October 10, 2023: Amid tough economic conditions, many citizens are facing a crunch in the payment of their utility bills. As a customer-centric organization committed to facilitating customers, KE has partnered with Bank Alfalah to offer a cashback facility on the payment of KE bills.
The offer is valid from October 1, 2023 to November 30, 2023 only for Bank Alfalah accounts, credit cards, wallet and orbits customers who make payments through Alfa QR services. Bank Alfalah customers can avail this facility by scanning a QR code posted on their bills and receive a cashback of PKR 500 per unique Alfa registered CNIC. The bill amount must exceed PKR 2,000 in order for the customers to be eligible. Complete terms and conditions and FAQs are also available on KE’s website.
Digital banking and online interactions have seen a significant rise in the last few years, as more customers seek convenience and savings. Recognizing this trend, KE has partnered with a number of financial institutions to assist customers with their bill payments. With a focus on digitalization, the company has over 1.3 million customers interacting virtually with the business through various channels. The partnership with Bank Alfalah is an extension of the same mission.
About K-Electric:
K-Electric (KE) is a public listed company incorporated in Pakistan in 1913 as KESC. Privatized in 2005 KE is the only vertically integrated utility in Pakistan supplying electricity within a 6500 square kilometers territory including Karachi and its adjoining areas. The majority shares (66.4%) of the company are listed in the PSX owned by KES Power, a consortium of investors including Aljomaih Power Limited of Saudi Arabia, National Industries Group (Holding), Kuwait, and the Infrastructure and Growth Capital Fund (IGCF). The Government of Pakistan is also a minority shareholder (24.36%) in the company.