Allied Bank launches ‘Scooty Finance’ plan for women in Pakistan

Allied Scooty Finance plan intends to enable women to travel safely and independently, both in urban cities and rural settings
An undated image. — Freepik.
An undated image. — Freepik.

Allied Bank has launched a new women's vehicle financing scheme for women in Pakistan to facilitate their mobility and independence. 

Named as the Allied Scooty Finance plan, the scheme enables women to purchase scooters in easy monthly instalments. 

It is intended to enable women to travel safely and independently, both in urban cities and rural settings.

Allied Scooty Finance plan scheme

This new promotion coincides with a time when private transportation is becoming increasingly vital to women who work, study or go out to run errands. 

Having a scooter can speed up travel and make it safer and more cost-effective. 

Nevertheless, the prohibitive initial price of two-wheelers tends to make it difficult for most women to purchase one. That is where Allied Bank's scooter instalment plan comes in, reducing the financial hurdle and making it easier to own one.

As per Allied Bank, the Scooty Finance scheme is designed particularly for women customers. It provides a payback option that suits their pockets. 

Though the bank hasn't provided information such as brands of scooters, rates, the period of the scheme, and whether there would be interest charges, overall the aim is to enable financial inclusion and empower women.