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Regal Automobiles and TPL Insurance Forge Strategic Partnership for Innovative Solutions in the Auto Sector

by Web Desk
May 2, 2024
in Business
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Regal Automobiles and TPL Insurance Forge Strategic Partnership for Innovative Solutions in the Auto Sector
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Lahore: Regal Automobiles Industries Ltd., a leading automobile manufacturing company in Pakistan. (RAIL) is proud to announce a strategic partnership with TPL Insurance, renowned for innovative insurance solutions.
The MoU signing ceremony strengthens the alliance between the two organizations and paves the way for important proposals in the automotive and insurance sectors. As part of this partnership, customers can enjoy the convenience of a buy now, pay later scheme for select models like Pangeran Maha Suci, Pangeran Mutiara, Pangeran K01 and Pangeran Humsafar. This deferred payment plan offers flexibility and financial flexibility, allowing individuals and companies to acquire the vehicle of their choice with 0% interest. In addition to deferred payment plans, the partnership offers innovative and flexible Motor Takaful products.
Mr. Adeel Usman, Managing Director, RAIL, who was present at the event, added: “The introduction of the deferred payment plan and the innovative Motor Takaful product shows our commitment to meet the various needs of our customers. We are excited about this opportunity. The partnership unites and looks forward to.”
Regal Automobiles Industries Ltd. Mr. Sohail Usman, Chairman, “At RAIL, we always strive to improve the customer experience. This partnership with TPL Insurance marks an important milestone in our journey so that our customers enjoy convenient payment options and strong insurance coverage.”
These offers are designed to provide comprehensive coverage and comfort to ensure vehicle owners are protected on the road. This partnership stands out in the industry for its unique proposition of offering flexible deferred payment plans and innovative Motor Takaful products. This combination of services addresses evolving customer needs by providing comprehensive solutions under one roof.
At the event, TPL Insurance CEO Mr Aminuddin expressed his enthusiasm for the partnership and said that Regal Automobiles Industries Ltd. Together with us, we can offer our customers unparalleled advantages in innovative and customer centric solutions. “
Today, Regal Automobiles Industries Limited (RAIL) offers a wide range of commercial, passenger and transport vehicles backed by after sales and technical support. As the first company to receive Green Field status under the Automobile Development Policy (ADP) 2016-2021, RAIL has invested heavily in this project, which is in line with the country’s vision for the automobile industry. These investments aim to create jobs, industrial development and contribute to Pakistan’s economic stability.

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