Hi there,
Has anyone got car on installments from Apex Allied Corporation.
Their terms are really interesting, 2 guarantors, 5 % fix annual profit, 20 percent downpayment.
Is it to good to be true?
Avoid this like the plague. Only deal with banks. Period
The official interest rate is above 20% and here you are being lured with a 5% rate and you've apparently taken the bait. Trust me, there are better ways to burn your money, time, health and peace of mind
i will agree with above two replies i heard DIB (dubai islamic bank) & Faysal Bank has better car giving procedures. Try them instead.Since the interest rate is now controlled by government/SBP so almost every other bank has more or less same policies.The companies like you mentioned and Harvest group, etc. always try to attract people to invest/give their money to them.
please check and do your home work, seek the profile of company with SBP license and SECP registration number verify for the activities allowed over the license.
without the permission from State Bank of Pakistan, licensing from SECP (Pakistan) and FBR active profile every financial & leasing activity is illegal. Stay away from such scammers.
@pwuser162360148780
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