Honda CD 70 on Installments in Pakistan with Meezan Bank

Published on Jan 24, 2024 by

Honda CD 70 installment plan with Meezan Bank

Are you dreaming of owning a Honda CD 70 or any other motorcycle but hesitant about the financial burden? Meezan Bank’s bike on installment in Pakistan makes your dream a reality with its Shariah-compliant bike financing solutions. Our unique Meezan bike ijarah calculator simplifies the process, offering an easy and transparent way to own a Honda 70 in Pakistan. Here’s an overview of our Honda CD 70 installment plan and more.

1-Year Honda CD 70 Monthly Installments Plan with Meezan Bank

For those looking to own the popular Honda CD 70 through a convenient financing solution, Meezan Bank offers a comprehensive 1-year, 12-month installment plan. This plan is tailored for customers seeking a Honda CD 70 in instalments under the umbrella of Meezan Bank’s 0 markup installment plan bike and bike Ijarah calculator services. Let’s explore the different down payment options and their respective monthly payments for this sought-after motorcycle.

Honda CD 70 on Installments in Pakistan with Meezan Bank

Here is the calculator for the Honda CD 70 12-month installment plan with Meezan Bank:

Installment with 15% Down Payment

Details Values
Down Payment (%) 15%
Down Payment 23,685
Processing Fee 1,800
Total Upfront 25,485
Monthly Charges 13,417
Total Cost 186,489

Installment with 20% Down Payment

Details Values
Down Payment (%) 20%
Down Payment 31,580
Processing Fee 1,800
Total Upfront 33,380
Monthly Charges 12,627
Total Cost 185,104

Installment with 25% Down Payment

Details Values
Down Payment (%) 25%
Down Payment 39,475
Processing Fee 1,800
Total Upfront 41,275
Monthly Charges 11,838
Total Cost 183,719

Installment with 30% Down Payment

Details Values
Down Payment (%) 30%
Down Payment 47,370
Processing Fee 1,800
Total Upfront 49,170
Monthly Charges 11,049
Total Cost 182,334

Installment with 35% Down Payment

Details Values
Down Payment (%) 35%
Down Payment 55,265
Processing Fee 1,800
Total Upfront 57,065
Monthly Charges 10,260
Total Cost 180,949

Installment with 40% Down Payment

Details Values
Down Payment (%) 40%
Down Payment 63,160
Processing Fee 1,800
Total Upfront 64,960
Monthly Charges 9,470
Total Cost 179,564

Installment with 45% Down Payment

Details Values
Down Payment (%) 45%
Down Payment 71,055
Processing Fee 1,800
Total Upfront 72,855
Monthly Charges 8,681
Total Cost 178,179

Installment with 50% Down Payment

Details Values
Down Payment (%) 50%
Down Payment 78,950
Processing Fee 1,800
Total Upfront 80,750
Monthly Charges 7,892
Total Cost 176,794

2-Year Honda CD 70 Monthly Installments Plan with Meezan Bank

For those looking for a longer tenure to finance their dream bike, Meezan Bank offers a comprehensive 2-year, 24 months installment plan. This option is ideal for customers seeking an extended period for their Honda CD 70 installment or a more manageable motorcycle instalment plan. The Meezan bike ijarah and bike ijarah calculator extend their convenience to this 2-year plan, ensuring a smooth and Shariah-compliant process for a bike on installment in Pakistan.

Here is the calculator for the Honda CD 70 24-month installment plan with Meezan Bank:

Installment with 15% Down Payment

Details Values
Down Payment (%) 15%
Down Payment 23,685
Processing Fee 1,800
Total Upfront 25,485
Monthly Charges 7,854
Total Cost 214,161

Installment with 20% Down Payment

Details Values
Down Payment (%) 20%
Down Payment 31,580
Processing Fee 1,800
Total Upfront 33,380
Monthly Charges 7,392
Total Cost 211,368

Installment with 25% Down Payment

Details Values
Down Payment (%) 25%
Down Payment 39,475
Processing Fee 1,800
Total Upfront 41,275
Monthly Charges 6,930
Total Cost 208,575

Installment with 30% Down Payment

Details Values
Down Payment (%) 30%
Down Payment 47,370
Processing Fee 1,800
Total Upfront 49,170
Monthly Charges 6,468
Total Cost 205,782

Installment with 35% Down Payment

Details Values
Down Payment (%) 35%
Down Payment 55,265
Processing Fee 1,800
Total Upfront 57,065
Monthly Charges 6,006
Total Cost 202,989

Installment with 40% Down Payment

Details Values
Down Payment (%) 40%
Down Payment 63,160
Processing Fee 1,800
Total Upfront 64,960
Monthly Charges 5,544
Total Cost 200,196

Installment with 45% Down Payment

Details Values
Down Payment (%) 45%
Down Payment 71,055
Processing Fee 1,800
Total Upfront 72,855
Monthly Charges 5,082
Total Cost 197,403

Installment with 50% Down Payment

Details Values
Down Payment (%) 50%
Down Payment 78,950
Processing Fee 1,800
Total Upfront 80,750
Monthly Charges 4,620
Total Cost 194,610

3-Year Honda CD 70 Monthly Installments Plan with Meezan Bank

Meezan Bank further extends its flexible financing options with a 3-year, 36 months installment plan for the Honda CD 70. This plan is tailored for those who prefer an extended payment period, making it easier to manage finances while enjoying the benefits of owning a motorcycle. Utilize the Meezan bike ijarah and bike ijarah calculator for an effortless experience in acquiring your bike on installment in Pakistan.

