Karachi: Bank AL Habib, in partnership with MG JW Automobile Pakistan Private Limited, has launched an exclusive financing campaign, offering significant discounts and benefits for potential car buyers aiming to purchase MG vehicles.

According to Bank Al Habib Limited, this new initiative provides a discounted markup rate of 1 Year KIBOR + 2.50% for up to three years on car loans. The deal includes free car registration capped at Rs. 175,000, the first year’s insurance or takaful premium covered by MG Automobile Pakistan, and priority delivery of the vehicles. Additional benefits include a discount on insurance or takaful from Century Insurance/Takaful at a rate of 1.50% and for certain models, free fuel up to 100 liters.

The offer targets several MG models, including the MG HS Essence, which comes with free registration and priority delivery, and the MG HS Excite, which additionally offers free 100 liters of fuel. The promotion is valid until September 30, 2024, and includes both conventional and Islamic financing variants. Customers are encouraged to visit their nearest Bank AL Habib branch or MG JW Automobile dealership to take advantage of this limited-time offer.