BankIslami Pakistan and Indus Motors Sign MoU

BankIslami Pakistan and Indus Motors Sign MoU

BankIslami Pakistan Limited and Indus Motor Company Limited have recently signed a memorandum of understanding (MoU). Under the agreement, BankIslami will be offering customized financing packages to IMC customers of Toyota Fortuner, Revo, Camry, and Rush across the country.

The financing option will be provided by the bank through its flagship product ‘Islami Auto Finance’. Bilal Fiaz, Head of Consumer Banking, BankIslami and Syed Omar, General Manager Sales, IMC, signed the MoU at a meeting that was held in Karachi.

Read: BankIslami Restores E-banking Services

Bilal Fiaz speaking on the occasion said,

The collaboration is a milestone not only for both the organizations but also for the customers who will greatly benefit from our uniquely structured auto financing solutions. This relationship will certainly help BankIslami and IMC explore new avenues to benefit our customers.”

Syed Omar, speaking about the collaboration commented, “This initiative will create an ideal scenario for both the organizations and will enable us to offer best value proposition to the customers.”

BankIslami is one of the largest Islamic Banks of Pakistan and offers Shariah compliant products and services for all segments of the society. Indus Motor Company Limited(IMC) manufactures and markets Toyota branded vehicles in Pakistan.