Meezan Bank, via a recent agreement with Honda Atlas Power Products (Pvt) Ltd, will be introducing generator financing for its consumer base. Generators for private use can be financed under the “Meezan Roshani” product. Financing tenure will range from 3 to 24 months and carries zero markup cost.
Meezan Bank, one of the leading Islamic banks in Pakistan, has always been aligned with consumer requirements. Its products, innovative in nature, have always catered to a regular consumer’s needs in Pakistan’s economy. The Islamic bank’s product “Meezan Laptop Ease” was successful in providing financing for new laptops to students and professionals in the early years of their career. “Meezan Roshani” will cater to the huge market of middle-income consumers, seeking relief from electricity breakdowns, yet unable to afford the initial investment required for generators.