Easy bike ownership plan launched by Bank Alfalah

KARACHI: Bank Alfalah has partnered with Atlas Honda to introduce a convenient 0% markup installment plan for popular motorcycle models under its “Step-By-Step” (SBS) program, making bike ownership more affordable for commuters across Pakistan.

Under the offer, Bank Alfalah credit cardholders can purchase selected Honda motorcycles through easy monthly installments without paying any interest on 3-month and 6-month plans. The initiative aims to reduce the financial burden on customers amid rising inflation and transportation costs.

The interest-free plan applies to several popular models, including the Honda CD 70, Honda CG 125, and Honda CB150F.

According to current market prices for May 2026, the installment details are as follows:

• Honda CD 70 priced at Rs159,900 with installments starting from Rs26,650
• Honda CG 125 priced at Rs238,500 with installments starting from Rs39,750
• Honda CB150F priced at Rs459,900 with installments starting from Rs76,650

The bank stated that while longer payment tenures of up to 36 months are available, those plans may include a small markup. Customers will also have to pay a one-time processing fee ranging between 2.5% and 5%, depending on the selected tenure and bank policy.

Officials said the financing request must fall within the customer’s available credit card limit. Once approved, the motorcycle will be delivered through designated Atlas Honda dealerships, with the complete process expected to take around 28 working days.

Interested customers can apply through the AlfaMall platform, the Alfa mobile app, or by contacting the Bank Alfalah helpline at 021-111-225-111. Customers may also visit any nearby Bank Alfalah branch for further assistance regarding the installment plan.