Bank AL Habib Scooter & Motorcycle Finance
Bank AL Habib's Scooter Finance, including the dedicated Woman Scooter Finance scheme, is available on both conventional and Islamic terms, each with its own rates and fees.
Part of PakFinHub's Bank AL Habib coverage — see the full bank overview.
- Last Verified: Sep 2, 2026
- Official Data
- Recently Updated
Bank AL Habib finances brand-new, locally manufactured motorcycles and scooters under its "Scooter Finance" product — available conventionally and through Islamic Diminishing Musharakah, plus a dedicated women's scheme with a zero processing fee launched recently. Here's what each option actually costs and covers.
Bank AL Habib Scooter Finance — Standard Terms
The bank markets this product as "Scooter Finance" (covering motorcycles, scooties, and scooters), available in both conventional and Islamic (Diminishing Musharakah) modes — not under the generic "Motorcycle Finance Facility" label used internally in the fee schedule. Financing is limited to brand-new, locally manufactured two-wheelers only; imported or used bikes aren't eligible under this facility.
| Fee | Standard Rate |
|---|---|
| Processing Fee | Nil |
| Early Settlement Fee (full/partial) | Nil |
| Late Payment Charges | Rs 400 per late installment |
| Charges on Dishonored/Returned Cheques | Rs 1,000 per case |
| Repossession Charges (within & out of city) | At actual |
| Repossessed Vehicle Evaluation/Appraisal | At actual |
| Legal Documentation & Stamp Duty | At actual |
Fee figures from Bank AL Habib's official Schedule of Bank Charges, effective July 1 – December 31, 2026. Processing fee and early settlement are already free under the standard schedule — not a temporary promotion.
AL Habib Woman Scooter Finance — Special Scheme
Bank AL Habib launched a dedicated Islamic Scooter Financing scheme for women under the AL Habib Woman Islamic Account, structured under Diminishing Musharakah (Shirkat-ul-Milk). Key terms, per the bank's own announcement:
Zero processing fee
No processing fee charged, and no penalty for early or partial payments.
Tenure by brand origin
Chinese-brand scooters: financed over 1–3 years. Japanese-brand scooters: financed over 1–4 years.
Spouse co-applicant option
A husband can be added as co-applicant, making the facility more accessible for eligible women applicants.
| Brand Origin | Variable Rate | Fixed Rate |
|---|---|---|
| Chinese-brand scooters | 1-Year KIBOR + 2.5% | 1-Year KIBOR + 4.5% |
| Japanese-brand scooters | 1-Year KIBOR + 3.5% | 1-Year KIBOR + 5.5% |
Confirm the applicable 1-Year KIBOR value with the branch at the time of application, since it's reset periodically by the market rather than fixed by the bank. Availability remains limited to participating Islamic branches — not every branch.
Markup rates sourced from more recent Pakistani business-press coverage of the AL Habib Woman Scooter Finance scheme, which published these figures after the original November 2025 launch announcement — cross-check the current 1-Year KIBOR value and any rate changes with an Islamic Banking branch before applying.
Conventional vs. Islamic Scooter Finance
| Feature | Conventional | Islamic (Diminishing Musharakah) |
|---|---|---|
| Structure | Standard installment loan | Bank and customer jointly own the vehicle; customer buys out the bank's share over time |
| Available to | General applicants meeting standard eligibility | General applicants; dedicated women's scheme also available |
| Vehicle eligibility | Brand-new, locally manufactured only | Brand-new, locally manufactured only |
Sourced from Bank AL Habib's conventional and Islamic Scooter Finance pages (bankalhabib.com and islamic.bankalhabib.com).
Ready to explore Bank AL Habib Scooter & Motorcycle Finance Guide?
Verify current rates, terms, and eligibility directly with Bank AL Habib before applying — this page is independent, sourced, and kept current, but the bank's own site is the final word on live terms.
More on Bank AL Habib
Bank Overview
History, leadership, ownership, and key facts.
Rates & Accounts
Profit rates and every account type.
Financial Results
FY2025 audited results and ratio analysis.
Branch & ATM Locator
Network size and how to find a branch.
Digital Banking
AL Habib Mobile app and netbanking.
ApniCar Auto Finance
Conventional & Islamic car financing, plus Cash & Laptop financing.
Housing Finance
Buy, build, or transfer your home loan — plus solar and low-cost housing.
Business & SME Banking
Corporate, SME, Trade, Cash Management, Guarantees & more.
Helpline & Complaints
Contact numbers and escalation path.
Fraud & Security
Real scam patterns BAHL has warned about.
CSR
Corporate philanthropy and community programs.
Roshan Digital Account
For overseas Pakistanis — accounts, remittance, investment.
Careers & Jobs
Where to find real openings and what to expect.
IBAN Format & Generator Guide
How BAHL's IBAN works, and where to get your correct one.
Credit Cards
Fees, eligibility, APR, and how to apply.
Locker Facility
Key deposit and annual fee by locker size.
IBFT & Fund Transfer
Free allowance, charges, and daily limits.
Cheque Book & Stop Payment
Cheque book, stop payment, and pay order charges.
Personal & Cash Finance
Secured Cash Finance and Personal Finance Facility.
Scooter & Motorcycle Finance
Standard and Woman Scooter Finance schemes.
Dormant Account & Closure
12-month dormancy rule, reactivation, and closing an account.
Islamic Banking
Mudarabah, Diminishing Musharakah, and every Islamic product.
Scooter & Motorcycle Finance at Other Banks
UBL
Major full-service bank with a strong digital and overseas franchise.
MCB Bank
One of Pakistan's oldest and most profitable banks.
Mobilink Microfinance Bank
Branchless microfinance bank behind JazzCash.