2nd March, 2018: JS Bank, one of Pakistan’s fastest growing financial institutions has joined hands with CarFirst – the nation’s leading used-car trading platform to facilitate customers.
Under the terms of this partnership, a unique JS-CarFirst vehicle trade-in program will be offered to site patrons, allowing them to either upgrade, replace, or sell their used vehicles. Offering a streamlined and first-of-its-kind market offering, the program is set to launch in the near future, and will also offer customers the opportunity to avail or upgrade their financing terms at CarFirst purchase centers nationwide. Bank auto-loan customers will additionally be able to sell off their leased vehicles in the most secure and convenient manner.
Speaking at the occasion, Mr. Babbar Wajid, Head of Product Development & Business Management at JS Bank, stated: “JS Bank and CarFirst share a passion for providing customers with seamless solutions to their transport needs. Our partnership will help revolutionize car financing and enable customers to access simple and rapid trade-in financing through the CarFirst network of purchase centers rather than branch visits.”
Raja Murad Khan, CEO CarFirst, commented, “CarFirst is excited to partner with JS Bank. This agreement will combine the strength of both organizations in the auto sector and offer the most convenient and hassle-free way to our customers to buy and sell their cars. Together, CarFirst and JS Bank are striving to give their consumers an amazing trade-in experience.
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About JS Bank:
JS Bank is one of the fastest growing banks in Pakistan, with 323 branches in 161 cities. The Bank also has an international presence and is a leading player in the digital banking space. JS Bank has received the prestigious award for Best Environmental and Social Governance Bank at the Pakistan Banking Awards 2017. The Bank is part of JS Group, one of the Pakistan’s most diversified and progressive financial services group. For more information, please visit http://www.jsbl.com.
About CarFirst:
CarFirst is a first of its kind used-car online auction and trading platform, with a network of over 15 purchase centers in Lahore, Karachi, and Islamabad. Car owners can now sell their cars in the most secure, convenient, and quick manner. CarFirst also provides its strategic partners easy access to nationwide inventory through their online auction platform. Briefly after its inception, CarFirst successfully secured one Pakistan’s biggest early stage equity from some of the world’s most prestigious venture capitalist funds.