Faysal Bank Limited (FBL) announced launch of Faysal AutoCash, a convenient personal instalment loan to eligible customers. 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.
Tahir Yaqoob Bhatti, Head of Retail Banking said, “Our customers will benefit from this offering in a way that has never been as conveniently introduced in industry before.
Syed Iftikhar Ul Haq, Head of Consumer Finance said that product would be offered to all segments and would cater to consumers who have entered earning and spending age, ideally 30 years and above.
Fahad Ullah Khan, Head of Unsecured Business stated that we were constantly looking to enhance our product suite and through AutoCash launch, Bank was confident to strengthen value proposition for its customers.
Published in Daily Times, October 11th 2018.
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