KARACHI: Habib Bank Ltd (HBL) has introduced Pakistan’s lowest fixed markup rate on car financing at 9.99 per cent, in a bid to stimulate demand in the country’s slowing auto market.
The offer applies to all new and locally manufactured vehicles and will remain available until October 31, the bank said in a statement. Customers can apply through HBL’s mobile app or its nationwide branch network.To attract buyers, HBL is also offering priority vehicle delivery and a complimentary tracker as part of the package.