MCB Bank is Offering Electric Scooters on Interest-Free Installments

MCB Bank has introduced an installment-based scooter purchase plan for its Visa Credit Card customers, featuring 0% markup for up to two years. The offer is valid until June 30, 2025, and aims to provide a structured monthly payment option for those seeking affordable mobility.

The installment facility is available exclusively to MCB Visa Credit Cardholders. Customers can avail of the 0% markup plan for a maximum tenure of 24 months. Additionally, those who prefer longer payment periods can choose up to 36 months with a reduced markup rate.

The scooter installment plan does not include any interest charges during the 24 months. However, processing fees and Federal Excise Duty (FED) will be charged, as per the bank’s Schedule of Bank Charges (SOBC). All applicable deductions and charges will be communicated during booking.

Customers interested in availing this plan can call the MCB helpline at 042/021-111-000-622 to begin the application process. Further details are also available on MCB Live, where users can navigate to the “Deals & Discounts” section.

While the highlight of the plan is the 0% markup for 24 months, MCB also offers a discounted markup option for a 36-month tenure, giving flexibility to customers who prefer lower monthly payments spread over a longer duration.

The offer is expected to cover a range of electric and fuel-based scooty models. However, exact availability and prices may vary based on region and vendor stock. Customers are advised to confirm with MCB’s authorized partners or branches regarding supported models and delivery timelines.