Toyota Corolla Altis 2023 is one of the most popular sedan in the country and you can avail it on an easy installment plan through Bank Alfalah, which is providing flexible car financing and payment options through the Alfalah Auto Loan.
The automotive industry is struggling due to the current economic conditions, which is made worse by the reduced buying power of customers as they face increased inflation and rise in price of basic commodities.
In this article, we are going to provide details on the installment plan for Toyota Corolla Altis 2023 via Bank ‘Alfalah’s Auto Loan’ facility. However, let us discuss the price of the Toyota Corolla Altis in Pakistan before diving into details regarding the installment plan.
Toyota Corolla Altis 2023 Price in Pakistan
Indus Motor Company (IMC) is offering six different variants for the Toyota Corolla Altis in Pakistan with the following prices:
| Variant | Price (PKR) |
|---|---|
| Toyota Corolla 1.6 MT | 6,169,000 |
| Toyota Corolla 1.6 CVT | 6,769,000 |
| Toyota Corolla 1.6 Special Edition | 7,429,000 |
| Toyota Corolla 1.8 CVT | 7,119,000 |
| Toyota Corolla 1.8 CVT SR | 7,759,000 |
| Toyota Corolla 1.8 CVT SR BLK | 7,799,000 |
Alfalah Auto Loan
You can buy the Toyota Corolla Altis (any variant) through an easy installment plan using Bank Alfalah’s Auto Loan. According to the details, Bank Alfalah provides the following features while buying a car using its Auto Loan:
- You can choose a locally assembled/manufactured new or used car
- Affordable markup rates to choose from
- Residual value option to lower your instalment
- Partial Payment Option Available
- Option to Defer Insurance & Registration charges
- Zero charges on Car replacement option
- Flexible financing tenure
- Minimum 2 years & Maximum 5 Years (Vehicles up to 1000 CC)
- Minimum 2 years & Maximum 3 Years (Vehicles above 1000 CC)
Toyota Corolla Altis 2023 Installment Plan
According to the official website of Bank Alfalah, the Toyota Corolla Altis can be availed on an easy 3-year installment plan with the monthly payment (installment) starting from Rs. 174,701 (depending on the variant) on making a down payment of 30%.
However, the final amount will depend on the amount of the exact down payment being made by the customer, which can be as much as 50% and you can get the exact figures through the Alfalah Auto Loan Calculator available at the bank’s website at www.bankalfalah.com/.
Installment Plan Breakdown
| Model | Price (PKR) | Down Payment (30%) | Monthly Installment |
|---|---|---|---|
| Corolla Altis 1.6 MT | 6,169,000 | 1,850,700 | 174,701 |
| Corolla Altis 1.6 CVT | 6,769,000 | 2,030,700 | 191,692 |
| Corolla Altis 1.6 CVT SE | 7,429,000 | 2,228,700 | 210,383 |
| Corolla Altis 1.8 CVT | 7,119,000 | 2,135,700 | 201,604 |
| Corolla Altis 1.8 Grande (Beige Interior) | 7,759,000 | 2,327,700 | 219,728 |
| Corolla Altis 1.8 Grande (Black Interior) | 7,799,000 | 2,339,700 | 220,861 |
To check out installment plans for other vehicle, make sure to visit our automotive section.
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