Yadea Pakistan, a renowned global leader in electric bikes, has joined forces with Bank Alfalah in a landmark partnership, formalized through the signing of a Memorandum of Understanding (MoU). This strategic collaboration aims to provide Yadea customers with enhanced accessibility to bike financing opportunities, marking a significant step towards promoting eco-friendly transportation solutions in Pakistan.
The MoU between Yadea Pakistan and Bank Alfalah signifies a commitment to facilitating customers with seamless access to Yadea electric bikes through tailored financing options. Present at the signing ceremony were Muhammad Salman, Managing Director of Yadea Pakistan, and Mr. Muhammad Asif, General Manager of Consumer Finance at Bank Alfalah, highlighting the importance of this partnership in driving sustainable mobility initiatives.
Under this partnership, Yadea Pakistan and Bank Alfalah will offer financing solutions for all Yadea bike models, allowing customers to spread their payments over a flexible repayment period of up to 36 months. Notably, customers will benefit from a 0% Markup offer for the first 6 months, easing the financial burden of owning a Yadea bike and making eco-friendly transportation more accessible to a broader audience.
Muhammad Salman, Managing Director of Yadea Pakistan, expressed enthusiasm about the collaboration, emphasizing its role in advancing sustainable transportation solutions. He stated, “Today marks a significant milestone in our journey towards making sustainable mobility accessible to all. Our collaboration with Bank Alfalah underscores our commitment to providing innovative solutions that not only revolutionize transportation but also empower individuals to embrace a greener, more efficient future.”
In addition to financing benefits, Bank Alfalah customers purchasing a Yadea bike will enjoy exclusive perks, including complimentary check-up services for a year, ensuring their bikes are well-maintained without incurring additional costs.
Both Yadea and Bank Alfalah are optimistic about the positive impact of this partnership on customers, aiming to make electric mobility more accessible and affordable across Pakistan. With Yadea’s global reputation as the leading electric bike manufacturer, coupled with Bank Alfalah’s extensive financial expertise, the partnership is poised to drive sustainable transportation initiatives forward.
Yadea electric bikes are currently available in all major cities across Pakistan, with plans for further expansion in the near future. As the partnership between Yadea Pakistan and Bank Alfalah flourishes, the adoption of eco-friendly transportation solutions is expected to accelerate, contributing to a greener and more sustainable future for Pakistan’s urban landscape.
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