Bank Alfalah introduces 0% down payment ‘Personal Loan’ for E-bikes

Bank Alfalah 'Personal Loan' is introduced to offer customised financing solutions without collateral, letting you pay back in easy monthly instalments
An undated image of Revoo electric bike. — Revoo
An undated image of Revoo electric bike. — Revoo

Purchasing an electric bike (E-bike) has never been easier, but to resolve this problem, Bank Alfalah has introduced a “Personal Loan” initiative for E-bikes. You will be able to purchase an electric bike with zero down payments and no waiting list,

The Bank Alfalah “Personal Loan” is introduced to offer customised financing solutions without collateral, letting you pay back in easy monthly instalments. This flexibility results that individuals can achieve their goals, such as purchasing an E-Bike, with less financial strain.

Read more: eTurbo Motors unveils fastest, most economical electric motorcycles in Pakistan

Gadinsider has compiled details of Bank Alfalah's “Personal Loan” plan.

  1. Financing range: Beginning from Rs50,000 up to Rs3 million.
  2. Flexible period: Select repayment terms between 1 to 4 years.
  3. Collateral-free: No requirement for security or collateral.
  4. Competitive pricing options: Select fixed or variable pricing to best suit your financial plan.

Bank Alfalah’s E-bike financing programme is a smart option for individuals searching to reduce their environmental impact without compromising on convenience. Meanwhile, it is important to note that terms and conditions do apply in this programme introduced by Bank Alfalah.