentation is essential for a smooth application process. Prepare these documents before starting your online registration.
What Is the Complete List of Required Documents?
For Identity Verification:
- Scanned copy of CNIC (front and back) on a single page
- Recent passport-size photographs with white background
- Photograph must meet NADRA specifications
For Residence Verification:
- Valid Punjab Domicile Certificate issued by the competent authority
- Recent utility bill (electricity or gas) showing your current residential address
- The name on the utility bill must match your CNIC
For Income Verification:
| Employment Type | Required Documents |
|---|---|
| Salaried Employees | Last 6 months’ salary slips, employer certificate, last 6 months’ bank statements showing salary credits |
| Self-Employed | Last 6 months’ bank statements, business registration certificate, income tax returns (if available) |
| Business Owners | Partnership deed (if applicable), business bank statements, proof of business existence |
| Students | No income proof required; rely on co-applicant or guarantor with stable income |
For Students:
- Valid Student ID card from an HEC-recognized university or college
- Enrollment certificate confirming current enrollment and expected graduation date
- For female students: additional documentation may not be required beyond standard student proofs
For Driving:
Is a driving license mandatory at the time of application?
A valid driving license is preferred but not mandatory at the initial application stage. For women and specially-abled persons, a learner permit may be accepted provisionally. However, a full, valid driving license is absolutely mandatory before the vehicle is delivered. Applicants should obtain their license during the verification and approval period to avoid last-minute complications.
What Is the Financial Breakdown: Down Payment, Monthly Installments, and Markup?
Understanding the financial commitment helps applicants plan their budgets effectively.
How Much Is the Down Payment for a Car Under This Scheme?
The down payment typically ranges from 15% to 20% of the vehicle’s total on-road price. For female applicants and those under special quotas, the down payment may be as low as 10% due to favorable debt-to-equity ratios. The exact percentage depends on the vehicle model, applicant category, and partner bank policies at the time of approval.
What Is the Monthly Installment Amount for a 660cc Car?
Monthly installments start from approximately Rs. 25,000 for a 660cc vehicle like the Suzuki Alto. Here is an illustrative example to help you understand the calculation:
| Vehicle Parameter | Value |
|---|---|
| Vehicle Price | Rs. 1,600,000 |
| Down Payment (15%) | Rs. 240,000 |
| Financed Amount | Rs. 1,360,000 |
| Loan Tenure | 5 years (60 months) |
| Markup Rate | 6% per annum |
| Approx. Monthly EMI | Rs. 25,000 – 28,000 |
Note that actual installments may vary based on the final markup rate, processing fees, and insurance costs.
How to Use the Meri Gari Scheme Calculator?
The Bank of Punjab and other partner banks provide online car loan calculators on their websites. To use them effectively:
Step 1: Input the vehicle price or the amount you wish to finance.
Step 2: Enter the down payment amount or percentage you can afford.
Step 3: Select the repayment tenure in months or years.
Step 4: The calculator applies the current subsidized markup rate to show your estimated monthly installment.
Step 5: Adjust any variable to see how it affects your EMI, helping you choose a combination that fits your budget.
Is the Scheme Interest-Free or Based on a Subsidized Markup?
The scheme is not entirely interest-free, except for the specific E-Taxi pilot program. It operates on a subsidized markup basis, with rates estimated between 6% and 8% per annum. This is significantly lower than commercial banks’ 18% to 22% markup rates. The government covers the difference between the subsidized rate and the market rate as a subsidy to beneficiaries.
What Is the Loan Repayment Period?
Applicants can choose repayment tenures ranging from 3 to 7 years (36 to 84 months). Longer tenures reduce the monthly installment but increase the total markup paid over the loan’s life. Shorter tenures have higher monthly payments but lower total cost. Applicants should select a tenure that balances affordability with overall cost.
Are There Any Hidden Processing Fees?
While the application process is free, standard banking charges apply upon approval. These may include:
- Nominal processing fee (one-time)
- Document verification charges
- Vehicle registration and transfer fees
- Mandatory insurance or takaful premiums
All charges are disclosed upfront in the financing agreement, and the government has emphasized transparency to prevent hidden costs.
What Is the Financial Breakdown for the E-Taxi Scheme?
