AUTO FINANCING 

Name of Financial Institution 1 year 2 years 3 years 4 years 5 years 6 Years 7 Years
Bank Al Falah 0.09216 0.05041 0.03666 0.02990 0.02594    
CitiBank N A 0.09311 0.05139 0.03768 0.03151 0.02762 0.02572 0.02405
Home Alliance 0.09116 0.05052 0.03726 0.03119      
Standard Chartered 0.09264 0.05090 0.03717 0.03043 0.02650 0.02396 0.02221
Financing Amount =   Asset Cost - Down Payment        
You can calculate the monthly contribution on the financing amount of Rs. 500,000 payable over 5 years is to say financing amount x 5 years installment factor of Standard Chartered 500,000 x 0.02650=13250 P.M

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# of Payments Interest Rate Principal Amount   Monthly Payment