Meezan Bank Offering Used Cars Alto, Cultus and Wagon-R
Leading Islamic bank Meezan Bank in Pakistan has increased its offerings by providing interest-free installments on pre-owned Suzuki vehicles, including well-known makes like the Alto, Cultus, and Wagon-R.
This project, which complements the bank’s dedication to provide cutting-edge and Shariah-compliant financing solutions, aims to give consumers an inexpensive and practical way to buy dependable automobiles.
The addition of a thorough warranty on the used cars is one of this program’s standout features. Suzuki, a reputable name in the automotive sector, and Meezan Bank have worked together to make sure that each certified used car has passed extensive examinations and adheres to strict quality standards. Customers can feel secure knowing they are protected by this warranty from unforeseen repair costs.
Customers who choose this offer will also receive discounted monthly rentals, which will lower the cost of the installment payments even further. Meezan Bank has also negotiated reduced takaful (insurance) rates, lowering the total cost of ownership.
Meezan Bank is offering financing alternatives for Suzuki vehicles up to eight years old to accommodate a wide range of tastes. Customers can chose from a wide range of automobiles to fit their demands and budget thanks to this flexibility.
Meezan Bank is providing a 100% waiver on the processing cost in order to make the procedure simple and available, relieving consumers of a further financial load. Additionally, customers are eligible for a 100% early termination profit waiver after completing 12 months of on-time payments, giving them more freedom.
In addition to leasing new cars, Meezan Bank has extended its services to include second-hand vehicles, both locally assembled and imported. This unique feature offers customers a highly economical option for acquiring a vehicle.
A minimum security deposit, which can be as little as 30% of the car’s worth, is needed at the Used Car Ijarah facility. A 15% security deposit is required for locally produced or assembled automobiles with engine sizes up to 1000 CC.
The effort by Meezan Bank to offer interest-free installments on used Suzuki cars demonstrates its dedication to client happiness and financial inclusion. The bank is enabling people and families to achieve their goals and enhance their quality of life by increasing reliable transportation availability and affordability.
Interested customers can visit any Meezan Bank branch to explore the available options and take advantage of this limited-time offer. For the latest information and specific requirements, individuals are advised to contact Meezan Bank directly.