ISLAMABAD: To make it easier for people to buy electric scooters, MCB Bank has introduced a new installment facility for Revoo electric scooters.
Under the bank policy, this offer is only for MCB Visa credit card holders, who can buy the scooters on up to 12-month installments at zero percent markup. In this connection, the bank said the offer would remain available until December 31, 2026.
Under the offer, customers can pay the full price of the electric scooter in monthly installments. However, a one-time processing fee and Federal Excise Duty (FED) will be charged according to the bank’s approved Schedule of Charges.
MCB is also offering installment plans of up to 36 months for customers who want more time to pay. These plans will carry a discounted markup to make monthly payments easier. The bank said the offer aims to make electric scooters more affordable, reduce dependence on petrol and promote the use of electric vehicles in Pakistan.
Customers can contact the MCB Bank helpline at 111-000-622 for more information about installment plans, bank charges and other terms and conditions. The bank advised customers to check all details before making a purchase, including the processing fee, FED, monthly installment amount and markup applicable to the 36-month installment plan.
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