Islamabad, Apr 30, 2025: United Bank Limited (UBL) has teamed up with Pak Suzuki Motor Company to launch a convenient car financing option for the Suzuki Alto under its exclusive UBL Drive Program.
This flexible installment plan is designed for buyers who prefer manageable monthly payments over paying the full amount upfront.
Suzuki Alto on Easy Auto Loan Terms
UBL is offering a fixed annual markup of 14.50% on all four Suzuki Alto variants.
With this plan, buyers can enjoy low monthly installments along with a balloon payment (also known as residual value) at the end of the financing period, helping to reduce the monthly financial burden.
Here is the breakdown of prices and payment structure:
Model | Price (PKR) | Minimum Down Payment | Monthly Installment | Final Balloon Payment |
---|---|---|---|---|
Alto VX | 2,331,000 | 699,300 | 29,054 | 38,391 |
Alto VXR | 2,827,000 | 848,100 | 46,560 | 35,265 |
Alto VXR AGS | 2,989,000 | 896,700 | 49,228 | 37,255 |
Alto VXL AGS | 3,140,000 | 942,000 | 51,715 | 39,137 |
Key Benefits
- Flexible Terms: Financing options are available for up to five years, depending on the applicant’s creditworthiness.
- Lower Monthly Installments: Thanks to the final balloon payment option, monthly EMIs stay lighter on the pocket.
- Trusted Banking Partner: UBL offers a seamless digital application process and personalized assistance throughout.
How to Apply
Interested customers can apply directly through the UBL digital banking platform. The process involves submitting basic documents and undergoing a credit check.
Once approved, customers can drive away with their brand-new Suzuki Alto on affordable terms.
This installment plan is ideal for salaried individuals, small business owners, and families aiming for car ownership without financial pressure.
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UBL’s collaboration with Suzuki ensures a reliable and smooth financing experience for all.