Suzuki Alto is among the cheapest cars available to the customers of Pakistan in the category of new cars. It comes with decent features of a city car for middle-class households or low-income earners. It is easily affordable for everyday use due to its convenient fuel average. However, Pakistani economic conditions have created a problem for buyers to arrange the whole amount of cars at once. Therefore, Bank Alfalah becomes a life-saver by providing an easy Suzuki Alto VXL Instalment Plan 2023 according to the price of July 2023.
Suzuki VXL AGS is the top variant in the lineup of Suzuki Alto. The reasons to buy Suzuki Alto VXL AGS are the enhanced safety features, air-conditioner, infotainment options, and Auto Gear SHift option. Therefore, the customers prefer to go for the top variant. Suzuki Alto VXL Price in Pakistan in July 2023 is PKR 293,500.
Suzuki Alto VXL Instalment plan with Bank Alfalah
The buyers can get a Suzuki Alto VXL instalment plan from Bank Alfalah at a wide range of options. The tenure lasts from 2 years to 5 years with easy monthly instalments. Customers also get the feasibility to choose the amount of down payment from 30 per cent to 75 per cent according to their convenience. Here is a detailed instalment plan of Suzuki Ato VXL for the tenure of 5 years at equity levels starting from 30% to 75%.
| PERCENTAGE | CAR PRICE | DOWN PAYMENT/MARGIN | ALFALAH BANK PARTICIPATION | MONTHLY INSTALMENT |
| 30% | 2,935,000 | 880,500 | 2,054,500 | 62,502 |
| 35% | 2,935,000 | 1,027,250 | 1,907,750 | 58,037 |
| 40% | 2,935,000 | 1,174,000 | 1,761,000 | 53,573 |
| 45% | 2,935,000 | 1,320,750 | 1,614,250 | 49,109 |
| 50% | 2,935,000 | 1,467,500 | 1,467,500 | 44,644 |
| 55% | 2,935,000 | 1,614,250 | 1,320,750 | 40,180 |
| 60% | 2,935,000 | 1,761,000 | 1,174,000 | 35,715 |
| 65% | 2,935,000 | 1,907,750 | 1,027,250 | 31,251 |
| 70% | 2,935,000 | 2,054,500 | 880,500 | 26,786 |
| 75% | 2,935,000 | 2,201,250 | 733,750 | 22,322 |
Terms and Conditions
- The monthly rentals mentioned above are subject to change according to changes in taxes, the price of the car, market conditions or any change in government policies.
- These calculations do not include any insurance charges. To obtain insurance, you have to pay separately.
- Bank will only accept applications after checking the Debt Burden Ratio, Bank’s internal credit policy, and due diligence checks.
- Bank will also charge processing fees and other necessary fees according to the current bank’s policies.
- The minimum income required for salaried individuals is PKR 30,000 per month.
- The applicants who are businessmen must have a PKR 100,000 gross income per month.
- The minimum income requirement for self-employed people is PKR 50,000.
- For more information about the Suzuki Alto VXL Instalment plan, you can visit Bank Alfalah’s nearest branch.
You might also like details about Bank Alfalah Used car financing.
