Faysal Bank has unveiled a new initiative aimed at making auto insurance more accessible and affordable for its Islamic banking clientele. In collaboration with Jubilee General Takaful, the bank has launched the Jubilee Takaful Secure Drive, a Shariah-compliant car insurance plan exclusively designed for Noor Credit Card holders. This limited-time offer features a significantly reduced contribution rate of just 1.5% under the Silver Plan, available until October 31, 2025.
The Jubilee Takaful Secure Drive plan has been carefully tailored to align with the principles of Islamic finance, ensuring that Noor Credit Card customers can secure their vehicles with complete peace of mind. This comprehensive motor insurance covers accidental damage or loss, third-party liability, theft, fire incidents, natural calamities, and civil disturbances, making it a well-rounded protection package for personal vehicles.
Eligibility for this plan is specifically restricted to Noor Credit Card holders, reinforcing Faysal Bank’s focus on delivering added value to its dedicated Islamic banking customers. Additionally, to qualify for coverage, the insured vehicle must be registered either in the name of the cardholder or in the name of a close family member. This approach not only ensures compliance with underwriting norms but also keeps the process streamlined for customers.
One of the standout aspects of this offer is its flexible payment structure. Customers opting for the Secure Drive plan can conveniently pay their contribution in six equal monthly installments, easing the financial burden while still enjoying comprehensive coverage. The Silver Plan under this promotion comes with the attractive contribution rate of 1.5% of the insured vehicle’s value, while a Gold Plan option is also available for those seeking enhanced benefits.
The promotion itself is time-bound, with Faysal Bank and Jubilee General Takaful extending this reduced rate until the end of October 2025. As with most insurance products, the plan is subject to underwriting guidelines, and customers will need to meet specific terms and conditions as determined by Jubilee General.
Among the notable features of the Secure Drive plan are full comprehensive protection for private vehicles, expedited processing with minimal paperwork, and seamless distribution managed by Faysal Bank on behalf of Jubilee General. This makes the entire process—from application to issuance—more convenient for customers who value both speed and compliance with Islamic banking standards.
Interested Noor Credit Card holders can easily apply for the Jubilee Takaful Secure Drive plan through Faysal Bank’s official website or by reaching out to the bank’s customer service center at (021) 111 06 06 06. The bank encourages customers to take advantage of this special offer to ensure that their vehicles are protected against a range of risks, all while adhering to their Shariah-compliant financial principles.
With initiatives like this, Faysal Bank continues to demonstrate its commitment to providing innovative, customer-centric solutions tailored to the unique needs of Pakistan’s Islamic banking segment. By partnering with Jubilee General Takaful, the bank is setting a strong example of how modern financial products can align seamlessly with religious values, offering both protection and peace of mind to customers.
