MG HS Excite 2025 Ease Installment Plans in Pakistan with 0% Interest Rate
Want to buy the MG HS Excite in Pakistan? Here’s everything you need to know about its price, installment plans, banks, and how to apply.
Price
- Base Price: PKR 7,199,000
- Final Price: Around PKR 7,342,980 (includes 2% tax of PKR 143,980 for tax filers). Non-filers pay more. Plus, you’ll need to pay extra for freight, registration, and paperwork (depends on your city).
Installment Plans
MG Motors Pakistan has some cool deals for the MG HS Excite. These were announced for their 100-year celebration and are valid until December 2024. Check with dealers if they’re extended into 2025.
12-Month Plan
- Total Cost: PKR 7,199,000
- Down Payment: 50% (PKR 3,599,500)
- Monthly Payment: PKR 299,958
- Interest: 0% (at some dealers, like MG Rawalpindi)
18-Month Plan
- Total Cost: PKR 7,449,000
- Down Payment: 50% (PKR 3,724,500)
- Monthly Payment: PKR 206,917
- Interest: 0% (at some dealers)
Heads Up: You’ll also pay insurance and processing fees (PKR 15,000–80,000 per year). Plans depend on stock, and terms might differ by dealer.
Banks Offering Plans
You can get car loans from these banks for the MG HS Excite:
- Bank Alfalah: Loans for 3–5 years, 30–50% down payment. You can add a big final payment to lower monthly costs.
- UBL: Up to 5-year loans, 30–50% down payment, with a final payment option.
- Meezan Bank: Islamic Ijarah plans (like rent-to-own) for 3–5 years, 30% down payment. Monthly costs are similar to regular loans.
Note: Loan terms depend on your income and the bank. Call banks for 2025 interest rates, as they can change.
How to Apply
- Go to a Dealer: Visit an MG Motors showroom (Lahore, Karachi, Islamabad, etc.) or check mgmotors.com.pk for dealers.
- Pick a Plan: Choose the 12- or 18-month plan or a bank loan for longer terms.
- Give Documents: Show your CNIC, income proof (salary slips, bank statements, or business papers), and a utility bill.
- Pay Upfront: Pay the down payment (like PKR 3,599,500 for the 12-month plan).
- Wait for Approval: Dealer or bank checks your documents (takes 1–2 days).
- Sign Papers: Read and sign the loan or purchase agreement.
- Get Your Car: Pick up your MG HS Excite. If you pay full, you get it right away. Partial payment means a 1–2 month wait if stock is low.
Pro Tip: Book early because stock runs out fast. You can test drive at big dealers. Call MG Motors at 021-111-222-345 for help.
Extra Info
- Booking Fee: Around PKR 3,000,000 (check with the dealer).
- Rivals: Look at Hyundai Tucson, Kia Sportage, or Proton X70 for similar cars.
- Maintenance: Easy to maintain, but spare parts can take time to get.
- Fuel: Gives 10–12 km/L, not as good as some other SUVs.
For the latest info, visit mgmotors.com.pk or talk to banks like Bank Alfalah, UBL, or Meezan Bank. Always double-check with dealers or banks before signing anything.
