Asaan Ghar Finance Ltd. Partners to Launch Shariah-Compliant EV Bike Financing Product

Karachi, 4 December 2024 – In collaboration with EV Technologies, a subsidiary of Wavetec, Asaan Ghar Finance Ltd. has announced the launch of its new Shariah-compliant EV Bike Financing product, offering flexible and interest-free financing for electric bikes. This initiative aims to make eco-friendly transportation accessible to Pakistan’s middle class, promoting sustainability and affordability.

With the rising demand for electric vehicles, Asaan Ghar Finance is committed to helping customers make the shift to environmentally friendly transportation without financial burden. The EV Bike Financing product offers up to 80% of the bike’s on-road price, with a financing tenure of 6 to 36 months, ensuring that the process is both easy and affordable for customers.

Key features of Asaan Ghar’s EV Bike Financing include:

• Up to 80% Financing: Cover up to 80% of the vehicle’s total cost, minimizing upfront payments for customers.
• Quick Approvals: Receive credit decisions within 72 hours and get your bike in as little as 12 days.
• Shariah-Compliant Financing: Experience interest-free, Shariah-compliant financing that aligns with Islamic values.
• Extended Takaful Coverage: Benefit from free Takaful protection for up to three years, ensuring complete peace of mind.

By partnering with EV Technologies, Asaan Ghar Finance is leveraging its partner’s expertise in the electric vehicle sector to ensure customers have access to the best electric bike options in the market. This partnership is aimed at fostering Pakistan’s transition to sustainable energy and making electric vehicles more accessible to all.

Faiq Sattar, CEO of Asaan Ghar Finance, said, “We are excited to partner with EV Technologies to launch this game-changing financing product. Our goal is to make electric bikes affordable for middle-class families, and by working together, we are ensuring that our customers receive the best possible financing terms while making a positive environmental impact.”

A Sustainable Future with Asaan Ghar

As global efforts to reduce carbon emissions intensify, Asaan Ghar Finance is committed to supporting Pakistan’s transition to sustainable transportation solutions. The new EV Bike Financing product, developed in collaboration with EV Technologies, is just one of the many ways the company is helping customers make greener choices, while remaining true to Shariah principles.

Customers interested in learning more about Asaan Ghar’s EV Bike Financing product can visit the company’s website at www.asaanghar.com or contact their customer service team for more details on how to apply.

About Asaan Ghar Finance Ltd.

Asaan Ghar Finance Ltd. is a leading provider of Shariah-compliant home and vehicle financing solutions in Pakistan, offering ethical, interest-free products designed to empower middle-class families. With a focus on transparency, affordability, and sustainability, Asaan Ghar enables individuals to achieve their dreams of homeownership and eco-friendly transportation without the burden of conventional loans.