In the wake of skyrocketing fuel prices over the past year, many motorists in Pakistan have been searching for viable alternatives to petrol-powered vehicles. The exorbitant costs associated with traditional transportation options have prompted individuals to explore more sustainable and cost-effective means of commuting.
Recognizing this emerging trend, Meezan Bank has taken a proactive step by introducing an innovative installment plan for electric bikes (e-Bikes).
This groundbreaking offer not only aims to compete with other bike manufacturers but also provides an enticing solution to address the challenges faced by consumers in the current economic climate.
The Benefits and Conditions of Meezan Bank's Installment Plan
Meezan Bank's installment plan for electric bikes is designed to cater to the specific needs and preferences of its customers. Here are the notable benefits and conditions that make this offer stand out:
Exclusive for Meezan Bank Debit and Credit Card Holders
To avail of this installment plan, individuals must be Meezan Bank debit or credit card holders. This exclusivity ensures that customers can take advantage of the convenient financing options provided by the bank, fostering a seamless and hassle-free experience.
Flexible Financing Period
Meezan Bank understands that each customer's financial circumstances may vary. Therefore, the installment plan offers a flexible financing period of up to two years. This allows individuals to choose a repayment timeline that best suits their budgetary constraints, ensuring affordability and ease of payment.
Manageable Downpayment Options
In order to facilitate ownership, Meezan Bank's installment plan requires a downpayment. Customers have the flexibility to make a downpayment ranging from a minimum of 15% to a maximum of 50% of the bike's total cost.
This ensures that individuals can adjust their initial payment according to their financial capabilities, granting them the freedom to plan their expenses accordingly.
Low Monthly Installments
One of the most attractive features of Meezan Bank's installment plan is the affordability it offers. With monthly installments as low as Rs. 7,461, customers can conveniently repay their bike's cost over time without straining their finances.
This accessibility makes electric bikes an enticing option for a wider range of consumers, encouraging their adoption and contributing to a greener and more sustainable future.
Minimal Processing Fee
To facilitate the installment plan, Meezan Bank charges a non-refundable processing fee of Rs. 1,800. This fee covers the administrative costs associated with setting up the financing arrangement and ensures the smooth processing of applications. While this fee is non-negotiable, it remains a nominal charge when considering the overall benefits and convenience of the plan.
Immediate Ownership Transfer
Upon successful completion of the installment plan, customers are entitled to an immediate transfer of ownership. This means that individuals can enjoy the freedom and flexibility of owning their electric bike outright, without any further formalities or delays. Meezan Bank's commitment to providing efficient service ensures a seamless transition of ownership, enabling customers to embrace the benefits of e-Bikes without any unnecessary complications.
Meezan Bank presents the Apni Bike scheme, a game-changing initiative that allows individuals to own their dream bikes from renowned manufacturers such as Honda, Suzuki, Yamaha, and Chinese motorcycle brands. With flexible installment plans ranging from one to three years, Meezan Bank offers a hassle-free and convenient way for motorcycle enthusiasts to turn their aspirations into reality. Whether you're looking for a 70cc, 100cc, or 125cc bike, Meezan Bank has tailored financing options to suit your needs.
Requirements for the Apni Bike Installment Plan
Meezan Bank's Apni Bike scheme provides an attractive three-year (36 months) installment plan for popular models such as the Honda CD 70, Honda 100cc Pridor, Honda 125, Yamaha YBR 125, Suzuki 110, and Suzuki 150 bikes.
To avail of this offer, you must have an account with Meezan Bank, ensuring a seamless and efficient financing process. As part of the arrangement, the bank charges a non-refundable processing fee of 1,800 rupees.
