With Meezan Car Ijarah, Roshan Digital Account holders (overseas Pakistanis) can lease a new Toyota, Honda, Suzuki or Kia through Meezan Car Ijarah from a 15% deposit for up to 7 years, at fixed profit rates of 13.90% to 14.37%. A Suzuki Alto VXR costs about Rs 54,718 a month over 7 years, and a Honda City 1.2 about Rs 87,643. There is no processing fee, and the car is delivered to a close relative in Pakistan.
Last updated: 2 November 2026 by Ahmed. Rates checked on Meezan Bank’s website on 2 November 2026.
Calculate your exact rent: open our free Meezan Bank Car Loan Calculator and choose “Overseas (Roshan Digital Account)”.
Meezan Car Ijarah Roshan Digital Account Terms at a Glance
| Feature | Roshan Digital Account customers | Customers in Pakistan |
|---|---|---|
| Minimum deposit (salaried) | 15% (SUV 25%) | 30% or more |
| Minimum deposit (business) | 25% (SUV 35%) | 30% or more |
| Maximum tenure | 7 years, any engine size | 5 years up to 1000cc, 3 years above |
| Maximum financing | Rs 1 crore net, up to 2 cars | Rs 30 lakh from all banks |
| Fixed profit rate | 13.90% to 14.37% | 15% in Meezan’s calculator |
| Variable profit rate | 11.74% | Not offered in calculator |
| Processing fee | None | Rs 3,800 + FED |
| Brands | Toyota, Honda, Suzuki, Kia | All listed brands |
| Residual Value Ijarah | Not offered | Offered |
Profit Rates by Tenure
| Tenure | 1 year | 2 years | 3 years | 4 years | 5 years | 6 years | 7 years |
|---|---|---|---|---|---|---|---|
| Fixed rate | 13.90% | 14.09% | 14.30% | 14.34% | 14.36% | 14.36% | 14.37% |
The variable rate is 11.74%. Meezan says rates can be revised based on your deposit and the PKRV rate at disbursement. Takaful and tracker are charged on top.
Meezan Car Ijarah Roshan Digital Account Installments (Salaried, Minimum Deposit)
| Car (price) | Deposit | 3 years | 5 years | 7 years |
|---|---|---|---|---|
| Suzuki Alto VXR (Rs 29,94,861) | 15% (Rs 4,49,229) | Rs 94,361 | Rs 66,417 | Rs 54,718 |
| Kia Picanto MT (Rs 36,00,000) | 15% (Rs 5,40,000) | Rs 1,12,760 | Rs 79,170 | Rs 65,107 |
| Suzuki Cultus VXR (Rs 40,89,490) | 15% (Rs 6,13,424) | Rs 1,30,144 | Rs 91,987 | Rs 76,011 |
| Honda City 1.2 LS CVT (Rs 47,67,000) | 15% (Rs 7,15,050) | Rs 1,50,744 | Rs 1,06,265 | Rs 87,643 |
| Toyota Yaris 1.3 GLI CVT (Rs 48,35,000) | 15% (Rs 7,25,250) | Rs 1,52,811 | Rs 1,07,698 | Rs 88,810 |
| Toyota Corolla X 1.6 CVT-i (Rs 67,19,000) | 15% (Rs 10,07,850) | Rs 2,10,095 | Rs 1,47,404 | Rs 1,21,156 |
| Honda Civic Oriel (Rs 88,69,000) | 15% (Rs 13,30,350) | Rs 2,75,468 | Rs 1,92,715 | Rs 1,58,068 |
| Kia Sportage Alpha (Rs 88,99,000), SUV | 25% (Rs 22,24,750) | Rs 2,45,835 | Rs 1,72,475 | Rs 1,41,724 |
Installments include takaful (about 1.5% of the price in year one, as in Meezan’s calculator) and the tracker. Your actual takaful rate depends on the takaful company.
Who Is Eligible?
- You hold a Roshan Digital Account with Meezan Bank (PKR or foreign currency account holders both qualify).
- Age: at least 25. At the end of the lease, no older than 60 if salaried or 65 if self-employed.
- Salaried: at least 2 years’ continuous employment in your current job.
- Business: at least 3 years in your current business or industry.
- Repayment capacity: all monthly repayments, including the new rent, within 40% of your take-home income.
- Credit checks: clear e-CIB and Data Check reports in Pakistan, plus a credit bureau report from your country of residence on a best-effort basis.
- Nominee in Pakistan: the car is delivered to a nominee or co-borrower who is a blood relative (father, mother, son, daughter, brother or sister) or spouse living in Pakistan, aged no more than 70 at the end of the lease.
Documents Required
Salaried:
- Latest employment certificate showing your joining date
- Last 6 months’ salary-credited bank statement
- Nominee’s CNIC copy
- Name and mailing address of your employer’s HR representative
- Credit bureau report from your country of residence
Business:
- Valid business proof
- Last 6 months’ bank statement verified through the embassy
- Nominee’s CNIC copy
- Credit bureau report from your country of residence
- If your income is remittances, the remitter’s last 6 months’ bank statements
You also fill in Meezan’s RDA customer application form.
How You Pay
Monthly rent is collected by direct debit from your PKR Roshan Digital Account, so keep enough rupees in it each month. Documentation and security charges are paid at actual cost at disbursement.
Filer or Non-Filer?
Meezan says a non-filer pays 4% advance tax on the car’s cost at disbursement. On a Rs 47.7 lakh Honda City that is about Rs 1.9 lakh, so it is worth checking whether you can become a tax filer first.
Meezan Car Ijarah: Roshan Digital Account vs Resident
For a Suzuki Alto VXR over 5 years with a 30% deposit, the Roshan Digital rent is about Rs 55,880 vs Rs 56,598 for a resident: slightly cheaper because the profit rate is lower. The bigger advantage is flexibility: a 15% deposit, 7 years for any car, and up to Rs 1 crore of financing, so a Corolla or Civic becomes possible with a much smaller upfront payment than the 60% to 70% a resident needs.
FAQ
Can overseas Pakistanis get a car loan from Meezan Bank?
Yes. Roshan Digital Account holders can lease new Toyota, Honda, Suzuki and Kia cars through Meezan Car Ijarah from a 15% deposit for up to 7 years.
What is the Meezan Roshan Digital car financing rate?
13.90% for 1 year rising to 14.37% for 7 years (fixed), or 11.74% variable, plus takaful and tracker.
Who receives the car if I live abroad?
Your nominee in Pakistan: a parent, child, brother, sister or spouse.
Is there a processing fee for Roshan Digital car financing?
No. Meezan charges no processing fee to Roshan Digital customers. Documentation and security charges are paid at actual cost.
Can I get Residual Value Ijarah through Roshan Digital Account?
No. Meezan does not offer Residual Value Ijarah to Roshan Digital Account holders.
Can I buy a Changan, MG or Hyundai through Roshan Digital car financing?
Not under Meezan Car Ijarah at present. Meezan lists Toyota, Honda, Suzuki and Kia for Roshan Digital customers.
Related Guides
- Meezan Bank Car Loan Calculator
- Meezan Car Ijarah 2026: rates, deposit and eligibility
- Meezan Bank car installment plan for every model
- Suzuki Alto installment plan on Meezan Bank
- Digital banks in Pakistan
- Remittance calculator: compare SAR, AED and GBP to PKR
- Roshan Digital Account guide