Honda CD 70 Instalment Plan for May 2023

Bikes in PakistanHonda CD 70 Instalment Plan for May 2023

Honda CD 70 instalment plan

Honda CD 70 is everyone’s choice for a durable and cost-efficient commuting ride for everyday purposes. Yet, the prices have risen so high that it is out of reach for Pakistan’s lower and middle classes. Therefore, many banks are resorting to providing Honda CD 70 instalment plans

Honda CD 70 Overview

Honda CD 70 instalment plan

Honda CD 70 is a 70cc two-wheeler with a smoke-free OHC 4 Stroke engine. It was initially launched in Pakistan in 1984 by Atlas Honda. Soon enough, it gained popularity among the public due to its durability and impressive fuel efficiency. It has an average backbone-type design that is functional in Pakistani traffic. Honda CD 70 has a 4-speed manual transmission. Its fuel tank capacity is 8.5 litres. 

Meezan Bank is one of the best banks in Pakistan that provide financial services to the public. It gives 1-year to 3 years instalment plans in its Apni Bike scheme. It is a Shariah-compliant vehicle financing scheme to help customers improve their purchasing power. 

Honda CD 70 Instalment Plan

Honda CD 70 instalment plan

Meezan Bank offers 12 months, 24 months, and 36 months Honda CD 70 instalment plans with different down payments. Every applicant has to pay a compulsory down payment of PKR 1,800 as a processing fee. 

Here is the complete detail of the two-year Honda CD 70 instalment plan.

EquityBike PriceDown Payment+ Processing FeeTotal UpfrontMonthly Instalment
15%PKR 154,9001,800+ 18,735PKR 20,535PKR 6,213
20%PKR 154,9001,800+ 24,980PKR 26,780PKR 5,847
25%PKR 154,9001,800+ 31,225PKR 33,025PKR 5,482
30%PKR 154,9001,800+ 37,470PKR 39,270PKR 5,116
35%PKR 154,9001,800+ 43,715PKR 45,515PKR 4,751
40%PKR 154,9001,800+ 49,960PKR 51,760PKR 4,385
45%PKR 154,9001,800+ 56,205PKR 58,005PKR 4,020
50%PKR 154,9001,800+ 62,450PKR 64,250PKR 3,654

More about Meezan Bank Apni Bike Financing

  • Mode of Financing : Musawammah
  • Ownership: The ownership is transferred to the customer immediately after signing the delivery order by the customer.
  • Product Offering: All Honda, Suzuki, Yamaha, Super Power & Other Motorcycle variants
  • Facility Tenure: The scheme is available for 1, 2 & 3 years
  • Down Payment: Minimum 15% of the cost of the vehicle and Maximum 50% of the price of the car.
  • Facility Available in Karachi, Lahore, Faisalabad, Peshawar, Rawalpindi, Islamabad and other cities
  • Processing and / Documentation Charges: Non-refundable processing fee of PKR 1,800/- will be charged, whereas documentation charges will be charged at the actual.
  • Mode of Payment: Direct debit from the customer’s Meezan Bank account.
  • Early Termination: No early termination profit.
Duaa Naeem
Duaa Naeem
Dua is a seasoned writer who loves to write on Pakistani Entertainment and Infotainment while having her Masters in English literature

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