KARACHI: In line with its mission to introduce innovative financial products for its consumers, Faysal Bank Limited (FBL), one of the leading banks in Pakistan recently announced the launch of the Faysal AutoCash at a prominent hotel in Karachi.
Faysal AutoCash is launched as a convenient personal instalment loan. Through this product, eligible customers will be able to fulfil their financial needs with a loan issued against their cars. The product will be offered at an attractive and affordable loan pricing schedule with flexible tenures ranging from 12 to 60 months.
Commenting on the occasion,Tahir Yaqoob Bhatti, Head of Retail Banking stated, “Faysal AutoCash is another feather in our cap and I can proudly vouch that our customers will benefit from this offering in a way that has never been as conveniently introduced in the industry before”.
Syed Iftikhar Ul Haq, Head of Consumer Finance added, “This product will be offered to all segments and will cater to consumers who have entered the earning and spending age, ideally 30 years and above”.
Fahad Ullah Khan, Head of Unsecured Business in his statement stated that, “We are constantly looking to enhance our product suite and through the Faysal AutoCash launch, I am confident we will continue to strengthen the value proposition for our customers”.