0% Markup Offer on Canon Heaters and Water Heaters
Bank Alfalah has launched a winter offer for its credit card customers, allowing them to buy selected Canon heaters and water heaters on easy monthly installments with 0 percent markup. The deal is designed to help households manage winter expenses by spreading payments over several months instead of paying the full price upfront.
Under this offer, customers can choose from a range of Canon electric water heaters, instant gas water heaters and a gas room heater model. The products are available on multiple tenures, with options going up to 36 months, making it easier for families to match their monthly budget and cash flow.
The bank has highlighted that all installments under this campaign are charged at 0 percent markup, with a one-time processing fee applied based on the chosen tenure. Free home delivery is also available for selected products, adding to the convenience for customers.
Easy Monthly Installments Starting from Rs. 470
One of the most attractive parts of the offer is the gas room heater option, which can be purchased for as low as Rs. 470 per month on a 36-month plan. This makes it possible for customers to add a new heater to their home without a heavy immediate payment, while still benefiting from reliable heating during the coldest weeks of winter.
Alongside the room heater, the Canon line-up includes multiple storage and instant water heaters with different tank capacities and features. Customers can choose shorter tenures such as three, six, nine or 12 months if they prefer to pay off the product more quickly, or opt for longer tenures of 18, 24 or 36 months to keep monthly payments lower.
The structured installment options and 0 percent markup give cardholders flexibility to equip their homes with both space heating and hot water solutions, without needing to dip into savings or take separate consumer loans at higher interest rates.
Canon Heater and Water Heater Installment Plan (Bank Alfalah)
The table below shows the product-wise price and indicative monthly installment for each available tenure, along with the one-time processing fee percentage charged at the start of the plan.
| Product / Model | Price | 3 months | 6 months | 9 months | 12 months | 18 months | 24 months | 36 months |
| Processing Fee | 2.50% | 5.00% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | |
| Canon Electric Water Heater EWT-30 | Rs. 25,400 | Rs. 8,467 | Rs. 4,233 | Rs. 3,318 | Rs. 2,612 | Rs. 1,908 | Rs. 1,556 | Rs. 1,206 |
| Canon Electric Water Heater EWT-50 | Rs. 27,400 | Rs. 9,133 | Rs. 4,567 | Rs. 3,579 | Rs. 2,818 | Rs. 2,058 | Rs. 1,679 | Rs. 1,301 |
| Canon Instant Gas Water Heater INS-16DD | Rs. 22,900 | Rs. 7,633 | Rs. 3,817 | Rs. 2,991 | Rs. 2,355 | Rs. 1,720 | Rs. 1,403 | Rs. 1,088 |
| Canon Instant Gas Water Heater INS-18DD | Rs. 29,400 | Rs. 9,800 | Rs. 4,900 | Rs. 3,840 | Rs. 3,024 | Rs. 2,208 | Rs. 1,801 | Rs. 1,396 |
| Canon Instant Gas Water Heater INS-20DD | Rs. 34,400 | Rs. 11,467 | Rs. 5,733 | Rs. 4,493 | Rs. 3,538 | Rs. 2,584 | Rs. 2,108 | Rs. 1,634 |
| Canon Instant Gas Water Heater INS-24DD | Rs. 37,400 | Rs. 12,467 | Rs. 6,233 | Rs. 4,885 | Rs. 3,846 | Rs. 2,809 | Rs. 2,292 | Rs. 1,776 |
| Canon Constant Temperature Gas Water Heater INS-20 QHW | Rs. 45,400 | Rs. 15,133 | Rs. 7,567 | Rs. 5,930 | Rs. 4,669 | Rs. 3,410 | Rs. 2,782 | Rs. 2,156 |
| Gas Room Heater (1 big plate, auto ignition) 152-A | Rs. 9,900 | Rs. 3,300 | Rs. 1,650 | Rs. 1,293 | Rs. 1,018 | Rs. 744 | Rs. 607 | Rs. 470 |
Eligibility, Cities Covered and How to Apply
This limited-time offer is available to Bank Alfalah credit card holders in selected cities. Customers should confirm city-wise availability and stock position at the time of booking, as product models and delivery timelines may vary by location.
To apply, interested customers can call the Bank Alfalah helpline at 021-111-225-111 to get product details and request an installment booking. They can also visit the nearest Bank Alfalah branch for more information on eligibility and documentation.
Once the booking is processed, the price of the selected Canon heater or water heater is converted into equal monthly installments according to the chosen tenure. The installment is then reflected on the monthly credit card statement, while the one-time processing fee is charged separately as per the schedule shown in the table.
Why This Heater Deal Matters in a Longer, Colder Winter
Weather conditions this season have remained unusually persistent, with forecasts suggesting that the cold spell could stretch longer than usual and intensify after mid-January. Reports have already pointed to rain and snowfall in Murree and the Galliyat, while temperatures have dipped sharply across many other regions, including Karachi, which has recorded some of its coldest nights of the season.
In this context, affordable access to room heaters and reliable hot water can make a significant difference for households, especially those with children, elderly family members or people who work from home. By offering Canon heaters and water heaters on 0 percent markup with flexible tenures, Bank Alfalah is presenting this campaign as a practical way for customers to stay warm without putting sudden pressure on their finances.
Customers considering this offer should compare different tenures, estimate their monthly capacity and select a plan that keeps payments manageable while still meeting their heating needs.
