In a strategic move to revive the sluggish auto industry in Pakistan, Pakistan Suzuki Motor Company (PSMC) has unveiled a groundbreaking ‘Islamic Finance Offer’ in collaboration with Meezan Bank. This initiative aims to make car ownership more accessible and affordable, providing a glimmer of hope for the beleaguered industry facing economic constraints, dwindling sales, and production cuts.

Partnership with Meezan Bank

PSMC’s collaboration with Meezan Bank, a leading Islamic bank in Pakistan, signifies a commitment to Shariah-compliant financing. The exclusive Islamic financing offer caters to customers seeking financial solutions that align with Islamic principles, presenting a viable alternative in the challenging economic landscape.

Under this offer, customers stand to save up to Rs. 650,000, presenting an attractive proposition for those considering the purchase of Suzuki vehicles. The substantial savings aim to incentivize customers to explore Suzuki’s diverse range of models, injecting a much-needed boost into the dwindling auto market.

Complimentary 1-Year Maintenance Package

To sweeten the deal further, PSMC is including a complimentary 1-year maintenance package. This not only alleviates the initial cost of ownership but also enhances the overall value proposition for customers. The inclusion of such perks demonstrates PSMC’s commitment to providing a comprehensive and attractive package, making Suzuki vehicles a compelling choice for potential buyers.

Limited-Time Opportunity

It’s crucial to note that this Islamic finance offer is a limited-time opportunity. Customers are urged to seize this chance not only to enjoy substantial savings but also to make a statement on the road with a brand-new Suzuki vehicle. The limited-time nature of the offer adds a sense of urgency, encouraging potential buyers to take advantage of this unique financing option promptly.

Terms & Conditions

Outlined in the terms and conditions are key details that prospective buyers should consider:

The offer is available for a limited time.

Rentals are based on ex-factory prices, with a 30% security deposit.

The financing tenure is set at 5 years, except for the Swift model, which offers a 3-year tenure with a 40% security deposit.

Fixed monthly rentals provide clarity and stability for customers.

Savings amounts are estimated and subject to change based on the selected model or variable’s availability.

PSMC’s innovative Islamic Finance Offer, in collaboration with Meezan Bank, comes as a ray of hope for the struggling auto industry in Pakistan. By aligning with Islamic financing principles and offering substantial savings along with a complimentary maintenance package, PSMC is taking proactive steps to reinvigorate the market and provide customers with a compelling reason to choose Suzuki vehicles. As the industry navigates economic challenges, initiatives like these may serve as catalysts for a resurgence in auto sales and production in Pakistan.