Profit has been able to confirm this from Asghar Ali Jamali, Chief Executive Officer at IMC. âWe will give customers the option to avail a refund with the full interest. In case they choose not to opt for this (refund), they will have to wait at least 3 (more) months from the delivery month given on the Provisional Booking Order Form and (also) pay the price differential due to the exchange rate situationâ, Jamali said.
The decision is expected to be announced soon and according to IMC is centered on facilitating customers amidst the current supply chain situation. Profit had reported earlier on how the State Bank of Pakistanâs (SBP) extended mandate over letters of credit for ckd imports had created panic amidst the automobile market.