MCB Bank has announced a new auto financing program for brand-new Suzuki vehicles, offering customers structured loan options through its Car4U and Fleet4U platforms. The move aims to support individuals and businesses looking to purchase Suzuki passenger and commercial vehicles amid rising demand for flexible car financing solutions in Pakistan.
Under the newly launched program, customers can access financing for a wide range of Suzuki models through clearly defined terms and conditions. MCB stated that the initiative is designed to make vehicle ownership more accessible while also supporting fleet buyers who require larger financing limits for commercial use.
According to the bank, the markup rate for the Suzuki auto financing plan has been set at one-year KIBOR plus 3 percent. This rate will apply across both Car4U and Fleet4U facilities, giving customers a transparent cost structure when planning their vehicle purchases. In addition, the insurance cost under the program has been fixed at 1.50 percent, which will be included as part of the overall financing package.
MCB Car4U financing offers flexible tenures of up to three years for eligible customers seeking personal vehicle financing. Under this facility, individuals can avail financing of up to PKR 3 million per vehicle, depending on eligibility and credit assessment. The bank noted that this option is particularly suitable for salaried and self-employed individuals looking for manageable installment plans.
For corporate clients and businesses, MCB Fleet4U financing has been introduced to support larger purchases. The Fleet4U program allows finance limits of up to PKR 30 million, making it suitable for companies planning to expand or upgrade their commercial vehicle fleets. This facility is expected to benefit logistics firms, ride-hailing operators, and other businesses relying on commercial transportation.
One of the key highlights of the new Suzuki financing program is the priority delivery feature. Customers availing financing through MCB will receive preferential delivery of their vehicles, a significant advantage at a time when delivery delays have been a common concern in the auto market. MCB Bank confirmed that the offer will remain valid until March 31, 2026, and will be subject to the bank’s standard terms and conditions.
Also read: Suzuki Launches Installment Plan for New Suzuki Alto
