Faysal Bank, in partnership with Jubilee General Takaful, has launched an affordable auto insurance plan titled Jubilee Takaful Secure Drive, targeting Noor Credit Card holders with a reduced contribution rate of 1.5% under the Silver Plan. The offer is valid until October 31, 2025.
The Takaful Secure Drive provides comprehensive motor insurance designed specifically for Noor Islamic banking customers. The plan is Shariah-compliant and offers protection against accidental loss or damage, third-party liability, theft, fire, natural disasters, and civil unrest.
As mentioned before, eligibility is limited to Noor Credit Card holders, and the vehicle must be registered in the cardholder’s or a close family member’s name.
The offer allows customers to pay their contribution in six equal monthly installments. Both Silver and Gold plans are available, with the Silver Plan offering a base contribution of 1.5% of the insured value.
Terms and conditions apply, and approval is subject to underwriting guidelines from Jubilee General.
Key highlights of the Secure Drive plan include:
Interested customers can apply through Faysal Bank’s website or contact the customer service center at (021) 111 06 06 06.