Suzuki Alto 2020 New Car Lease in Pakistan|| Car Lease Facility Through JS Bank ||
Suzuki has launched new Suzuki Alto 2020 in Pakistan The car comes equipped with a 660cc engine and with both the auto and manual transmission. Suzuki Alto Price in Pakistan is :
Variants Price
Suzuki Alto VX PKR 11,45,000
Suzuki Alto VXR PKR 13,98,000
Suzuki Alto VXL PKR 15,98,000
Are you looking for easy financing to buy a car?
JS bank auto loan is an installment based loan for purchase of new, used and imported vehicles for a tenure from 1 to 7 years. Finance your car from Rs. 300,000 to Rs. 50 Million.
With JS Bank competitive car loan, we provide the best possible financing solution to make your dream car a reality. Benefit today from the most appealing features in town and get the keys of your dream car at a glance!
Technical Awareness Channel is making tools that help users in buying vehicles on Auto Financing. Various Banks are offering New and Used Cars on Finance. HBL Car Financing, Dubai Islamic Bank Car Financing, UBL and Faysal Bank Car financing are few examples of Popular Car Finance Options in Pakistan, offering Cars on Instalments.
Banks and other financial institutions were not very keen on offering Car Leasing arrangements for used cars until the recent growth of used cars sector, especially the imported cars. Most of the leading banks in Pakistan are now offering used/imported cars financing alongside the brand new cars financing like HBL offering HBL Car Loan scheme for both new and Used Cars on instalments.
Banks would normally require an applicant to meet certain eligibility criteria, produce documentation and give financial security for the purpose of initiating Car Financing.
Eligibility criteria for Auto Finance would normally require one to be a citizen of Pakistan between the ages of 22 to 70. This age bracket differs from bank to bank with minor differences. Applicant should have a steady source of income to afford the Car installments. This source of income may include salary income, rental income, agricultural income or income from the business. Car Loan Calculator helps to determine monthly Car Installment.
Documents required would normally be passport size photograph, copies of National Identity Card, and Bank statements for a certain past period and salary certificates for salaried individuals. Additional documentation may also be needed from some other banks. This will widely depend on the source of income.
Once the eligibility criteria are met and documentation is in place, financing case is forwarded for further processing. This involves the verification of case. Pre-approval checks shall be established to ensure the financial stability to minimize the risk on bank’s end. Once the bank has approved this facility, the car is arranged and delivered to the customer. This will obviously include the upfront payments from the customer. Car Leasing Options has made easier to Buy Car on Installments while you can calculate monthly Car Installment through Car Finance Calculator.
Features
• Loan available on flexible and fixed rates
• Up to 80% financing
• Installments spread up to a period of 7 years
Product Benefits and Features
1. Financing available for all New & used(Local), and Imported Cars
2. Minimum Down Payment (20%)
3. Maximum financing till Rs 50.00 Million
4. Financing period is 1-7 years
5. Choice of reputable insurance companies at competitive rates.
6. Quick processing and minimal documentation
Required Documents
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Salaried Customers Self Employed Professional/Business
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Two recent photographs Two recent photographs
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Copy of Computerized National Identity Card Copy of
Computerized National
Identity Card
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Employment Proof Acceptable proof of business
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Experience Letter Bank statement of last 1 year
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Bank statement of last 1 year Registered or unregistered Partnership Deed
JS Bank Drive Eligibility
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Salaried Customers Self Employed Professional/Business
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Age Criteria: 21-70 Age Criteria: 22-70
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Job Status: Permanent only Job Status: NA
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Salary Income: Rs 25,000 per month Salary Income: Rs 50,000 per month
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Length of Employment: Min 06 months Length of Business: 2 years
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