ISLAMABAD: The rising prices of motorcycles in Pakistan have made it quite difficult for the common citizen to buy a new bike.
Considering this situation, Bank Alfalah has introduced a new interest-free installment scheme in collaboration with Atlas Honda. Through this scheme, customers will be able to get various Honda motorcycles on easy monthly installments.
According to Bank Alfalah, the aim of this scheme is to provide convenience to people who cannot pay a large amount at once. In the current era of inflation, bikes have become an important necessity for daily travel, which is why this scheme is being declared important for citizens.
Several popular Honda models have been included in this installment scheme. These include the Honda CD 70, Honda CG 125 and Honda CB 150F. These motorcycles are very popular across Pakistan due to their low fuel consumption, strong engine and better performance.
The price of the Honda CD 70 has been set at around Rs 159,900, while its monthly installment will be around Rs 26,650. Similarly, the price of the Honda CG 125 is around Rs 238,500 and its installment has been set at around Rs 39,750.
In addition, the price of the Honda CB 150F or CG 150 has been stated to be around Rs 459,900, while its monthly installment will be around Rs 76,650. According to the bank, the installment amount may change according to the selected plan and tenure. Customers can choose plans from 3 months to 36 months.
Bank Alfalah has clarified that this scheme is interest-free, however, customers will have to pay processing fees and government taxes. The supply of the motorcycle will be subject to stock availability, while this offer is for a limited period.
Those wishing to benefit from the scheme can apply through Bank Alfalah branches, credit cards, helpline, digital platforms or approved Honda dealerships. Once the application is approved, the customers will be provided with a motorcycle in a convenient manner.
