Suzuki Alto Installment Plan in August 2024: Different Banks Offer

Suzuki Alto, Pakistan’s popular entry-level hatchback, continues to be the top choice for budget-conscious urban buyers. Known for its low cost, minimal maintenance, and excellent fuel efficiency, this 660cc car has solidified its position as a reliable vehicle for daily commuting. Despite recent price hikes, the Alto remains Suzuki’s most affordable hatchback, with rising sales reflecting its strong appeal.

As of August 2024, the Suzuki Alto starts at Rs2.3 million, making it the cheapest car from Pakistan’s oldest carmaker. With the rising costs, many potential buyers are exploring easy installment options to purchase the Alto. Here’s a breakdown of the installment plans offered by various banks.

Suzuki Alto Installment Calculator 2024

Bank	Model	Price (Rs.)	Down Payment (Rs.)	Bank Participation (Rs.)	Monthly Installment (Rs.)
Bank Alfalah	Alto VX	2,331,000	699,300	1,631,700	48,709
	Alto VXR	2,707,000	812,100	1,894,900	56,566
	Alto VXL	3,045,000	913,500	2,131,500	63,629
Meezan Bank			699,300	–	42,100
				Interest Rate: 18.75%	Processing Fees: 13,560
				1st Year Insurance: 46,620	Document Charges: 0
UBL			700,000	–	42,541
				Processing Fee: 7,500	1st Year Insurance: 89,277
				Monthly Insurance: 6,695.80	Loan Amount: 1,631,000
Standard Chartered			699,300	–	51,514
				Processing Fee: 8,000	Up-front Tracker Fee: 22,000

This table makes it easier to compare the installment plans offered by different banks for the Suzuki Alto in August 2024.

With various banks offering competitive installment plans, purchasing a Suzuki Alto in August 2024 has become more accessible for buyers. Whether you choose Bank Alfalah, Meezan Bank, UBL, or Standard Chartered, these financing options make owning the Suzuki Alto easier without the burden of upfront full payment. This makes it an attractive choice for those looking to invest in a reliable and economical vehicle.