The E-Taxi variant has a different structure designed to promote electric vehicle adoption. For a typical electric taxi:
| Component | Amount |
|---|---|
| Government Subsidy | Rs. 585,000 |
| Applicant Down Payment | Rs. 3,360,000 |
| Loan Amount (Interest-Free) | Balance amount |
| Loan Tenure | 5 years |
| Grace Period | 3 months before repayments start |
| Monthly Installment (without insurance) | Rs. 79,825 |
| Monthly Installment (with insurance) | Rs. 92,825 |
This structure allows beneficiaries to start earning from the taxi before significant repayments begin.
How Does the Selection and E-Balloting System Work?
The selection process is designed to be transparent and merit-based, eliminating human interference.
How Does the E-Balloting System Work for Selection?
After the application deadline closes, all submitted applications undergo initial verification by the partner banks. Eligible applications are entered into a computerized database. The e-balloting system then randomly selects beneficiaries from this pool using an algorithm that ensures fair chance for all eligible applicants. The entire process is conducted in the presence of government officials and can be observed by the public through live streaming on the official portal.
What Happens After I Am Selected in the Balloting?
Selected applicants receive an official notification via SMS and email. The next steps include:
- Receiving a formal offer letter from the partner bank with detailed terms
- Paying the down payment within the specified deadline
- Signing the financing agreement at the bank branch
- Completing vehicle registration and insurance formalities
- Taking delivery of the vehicle from an authorized dealership
Failure to complete any step within the deadline may result in forfeiture of the selection.
What Happens If I Miss a Monthly Installment?
Missing a monthly installment triggers standard banking procedures:
- Late payment penalties as specified in the financing agreement
- Negative reporting to the e-CIB, affecting your future creditworthiness
- Follow-up notices and recovery calls from the bank
- In extreme cases of prolonged default, legal proceedings and vehicle repossession
Applicants facing financial difficulties should immediately contact the bank to explore restructuring options before missing payments.
Will the Government Provide Insurance and Trackers for the Vehicles?
Insurance or takaful coverage is mandatory for all financed vehicles. The bank typically arranges this through approved insurance companies, and the premium is either added to the financed amount or paid separately. Trackers are also mandatory, especially for vehicles used commercially under the E-Taxi scheme. These trackers help with vehicle recovery in case of theft and allow banks to monitor usage as per agreement terms.
CM Punjab E-Taxi Scheme 2026
The E-Taxi variant deserves special attention as it combines environmental goals with employment generation.
What Is the CM Punjab E-Taxi Scheme 2026?
It is a zero-markup financing initiative specifically for electric vehicles to be used as taxis. The scheme aims to reduce urban air pollution, create green jobs for unemployed youth, and provide affordable public transport options. Selected beneficiaries receive electric vehicles with significant government subsidies and favorable repayment terms.
Who Is Eligible for the E-Taxi Scheme?
Eligibility criteria for the E-Taxi scheme include:
- Punjab domicile with valid CNIC
- Age between 21 and 50 years
- Valid driving license with minimum 2 years driving experience
- Unemployed youth and women given priority
- No previous criminal record or loan defaults
- Basic understanding of electric vehicle operation
How to Apply for the E-Taxi Scheme Online?
Applications are submitted through the dedicated e-taxi.punjab.gov.pk portal. The process mirrors the main Meri Gari Scheme but includes additional fields related to driving experience and intended taxi operation plans. Applicants may need to provide a brief business plan explaining how they will generate income from the electric taxi.
What Is the Subsidy and Repayment Schedule for E-Taxis?
The government provides a substantial upfront subsidy to reduce the financial burden. The repayment schedule includes a 3-month grace period before installments begin, allowing beneficiaries to start earning and stabilize their income. The interest-free loan is repaid over 5 years with fixed monthly installments.
Common Mistakes to Avoid and Expert Tips for a Successful Application
Learn from others’ mistakes to ensure your application proceeds smoothly.
What Are the Top Reasons for Application Rejection?
