Under RV product, Bank Alfalah provides convenience to its customers to pay a lump sum balloon payment at the end of the financing tenure for increased affordability and convenience of repayments.
Available for the residents of Lahore, Kasur, Sheikhupura, Gujranwala, Gujrat, Sialkot, Multan, Faisalabad, Bahawalpur, Rahim Yar Khan, Sahiwal, Okara, Islamabad & Rawalpindi (including approachable peripheries Wah, Kamra, Taxila), Peshawar, Jhelum, Sargodha, Abbotabad, Karachi, Hyderabad, Sukkar & Quetta.

Vehicles allowed under RV
Suzuki : Mehran, Bolan, Cultus, Wagon R, Swift, Vitara, Ciaz, Altto
Toyota : Corolla, Fortuner, Hilux, Prius, Rush
Honda : City, Civic, BR-V, HR-V, CR-V

• Used, Imported (Reconditioned) Vehicles not allowed.
• Maximum Financing up to 5 years only.
• Maximum RV upto 50%.

Bank Alfalah has pioneered to offer Deferred Insurance and Registration product. Through this offering, Bank facilitates its customers to pay Insurance and Registration Charges in instalments during the tenure of the financing/leasing instead of upfront down payment. Hence lowest possible down payment increases customer’s affordability and also facilitates the customer to own a high value/bigger vehicle.

Under this option, customer can easily purchase a new vehicle and adjust their vehicles with a new vehicle without any pre adjustment penalty.

Bank Alfalah provides its Customer with an option to choose fixed or variable rate of financing/leasing.

Bank Alfalah offers its customers to lower their instalments by adjusting their principal with a balloon payment twice during the tenure of the loan. Each balloon payment equals to 6 equal monthly instalments.