KarloCompare.com.pk adds BankIslami under it’s wing.

At times it becomes difficult to keep two entities together  and compare them to figure out which of the one is more promising. KarloCompare makes the job easy by giving a clear market comparison for products like credit cards, personal/auto loans and travel/auto insurance. KarloCompare.com.pk is the portal through which CompareOn Pakistan Private Limited works. CompareOn Pakistan Private Limited was founded in 2015 by two bankers; Sumair Farooqui and Ali Ladhubhai, who used to work at United Bank Limited (UBL) and HSBC respectively.

The website prime purpose is to provide detailed information about credit cards, auto loans, travel/auto insurance and broadband services so that the costumer can decide which product will work better for them in terms of finance. The information provided by the website is sufficient to let the viewer judge what he wants for himself. The procedure is simple and effective, where the customer only has to provide few short details and then select whichever company works best for him. All details regarding the companies are available on the webpage.  Services provided by the website are free of cost which makes it more efficient. Some of the notable partners of CompareOn Pakistan are Jubilee  General Insurance, Adamjee Insurance, EFU General, CSI, Habib Insurance, IGI insurance, Satcomm, Wi-tribe, Optix, and Standard Chartered.

On 7th February 2017 a new edition was made in the startup when a strategic alliance was signed with BankIslami. The agreement was signed by Mr. Sumair Farooqui, Founder & CEO- CompareOn Pakistan Private Limited and Mr. Yasser Abbas, Head- Islami Auto Finance. A number of senior BankIslami and CompareOn Pakistan officials were present on the occasion. BankIslami is pleased to be working with CompareOn as it is a fintech startup and they believe in the promotion and growth of the technology driven innovations in the Banking Industry of this country. This alliance will bring ease to their customers as they can operate their banking procedures from the comfort of their homes on KarloCompare.com.pk.

Mr. Sumair Farooqui, Founder and CEO of CompareOn Pakistan explained how this alliance would benefit all. He said on the occasion,

“We are delighted to join hands with one of the leading Islamic Banks of Pakistan. With this alliance, we intend to serve the growing customer base of Auto Financing Industry of Pakistan, contribute to enhancing awareness around BankIslami’s products and services and deliver convenience to our consumers.

Mr. Yasser Abbas, Head – Islami Auto Finance added,

 “Being innovative is need of the hour and BankIslami is proud to be a part of this Digital channel, Karlocompare.com.pk, which will serve our new and existing customer base in a more efficient manner.”

KarloCompare.com.pk has been recognized as an asset to many renowned companies providing ease to their customers. It is cost effective as well as saves money by providing financial services through internet. The new alliance with BankIslami will not only benefit CompareOn but will also prove to be an ease for the customers of BankIslami, making the banking experience easier and more reliable.

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