Car prices are touching the skies, forcing customers to change their spending patterns. At the current high rate of inflation, it is nearly impossible for everyone to buy a new car. However, the banks are intervening to assist the customers and manufacturers by devising easy instalment plans. Toyota Altis is one of the well-liked sedans in Pakistan, so here are Toyota Corolla Altis 1.6 instalment plans.
Bank Alfalah is one of the leading banks in Pakistan to facilitate customers with finance solutions. Therefore, it provides up to 3 years of instalment plans for those who want to own a car.
Toyota Altis 1.6 Overview
Toyota Corolla Altis 1.6 is one of the most sold sedans in Pakistan because of its attractive and luxurious body and enhanced features. The exterior makes the car look beautiful, and the interior is also equipped with comfort and numerous driver and passenger assist features.
Altis 1.6 has a water-cooled 4-cylinder engine transmission of 1600cc. It comes in both manual and automatic variants. The top speed is 180 km/h. the fuel capacity of Toyota Altis 1.6 is 55L, with a fuel average of 12 KM/L in the city and 14 KM/L on the highway. Here are further specifications of this car.
| Price | PKR 4,789,000 |
| Body Type | Sedan |
| Dimensions (Length x Width x Height) | 4620 x 1775 x 1475 mm |
| Ground Clearance | 175 mm |
| Displacement | 1600 cc |
| Transmission | Automatic |
| Horse Power | 120 hp |
| Torque | 154 Nm |
| Boot Space | 470 L |
| Kerb Weight | 1275 KG |
| Fuel Type | Petrol |
| Mileage | 12 – 14 KM/L |
| Fuel Tank Capacity | 55 L |
| Seating Capacity | 5 – Persons |
| Top Speed | 180 KM/H |
| Tyre Size | 195/65/R15 |
Toyota Corolla Altis 1.6 Instalment Plans
Here you will learn about all the instalment plans for Toyota Corolla Altis 1.6 Automatic variant. The projects from Bank Alfalah range from up to 3 years with a down payment of 30% to 75%.
| Equity | Total Car Price | Down payment/Equity | Alfalah Bank Participation | Monthly Instalment |
| 30% | 4,789,000 | 1,436,700 | 3,352,300 | 124,925 |
| 35% | 4,789,000 | 1,676,150 | 3,112,850 | 116,002 |
| 40% | 4,789,000 | 1,915,600 | 2,873,400 | 107,079 |
| 45% | 4,789,000 | 2,155,050 | 2,633,950 | 98,156 |
| 50% | 4,789,000 | 2,394,500 | 2,394,500 | 89,232 |
| 55% | 4,789,000 | 2,633,950 | 2,155,050 | 80,309 |
| 60% | 4,789,000 | 2,873,400 | 1,915,600 | 71,386 |
| 65% | 4,789,000 | 3,112,850 | 1,676,150 | 62,463 |
| 70% | 4,789,000 | 3,352,300 | 1,436,700 | 53,539 |
| 75% | 4,789,000 | 3,591,750 | 1,197,250 | 44,616 |
To be eligible for applying for a car loan, you need to have a certain amount of income. For salaried people, the minimum gross income must be PKR 30,000. For business individuals, it must be PKR 100,000. The monthly gross income requirement for self-employed professionals must be PKR 50,000.
Bank Alfalah provides loans for a variety of cars. Check out Suzuki Wagon R instalment plans. For more instalment plans, you can visit the Bank Alfalah website to use to loan calculator.
