United Bank Limited (UBL) has introduced a convenient and flexible car financing offer under its UBL Drive program, enabling customers to own a Suzuki Alto through affordable monthly installments starting from just Rs. 29,054.
This offer covers all major variants of the Suzuki Alto, including VX, VXR, VXR AGS, and VXL AGS. UBL is offering this facility with a fixed annual markup rate of 14.5%, and customers can choose a financing tenure ranging from 1 to 5 years.
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A 50% residual value option is also available, significantly lowering monthly installments by allowing customers to pay the remaining value at the end of the term.
Here’s a detailed breakdown of the offer:
- Suzuki Alto VX
- Price: Rs. 2,331,000
- Down Payment: Rs. 699,300
- Financing Amount: Rs. 1,631,700
- Monthly Installment: Rs. 38,391
- Residual Value Installment: Rs. 29,054
- Suzuki Alto VXR
- Price: Rs. 2,827,000
- Down Payment: Rs. 848,100
- Financing Amount: Rs. 1,978,900
- Monthly Installment: Rs. 46,560
- Residual Value Instalment: Rs. 35,236
- Suzuki Alto VXR AGS
- Price: Rs. 2,989,000
- Down Payment: Rs. 896,700
- Financing Amount: Rs. 2,092,300
- Monthly Installment: Rs. 49,228
- Residual Value Installment: Rs. 37,255
- Suzuki Alto VXL AGS
- Price: Rs. 3,140,000
- Down Payment: Rs. 942,000
- Financing Amount: Rs. 2,198,000
- Monthly Installment: Rs. 51,715
- Residual Value Installment: Rs. 39,137
Salient Features:
- Minimum down payment
- Fast processing and simple documentation
- Financing terms from 1 to 5 years
- Residual value option of up to 50%
UBL states that the listed installments are exclusive of insurance charges, and prices are subject to change based on updates from the manufacturer.
Customers looking to own a Suzuki Alto through this offer can apply online at:
UBL’s latest offer is aimed at making car ownership more accessible and budget-friendly, especially for those seeking fuel-efficient and compact vehicles for everyday use.
