Buy Inverex EV with Zero Interest Through Bank Islami

Jawad

25 Jul 2025

312 Inverex

Buy Inverex EV with Zero Interest Through Bank Islami

Bank Islami has introduced a new Inverex EV Finance scheme offering a 0% Interest Car Loan for a short-term period of one year. This exciting Bank Islami EV Loan aims to promote eco-friendly transportation by making Inverex Electric Vehicles more accessible through Zero Interest Auto Finance. The offer is Shariah-compliant and designed to increase the adoption of electric mobility across Pakistan.

Attractive Financing Details

As part of the limited-time Bank Islami Offers, eligible customers can secure EV Loan Pakistan funding of up to Rs. 2 million for purchasing Inverex electric vehicles. The loan tenor is fixed at one year, with a Takaful rate of just 1.25%. The structure follows the Islamic Diminishing Musharakah model, where Electric Car Installments gradually transfer ownership of the vehicle from the bank to the customer.

Vehicle Eligibility and Loan Terms

This offer is valid exclusively on brand-new Inverex electric vehicles. To qualify for Pakistan EV Financing, vehicles must come with a tracker approved by Bank Islami and insured through its partnered Takaful providers. The required equity contribution ranges between 30% and 90% of the Inverex EV price, depending on the applicant’s financial profile and risk category.

Who Can Apply?

Pakistani nationals between the ages of 18 and 65 (for salaried applicants) or up to 70 (for self-employed professionals) can apply for the Bank Islami EV Loan. Required documents include a valid CNIC, recent bank statements, proof of income, and details of the equity contribution. All applications undergo standard credit evaluation as per the bank’s policies.

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