Indus Motor Company signs MoU with HBL for Exclusive Financing and Insurance of Toyota variants

Business News English

Karachi, September 15, 2021 (PPI-OT):Indus Motor Company (IMC) signed a Memorandum of Understanding (MoU) with HBL to make car affordability easier through exclusive financing and insurance of Toyota variants. The MoU was signed at a ceremony at Karachi, between Mr Abdul Rab, Senior General Manager-Marketing and Sales from IMC and Mr Muhammad Asad Khan, Head – Secured Asset Consumer Rural and SME Banking from HBL.

IMC will assist its clients by arranging special finance and insurance prices on all Toyota variants via HBL. Customers of IMC will benefit from a preferred fixed-markup rate and fast-tracked delivery lead time. The combined experience of IMC and HBL will help save time, minimize hassle, and create a seamless purchase and financing process whilst also ensuring a smooth buying and financing process. Additionally, 50 approved Toyota dealerships and 35 TSURE locations will provide leasing services.

Expressing his views, IMC Chief Executive, Mr Ali Asghar Jamali, said, “Providing mobility solutions with convenience, safety and affordability is what we strive for at Toyota and we are committed that vehicle ownership in Pakistan becomes a reality for our people.” He added, “The necessity of establishing a relationship, enables IMC and HBL to prioritise their consumers, to continue their customer-centric journey, and ultimately benefit the client.”

Present at the signing ceremony were Mr Muhammad Afaq Khan, Head Islamic Bank and Mr Aamir Kureshi, Head Consumer, Rural and SME Banking, both from HBL and Mr Alam Ayub, Deputy Manager Marketing Planning, IMC along with other representatives from both organizations.

For more information, contact:
Indus Motor Company Limited
Plot No. N.W.Z/P-1, Port Qasim Authority,
Karachi, Pakistan
Tel: +92-21-34721100
UAN: +92-21-111-86-96-82 (+92-111-TOYOTA)
Fax: +92-21-34720056