Indus Motors And BankIslami Sign MoU To Streamline Car Financing

BankIslami Pakistan Limited has signed a memorandum of understanding (MoU) with Indus Motor Company Limited (IMC) to offer customized financing packages to customers of Toyota Fortuner, Revo, Camry, and Rush across the country

KARACHI, (UrduPoint / Pakistan Point News - 5th Dec, 2018 ) :BankIslami Pakistan Limited has signed a memorandum of understanding (MoU) with Indus Motor Company Limited (IMC) to offer customized financing packages to customers of Toyota Fortuner, Revo, Camry, and Rush across the country.

Under the signed arrangement the bank will offer financing options through "Islami Auto Finance," said an announcement here on Wednesday.

The MoU was inked by Bilal Fiaz, head of consumer banking, BankIslami, and Syed Omar, general manager sales, IMC.

Bilal Fiaz said the collaboration will greatly benefit the customers too as Islamic Auto Finance is a uniquely structured auto financing solutions.

Syed Omar said the relationship will help BankIslami and IMC to explore new avenues aimed at facilitating people.

It will enable IMC to offer best value proposition to the customers, he said.