Model: Honda CD-70
- Down Payment: 19,000
- 3 Months: 29,614
- 6 Months: 15,445
- 12 Months: 8,387
- 18 Months: 6,057
- 24 Months: 4,910
Model: Honda CD DREAM 70
- Down Payment: 20,000
- 3 Months: 31,590
- 6 Months: 16,476
- 12 Months: 8,947
- 18 Months: 6,462
- 24 Months: 5,237
Model: Honda PRIDOR 100
- Down Payment: 25,500
- 3 Months: 40,379
- 6 Months: 21,060
- 12 Months: 11,436
- 18 Months: 8,259
- 24 Months: 6,695
Model: Honda CG-125
- Down Payment: 29,500
- 3 Months: 47,297
- 6 Months: 24,668
- 12 Months: 13,395
- 18 Months: 9,674
- 24 Months: 7,841
Model: Honda CG-125 Self
- Down Payment: 35,000
- 3 Months: 55,945
- 6 Months: 29,178
- 12 Months: 15,844
- 18 Months: 11,443
- 24 Months: 9,275
Model: Honda CB125F SE
- Down Payment: 44,500
- 3 Months: 70,734
- 6 Months: 36,891
- 12 Months: 20,033
- 18 Months: 14,468
- 24 Months: 11,727
Model: Honda CB 150F
- Down Payment: 54,000
- 3 Months: 86,794
- 6 Months: 45,267
- 12 Months: 24,581
- 18 Months: 17,753
- 24 Months: 14,390
Model: Honda CB 150F SE
- Down Payment: 55,000
- 3 Months: 87,853
- 6 Months: 45,819
- 12 Months: 24,881
- 18 Months: 17,970
- 24 Months: 14,565
Model: Super Star SS 70cc Xcellence Model
- Down Payment: 11,500
- 3 Months: 19,500
- 6 Months: 9,750
- 12 Months: 5,249
- 18 Months: 3,791
- 24 Months: 3,073
Model: SS 100cc Royal
- Down Payment: 12,500
- 3 Months: 21,000
- 6 Months: 10,500
- 12 Months: 5,652
- 18 Months: 4,082
- 24 Months: 3,309
Model: Super Power SP 70 CC DOLLAR
- Down Payment: 12,500
- 3 Months: 20,000
- 6 Months: 10,244
- 12 Months: 5,563
- 18 Months: 4,018
- 24 Months: 3,257
Model: SP 70CC PREMIUM REGULAR WITH SELF START
- Down Payment: 13,000
- 3 Months: 20,567
- 6 Months: 10,533
- 12 Months: 5,720
- 18 Months: 4,131
- 24 Months: 3,348
Model: 70 CC TOKYO
- Down Payment: 14,500
- 3 Months: 23,333
- 6 Months: 11,953
- 12 Months: 6,491
- 18 Months: 4,688
- 24 Months: 3,800
Model: SP 70CC DELUXE WITH SELF (ALLOY RIM)
- Down Payment: 16,500
- 3 Months: 27,000
- 6 Months: 13,834
- 12 Months: 7,512
- 18 Months: 5,426
- 24 Months: 4,398
Model: SP 125CC REGULAR
- Down Payment: 18,000
- 3 Months: 28,500
- 6 Months: 14,596
- 12 Months: 7,926
- 18 Months: 5,725
- 24 Months: 4,640
Model: SP 70CC PREMIUM WITH SELF-START (ALLOY RIM)
- Down Payment: 15,500
- 3 Months: 25,333
- 6 Months: 12,980
- 12 Months: 7,048
- 18 Months: 5,091
- 24 Months: 4,126
Model: Road Prince 70CC PASSION
- Down Payment: 11,500
- 3 Months: 17,966
- 6 Months: 9,370
- 12 Months: 5,088
- 18 Months: 3,675
- 24 Months: 2,979
Model: Road Prince 70CC CLASSIC
- Down Payment: 12,500
- 3 Months: 19,646
- 6 Months: 10,246
- 12 Months: 5,564
- 18 Months: 4,019
- 24 Months: 3,257
Model: RP-70CC PASSION PLUS
- Down Payment: 13,000
- 3 Months: 20,825
- 6 Months: 10,861
- 12 Months: 5,898
- 18 Months: 4,260
- 24 Months: 3,453
Model: RP-100CC POWER PLUS
- Down Payment: 12,500
- 3 Months: 19,138
- 6 Months: 9,981
- 12 Months: 5,420
- 18 Months: 3,915
- 24 Months: 3,173
Model: RP-110CC POWER PLUS
- Down Payment: 13,000
- 3 Months: 20,147
- 6 Months: 10,508
- 12 Months: 5,706
- 18 Months: 4,121
- 24 Months: 3,340
Model: RP-125CC REGULAR
- Down Payment: 18,000
- 3 Months: 28,209
- 6 Months: 14,712
- 12 Months: 7,989
- 18 Months: 5,770
- 24 Months: 4,677
Meezan Bank Leading the Way in Financing Solutions
Meezan Bank's introduction of the installment plan for electric bikes showcases their commitment to providing innovative financing solutions that address the evolving needs of consumers.
By recognizing the surging demand for sustainable and cost-effective transportation options, Meezan Bank has positioned itself as a pioneer in the industry, setting a benchmark for other financial institutions to follow.
E-bikes are gradually gaining traction among the Pakistani population. While it is true that petrol-powered bikes still hold an advantage for longer journeys, the advantages of electric bikes cannot be overlooked.
With zero emissions and reduced dependency on fossil fuels, e-Bikes offer an eco-friendly alternative that aligns with global sustainability goals. Furthermore, the lower operating costs and minimal maintenance requirements make them an appealing choice for urban commuting and short-distance travel.
Meezan Bank's installment plan for electric bikes provides a timely and comprehensive solution to the challenges posed by rising fuel prices in Pakistan. With its exclusive benefits and customer-centric conditions, this innovative financing option has the potential to revolutionize the transportation landscape and contribute significantly to a more sustainable future.
By taking advantage of Meezan Bank's forward-thinking installment plan, customers can not only enjoy the benefits of electric bikes but also play a part in reducing their carbon footprint and embracing a greener way of commuting.
