ISLAMABAD (Kashmir English): Kia has announced an 18-month Shariah-compliant installment plan for electric SUVs for Kia EV5 and EV9 GT Line, which provides local buyers with easier access to comfort.
Customers can purchase the Kia EV5 with a 50 percent down payment starting from Rs. 9,250,000. The Kia EV9 GT Line requires a 50 percent upfront payment, which starts at Rs. 21,600,000.
Customers will pay off their remaining balance through 18 months of equal monthly payments, which will start from Rs. 513,889 for the EV5 and Rs. 1,200,000 for the EV9 GT Line, according to the applicable terms and conditions.
installment plan for Kia EV5, EV9 GT Line
| Model | 50% Down Payment (PKR) | Remaining 50% (PKR) | Monthly Installment (18 Months) |
|---|---|---|---|
| Kia EV5 | 9,250,000 | 9,250,000 | 513,889 |
| Kia EV9 GT Line | 21,600,000 | 21,600,000 | 1,200,000 |
Kia’s Push into Electric SUVs The EV9 GT Line stands as Kia’s flagship electric SUV, which combines high-end features together with cutting-edge technological capabilities.
The EV5 exists as a compact electric SUV that provides customers with an affordable entry point into Kia’s electric vehicle collection. Customers can book either vehicle through authorized Kia dealerships nationwide or via the company’s official website.
Experts in the industry believe that Shariah-compliant financing schemes will help increase electric vehicle adoption because automotive companies develop payment systems for Pakistan’s changing automotive market.
