Regal Automobiles Industries Signs MoU with Askari Bank

M/s Regal Automobiles Industries limited, the company providing DFSK and Prince vehicles in Pakistan has signed a Memorandum of Understanding (MoU) with Askari bank in a bid to facilitate the buyers of these vehicles.

As part of this MoU customers will be able to purchase PRINCE-DFSK vehicles through Askari Bank on discounted mark-up rate, 50 percent waiver on processing fee, discounted insurance rate @ 2 percent per annum with free Tracker and Accidental Life Insurance up to Rs 1 million.

The MoU was signed by Syed Taha Afzal, Head of Consumer Banking, Askari Bank and Adeel Usman, Managing Director, Regal Automobiles Industries Limited. Rashid Nawaz Tipu, Group Head Branch Banking, Askari Bank. Senior officials of both the organizations were present at the occasion.

This MoU will go a long way in facilitating the customers of DFSK- Glory and Prince Pearl the two vehicles currently being marketed by the company.