To promote women’s empowerment and advance financial inclusion in Pakistan, Allied Bank has introduced a dedicated vehicle financing initiative tailored for women.
The new “Scooty Finance” program offers an accessible and affordable means for women to commute independently, providing them with greater mobility and autonomy.
Key Features
- Exclusive women-focused financing with one of the lowest available mark-up rates
- Flexible repayment terms ranging from 1 to 4 years
- Loan amount of up to PKR 400,000
- Personal equity contribution of at least 30%
- No hidden charges
Eligibility Criteria
Applicants must meet the following general requirements:
- Must be a Pakistani national
- Minimum age: 21 years
- Must have an account with Allied Bank for at least 6 months, or with any other bank for a minimum of 1 year
For Salaried Individuals
- Maximum age: 59 years
- Must be a permanent or directly contracted employee
- At least six salary credits in the designated salary account over the past six months
- Minimum net monthly salary: PKR 35,000
For Self-Employed Individuals
- Maximum age: 64 years
- Must have been in business for a minimum of 1 year
- Minimum net monthly income: PKR 50,000
Required Documentation
To apply for Allied Scooty Finance, applicants must submit the following:
- Proof of income
- Bank statements for the past 6 months
- Copy of CNIC/Smart NIC/NICOP
- Two recent passport-sized photographs
- Completed and signed application form
Currently Allied Scooty Finance is being offered in the following cities only:
Karachi, Lahore, Islamabad, Rawalpindi, Faisalabad and Multan. Visit your nearest ABL Branch to apply for Allied Scooty Finance or dial 111-225-225.