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JS Bank Joint Venture with BMW X1

Andleeb Sidhu by Andleeb Sidhu
August 30, 2017
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JS Bank and Dewan Motors (BMW Pakistan) have signed a memo of consideration to offer on-request luxury auto financing in Pakistan. JS Bank offers a one-window solution to clients for buying the all-new BMW X1, at the lowest monthly payment of as low as Rs.54,594, exclusive of insurance, priority delivery, and a complimentary accessories & service package worth Rs. 60,000 that upgrades the driving experience.

  1. A signing ceremony was apprehended among JS Bank and Dewan Motors (BMW Pakistan).
  2. It was attended by Mr. Basir Shamsie (Group Head, JS Bank), Mr. Kamran Jafar (Group Head, JS Bank) and Captain Kashif Riaz (Director Operations, Dewan Motors), along with senior members of both organizations.

Exclusive JS Bank Offering for BMW X1:

JS Bank presents the car financing solution through its JS CarAamad Auto Financing. The subsequent choices and features are obtainable for  BMW X1 buyers:

  1. Lowest markup floating rate – 1-year KIBOR +4% per annum
  2. Lowest down payment (as low as 15%)
  3. Flexible Tenure between 1 to 7 years
  4. Exclusive comprehensive insurance rates at 2.5% offered by Adamjee Insurance and EFU General Insurance.
  5. Priority Delivery of the vehicle.
  6. Early settlement option (Charges apply)
  7. Complimentary Accessories and service package offered to all JS Bank Customers worth Rs. 60,000.

BMW X1 Salient Features:

 

BMW X1 is motorized by a 1.5 liter Twin Power 3-cylinder petrol engine with a turbo charger. With the skill to churn out 136Bhp of power and 220Nm of torque, the vehicle has the shown feature covered. The car manufacturer claims X1 offers a mileage of around 18km/l. Both, manual and 6 Speed Steptronic Transmission choices are obtainable with the vehicle. It has a luggage Compartment of  505-1,550 liters and tank Capacity of 51 liters.

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