Kia Sportage and Sorento at the lowest rental rate of 7.99% with Meezan Bank

 Suzuki Alto 2024 Offer


To get the Kia Sportage and Kia Sorento at the lowest rental rate of 7.99% with Meezan Bank, you will typically need to follow these steps:

Offer Valid Till 31-DEC 2024

1. Eligibility Check

  • Make sure you meet Meezan Bank's eligibility criteria for car financing. These may include factors such as:
    • Age (Usually 21-60 years old)
    • Income level (Proof of steady income is required)
    • Credit history (A good credit score will likely improve your chances)
    • Employment status (Salaried or self-employed individuals may qualify)

2. Visit Meezan Bank’s Auto Financing Section

  • Meezan Bank offers Islamic auto financing through their Meezan Car Ijarah scheme. The 7.99% rental rate you mentioned is likely part of a special offer or may be available based on your profile or the financing term.
  • Check with the bank's official website or visit a branch to see if the 7.99% rate applies to the specific models (Kia Sportage or Sorento) you're interested in.

3. Choose Your Car Models

  • Kia Sportage and Kia Sorento are available for financing under Meezan Bank’s scheme.
  • When applying for financing, you will typically need to provide information about the car, such as:
    • The model year
    • The car’s price (for valuation purposes)
    • Dealer details (if you are purchasing from a third-party dealer)

4. Documentation

  • The standard documents required will likely include:
    • Copy of CNIC
    • Income proof (Salary slips, bank statements, tax returns)
    • Employment verification (Job letter, business registration, etc.)
    • Proof of address (Utility bills, lease agreement, etc.)

5. Apply for the Financing

  • Fill out the application form and submit all required documents to Meezan Bank.
  • You can do this at any Meezan Bank branch or through their online platform, depending on their process.

6. Approval & Terms

  • Once your application is processed, the bank will inform you of the approval and the rental rate.
  • The rate of 7.99% might be available for certain terms, so verify the tenure (duration) for which this rate is applicable (e.g., 3 years).

7. Finalize the Deal

  • After approval, you will finalize the deal with the bank and the dealership.
  • Review the payment schedule, early settlement options, and insurance requirements as part of the financing contract.

8. Delivery of the Vehicle

  • Once everything is in place, you will receive your car, and the bank will retain ownership of the car until the loan is fully paid off. You will be making monthly rental payments during this period.

Notes:

  • Rental rate variations: The rate of 7.99% may be part of a promotional offer or could be subject to your creditworthiness, the loan amount, and the loan term.
  • Islamic Financing: Since Meezan Bank is an Islamic bank, the Ijarah financing structure means that you are leasing the car from the bank, and the car becomes yours after the final payment.

I recommend visiting Meezan Bank directly or whatsup [https://wa.me/923008399336] (either in person or through their website) for the most accurate, up-to-date information regarding their 7.99% rental rate for the Kia Sportage and Sorento models.

Contact: 03008399336

Email: fakhar468@gmail.com

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