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Private companies offering car financing are celebrating an unexpected uptick in their business after the State Bank of Pakistan or SBP put limits on banks in this regard. The number of customers heading to avail facilities offered by such entities is steadily increasing. Most of these customers want to buy larger and luxury car models. According to people connected with the automobile sector, the new directives of the SBP have significantly reduced bank financing and people are thronging at outlets offering cars on credit in Sohrab Goth, Old Sabzi Mandi, Patel Para, Quaidabad, Mauripur and elsewhere in the city. A number of individuals also offer the same facilities minus any di.
Private companies offering car financing are celebrating an unexpected uptick in their business after the State Bank of Pakistan or SBP put limits on banks in this regard. The number of customers heading to avail facilities offered by such entities is steadily increasing. Most of these customers want to buy larger and luxury car models. According to people connected with the automobile sector, the new directives of the SBP have significantly reduced bank financing and people are thronging at outlets offering cars on credit in Sohrab Goth, Old Sabzi Mandi, Patel Para, Quaidabad, Mauripur and elsewhere in the city. A number of individuals also offer the same facilities minus any di.