Pak Suzuki Motor Company (PSMC) has introduced a simple installment plan for Suzuki Cultus 2023 models in Pakistan in collaboration with Bank Alfalah and Askari Bank. Suzuki Cultus is a very reliable and efficient choice when looking for a car. This car has many features which are efficient, top class and fuel-efficient engines apart from this excellent value for money. You can choose an installment plan regardless of your financial situation so that you can easily repay the monthly financial burden. Thanks to our installment plans, you can become the owner of Cultus without any financial situation. Let’s describe the 2023 Suzuki Cultus installment plans for consumers to take advantage of this opportunity.

Suzuki Cultus Installment Plans 2023

Suzuki Cultus 2023 Installment Plans

Suzuki Cultus, a popular small car, now offers customers installment plans in 2023. Under the plans, customers can pay for the car in monthly installments instead of a lump sum, making the cost of ownership more reasonable. Flexible terms and affordable interest rates for installment plans make it easy for clients to get behind the wheel of a Suzuki Cultus. Whether you’re buying a car for the first time or looking to upgrade your existing vehicle, the 2023 Suzuki Cultus payment plans give buyers a quick and economical way to get on the road.

Suzuki Cultus Installment Plan with Askari Bank

We are pleased to provide you with some preliminary terms in response to your request for financing alternatives for Suzuki Cultus 2022. Please note that these terms are subject to the rules and approvals of the Credit Information Bureau and Askari Bank Limited. The amount of the surcharge and monthly installments will be determined based on the results of these assessments with a 30% down payment and a payback period of 5 years.

Suzuki Cultus Finance Terms and Conditions with Askari Bank 

  • Suzuki Cultus Financing Terms with Askari Bank
  • Suzuki Cultus 2022 Asset Type 11.50% Asset Value Price 3,024,000
  • Lease money (down payment): $907,200 (30%)
  • 2,116,800 (Net rental amount + financing amount)
  • Lease period (years) 5 Insurance (Comprehensive) 45,360 (1.50%
  • 46,112 (installment) Amount of rent
Lease Deposit Money 907,200
Documentation Fees 8,000
Federal Excise Tax of 16% 1.280
First Month’s Rent in Advance 49,892
Premiums for the First Year 45,360
Total Deposit 1,011,732

First Year

  • No. of Rentals 12
  • The rental is Rs. 46,121
  • Insurance in Rs. 3,780
  • T.M.R. in Rs. 47,892 

Second Year

  • No. of Rentals 12
  • The rental is Rs. 46,121
  • Insurance in Rs. 3,780
  • T.M.R. in Rs. 47,892 

Third  Year:

  • No. of Rentals 12
  • The rental is Rs. 46,121
  • Insurance in Rs. 3,780
  • T.M.R. in Rs. 47,892 

Fourth  Year

  • No. of Rentals 12
  • The rental is Rs. 46,121
  • Insurance in Rs. 3,780
  • T.M.R. in Rs. 47,892 

Fifth  Year

  • No. of Rentals 11
  • The rental is Rs. 46,121
  • Insurance in Rs. 3,780
  • T.M.R. in Rs. 46,112

Suzuki Cultus 2023 Installment Plans With Bank Alfalah

Bank Alfalah strives to provide its customers with excellent banking services and financial solutions to improve their lives. We accomplish this in part by providing installment plans that allow customers to obtain products they otherwise would not be able to afford. If you are considering buying a car, we have 2023 Suzuki Cultus installment plans available. Contact us to learn more about the viable options available to you. Bank Alfalah offers flexible payment plans for various products, including cars. These plans are intended to be practical and easy to understand, with repayment periods ranging from three to seven years, allowing clients to choose the plan that best suits their needs and interests.

Bank Alfalah Installment Suzuki Cultus 2023  

Bank Alfalah provides Suzuki Cultus AGS 2023 installment programs with a repayment period of up to 5 years. The required down payment or capital investment ranges from 30% to 75%. You can find the exact installment plans for Suzuki Cultus 2023 in the bank information.

Equity: 30%

  • Total price of the car: 3,234,000
  • Deposit/Equity: 970,200
  • Bank Alfalah participation: 2,263,800
  • Monthly payment: 60,862

Equity: 35%

  • Total price of the car: 3,234,000
  • Deposit/Equity: 131,900
  • Bank Alfalah participation: 2,102,100
  • Monthly payment: 56,515

Equity: 40%

  • Total price of the car: 3,234,000
  • Deposit/Equity: 1,293,600
  • Bank Alfalah participation: 1,940,400
  • Monthly payment: 52,167

Equity: 45%

  • Total price of the car: 3,234,000
  • Deposit/Equity: 1,455,330
  • Bank Alfalah participation: 1,778,700
  • Monthly payment: 47,820

Equity: 50%

  • Total price of the car: 3,234,000
  • Deposit/Equity: 1,617,000
  • Bank Alfalah participation: 1,617,000
  • Monthly payment: 43,470

Equity: 55%

  • Total price of the car: 3,234,000
  • Deposit/Equity: 1,778,700
  • Bank Alfalah participation: 1,455,300
  • Monthly payment: 39,126

Equity: 60%

  • Total price of the car: 3,234,000
  • Deposit/Equity: 1,940,400
  • Bank Alfalah participation: 1,293,600
  • Monthly payment: 34,778

Equity: 65%

  • Total price of the car: 3,234,000
  • Deposit/Equity: 2,102,100
  • Bank Alfalah participation: 1,131,900
  • Monthly payment: 30,431

Equity: 70%

Total price of the car: 3,234,000

Deposit/Equity: 2,263,800

Bank Alfalah participation: 970,200

Monthly payment: 26,084

Equity: 75%

  • Total price of the car: 3,234,000
  • Deposit/Equity: 2,425,500
  • Bank Alfalah participation: 808,500
  • Monthly payment: 21,736

Conclusion

In conclusion, the Suzuki Cultus is an excellent choice for individuals looking for a reliable, economical and affordable vehicle. Customers can purchase a car like the Suzuki Cultus thanks to installment plans offered by institutions like Bank Alfalah. Consumers can easily choose a plan that suits their budget and lifestyle, with a wide range of repayment terms, deposit options, and models to choose from. It is important to note that these payment plans are subject to approval and regulation by the bank. If you’re thinking of buying a Suzuki Cultus, be sure to explore your financing options so you can make an informed decision.

FAQs

What are the 2023 Suzuki Cultus installment plans?

After deducting processing charges of Rs. 8,700 and first-year insurance of Rs. 75,500, your monthly installment will be Rs. 57,794.

Which bank gives Suzuki Cultus car installments in Pakistan?

Alfalah Bank and Askari Bank are offering Suzuki Cultus in installments in Pakistan.

What is the duration of the installment plan for Suzuki Cultus?

The Suzuki Cultus has a five-year repayment plan.

What is the minimum deposit for a car in Pakistan?

You must put down at least 20% of the vehicle price as a deposit or equity.

What is the booking price of Cultus?

Cultus VXR PKR 3,039,000/-

Cultus VXL PKR 3,339,000/-

Cultus AGS PKR 3,569,000/-

Leave a Reply

error: Content is protected !!