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Home Sector Banking & Finance

JS Bank, Zameen.com to provide home, solar financing solutions

25 June 2021
in Banking & Finance
Reading Time: 3 mins read
JS Bank, Zameen.com to provide home, solar financing solutions

JS Bank and Zameen.com have partnered to deliver simple and convenient home and solar financing solutions with variable markup rates.

This relationship will serve as a touchstone, allowing existing Zameen.com customers to take use of JS Bank’s affordable and conventional solar financing options. Zulfiqar Ali Lehri, Head of Distribution, Consumer Lending at JS Bank, and Sheikh ShujaUllah Khan, Senior Director Sales at Zameen.com, inked the deal.

Zulfiqar Ali Lehri, speaking on the occasion, stated: “This partnership with Zameen.com is intended to serve as a one-stop shop for clients seeking both property and financing solutions, making it one of our most valued external partnerships.” Not only does it have the potential to bring about a much-needed vibrant change in how real estate firms facilitate their clients’ betterment, but it also has the potential to promote its own purpose of making this process hassle-free and easy. I’m looking forward to building a mutually beneficial partnership with you.”

While Fahad Siddiqui, JS Bank’s Head of Secured Lending, stated: “This renewed partnership between JS Bank and Zameen will enable both organisations to better serve their respective valued clients’ housing and financing needs.” JS Bank and Zameen’s aspirations and growth trajectory, particularly in the housing and construction sectors, are consistent with the Government of Pakistan’s and State Bank of Pakistan’s vision of promoting economic prosperity through facilitation and innovation in order to enable our citizens to become proud home owners.”

Ahmad Bhatti, Country Head, Zameen.com, shared his comments on the partnership, saying, “We are delighted to enter this agreement with JS Bank in the hope that it will significantly bridge home financing needs in the real estate sector.” Zameen’s purpose has always been to empower Pakistanis through property ownership, and JS Bank’s unique services, which include attractive home loans, rates, and faster approvals, assist them in accomplishing this goal. This relationship with JS Bank is also critical in terms of communicating our message to a critical international audience.”

Additionally, Adil Maqsood – Channel Head and Zahid Gilani – Optimization Manager from JS Bank were on hand, while Muhammad Hassan – Associate Director Sales and Umar Hussain – Corporate Manager represented Zameen.com.

JS Bank has taken this step to offer flexible loans to today’s home purchasers, allowing them to borrow up to 90% of the property’s worth and therefore bringing home ownership within the grasp of many who would not otherwise be able to afford it.

Source: Business Recorder

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