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Master Changan Motors Limited and Meezan Bank Collaborate to Revolutionize Car Financing in Pakistan.

News Desk by News Desk
October 7, 2023
Master Changan Motors Limited and Meezan Bank Collaborate to Revolutionize Car Financing in Pakistan.
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KARACHI : Master Changan Motors Limited and Meezan Bank are thrilled to
announce a game-changing partnership aimed at enhancing the automotive landscape in
Pakistan. Through a recently inked Memorandum of Understanding (MoU), the two industry
leaders have joined forces to introduce an exclusive campaign for the Changan Alsvin, where
customers can save up to PKR 475,000/- on their purchase of brand new Changan Alsvin.
Recent banking data has highlighted a remarkable surge in used car financing cases across
Pakistan. This shift from new car financing to used car financing is predominantly driven by the
prevailing economic challenges, which have compelled consumers to compromise on original
equipment manufacturer (OEM) warranties.

Under this groundbreaking collaboration, consumers in search of a used car financing option
can now drive home a brand-new, latest-generation Changan Alsvin sedan. The vehicle comes
with an impressive 5-year or 150,000 km warranty and is supported by readily available spare
parts through our extensive network of 28 dealerships spanning 18 cities across the country.
The Changan and Meezan Bank partnership introduces the most attractive car financing
solution available in Pakistan today, featuring the following key highlights:

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  1. Free Registration: Meezan Bank customers will be delighted to know that they won’t
    have to bear the Alsvin registration fee.
  2. Free Takaful: Changan will absorb the first year Takaful premium for Meezan
    customers, offering them added financial security.
  3. No Withholding Tax: Bid farewell to worries about withholding tax, as Meezan Bank will
    absorb this amount on your behalf.
  4. Best Rentals in Pakistan: Through this program, Changan Alsvin customers can enjoy
    the lowest monthly rentals in Pakistan when compared to any other bank, be it
    conventional or Islamic.
  5. Residual Value Option: To further ease the financial burden, customers have the
    flexibility to defer up to 30% of the total value as a balloon payment payable at the end of
    the tenure.
  6. Total Customer Benefit: Over the course of 3 years, Changan Alsvin customers will
    have the opportunity to save as much as PKR 475,000!
    The Changan Alsvin stands out with its best-in-class fuel consumption, making it an economical
    choice for drivers. With its Euro 5 engine delivering 145Nm of torque and 105 horsepower while
    still maintaining fuel efficiency, the Alsvin offers both power and savings. Furthermore, the 5-
    year or 150,000 km warranty provides peace of mind, ensuring long-lasting reliability.
    In a time when fuel prices are soaring, and economic uncertainties prevail, the Changan Alsvin
    Lumiere emerges as a savior for Pakistani consumers. It offers unparalleled savings, modern
    features, and a dependable driving experience. With this campaign, customers can make the

intelligent choice of driving a brand-new Alsvin and avoid the pitfalls associated with buying
tarnished used cars or repaired imported vehicles.
For more information and to seize this remarkable opportunity, interested customers are
encouraged to visit any Meezan Bank branch, any Changan Auto dealership, or contact us at
021 111 116 265.
Join us in revolutionizing the way you own and enjoy your vehicle, with Changan Alsvin and
Meezan Bank leading the way.

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