Honda CG 125 Instalment Plans with Meezan Bank 2023 | Honda Price March 2023

Jahangir Siddiqui & Company Limited and the Randeree family came up with the revolutionary idea for BankIslami in late 2003. On March 16, 2004, Mr. Hasan A. Bilgrami was chosen to serve as the sponsors’ advisor. On March 24, 2004, he presented the BankIslami concept paper to sponsors. After that, a thorough business plan was created, and on May 26, 2004, a formal application was made to the State Bank of Pakistan. Dubai Bank invested 18.75% of the total Capital on September 26, 2005, joining the Sponsors and becoming one of the original shareholders of BankIslami.

One of Pakistan’s top Islamic banks, BankIslami Pakistan Ltd, started operations in April 2006 with the goal of becoming the premier Islamic bank. It provides a comprehensive range of holistically designed products with its extensive retail banking network, which consists of about 330 branches across Pakistan, to better serve its customers.

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. Also, 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. You have to wait seven days for the application to be processed after finishing the process.

Below are three-year payment schedules for the Honda CG 125 with Meezan Bank at various equity levels.

EquityTotal Bike PriceDown Payment+ Processing FeeTotal upfrontMonthly Installment
15%194,90028,725 + 1,80030,5257,363
20%194,90040,1006,930
25%194,90047,875+ 1,80049,6756,497
30%194,90057,450+ 1,80059,2506,064
35%194,90067,025+ 1,80068,8255,631
40%194,90076,600 + 1,80078,4005,198
45%194,90087,9754,764
50%194,90095,750+ 1,80097,5504,331

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