If you’re looking to own a Suzuki Alto 660cc but prefer to pay in installments, MCB Bank offers a convenient financing option. Here’s a breakdown of the upfront payments and the repayment schedule:
The Ex Factory Price of Suzuki Alto AGS Model is 3,045,000/-
The Initial Payment of 30% percent in advance along with the Insurance and Processing fee makes the total of Upfront Payment of Rupees 983,376/-
Suzuki Alto is the most economical car available in Pakistan.
Upfront Payments:
- Down Payment: PKR 913,500
- 1st Year Advance Insurance: PKR 60,596
- Processing Fee (including FED 16%): PKR 9,280
- Total Upfront Payment: PKR 983,376
Repayment Schedule:
Year | Equal Monthly Installment (PKR) | Monthly Insurance (PKR) | Total Monthly Installment (PKR) |
---|---|---|---|
1st Year | 54,475 | 4,545 | 59,019 |
2nd Year | 54,475 | 4,292 | 58,767 |
3rd Year | 54,475 | 4,040 | 58,514 |
4th Year | 54,475 | 3,787 | 58,262 |
5th Year | 54,475 | 0 | 54,475 |
Total Payments:
- Total Installments (PKR): 3,268,473
- Total Insurance (PKR): 199,965
- Grand Total: PKR 3,468,438
This financing plan allows you to break down the total cost over five years, making it easier to manage the expense while owning a brand-new Suzuki Alto 660cc.