ISLAMABAD: Bank Alfalah has introduced a very attractive and convenient financing plan for its customers, under which the purchase of Honda bikes is now possible on easy installments, that too with a complete zero percent markup.
The new offer has been introduced for a limited period and is aimed at making the popular Honda bikes more accessible to the general public.
According to Bank Alfalah, this scheme has been specially designed for those customers who want to get their Honda bike of choice in easy monthly installments instead of paying the full amount at once. Payment under this plan will be possible only through Bank Alfalah credit cards, while customers can choose installments with different tenors as per their convenience.
The financing offer includes three popular Honda motorcycles, including
Honda CD 70, Honda CG 125 and Honda CG 150.
According to the bank, the monthly installment for the CD 70 is Rs 26,650, for the CG 125 Rs 39,750 and for the CG 150 Rs 76,650.
Although the scheme offers a completely interest-free (Zero Markup) facility, customers will have to pay processing fees and Federal Excise Duty (FED).
The bank has clarified that the offer is limited to select models only and their availability will be subject to stock availability, so customers are advised to apply as soon as possible.
Bank Alfalah further said that if a customer wants complete details or guidance on booking a bike, he can contact the bank’s helpline number 111225111-021. The bank says that this offer is not only for a limited period but specific terms and conditions will also apply to it.
Motorcycle market experts say that in the current economic climate, interest-free installments can be a great convenience for consumers, especially for those who cannot afford to pay a lump sum due to inflation. This offer is not only expected to increase motorcycle sales but will also give consumers easy access to Honda models of their choice.
This new scheme by Bank Alfalah is undoubtedly a good opportunity for those who are looking to buy a Honda motorcycle even on a low budget. However, consumers are advised to be fully aware of all the terms and conditions before applying.
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