Honda has raised the price of their cars, making them unaffordable for the locals. It is tough for buyers in the middle class or lower class to purchase bikes with cash. They choose instalment plans as a result. The Honda CG 125 instalment plans with Meezan Bank for 2023 are described here.
The Honda CG 125 is currently available at Rs 194,900 for the base model. This brings the total closer to two lakh, which is a good sum to pay. As a result, many choose instalment plans to pay for a vehicle without breaking the bank.
Honda CG 125 Instalment Plans
One of Pakistan’s top banks, Meezan, offers assistance beyond automobile lending programmes. Customers can rent bikes from Meezan Bank without paying riba. Additionally, it has an Apni Bike programme that makes it simple for consumers to sign up for monthly payments and get bikes.
There are numerous payment plans available, each with a different equity level and term. One, two, or three-year programmes are available. The minimal down payment ranges from 15% to 50%. Major Pakistani cities including Lahore, Karachi, Islamabad, Rawalpindi, Peshawar, Faisalabad, Multan, and others have the service available. The Meezan Bank Apni Bike scheme application form must be turned in to the closest branch. then spend the PKR 1,800 required processing charge, which is not refundable.
| Equity | Total Bike Price | Down Payment+ Processing Fee | Total upfront | Monthly Installment |
| 15% | 194,900 | 28,725 + 1,800 | 30,525 | 7,363 |
| 20% | 194,900 | 38,300+ 1,800 | 40,100 | 6,930 |
| 25% | 194,900 | 47,875+ 1,800 | 49,675 | 6,497 |
| 30% | 194,900 | 57,450+ 1,800 | 59,250 | 6,064 |
| 35% | 194,900 | 67,025+ 1,800 | 68,825 | 5,631 |
| 40% | 194,900 | 76,600 + 1,800 | 78,400 | 5,198 |
| 45% | 194,900 | 86,175+ 1,800 | 87,975 | 4,764 |
| 50% | 194,900 | 95,750+ 1,800 | 97,550 | 4,331 |
