Pak Suzuki unveils Islamic financing with up to Rs650,000 in savings

November 30, 2023 (MLN): Pak Suzuki Motor Company Limited (PSX: PSMC)in collaboration with Meezan Bank Limited (PSX: MEBL) is introducing a limited-time Islamic financing offer without Riba that allows customers to save up to Rs650,000, as disclosed by the company in its latest post on X (formerly known as Twitter).

This financing scheme will offer benefits like free 1-year maintenance, priority delivery, a special discounted takaful rate, etc.

Total savings through free maintenance and savings on rentals with respect to different models are:

The rentals will be purely based on ex-factory prices with the savings amount based on the availability of the selected model.

Moreover, a30% security deposit is required with a tenure span of five years, with the exception of Swift, which entails a 40% security deposit and a three-year tenure.

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