Lahore, MCB Bank Limited (MCB), one of Pakistan’s leading Banks, and NexGen Auto, the exclusive distributor of OMODA and JAECOO vehicles in Pakistan, have announced a strategic partnership to offer highly competitive and discounted auto financing solutions for customers purchasing the all-new JAECOO J7 SHS PHEV and other select OMODA and JAECOO models.
Through MCB’s dedicated auto financing platforms, Fleet4U for commercial and fleet buyers
and Car4U for individual consumers, customers can now access attractive financing terms
designed to make premium, eco-conscious mobility more affordable and accessible. Under
the partnership, MCB is offering a mark-up rate of just 1-Year KIBOR + 2%, along with an
insurance rate of 1% (without tracker, through Adamjee Insurance). NexGen Auto will provide
priority delivery, a significant advantage in today’s high-demand automotive market.
Mr. Adnan Aurangzeb Khan, Head of Consumer Banking at MCB Bank, emphasized the
bank’s commitment to supporting sustainable and innovative mobility while speaking at the
MoU signing ceremony: “This collaboration with NexGen Auto reflects MCB Bank’s vision to
empower customers with smarter, greener and more accessible transportation choices. By
offering some of the most competitive auto financing rates in the market, especially for cutting-
edge vehicles like the JAECOO J7 PHEV, we’re not just financing cars; we’re accelerating
Pakistan’s transition towards sustainable mobility.”
Mr. Muhammad Aqib Zulfiqar, Director at NexGen Auto also added “We’re proud to partner
with MCB Bank, a trusted name in Pakistan’s financial sector, to remove barriers to ownership
for our premium, technology-forward vehicles. With priority delivery and tailored financing,
we’re ensuring that customers experience seamless, end-to-end convenience, from selection
to the driver’s seat.”
The partnership underscores a shared commitment to innovation, customer-centricity and
environmental responsibility, as both companies aim to drive adoption of hybrid and electric
vehicles in Pakistan’s evolving automotive landscape.
