Meezan Bank financing

OUR STAFF REPORTER LAHORE - Meezan Bank has launched a new consumer financing product that will allow customers to purchase laptops on easy installments. The new product called Laptop Ease is being offered for repayment periods ranging from 3 months to 24 months. The bank will not charge any profit or return for customers who opt for the 3 month or 6 month installment plan. The product has been launched in collaboration with New Horizon and is available for only Hewlett-Packard laptops. New Horizon will provide two years warranty with parts along with nationwide after sales services at the customers doorsteps. Mr. Mohammad Raza, Head of Consumer Banking of Meezan Bank and Mr. Rahim Eqbal, Chief Opperating Officer of New Horizon signed the MoU at Meezan Banks Head Office. Meezan Laptop Ease through which customers can purchase Hewlett-Packard (HP) laptops, equipped with the latest features under a Halal financing scheme, is another step towards achieving Meezan Banks Vision of making Islamic banking the banking of first choice. Through this Riba-free facility, customers will be able to acquire laptops at easy installments for periods ranging from 3 to 24 months.

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