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KARACHI: Faysal Bank has entered into an agreement to finance its customers in buying grocery in installment at zero mark-up. The bank has signed the agreement with retail chain Naheed Pakistan to offer grocery at installment with zero markup. The partnership aims to improve payment cycles for Faysal Bank’s merchant partners while making payments easier for Faysal Bank customers through Naheed Pakistan. Naheed benefits from a higher conversion rate, improved average order value, and an increase in sales by offering installments at checkout. This facility can be availed to all Faysal Islami Noor Card customers at a 0% profit rate. This collaboration marks the first time in Pakistan that customers can avail installment financing on grocery shopping in a shariah compliant way, providing greater convenience and ease in their lives. Customers can avail financing on a minimum spend of Rs. 25000/- with Naheed. READ MORE: Indus Motors increases car prices after imposition of 25% sales tax...

Atlas Honda has announced new price of Honda CB 125F motorcycle after imposition of 18 per cent sales tax. The revised price of Honda CB 125F have been effective from March 03, 2023. The uncertain economic situation and devaluation of local currency against dollar has compelled the company to increase the retail selling prices of the motorcycles. Following is the ex-factory price of Honda CB 125F: The price of  Honda CB 125F  has been increased by Rs20,000 to Rs350,900 as compared to previous price tag of Rs330,900. Moreover, Atlas Honda has also increased the prices of other motorcycles which are given below: The price of  Honda CD70  has been increased by Rs7,000 to Rs144,900 as compared to previous price tag of Rs137,900. The price of  Honda CD70 Dream  is increased by Rs8,000 to Rs155,500 as compared to previous price tag of Rs147,500. The price of  Honda Pridor  has been increased by Rs9,000 to Rs190,500 as compared previous price tag...