Suzuki Alto VXR 2023 Installment Plan at Bank Alfalah

Bilal Raza June 22, 2023

1 minute read

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.

Table of Contents

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