Suzuki Offers Interest-Free Motorcycle Installments

Suzuki Offers Interest-Free Motorcycle Installments for Bank Alfalah Credit Card Holders

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Pak Suzuki Motor Company (PSMC) has announced a new motorcycle installment plan with zero markup (interest-free) for Bank Alfalah credit card holders. The plan is available for three Suzuki motorcycles: the GD 110S, GS 150, and GR 150.

To avail the plan, customers must make a 50% down payment and then pay the remaining balance in 9, 12, or 18 monthly installments. There is a one-time processing fee of Rs. 5,000 applicable for the plan.

The installment plan is a way for PSMC to attract customers amid rising motorcycle prices. The company has increased prices several times in recent months, making its two-wheelers more expensive for many buyers.

The move comes as Suzuki along with other automotive companies continues to suffer as a result of the country’s deteriorating economy and restrictions on import of raw materials. These companies have been forced to observe several non-production days (NPDs) due to insufficient inventory levels.