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Honda Bike 2023 Meezan Bank Apni Bike Scheme 2023 Full Installment Policy

Honda Bike 2023 Meezan Bank Apni Bike Scheme 2023 Full Installment Policy

Honda Bike 2023 Meezan Apni Bike Scheme 2023 Full Installment Policy

Along with vehicles, Meezan Bank also leases motorcycles of All Pakistan Motorcycles Company.In today’s blog, I will give you complete information about the most popular models of Honda bikes from Meezan Bank, Honda CD 70, Honda 125 and Honda Prider 100, how to buy them under Meezan Bank’s bike scheme.

Meezan own bike financing
Pakistan’s first peer-to-peer motorcycle financing facility
Meezan Apna Bike offers you the opportunity to buy a bike based on Masauma’s Islamic financing mode. In equity financing, the seller does not disclose the price paid to manufacture or acquire the goods. It is ideal for individuals who want to avail Shariah-compliant bike financing in easy monthly installments, among many other features.

Meezan operates its bike financing on a Shariah compliant mode of financing, whereby the bank buys the bike from the market and sells it to the customer in mutually agreed upon easy monthly installments, payable over a selected period.

Key Features and Benefits

Mode of Financing: Equity
Ownership: Ownership is transferred to the customer immediately after the customer signs the delivery order.
Product offering : All Honda, Suzuki, Yamaha, Superpower and other types of motorcycles
Duration of facility: The scheme is available for 1, 2 and 3 years.
Leverage: Minimum 15% of bike price and maximum 50% of bike price
Facilities are available in: Karachi, Lahore, Faisalabad, Peshawar, Rawalpindi, Islamabad and other cities
Processing and / Documentation Charges: A non-refundable processing fee of Rs.1,800 will be charged while documentation charges will be charged at the same time.
Payment Method : Direct Debit from Customer’s Meezan Bank Account
Early termination: There is no profit on early termination

How is Meezan’s bike Shariah Compliant?

Meezan Apni Bike, designed under the supervision of Meezan Bank’s Shariah Board, is based on Masawmah – a Shariah compliant financing method.
Under this method, the bank buys the motorcycle from the market and subsequently sells it to the customer at a mutually agreed price paid in installments. Upon execution of the Contract of Sale, all ownership rights and responsibilities relating to the Motorcycle shall be vested in the User. However, the customer will be liable to pay the installments during the facility period.
How to get a bike through bike financing?To apply for your Meezan bike, fill the customer application form (available at selected branches), attach the required documents and get your financing approved within 5-7 days. After approval of asset financing, the selected bike will be available as per manufacturer’s specified period.

Required Documents

General requirements
Copy of Applicant’s Identity Card (Computerized National Identity Card)
One passport size color photograph of the applicant
Acknowledgment of financing
Signature Verification Form

Specific requirements

For salaried persons
Original / Certified Copy of Bank Statement (Last 6 Months)
Original/attested copy of pay slip
Employer’s certificate including tenure/designation/salary

Specific requirements

For Traders / SEP
Original / Certified Copy of Bank Statement (Last 12 Months)
2 years proof of business (eg tax return, bank certificate / any other document)

Who can avail Meezan own bike financing facility?

Adult, Pakistani citizen who is a permanent resident of the country

20 years to 65 years of age at maturity (business and self-employed professionals)

Age 21 years to 60 years at the time of maturity (salaried persons)

For Salaried Persons – Minimum Rs.40,000 (Gross Salary)

For Self-Employed Persons – Minimum Rs.75,000

For Entrepreneurs – Minimum Rs 75,000

40 percent of monthly income (for salaried, self-employed persons and entrepreneurs)

A minimum of 15% of the value of the bike and a maximum of 50% of the value of the bike

1, 2 and 3 years

Japanese Bike – Duration is 3 years

Chinese Bike – Duration is 2 years

Application Procedure

Fill the User Application Form (Available at any Branch)
Attach the required documents and submit your application along with Rs.1,800 (non-refundable processing fee).
Get your financing approved in five to seven days


Honda CD 70-2023 PKR 149,900/=

Technical Specifications

Engine4-Stroke OHC Air Cooled
Displacement72 cm3
Bore & Stroke47.0 x 41.4 mm
Compression Ratio9.3:1
ClutchMultiplate Wet Clutch
Transmission4 Speed Constant Mesh
StartingKick Start
FrameBackbone Type
Dimension(LxWxH)1897 x 751 x 1014 mm
Ground Clearance136 mm
Petrol Capacity8.5 Liters (Reserve: 1.0 Liter)
Tire at Front2.25 – 17 (4 PR)
Tire at Back2.50 – 17 (4 PR)
Dry Weight82kg

Honda CD-70 Lease Details

Down PaymentRs. 37,470 (30%)
Processing Fee
Rs. 1,800
Total Upfront
Rs. 39,270
Number of Months36
Monthly InstallmentRs. 3,955

Honda CG 125 (Special Edition) PKR 265,900/=

Technical Specifications

Engine4 Stroke 125cc OHV Air Cooled
Displacement124.1 cm3
Bore & Stroke56.5 x 49.5 mm
Compression Ratio9.0:1
Transmission5 Speed Constant Mesh
StarterSelf-Start/Kick Start
Final DriveRoller Chain
Dimension(LxWxH)1912 x 727 x 1029 mm
Seat Height765 mm
Ground Clearance133 mm
Petrol Capacity9.2 Liters (Reserve: 2 Liters)
Wheel Base1212 mm
Tire at Front2.50 – 18 (38P)
Tire at Back3.00 – 17  (50P)
Suspension at FrontTelescopic Fork 103mm Travel
Suspension at BackSwing Arm 70 mm Travel
Dry Weight108kg

Honda CG 125 (Special Edition) Lease Details

Down PaymentRs. 67,470 (30%)
Processing Fee

Rs. 1,800
Total Upfront

Rs. 69,270
Number of Months36
Monthly InstallmentRs. 7,122

Honda Pridor 100- PKR 197,900/=

Down PaymentRs. 49,650 (30%)
Processing Fee

Rs. 1,800
Total Upfront

Rs. 51,450
Number of Months36
Monthly InstallmentRs. 5,241

Technical Specifications

Engine4-Stroke OHC Air-Cooled
Displacement97.1 cm3
Bore & Stroke50.0 x 49.5 mm
Transmission4-Speed Constant Mesh
StartingKick Starter
Final DriveRoller Chain
Dimensions(LxWxH)1986 x 718 x 1050 mm
Seat Height798 mm
Ground Clearance156 mm
Fuel Tank Capacity9.7 Liters (Reserve 1.5 Liters)
Wheel Base1226 mm
Tire at Front2.75 – 18 (4 PR)
Tire at Back2.75 – 18 (6 PR)
Suspension at FrontTelescopic Fork 94 mm Travel
Suspension at BackSwing Arm 84 mm Travel
Dry Weight96kg

Honda Pridor 100 Lease Details

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