How to Apply for Suzuki Alto Installment Plans.
If you are eyeing the stylish and budget-friendly Suzuki Alto VXR 2023 but don’t want to drain your savings at once, worry not! Bank Alfalah brings you flexible installment plans that make owning your dream car a reality. In this article, we will explore the Suzuki Alto Installment Plans 2023 in partnership with Alfalah Bank. Discover how you can drive home in your new Alto while conveniently managing your finances.
Key Features
As a budget-friendly vehicle, the Suzuki Alto VXR offers simplicity without compromising on safety. Although it lacks advanced features like an infotainment screen or Anti-Lock Braking System (ABS), it prioritizes your well-being with a dual SRS airbag system for the driver and passenger.
Specifications
The Suzuki Alto VXR 2023 boasts a 660cc engine, generating a remarkable 39 horsepower (hp) and 56 Newton-meters (Nm) of torque. With its efficient 5-speed manual transmission system, the Alto ensures a smooth and enjoyable driving experience. While the Alto offers multiple variants, our focus here will be on the installment plan specifically designed for the Suzuki Alto VXR.
Affordable Pricing
The Suzuki Alto VXR 2023 comes at a competitive price of Rs. 1,976,000 in Pakistan, and with the installment plans from Alfalah Bank, it becomes even more accessible to a wider range of individuals. By opting for the installment plan, you can avoid the burden of paying the full amount upfront and enjoy the convenience of monthly payments that suit your budget.
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Alfalah Auto Loan
Alfalah Bank offers its Auto Loan facility to help you finance your Suzuki Alto VXR 2023 purchase conveniently. With this facility, you have the freedom to choose between new or used cars, benefit from affordable markup rates, and even have the option to lower your installment through the residual value option.
Alfalah Bank also offers flexibility in financing tenure, ranging from a minimum of 2 years to a maximum of 5 years for vehicles up to 1000 CC.
Suzuki Alto VXR 2023 Installment Plan
To give you a clearer idea of the installment plan, let’s delve into the numbers. According to Pak Suzuki Motor Company (PSMC), to acquire the Suzuki Alto VXR 2023 through Bank Alfalah’s installment plan, you would need to make a down payment of Rs. 592,800. This down payment includes additional charges such as processing fees (Rs. 8,700), first-year insurance (Rs. 49,400), and vehicle registration fees, making the total down payment Rs. 681,900.
Breakdown of the Installment Plan
| Total Price | PKR 1,976,000 |
| Down Payment (30%) | PKR 592,800 |
| Processing Fees | PKR 8,700 |
| 1st Year Insurance Amount | PKR 49,400 |
| Monthly Payment (5 years) | PKR 37,793 |
| Total Down Payment | PKR 681,900 |
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Eligibility Criteria and Document Requirement
Image Source incpak.com
Once the down payment is settled, you can enjoy the convenience of monthly installments amounting to Rs. 37,793 for a duration of 5 years. It’s important to note that the monthly installment includes the insurance amount and is subject to change.
Conclusion
Owning a brand new Suzuki Alto VXR 2023 has never been more accessible and manageable, thanks to the installment plans offered by Alfalah Bank. With affordable down payments, competitive monthly installments, and the convenience of Alfalah Bank’s Auto Loan facility, you can hit the roads in style and comfort without straining your finances. For detailed information and further inquiries, visit the official websites of Pak Suzuki Motor Company (PSMC) and Bank Alfalah. Start your journey towards owning a Suzuki Alto VXR 2023 today!
