Bank Alfalah is a leading financial bank in Pakistan that provides the best financial services to clients in Pakistan. Amidst inflation, Bank Alfalah is helping buyers get auto loan finance with easy monthly instalments. It helps in upgrading the purchasing power of the buyers in Pakistan. Suzuki Alto VXR is a highly demanded car in Pakistan so get to know details about Suzuki Alto VXR instalment plan 2023 in Pakistan with Bank Alfalah.
Overview of Suzuki Alto
Suzuki Alto VXR is a 660cc engine displacement car that comes with automatic transmission. It is an affordable hatchback which produces 29 Horsepower and 56 Nm of Torque. Suzuki Alto is an economical city car with a fuel tank capacity of 27 litres. It can drive from 17 km/l to 19 km/l, depending on driving speed and terrain. There are other features like ABS, Child Lock, Immobilizer, Seatbelts, Airbags, Air Conditioner, Keyless Entry, and more.
Suzuki Alto VXR Instalment Plan 2023
Bank Alfalah offers a feasible and convenient Suzuki Alto VXR instalment plan for a tenure of 2 to 5 years. Moreover, there are different equity levels starting from 30% to 75% for the convenience of the buyers. The clients can choose the instalment plan according to their own preferences and with ease. For more details, you can visit Bank ALfalah’s nearest branch.
Take a look at Bank Alfalah Suzuki Alto VXR Instalment Plan 2023 for 5 years tenure.
EQUITY | CAR PRICE | DOWN PAYMENT/MARGIN | ALFALAH BANK PARTICIPATION | MONTHLY INSTALMENT |
30% | PKR 2,120,000 | PKR 636,000 | PKR 1,484,000 | PKR 40,868 |
35% | PKR 2,120,000 | PKR 742,000 | PKR 1,378,000 | PKR 37,949 |
40% | PKR 2,120,000 | PKR 848,000 | PKR 1,272,000 | PKR 35,030 |
45% | PKR 2,120,000 | PKR 954,000 | PKR 1,166,000 | PKR 32,111 |
50% | PKR 2,120,000 | PKR 1,060,000 | PKR 1,060,000 | PKR 29,192 |
55% | PKR 2,120,000 | PKR 1,166,000 | PKR 954,000 | PKR 26,273 |
60% | PKR 2,120,000 | PKR 1,272,000 | PKR 848,000 | PKR 23,353 |
65% | PKR 2,120,000 | PKR 1,378,000 | PKR 742,000 | PKR 20,434 |
70% | PKR 2,120,000 | PKR 1,484,000 | PKR 636,000 | PKR 17,515 |
75% | PKR 2,120,000 | PKR 1,590,000 | PKR 530,000 | PKR 14,596 |
Terms and Conditions
To obtain the instalment plan for Suzuki Alto 2023, here are some of the terms and conditions that applicants have to abide by:
- Â This instalment plan does not include insurance charges. They have to be paid separately.
- The monthly instalment is tentative and subject to change.
- The plan available on online Bank Alfalah Auto Loan Finance may be unreliable because the prices of vehicles continuously change which affects the online results.
- Applications will be accepted from the clients who pass the Debt burden Ratio (DBR).
Minimum Income Requirements
- The minimum income requirement for salaried individuals is PKR 30,000.
- For Business Individuals, the monthly income requirement is PKR 100,000.
- For self-employed professionals, the monthly income requirement is PKR 50,000.