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AUTO FINANCING |
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| 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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