Suzuki Cultus VXL 2022 Askari Bank Plan on 5 years easy installments
Suzuki Cults VXL 2022 New from Askari Bank Limited with 30% advance in 5 years How much will be the markup and monthly installments?
This is in reference to your inquiry for financing We are pleased to quote our tentative terms and conditions as follows. Kindly note that these terms are Subject to Prudential Regulations, satisfactory report from Credit Information Bureau and Askari Bank Limited’s approval procedures.
Tentative Terms for Askari Bank Limited Vehicle Finance.
| Asset Type Suzuki Cultus VXL 2022 11.50% | |
| Asset Value Price 3,024,000 | |
| Lease Deposit Money (Down Payment) 907,200 (30%) | |
| Net Lease Amount (Financing Amount) 2,116,800 | |
| Lease Term (Years) 5 | |
| Insurance Plan (Comprehensive) 45,360 (1.50% | |
| Rental Amount (Installment) 46,112 |
| Lease Deposit Money | 907,200 |
| Documentation Charges | 8,000 |
| Federal Excise Duty at 16% | 1.280 |
| Advance First Month’s Rental | 49,892 |
| First Year’s Insurance Premium | 45,360 |
| Total Down Payment | 1,011,732 |
| No. of Years | No. of Rentals | Rentals in Rupees | Insurance in Rupees | T.M.R in Rupees |
| First Year | 12 | 46,112 | 3,780 | 47,892 |
| Second Year | 12 | 46,112 | 3,780 | 47,892 |
| Third Year | 12 | 46,112 | 3,780 | 47,892 |
| Fourth Year | 12 | 46,112 | 3,780 | 47,892 |
| Fifth Year | 11 | 46,112 | 3,780 | 46,112 |