Here is the calculator for the Honda CD 70 36-month installment plan with Meezan Bank:

Installment with 15% Down Payment

Details Values
Down Payment (%) 15%
Down Payment 23,685
Processing Fee 1,800
Total Upfront 25,485
Monthly Charges 6,071
Total Cost 242,041

Installment with 20% Down Payment

Details Values
Down Payment (%) 20%
Down Payment 31,580
Processing Fee 1,800
Total Upfront 33,380
Monthly Charges 5,714
Total Cost 238,736

Installment with 25% Down Payment

Details Values
Down Payment (%) 25%
Down Payment 39,475
Processing Fee 1,800
Total Upfront 41,275
Monthly Charges 5,357
Total Cost 235,431

Installment with 30% Down Payment

Details Values
Down Payment (%) 30%
Down Payment 47,370
Processing Fee 1,800
Total Upfront 49,170
Monthly Charges 5,000
Total Cost 232,126

Installment with 35% Down Payment

Details Values
Down Payment (%) 35%
Down Payment 55,265
Processing Fee 1,800
Total Upfront 57,065
Monthly Charges 4,643
Total Cost 228,821

Installment with 40% Down Payment

Details Values
Down Payment (%) 40%
Down Payment 63,160
Processing Fee 1,800
Total Upfront 64,960
Monthly Charges 4,286
Total Cost 225,516

Installment with 45% Down Payment

Details Values
Down Payment (%) 45%
Down Payment 71,055
Processing Fee 1,800
Total Upfront 72,855
Monthly Charges 3,929
Total Cost 222,211

Installment with 50% Down Payment

Details Values
Down Payment (%) 50%
Down Payment 78,950
Processing Fee 1,800
Total Upfront 80,750
Monthly Charges 3,571
Total Cost 218,906

Meezan Apni Bike Financing: A Shariah-Compliant Solution

Meezan Apni Bike Financing revolutionizes motorcycle ownership in Pakistan. Operating under the Musawammah mode, a Shariah-compliant financing method, we ensure ethical and hassle-free transactions. This plan is perfect for anyone looking for a 0 markup installment plan bike or Honda 70 on installments.

Honda CD 70 Installment Plans with Meezan Bank

Key Features & Benefits:

  1. Financing Mode: Musawammah
  2. Ownership Transfer: Immediate upon signing the delivery order
  3. Product Range: Includes all major brands like Honda, Suzuki, Yamaha
  4. Flexible Tenure: Options of 1, 2, and 3 years
  5. Down Payment: Minimum 15%, maximum 50% of the vehicle’s cost
  6. Available Cities: Karachi, Lahore, Faisalabad, and more
  7. Charges: PKR 1,800 non-refundable processing fee + actual documentation charges
  8. Payment Method: Direct debit from Meezan Bank account
  9. Early Termination: No additional profit for early closure

Shariah Compliance: Ensuring Ethical Financing

Our Meezan Bank Ijarah and Meezan Bank bike on installment plans are strictly Shariah-compliant and monitored by Pakistan’s dedicated Shariah Board. This ensures your bike loan from the bank aligns with ethical financing principles.

Ownership and Responsibilities

Upon agreement, the bank acquires the bike and sells it to you at a mutually agreed price. All rights and liabilities of the bike transfer to you, the customer, while you commit to the agreed installment payments.

Securing Your Bike Financing: A Step-by-Step Guide

  1. Application Process: Complete a customer application form at selected Meezan Bank branches.
  2. Documentation: Provide necessary personal and financial documents.
  3. Approval Time: Typically 5-7 working days.
  4. Bike Delivery: According to the manufacturer’s schedule.

Documentation Requirements:

  • General: CNIC copy, passport-sized photo, declaration of financing, signature verification
  • For Salaried Individuals: Bank statement (last 6 months), pay slip, employment certificate
  • For Businessmen/Self-Employed: Bank statement (last 12 months), proof of business (2 years)

Eligibility Criteria:

  • Age: 20-65 years (Businessmen/Self-Employed), 21-60 years (Salaried)
  • Income: Minimum PKR 40,000 (Salaried), PKR 75,000 (Self-Employed/Businessmen)
  • Debt Burden Ratio: 40% of net monthly income
  • Tenure: 1-3 years, varying with bike origin
  • Payment Mode: Direct debit from Meezan Bank account

Meezan Bank’s motorcycle installment plans make owning an Atlas Honda CD 70 bike easier than ever in Pakistan. With our transparent and Shariah-compliant process, you can embark on your journey with peace of mind.

Helpful Downloads: Application Form

Conclusion

We have meticulously detailed all the information regarding the 12, 24, and 36-month Honda CD 70 installment plans available through Meezan Bank. This comprehensive guide offers an extensive overview of various down payment options, monthly installments, and total costs associated with each plan. It is designed to assist you in making an informed decision about your motorcycle financing in a way that best suits your financial situation.

Important Notice: Please note that the prices and rates mentioned in these plans are subject to change based on market conditions and Meezan Bank’s policy. We recommend consulting with Meezan Bank directly or visiting their website for the most up-to-date information before making any financial commitments.

About the Author: Hamza Sarfraz

Hamza Sarfraz is a seasoned SEO and digital marketing expert based in Pakistan with 4 years of experience. Specializing in technology and health, he has a knack for simplifying complex topics into compelling narratives. Leveraging deep SEO insights, Hamza consistently delivers high-quality content that resonates with audiences and adds value to businesses. Discover more about him on his LinkedIn profile.

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