{"id":6149,"date":"2025-11-05T10:24:22","date_gmt":"2025-11-05T05:24:22","guid":{"rendered":"https:\/\/pkfin.kotenterprises.dev\/?p=6149"},"modified":"2025-11-05T10:24:22","modified_gmt":"2025-11-05T05:24:22","slug":"mcb-bank-and-nexgen-auto-launch-exclusive-auto-financing-partnership-to-accelerate-access-to-premium-ev-and-hybrid-vehicles","status":"publish","type":"post","link":"https:\/\/pkfin.kotenterprises.dev\/?p=6149","title":{"rendered":"MCB Bank and NexGen Auto Launch Exclusive Auto Financing Partnership to Accelerate Access to Premium EV and Hybrid Vehicles"},"content":{"rendered":"<p>[Lahore: 1st November 2025] <a href=\"https:\/\/www.mcb.com.pk\/\" rel=\"nofollow noopener\" target=\"_blank\">MCB Bank Limited<\/a> (MCB), one of Pakistan\u2019s leading Banks, and NexGen Auto, the exclusive distributor of OMODA and JAECOO vehicles in Pakistan, have announced a strategic partnership to offer highly competitive and discounted auto financing solutions for customers purchasing the all-new JAECOO J7 SHS PHEV and other select OMODA and JAECOO models.<\/p>\n<p>Through MCB\u2019s dedicated auto financing platforms, Fleet4U for commercial and fleet buyers and Car4U for individual consumers, customers can now access attractive financing terms designed to make premium, eco-conscious mobility more affordable and accessible. Under the partnership, MCB is offering a mark-up rate of just 1-Year KIBOR + 2%, along with an insurance rate of 1% (without tracker, through Adamjee Insurance). NexGen Auto will provide priority delivery, a significant advantage in today\u2019s high-demand automotive market.<\/p>\n<p>Mr. Adnan Aurangzeb Khan, Head of Consumer Banking at MCB Bank, emphasized the bank\u2019s commitment to supporting sustainable and innovative mobility while speaking at the MoU signing ceremony: \u201cThis collaboration with NexGen Auto reflects MCB Bank\u2019s vision to empower customers with smarter, greener and more accessible transportation choices.<\/p>\n<p>By offering some of the most competitive auto financing rates in the market, especially for cuttingedge vehicles like the JAECOO J7 PHEV, we\u2019re not just financing cars; we\u2019re accelerating Pakistan\u2019s transition towards sustainable mobility.\u201d Mr. Muhammad Aqib Zulfiqar, Director at NexGen Auto also added &#8220;We\u2019re proud to partner with MCB Bank, a trusted name in Pakistan\u2019s financial sector, to remove barriers to ownership for our premium, technology-forward vehicles. With priority delivery and tailored financing, we\u2019re ensuring that customers experience seamless, end-to-end convenience, from selection<br \/>\nto the driver\u2019s seat.&#8221;<\/p>\n<p>The partnership underscores a shared commitment to innovation, customer-centricity and environmental responsibility, as both companies aim to drive adoption of hybrid and electric vehicles in Pakistan\u2019s evolving automotive landscape.<\/p>\n<h2>About MCB Bank:<\/h2>\n<p>MCB Bank, is one of the Largest &amp; Most Innovative banks in Pakistan. The Bank operates a strong and vast network of Over 1,400 branches and over 1400 ATMs in Pakistan and 11 overseas branches. With a customer base of over 8 million, MCB leads the banking &amp; financial services sector in Pakistan and customers across the globe have 24\/7 access to MCB Bank via our innovative and accessible Digital Banking Services.<\/p>\n<p><strong>Media Contacts:<\/strong><\/p>\n<p>Humaid Merchant<br \/>\nDepartment Head Integrated Marketing<br \/>\nMCB Bank Ltd.<br \/>\nPhone # +92 42 36041610<br \/>\nCell # 321 7777166<br \/>\nhumaid.merchant@mcb.com.pk<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[Lahore: 1st November 2025] MCB Bank Limited (MCB), one of Pakistan&rsquo;s leading Banks, and NexGen Auto, the exclusive distributor of OMODA and JAECOO vehicles in Pakistan, have announced a strategic partnership to offer highly competitive and discounted auto financing solutions for customers purchasing the all-new JAECOO J7 SHS PHEV and other select OMODA and JAECOO 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