Suzuki Cultus, easy installment plans are now available from both Bank Alfalah and Meezan Bank, letting buyers spread payments for Pakistan’s popular 998‑cc hatchback over five years. Each plan asks for the same 30 per cent upfront but the monthly bite is different.
Easy installment plans for Suzuki Cultus show similar down payments but different monthly bills
Pak Suzuki lists the Suzuki Cultus VXR at Rs 4,089,490 ex‑factory and the higher spec VXL at Rs 4,359,160, prices updated on 1 July 2025. Using those rates:
Bank Alfalah (conventional loan) finances up to 70 per cent of the price for five years. With a 30 per cent down‑payment on a Cultus VXR, about Rs 1.23 million, he financed amount is Rs 2.86 million.
At today’s variable markup (one‑year KIBOR plus bank spread), the tentative monthly instalment works out near Rs 84,000 for 60 months, according to the bank’s own calculator. First year insurance, processing and registration push the initial cash out to about Rs 1.32 million.
Meezan Bank (Islamic Car Ijarah) also asks for a 30 per cent security deposit. For the same Cultus VXR price, the bank quotes an estimated monthly rental of Rs 68,211 over 60 months, with upfront charges of roughly Rs 1.23 million plus a Rs 3,100 processing fee.
Meezan bears the first year withholding tax and rolls insurance into the rental, so the entry cost stays slightly lower than Bank Alfalah’s.
Over five years the maths is straightforward. Bank Alfalah’s plan totals about Rs 6.27 million when all 60 instalments and the down payment are added, while Meezan’s plan lands near Rs 5.97 million (assuming no midterm rate resets).
The difference stems from the lower rental rate and Meezan’s promise to absorb some one time taxes.
Both banks cap tenure at five years because State Bank rules limit financing for cars up to 1,000 cc to that period Bank. Each allows early settlement but may charge a modest fee.
Insurance, tracker charges and any future KIBOR spikes can still change the monthly figure, so buyers should run the live calculators again before signing.
For shoppers comparing easy installment plans for Suzuki Cultus, the key takeaway is simple: the same 30 per cent down payment unlocks two very different monthly bills.
Those who prefer predictable rentals and Shariah compliance may lean toward Meezan Bank, while buyers who value extra options like balloon payments or residual value swaps might choose Bank Alfalah. Either way, confirm the latest markup, processing fee and insurance quote before committing.
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