Bikes pricing is getting out of hand. Honda has dropped several price bombs on the buyers that the price of the most-sold Honda CD 70 is now PKR 149,900. So, the masses can’t purchase a new bike in cash. To give some relief to the buyers, Meezan Bank provides Honda CD 70 Instalment plan 2023 so they can easily buy the bike by paying easy and feasible monthly instalments.
Honda CD 70 Overview
Honda CD 70 has a 4-stroke OHC air-cooling single cylinder. It is a 70cc bike with a mainstream backbone structure that easily makes its way through all the terrains and traffic. It has a 4-speed transmission. CD 70’s fuel capacity is 8.5 litres with an efficient fuel average.
Further specifications that Honda CD 70 has are self-start/kick start, front and rear drum brakes, and a comfortable seat. Honda CD 70 price in Pakistan is Rs. 149,900.
Honda CD 70 Instalment Plan
Meezan Bank offers feasible instalment plans for the convenience of the buyers. It helps boost their purchasing power because, during these challenging times, it is impossible to get everything in cash. So, the buyers can purchase on easy monthly rentals with Meezan Bank’s Apni Bike, a Riba-free Financing scheme.
For Honda CD 70, it offers a 15% to 50% down payment plan for 1 to 3 years. Meezan Bank has an Apni Bike calculator on its official website where you can get information about instalment plans for every bike. Here is a Honda CD 70 Instalment plan for two years duration with different down payments.
Equity | Bike Price | Down Payment+ Processing Fee | Total Upfront | Monthly Instalment |
15% | PKR 149,900 | 1,800+ 18735 | 20,535 | 6,213 |
20% | PKR 149,900 | 1800+ 24,980 | 26,780 | 5,847 |
25% | PKR 149,900 | 1800+ 31,225 | 33,025 | 5,482 |
30% | PKR 149,900 | 1,800+ 37,470 | 39,270 | 5,116 |
35% | PKR 149,900 | 1,800+ 43,715 | 45,515 | 4,751 |
40% | PKR 149,900 | 1,800+ 49,960 | 51,760 | 4,385 |
45% | PKR 149,900 | 1,800+ 56,205 | 58,005 | 4,020 |
50% | PKR 149,900 | 1,800+ 62,450 | 64,250 | 3,654 |
These are the details of the Honda CD 70 instalment plan for two years. For further information, you can visit their official website to learn more about one-year and three years programs. Moreover, the details are subject to change due to price variation. So, the instalment plan will be affected by the current prices. It is better to visit the bank personally as bike prices have continuously changed for the past months.