MG-HS can now be purchased through Meezan Bank Car Ijarah in convenient installments without paying interest. Their Car Ijarah is a Shariah-compliant auto financing program that gradually improves the convenience of car purchases for customers.
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In Meezan’s Car Ijarah rental agreement, the bank purchases a vehicle on behalf of the client and leases it to them for a period of one to five years. The car is either given to the customer as a gift or sold out at a token price at the end of the predetermined period.
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MG-HS Installment Plan Benefits
There are many advantages to purchasing MG with Meezan Bank in manageable installments, including:
- Discounted monthly rentals.
- fueled up the first tank.
- Processing fees are reduced by 50%.
- For the duration of one year, MG HS will provide free routine maintenance.
- Discount granted on early termination period.
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Following some procedures and document submission at the bank, the process is simple and quick. For more information, interested parties can call or visit the branch that is closest to them. For more information on Car Ijarah, click the link.
