To cater the car loan needs of the its customers, Bank Alfalah offers Alfalah Auto Loan product. Consumers can avail Alflaah car Loan to buy a new or used car in Pakistan. The purchase of an imported car can also be availed through Bank Alfalah Car Loan product. The car loan rates are offered well competitative. Bank Alfalah car loan is made available upto 7 years to spread the cost of borrowing for consumers. The minimum term lenght is 1 year. The borrowers can choose any of the loan product based on fixed and variable rates giving them the control over how they would like to manage their money during the loan period.
Bank Alfalah is also offering zero fee on car replacement options in case your would like to replace your car duing the loan term. There are special arrangements made by Bank Alfalah for its customers to purchase a Suzuki brand vehicle.
Consumers can also avail baloon payment option at a later stage that will help them to reduce the total cost of borrowing by making lumpsum payments against their Bank Alfalah Car Loan.
To check the eligibility criteria and other details of Bank Alfalah Car Loan, use the above calculator and see the details of the product on offer.