On the Suzuki Cultus installment plan Meezan Bank offers through Car Ijarah, the Suzuki Cultus VXR (Rs 40,89,490) costs about Rs 78,578 a month with the minimum 30% deposit over 5 years, including takaful and tracker. You pay Rs 12,26,847 deposit upfront and need a take-home salary of about Rs 1,57,200. On the same 5-year term, the VXL costs about Rs 78,192 (35% deposit) and the VXL AGS about Rs 82,050 (35% deposit).
Last updated: 6 November 2026 by Ahmed. Prices and rates checked on Meezan Bank’s website on 6 November 2026.
Try your own deposit and tenure in our free Meezan Bank Car Loan Calculator. It uses Meezan’s formula and price list and matched Meezan’s own figures to the rupee in our tests.
Want a Suzuki Cultus on installment from Meezan Bank in 2026? The Cultus has a 998cc engine, so Meezan allows up to 5 years. The VXR needs the standard 30% deposit, while the VXL and VXL AGS need 35% because no bank can finance more than Rs 30 lakh per person (SBP limit). The tables below show the price of each variant, the monthly rent for every deposit and tenure, the total cost and the salary you need.
Suzuki Cultus installment plan Meezan Bank: Every Deposit and Tenure (VXR)
Car price Rs 40,89,490. Monthly rent including takaful and tracker, at Meezan’s 15% profit rate. The lowest deposit allowed is 30%.
| Deposit | 1 year | 2 years | 3 years | 4 years | 5 years |
|---|---|---|---|---|---|
| 30% (Rs 12,26,847) | Rs 2,69,714 | Rs 1,49,880 | Rs 1,10,088 | Rs 90,323 | Rs 78,578 |
| 40% (Rs 16,35,796) | Rs 2,32,803 | Rs 1,30,052 | Rs 95,912 | Rs 78,941 | Rs 68,849 |
| 50% (Rs 20,44,745) | Rs 1,95,892 | Rs 1,10,223 | Rs 81,735 | Rs 67,560 | Rs 59,120 |
| 60% (Rs 24,53,694) | Rs 1,58,981 | Rs 90,395 | Rs 67,559 | Rs 56,178 | Rs 49,391 |
Each extra 10% deposit lowers the 5-year rent by about Rs 9,700 a month.
Suzuki Cultus Installment Plan Meezan Bank: All Variants
Minimum deposit for each variant and the rent over 3 and 5 years:
| Variant | Price | Minimum deposit | 3 years | 5 years |
|---|---|---|---|---|
| Suzuki Cultus VXR | Rs 40,89,490 | 30% (Rs 12,26,847) | Rs 1,10,088 | Rs 78,578 |
| Suzuki Cultus VXL | Rs 43,59,160 | 35% (Rs 15,25,706) | Rs 1,09,409 | Rs 78,192 |
| Suzuki Cultus VXL AGS | Rs 45,91,460 | 35% (Rs 16,07,011) | Rs 1,14,931 | Rs 82,050 |
What Makes Up the Cultus Installment
For the Suzuki Cultus VXR with a 30% deposit over 5 years:
| Part | Monthly |
|---|---|
| Rent for the car (15% profit) | Rs 68,102 |
| Takaful (Islamic insurance) | Rs 4,676 |
| Tracker | Rs 5,800 |
| Total | Rs 78,578 |
Tracker is Rs 5,800 a month because the car costs more than Rs 40 lakh. Takaful here follows Meezan’s calculator (about 1.5% of the price in year one). Meezan’s Car Ijarah page lists takaful at 1.99% with EFU or Adamjee, so your actual figure can be slightly higher.
Total Cost of a Suzuki Cultus on Meezan Car Ijarah
| Plan | Upfront | Total paid | Extra over cash price |
|---|---|---|---|
| VXR, 30% deposit, 5 years | Rs 12,31,255 | Rs 59,45,935 | Rs 18,56,445 |
| VXR, 30% deposit, 3 years | Rs 12,31,255 | Rs 51,94,423 | Rs 11,04,933 |
| VXR, 50% deposit, 5 years | Rs 20,49,153 | Rs 55,96,353 | Rs 15,06,863 |
| VXL AGS, 35% deposit, 5 years | Rs 16,11,419 | Rs 65,34,419 | Rs 19,42,959 |
Totals include the deposit, all rentals and the processing fee (Rs 3,800 + FED, about Rs 4,408). The “extra” also covers takaful and tracker, which you would pay for in some form even if you bought the car in cash.
