Thinking about buying a Suzuki Cultus but can’t pay the full price in one go? Good news: Suzuki Pakistan and Meezan Bank have teamed up to offer a 5-year (60-month) installment plan for all Cultus variants. This gives buyers a more manageable way to pay.
🔍 What You’ll Find Below
- Current Cultus prices (after the 2025 tax changes)
- How the installment plan works (deposit, fees, monthly payments)
- Why more people are choosing installments now
- What this means for the auto industry
- FAQs and latest updates
Cultus Prices in Pakistan (as of September 2025)
Here’s how the new taxes have affected the prices:
| Variant | Old Price (PKR) | New Price (PKR) | Increase (PKR) |
|---|---|---|---|
| VXR | 4,049,000 | 4,089,490 | 40,490 |
| VXL | 4,316,000 | 4,359,160 | 43,160 |
| AGS | 4,546,000 | 4,591,460 | 45,460 |
These increases reflect the higher sales tax and the NEV (New Enhanced Value) levy.
How the 5-Year Installment Plan Works
Here’s the breakdown for paying over 60 months through Meezan Bank:
| Variant | Price (PKR) | Security Deposit (30%) | Processing Fee (PKR) | Total Upfront Payment (PKR) | Monthly Installment (PKR) |
|---|---|---|---|---|---|
| VXR | 4,089,490 | 1,226,847 | 3,100 | 1,229,947 | 68,188 |
| VXL | 4,359,160 | 1,307,748 | 3,100 | 1,310,848 | 72,648 |
| VXL AGS | 4,591,460 | 1,377,438 | 3,100 | 1,380,538 | 76,561 |
A couple of notes:
- These plans are specifically via Meezan Bank.
- If you go with another bank or financier, your numbers may change (higher or lower).
Why Installments Are Gaining Traction
Here’s what’s driving more people toward installment plans:
- The sales tax jumped from 12.5% to 18%.
- The NEV levy added a new cost burden.
- Inflation and currency shifts have pushed up production and import costs.
So even though spreading payments helps your cash flow, the overall cost of ownership is still steep.
What’s Going on in the Auto Market
Here’s how the bigger picture looks:
- If taxes and levies stay high, car prices might keep going up.
- Even with monthly plans, some families will struggle to afford a new car.
- The auto sector is under pressure due to economic instability, inflation, and exchange rate swings.
Latest Update (as of October 2025)
Just so you have the freshest info: the installment plan details above reflect September 2025 prices and policies. If the government or Suzuki makes any changes (say, reducing levies or altering financing schemes), those will matter a lot for buyers. I’ll keep an eye out and update when things shift.
Frequently Asked Questions (FAQs)
Q: Do I have to use Meezan Bank for this plan?
A: Yes — the figures here are based on the Meezan Bank partnership. Other banks may give different terms.
Q: Can I negotiate fewer months (say 36 or 48 months) instead of 60?
A: Possibly, but those deals typically come with higher monthly payments. You’d have to check with the financier.
Q: Is this installment option good for everyone?
A: It helps a lot for people who can’t pay all in one go. But high overall costs, taxes, and fees still make it expensive in the long run.
Q: What happens if I miss a payment?
A: Usually, there are penalties or additional charges. You’ll need to read the terms carefully before signing.
Bottom Line & What You Should Do Next
Here’s the thing — this 5-year plan gives many people a way to get a new car without a huge upfront hit. Monthly payments (from ~Rs. 68,188) make it more accessible. But remember: the total cost is still high, thanks to taxes and rising expenses.
If you're seriously thinking about this, talk to Suzuki dealers or banks now, compare their financing terms, and run the numbers yourself (deposit + total monthly payments). And if there’s a change in government policy or tax rates, that could shift everything.