Owning a car is the dream of many. It can give you the independence you need and the freedom that enables you to live your life in ways you could never have imagined. Bank Alfalah Car Loan can help you to own your own private car and make it possible for you to have stress-free driving. You might have a specific car in mind or you might be happy to have any kind of vehicle that makes it possible for you to drive to work, whatever it might be, you can be sure that a Bank Alfalah Car Loan will give you what you need.
Offering You Chice and Affordability
Having the ability to select a new, used or imported car will make it easy for you to find a car that is right for you. Mawazna.com can help you to get your Bank Alfalah Car Loan for any of these purposes. Therefore, you can find a vehicle that fits within your specific needs such as a family car or a small car for short journeys that is fuel-efficient. You can also choose a car that fits your budget and that means you have complete flexibility.
By opting to use Bank Alfalah Car Loan, you will also benefit from the ability to pay a lump sum balloon payment once the finance period ends. This offers complete convenience and affordability. This means that owning a private car become available to more people. However, the lump sum balloon payment is only available to those who buy a new vehicle while financing can only be taken out to a maximum of five years and with a residual value of a maximum 50%.
At the time of writing this article, a balloon payment can be made twice during the duration of the lean and each balloon payment is the equivalent of six monthly instalments.
Additional Reading: A Walkthrough of Allied Bank Car Finance
Insurance and Registration Charges Deferred
Bank Alfalah is one of the first to offer Deferred Insurance and Registration products. This product offers customers the ability to cover the cost of insurance and registration by paying in instalments over the duration of the finance period. This means that the payments become more affordable as they do not have to paid at the beginning. This then makes it possible for individuals to own their own vehicle without worrying about being hit by high charges from the very beginning.
Car Replacement Options
Over time, cars become old and they can start to develop problems and so, this is what make a Bank Alfalah car loan so appealing. The Vehicle Replacement Option enables car owners to purchase their vehicles but then replace them later. Purchasing a new vehicle is easy while it is possible to make changes without having to cover the cost of any pre adjustment penalties.
Choice of Rates
Not only do car owners get a huge array of options when it comes to owning a vehicle but they also have the choice of fixes or variable rates.
A car loan from Bank Alfalah is available to those who earn a minimum of PKR 50,000. They have to be between the ages of 21 and 70 and in the current business for a minimum of 1 year.
Make Sure it is Right for You
When the time comes to choosing the right option for you, you have to make sure you compare offers from all providers. Therefore, choosing to use Mawazna.com will enable you to make an informed decision that ensures you purchase a vehicle within your budget and with the correct terms and conditions. Owning a car is a big decision, so you have to make sure that it is the right one.
“Mawazna Karein Apne Liye, Apno key Liye“