Salary Needed for a Suzuki Cultus on Installment
For the Suzuki Cultus installment plan Meezan Bank needs your take-home pay to be at least twice the monthly rent (50% of your spouse’s income can be added), and all loan installments together within 40% of take-home pay.
| Plan | Monthly rent | Take-home needed |
|---|---|---|
| VXR, 30%, 5 years | Rs 78,578 | About Rs 1,57,200 |
| VXR, 40%, 5 years | Rs 68,849 | About Rs 1,37,700 |
| VXR, 50%, 5 years | Rs 59,120 | About Rs 1,18,200 |
| VXL AGS, 35%, 5 years | Rs 82,050 | About Rs 1,64,100 |
If your take-home pay is around Rs 1.2 to 1.4 lakh, a 50% to 60% deposit on the VXR (rent Rs 59,120 to Rs 49,391 over 5 years) is usually what makes the Cultus affordable.
Suzuki Cultus on Residual Value Ijarah
With Residual Value Ijarah you pay a lump sum at the end (or return the car) and get a lower rent. All Cultus variants qualify, because their minimum deposit (30% or 35%) is within the 30% to 50% Meezan allows on this plan.
| Variant and deposit | Tenure | Residual value | Monthly rent |
|---|---|---|---|
| VXR, 30% deposit | 3 years | 50% (about Rs 20,45,000) | Rs 64,766 |
| VXR, 30% deposit | 4 years | 50% (about Rs 20,45,000) | Rs 58,975 |
| VXR, 30% deposit | 5 years | 40% (about Rs 16,36,000) | Rs 60,110 |
| VXL AGS, 35% deposit | 5 years | 40% (about Rs 18,37,000) | Rs 61,315 |
These residual-value rents are our estimate using Meezan’s formula. Confirm the exact figure with your branch.
Suzuki Cultus Installment for Overseas Pakistanis
Through a Roshan Digital Account, Suzuki cars qualify. You can lease a Suzuki Cultus for up to 7 years from a 15% deposit (salaried; 25% for business owners) at 13.90% to 14.37%, and the Rs 30 lakh limit does not apply (up to Rs 1 crore):
| Variant and deposit | 3 years | 5 years | 7 years |
|---|---|---|---|
| VXR, 15% (Rs 6,13,424) | Rs 1,30,144 | Rs 91,987 | Rs 76,011 |
| VXR, 30% (Rs 12,26,847) | Rs 1,09,089 | Rs 77,598 | Rs 64,390 |
| VXL AGS, 15% (Rs 6,88,719) | Rs 1,45,406 | Rs 1,02,566 | Rs 84,629 |
| VXL AGS, 30% (Rs 13,77,438) | Rs 1,21,767 | Rs 86,411 | Rs 71,581 |
There is no processing fee for Roshan Digital customers, Residual Value Ijarah is not offered, and the car is delivered to a close relative in Pakistan. Details: Meezan Car Ijarah for overseas Pakistanis.
How to Get the Suzuki Cultus installment plan Meezan Bank Offers
- Check your figure in the calculator and make sure your take-home pay is at least twice the rent.
- Visit a Meezan branch with your CNIC, latest pay slip or business proof, and 6 months’ bank statements.
- Pay the security deposit and processing fee once approved (Meezan says 1 to 7 working days).
- Meezan books the car with Pak Suzuki. Your rent starts after delivery.
FAQ
What is the Suzuki Cultus installment plan Meezan Bank offers for 5 years?
About Rs 78,578 a month for the Cultus VXR with a 30% deposit (Rs 12,26,847), including takaful and tracker. With a 50% deposit it falls to about Rs 59,120.
What is the minimum down payment for a Suzuki Cultus on Meezan Bank?
30% for the Cultus VXR (Rs 12,26,847) and 35% for the VXL (Rs 15,25,706) and VXL AGS (Rs 16,07,011), because banks cannot finance more than Rs 30 lakh per person. Add a processing fee of about Rs 4,408.
Can I get a Suzuki Cultus for 5 years on Meezan Bank?
Yes. The Cultus has a 998cc engine, and Meezan allows up to 5 years for cars up to 1000cc. Overseas Pakistanis with a Roshan Digital Account can go up to 7 years.
Is the Suzuki Cultus installment fixed?
Yes. Car Ijarah uses a fixed profit rate, so your rent stays the same for the whole lease unless takaful changes at renewal.
Which Suzuki Cultus variant is best on installment?
The VXR is the cheapest at Rs 78,578 a month over 5 years with the lowest deposit. The VXL costs about the same monthly (Rs 78,192) but needs a 35% deposit, and the automatic VXL AGS costs Rs 82,050 a month.
Related Guides
- Meezan Bank Car Loan Calculator
- Meezan Bank car installment plan for every model
- Meezan Car Ijarah 2026: rates, deposit and eligibility
- Meezan Car Ijarah vs conventional car loan
- Meezan Car Ijarah for overseas Pakistanis (Roshan Digital Account)
- Suzuki Alto installment plan on Meezan Bank
- Toyota Yaris installment plan on Meezan Bank
- Honda City installment plan on Meezan Bank
- Toyota Corolla installment plan on Meezan Bank