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Drive Home Your Dream Car with Zero Stress — Here’s How
Buying a new car often feels like a luxury, especially with rising prices. But what if you could skip the massive down payment, avoid interest-based loans, and still drive a brand-new Kia Picanto and Stonic on Installments?
Meezan Bank’s Shariah-compliant car financing makes this possible.
In this blog, we’ll dive deep into how you can finance the Kia Picanto or Kia Stonic through Meezan Bank with ease, even on a budget. Whether you want a smart city car or a sporty crossover, you’ll find the perfect solution — all with flexible payment terms and no compromise on Islamic values.
Let’s explore why this plan is a game-changer for car buyers across Pakistan.
Kia Picanto – Compact, Efficient, and Made for the City
Why Choose the Kia Picanto?
The Kia Picanto is a popular hatchback known for:
- Smooth city driving
- Compact size for tight parking
- Stylish design with modern tech
- Fuel-efficient engine
Perfect for first-time buyers, students, and small families.
Meezan Bank Offer for Kia Picanto and Stonic on Installments:
- Monthly Installment Starts At: Rs. 57,642
- Financing Term: Up to 5 years
- Financing Limit: Rs. 3,000,000
- Ex-Factory Price: Rs. 3,850,000
- Registration Cost: Included in 1st rental
- Upfront Payment: Minimal or none depending on plan
This plan turns your dream car into a real possibility — without breaking your monthly budget.
Kia Stonic – The Bold & Sporty Urban SUV
What Makes the Stonic Special?
The Kia Stonic is for drivers who want:
- A higher ride height and SUV feel
- A sporty exterior with advanced safety features
- More luggage space and a premium interior
- Fun-to-drive performance for both city and highway
Ideal for growing families or those who love exploring.
Meezan Bank Offer for Kia Stonic:
- Monthly Installment Starts At: Rs. 63,027
- Financing Tenure: Up to 3 years
- Financing Limit: Rs. 3,000,000
- Ex-Factory Price: Rs. 5,500,000
- Registration Included: Yes
- Minimum Down Payment: Negotiable
You get the flexibility of leasing Kia Picanto and Stonic on Installments — but without the long-term financial burden or high interest.
Benefits of Meezan Car Financing
1. 100% Shariah-Compliant (Interest-Free)
Unlike traditional bank loans, this plan avoids riba (interest) completely. The contract is based on Ijarah, which aligns with Islamic finance principles.
2. Affordable Monthly Rentals
Monthly plans start from just Rs. 57,642, making it easier to own a car on a limited income.
3. Maintenance Options
Meezan Bank offers optional maintenance and takaful (Islamic insurance) coverage for peace of mind.
4. Easy Documentation & Application
Apply with minimal paperwork and quick processing times — especially if you’re a salaried employee.
5. No Hidden Fees
All costs are disclosed upfront. Even the registration fee is covered in your first payment.
Comparison Table: Kia Picanto vs Kia Stonic
| Feature | Kia Picanto | Kia Stonic |
|---|---|---|
| Type | Hatchback | Compact SUV |
| Ideal For | City driving | Urban + Highway |
| Monthly Installment | From Rs. 57,642 | From Rs. 63,027 |
| Financing Term | Up to 5 years | Up to 3 years |
| Engine Efficiency | Excellent for fuel saving | Balanced power and mileage |
| Interior Space | Compact | Spacious |
Step-by-Step: How to Apply for Meezan Car Ijarah
- Visit Meezan Bank’s official site or nearest branch
- Fill out the application form with required documents (CNIC, income proof, etc.)
- Select your preferred Kia model and tenure
- Get approval and finalize documents
- Drive your car home once registered
📌 Note: Pre-approval may take 3–5 business days. Working professionals and business owners are both eligible.
People Also Ask (FAQs)
Is Meezan Bank Car Financing Halal?
Yes. It is based on Ijarah, not interest-based lending, and approved by the bank’s Shariah board.
Can I lease both Picanto and Stonic with Meezan?
Yes, both models are included in the bank’s current financing offers.
Is insurance included?
Islamic insurance (takaful) is available as an add-on, not compulsory.
What if I want to end the lease early?
Meezan Bank allows early termination with calculated adjustments — full transparency applies.
[…] just interest-free – they’re rooted in deep religious values. Unlike conventional loans, halal financing strictly avoids riba (interest), offering a fair, ethical way to own your dream car while staying […]