Honda CD 70 Latest Price and Installment Plan for March 2023

Bikes in PakistanHonda BikesHonda CD 70 Latest Price and Installment Plan for March 2023

 

Pakistan has never witnessed such a chaotic economic situation, with businesses going bankrupt and manufacturing plants shutting down left and right. The banking sector is working desperately to keep the buying power alive. Hence, banks are promoting Honda Cd 70 Installment Plans after the price hike in 2023. Due to high petroleum prices, people are resorting to motorbikes as a staple mode of transportation. Regarding the automotive industry, banks are collaborating with manufacturers to devise instalment schemes for motorbikes. Today we look at Honda CD 70 instalment plans in collaboration with Meezan Bank and Bank Alfalah.

   

Honda CD 70 Overview:

The Honda CD 70 has a 72cc engine displacement with a 4-stock single-cylinder OHC air-cooled engine powering it. It generates a maximum of 5.2 horsepower @ 7500 rpm and 5Nm of torque @ 500 rpm. CD 70 delivers maximum fuel economy and emits less smoke. It has a top speed of 97 kilometres per hour. It consists of 4-speed constant mesh transmission with multiple wet clutch plates with markings for gear range.

Honda CD 70’s fuel tank capacity is 8.5 (1.0 litres in reserve). It gives you an average mileage of 60 kilometres per litre. Although the new carburettor upgrades help get closer to the company’s claimed figures (70-75km/h).

Currently, Honda CD 70 is priced at PKR 137,900.

Honda CD 70 instalment plan

Honda CD 70 instalment plan: Meezan Bank

Meezan Apni Bike Financing works on the Shariah-compliant mode of Musawammah, under which the Bank purchases the vehicle from the market and sells it to the customer on mutually agreed easy monthly instalments, payable over the selected tenure of the facility. With a processing fee of PKR 1800, here is a breakdown of a few options concerning the down payment percentage:

Down Payment                              Down Payment                        Down Payment
Rs. 18,735 (15%)                          Rs. 37,470 (30%)                    Rs. 62,450 (50%)
Total Upfront                                 Total Upfront                           Total Upfront
Rs. 20,535                                    Rs. 39,270                              Rs. 64,250
MONTHLY PAYMENT                       MONTHLY PAYMENT                  MONTHLY PAYMENT
Number of Months                         Number of Months                    Number of Months
12                                               12                                           12
Monthly Installment                      Monthly Installment                  Monthly Installment
Rs. 10,613                                   Rs. 8,740                                 Rs. 6,243
For more details, be sure to visit Meezan Bank’s website.

Honda CD 70 instalment plan: Bank Alfalah

Bank Alfalah is offering instalment plans for Honda CD 70 and other manufacturers. The main highlight of their scheme is showing a 0% markup for up to 6 months instalment period. A processing fee of 2.5% will be charged, and the Bank will not be responsible for the motorbike registration.

Honda CD 70 Price for January 2023

Bank Alfalah has not given out any breakdown per se. You can always visit your nearest Bank Alfalah branch for more details.

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