Are you considering purchasing a brand new Suzuki Alto VXR 2023 but prefer a convenient installment plan? Look no further! Bank Alfalah is here to help you bring your dream car home with its flexible financing options.
In this article, we will delve into the details of the Suzuki Alto VXR installment plan offered by Bank Alfalah, giving you a comprehensive understanding of the down payment, monthly installments, and other associated costs.
Suzuki Alto VXR 2023 Price and Down Payment:
The Suzuki Alto VXR 2023 comes with a price tag of 1,976,000 PKR. To make your purchase hassle-free, Bank Alfalah offers an installment plan with a down payment of 30%, amounting to 595,800 PKR. This allows you to get behind the wheel of your new Alto VXR with ease.
Installment Details:
Bank Alfalah understands the importance of flexibility, and that’s why they offer installment options ranging from 1 year to 5 years. You can select the length of the installments to fit your financial requirements based on your preferences. Let’s examine the breakdown of the installments in more detail now:
| Year | No. of Installments | Installment Amount (PKR) | Insurance Amount (PKR) | Net Payable Amount (PKR) |
|---|---|---|---|---|
| First Year | 12 | 36,546 | 2,913 | 39,460 |
| Second Year | 12 | 36,546 | 2,630 | 39,177 |
| Third Year | 12 | 36,546 | 2,376 | 38,922 |
| Fourth Year | 12 | 36,546 | 2,146 | 38,693 |
| Fifth Year | 12 | 36,546 | 0 | 36,546 |
| Detail | Amount (PKR) |
|---|---|
| Vehicle Brand | Suzuki Alto VXR 2023 |
| Vehicle Price | RS. 1,986,000 |
| Down Payment (30%) | RS. 595,800 |
| Processing Charges | RS. 10,000 |
| 16% FED on Processing Charges | RS. 1,600 |
| RSD, MD, and Terrorism Cover | RS. 1,000 |
| First Year’s Insurance Premium | RS. 37,734 |
| Total Down Payment | RS. 646,134 |
