Discover the thrill of owning a Honda motorcycle in Pakistan with the flexibility of simple investment plans. Thanks to institutions like JS Bank, MCB, Silk Bank, UBL, and Meezan Bank, who make it possible for people to get their dream lift. This blog post discusses the different bike on installments from banks, which make the journey to get a Honda motorcycle both thrilling and affordable.
JS Bank
Owning your dream ride is now easier than ever with JS Bike Financing. We offer installment-based bike finance solutions that make it simple to purchase a new electric vehicle (EV) motorcycle. Whether you’re seeking a bike loan or considering an installment plan, our competitive markup rates make us one of the best auto loan providers available. Let JS Bike Financing help you get behind the handlebars of your ideal motorcycle today!
Product Features:
- Processing Fee & Charges: As per the bank’s updated Schedule of Charges (SOC).
- Financing Amount: Minimum PKR 100,000 up to a maximum of PKR 3 million.
- Financing Tenure:
- Vehicles above 1000cc: 1 to 3 years.
- Vehicles under 1000cc: 1 to 5 years.
- Down Payment: As low as 30%.
- Co-Borrower, Insurance, and Tracker Facility.
Eligibility Criteria:
- Pakistani National
- Experience:
- Salaried Permanent Employees: Minimum 6-month employment.
- Age:
- Minimum 21 years.
- Maximum 60 years (at the completion of the financing tenure).
- Debt Burden: Capped at 40%.
- Monthly Income:
- Self-Employed/Businessman: Minimum average balance of Rs. 100,000 over the last six months.
- Salaried Permanent Employees: Minimum Rs. 50,000 per month net take-home salary.
- Additional Requirements: Satisfactory credit history of existing bank borrowings and financial ability to afford and repay the finance.
MCB
MCB offers a range of flexible installment plans catering to a variety of budgets and preferences. Their plans provide financing durations ranging from 3 to 36 months, with the added benefit of zero markup for the first 6 months. MCB’s nationwide coverage ensures that you can seamlessly receive your Honda bike at a nearby dealership, free of charge, making the process as convenient as possible.
- Investiture Duration Ranging from 3 to 36 months.
- 0 Mark- up Luxuriate in zero mark- up for the first 6 months.
- Nationwide Applicability MCB’s plans cover all metropolises across Pakistan.
- Free Delivery Seamlessly admit your Honda bike at the nearest dealership, free of charge.
Silk Bank’s Platinum birth
Silk Bank extends exclusive benefits to Platinum and Gold cardholders, providing tailored financing options. With plans available for 3 to 36 months and zero markup for the first 3 months, Silk Bank offers significant savings. The bank also ensures free nationwide delivery of your Honda bike, making it a straightforward and rewarding experience for their credit card customers.
- Investiture Duration Plans available for 3 to 36 months.
- 0 Mark- over Enjoy interest-free inaugurations for the original 3 months.
- Exclusive Access Limited gratuities for Platinum and Gold credit card holders.
- Free Delivery Just like MCB, Silk Bank ensures free delivery nationwide.
UBL’s Road to Accessibility
UBL’s financing solutions make it easier to own a Honda bike with plans that span 3 to 36 months and zero markup for the first 3 months. UBL’s commitment to nationwide delivery ensures that your new Honda bike will reach you no matter where you are in Pakistan, simplifying the ownership process.
- Investiture Duration Ranging from 3 to 36 months.
- 0 Mark- up Experience zero mark- up for the first 3 months.
- Nationwide Delivery UBL ensures free delivery of your Honda bike across Pakistan.
Meezan Bank’s Ijarah Financing
Meezan Bank offers a unique Islamic financing option with its Ijarah Financing plan. Available for 1 to 3 years, this plan includes Sharia-compliant insurance for your Honda bike and requires a modest down payment of 15%. Meezan Bank’s approach provides an alternative for those seeking financing in line with Islamic principles.
- Investiture Duration Plans available for 1 to 3 times.
- Islamic Insurance Your Honda bike is ensured under Sharia- biddable backing.
- Down Payment A modest 15 down payment demand.
Concluding Remarks
The availability of simple investment plans offered by JS Bank, MCB, Silk Bank, UBL, and Meezan Bank has created new opportunities for Pakistani motorcyclists to own their ideal Honda motorcycles. Make your ideal lift a reality by using these adaptable and easily obtainable blueprints. Take to the highways in elegance.
