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Careem and JS Bank gave the Careem captains a big discount in difficult situations

Captains receiving lease vehicles from JS Bank will not receive Principal Amount for 12 months.

KARACHI -There has been good news from Karim and JS Bank, a provider of travel services to people in the Gulf countries, including Pakistan, whose captains have leased their vehicles through JS Bank. The principal amount will not be received in the monthly installments for the next twelve months. This major facility is given in the state following the directive issued by the State Bank of Pakistan in the wake of the economic crisis caused by the Corona virus, in which all banks have been asked to provide special credit to all the lenders. Give the discount.

The facility will provide a huge relief to Cream Captains who are paying a large portion of their income every month in the form of monthly vehicle lease installments.According to JS Bank, the cream captain who is paying his monthly installments regularly, if he does not want to pay the principal amount from his monthly installment due to timely trouble, then pay the principal amount at any branch of JS Bank. Deferment Reqeust can be submitted.Upon receipt of the application, the required processing will be initiated by JS Bank and the application will be approved within the next fifteen days. However, only the principal amount from the monthly installments will be stopped, Cream Markup will have to pay for the markup and vehicle insurance involved in the contingent installments.
Speaking on the occasion of the agreement between Karim and JS Bank, Karim Pakistan general manager Zeeshan Haseeb Beg said, “The captains of the cream are the same for the company which is the heart of a body.Our captains are also providing customers with services in the current crisis period, which we are fully aware of. A large number of captains associated with the Cream platform have leased vehicles from banks for employment. To prevent the government from spreading CoronaTransport and transport of people have been imposed, which has led to the worsening of the cream captain's economic situation in the next few days.During this difficult time, the huge discounts on payment of monthly installments of loans will give them huge financial relief.

Babar Wajid, Head of Business Banking and Head of Product Manager at Consumer Banking, ASB Bank, echoed his views, "We work closely with our long-time partner, Karim, to help cream captains in the current difficult situation." have been. In view of the situation caused by the Corona virus, we are committed to helping our valued customers in every possible way. We hope that our relief plan will reduce the economic burden on respected cream captains. We pray for the health and life of all captains. ”   Karim has recently taken various steps to assist the captains, including the Health Insurance Scheme for the captains. Apart from this, they are also being given ration packets and safety gear. Another humanitarian step is that a captain will be financed if he is diagnosed with a coronary virus or if he goes into quarantine because of a suspected patient.  JS Bank is the first bank in Pakistan to provide free transaction facility to its customers on internet, mobile and ATM banking. Due to the current financial crisis, the bank has also been given the facility of not paying the principal amount for all its home and auto loan customers for twelve months. During the month of April this year, the bank and its clients have also announced a relief fund of Rs 11 million 10 million for the poor and poor people affected by the Corona virus. The relief money will be spent on the purchase of protective equipment for physicians and medical staff operating on the medical front against the Coroners and providing relief to the families.Be aware that Careem is an internet platform providing travel services in many Asian countries other than the Middle East. In fact, Careem is the founder of the travel services business in the region. Cream's platform is offering its customers new features including travel convenience, delivery of various items and payment of money.The purpose of the Careem is to improve and facilitate people's lives and provide them with various services for a long time. The cream was launched in July 2012. It has since expanded to more than 100 cities in 13 different countries around the world. Thanks to which more than 1 million people are supporting their families because of their employment. Uber Technologies bought Cream in January 2020, after which Careem is serving as a subsidiary.More details about the cream can be found at the website www.careem.com. JS Bank is one of the fastest growing banks in Pakistan, with 360 branches in 180 countries across the country and an international branch as well. Which is also involved in the payment of insurance money. In recognition of JS Banking's outstanding performance, it has been honored by numerous national and international forums. JS Bank is owned by JS Group, a leading Pakistani business entity. For more information visit http: //www.jsbl.com