Understanding common pitfalls helps you avoid them:
Incorrect or Incomplete Information:
- Mismatched names between CNIC and application form
- Wrong CNIC numbers or mobile digits
- Incomplete address details
Document Issues:
- Blurry or unreadable uploaded documents
- Expired CNIC or domicile
- Missing pages (e.g., only front side of CNIC uploaded)
Eligibility Problems:
- Not meeting the minimum income threshold
- Having a poor credit history (e-CIB default)
- Previous vehicle ownership disqualifying the applicant
Procedural Mistakes:
- Applying through fake websites or agents
- Missing the application deadline
- Not saving the tracking ID for future reference
How Can I Make My Application Stronger?
Follow these expert tips to improve your chances:
Prepare Documents in Advance:
Scan all documents in clear, legible format before starting the application. Keep digital copies organized in a single folder for easy upload.
Verify All Information:
Double-check every entry against your original documents. Ensure names, CNIC numbers, and contact details match exactly.
Maintain a Clean Bank Account:
Have a consistent bank account with regular transactions. Avoid cash deposits that cannot be traced. A clean banking history strengthens your application.
For Job Seekers:
Prepare a detailed income generation plan showing how you will use the vehicle for ride-hailing or delivery services. Include realistic earnings projections based on market research.
Apply Early:
Do not wait until the last day. Technical issues, website slowdowns, or document problems can derail last-minute applications.
Frequently Asked Questions (FAQs)
What is the CM Punjab Meri Gari Scheme 2026?
It is a government-subsidized car financing program for Punjab residents, offering low-markup loans with monthly installments starting from Rs. 25,000 to help middle-income families own personal vehicles.
Who is eligible to apply?
Permanent Punjab residents aged 20-50 with a minimum monthly income of Rs. 30,000 and a clean credit history. Students, women, government employees, and self-employed individuals are all eligible under specific categories.
What is the official website for application?
Applications are submitted through the Punjab Government portal at punjab.gov.pk or the dedicated vehicle financing section. Avoid unofficial websites.
Is there an age limit?
The general age limit is 20 to 50 years. For salaried individuals, it may extend to 55-60 years depending on service remaining. The E-Taxi scheme requires applicants to be 21-50 years old.
What is the minimum income required?
A minimum verifiable monthly income of Rs. 30,000 to Rs. 50,000 is required, depending on the vehicle category selected.
How much is the down payment?
Down payment ranges from 15% to 20% of the vehicle price. Female applicants may qualify for 10% down payment under favorable terms.
What documents are needed?
CNIC, Punjab domicile, proof of income (salary slips or bank statements), utility bill, passport-size photographs, and for students, a valid student ID and enrollment certificate.
Is a driving license mandatory?
A valid driving license is preferred at application and mandatory for vehicle delivery. Women and specially-abled persons may apply with a learner permit initially.
Is the scheme interest-free?
It offers a subsidized markup of approximately 6% to 8%, which is significantly lower than commercial rates. The E-Taxi scheme has interest-free loans.
How long is the repayment period?
Repayment tenures range from 3 to 7 years, allowing applicants to choose a plan that fits their monthly budget.
How does e-balloting work?
Eligible applications are entered into a computerized lottery system that randomly selects beneficiaries in a transparent, publicly observable process.
Can overseas Pakistanis apply?
Yes, overseas Pakistanis can apply on behalf of eligible family members in Punjab using their NICOP and a notarized power of attorney.
What is the quota for women?
Women have a dedicated 30% quota across all categories, with relaxed eligibility conditions and lower down payment requirements.
Which banks are partnering?
The Bank of Punjab (BOP) is the primary partner, with other financial institutions potentially joining as the scheme expands.
What is the deadline?
Deadlines are announced periodically. Applicants should regularly check the official portal for current application window dates.
Can unemployed people apply?
Yes, if they present a realistic earning plan for using the vehicle in ride-hailing or delivery services, often with a co-applicant or guarantor.
Are used cars available?
Yes, certified used cars up to three years old are available under the scheme at lower price points.
What is the E-Taxi scheme?
A dedicated variant offering zero-markup financing for electric vehicles to be used as taxis, with a 3-month grace period before repayments start.
How can I track my application?
Use your CNIC and Tracking ID on the official portal. SMS alerts are also sent to your registered mobile number at key stages.
Is there a processing fee?
The application is free. Nominal bank charges apply only after approval and are disclosed upfront in the financing agreement.
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