Meezan Bank Apni Bike Financing Scheme 2024

Meezan Bank has launched a new scheme for their customers who don’t own some kind of two-wheeler vehicle. All the meezan bank customers can get motorcycles in installments under their scheme named Meezan Bank Apni Bike Financing. They will give your favorite motorcycle in 1,2,3 years installments according to your plan. Honda CD 70 2024 Model is now launched in pakistan on the starting rate of 157900 rupees.

Meezan Bank Apni Bike Scheme 2024

Meezan Bank will provide you bike according to the Musawamah in which buyers don’t know the price of goods or sellers do not tell buyers about the goods price. Meezan Bank offers you to choose the duration of installment and down payment for Meezan Apni Bike Scheme 2024.

How To Apply For Meezan Apni Bike Financing:

All the people who are willing to apply for the meezan apni bike scheme 2024 have to fill out the application form & attach the required documents and submit to the nearest meezan bank branch in which they have an account.

Age Limit:

Salary-dependent people age limit is 21 years to 60 years with a minimum Salary Of 40,000

For businessmen or self employed people age limit is 20 to 65 years with a minimum income of 75,000/-.

Who Can Apply For Meezan Apni Bike:

Only Pakistani Nationals Can avail of this offer.

Note: Minimum of 15% to a maximum of 50% Down Payment is required to get the bike.

Eligibility Criteria For 250cc Bike

Minimum Income Requirement is

Salaried Class – 150,000/- (Gross Salary)

Businessmen – 200,000/-

Down Payment: Minimum 30% of the cost of the vehicle and Maximum 50% of the cost of the vehicle

Debt Burden Ratio: Upto 40% of net monthly income /- (For Salaried and Businessmen)

Features of Meezan Bank Apni Bike Scheme

Mode of Financing: Musawammah

Ownership agreement: The ownership is transferred to the customer immediately after signing the delivery order by customer

Product Offering: All Honda, Suzuki, Yamaha, Super Power & Other Motorcycle variants

Facility Tenure: The scheme is available for 1, 2 & 3 years

Down Payment: Minimum 15% of the cost of the vehicle and Maximum 50% of the cost of the vehicle

Availability: Karachi, Lahore, Faisalabad, Peshawar, Rawalpindi, Islamabad, and other cities

Charges: Non-refundable processing fee of PKR 1,800/- will be charged whereas documentation charges will be charged at actual

Payment: Direct debit from customer’s Meezan Bank account

Early Termination: No early termination profit

Documents Required For Meezan Bank Apni Bike Scheme:

General Requirements

  • Copy of Applicant’s CNIC (Computerised National Identity Card)
  • One Passport-sized color photograph of the applicant
  • Declaration of Financing
  • Signature Verification Form

For Salaried Individuals

  • Original / Certified copy of Bank Statement (last 6 months)
  • Original / Certified copy of Pay Slip
  • Employer’s certificate including Tenor /Designation /Salary

For Businessmen / SEP

  • Original / Certified copy of Bank Statement (last 12 months)
  • 2 years Proof of Business (e.g. Tax return / Bank Certificate/ any other document)
CompanyModelDown Payment3 Months6 Months12 Months18 Months24 Months
HONDAHonda CD-7019,00029,61415,4458,3876,0574,910
Honda CD DREAM 7020,00031,59016.4768,9476,4625,237
Honda PRIDOR 10025,50040,37921,06011,4368,2596,695
Honda CG-12529,50047,29724.66813,3959,6747,841
Honda CG-125 Self35,00055,94529,17815,84411,4439,275
Honda CB125F SE44,50070,73436,89120,03314.46811,727
Honda CB 1S0F54,00086,79445,26724,58117,75314,390
Honda CB 1S0F SE55,00087,85345,81924,88117,97014,565
Super StarSS 70cc Xcellence Model11,50019,5009,7505,2493,7913,073
SS lOOcc Royal12,50021,00010,5005,6524.0823,309
Super PowerSP 70 CC DOLLAR12,50020,00010,2445,5634,0183,257
SP 70CC PREMIUM REGULAR WITH SELF START13,00020,56710,5335,7204,1313,348
70 CC TOKYO14,50023,33311,9536,4914.6883,800
SP 70CC DELUXE WITH SELF (ALLOYRIM)16,50027,00013,8347,5125,4264,398
SP 125CC REGULAR18,00028,50014,5967,9265,7254,640
SP 70CC PREMIUM WITH SELF START (ALLOYRIM)15,50025,33312,9807,0485,0914,126
Road PrinceRP-70CC PASSION11,50017,9669,3705,0883,6752,979
RP-70CC CLASSIC12,50019,64610,2465,5644,0193,257
RP-70CC PASSION PLUS13,00020,82510,8615,8984,2603,453
RP-100CC POWER PLUS12,50019,1389,9815,4203,9153,173
RP-110CC POWER PLUS13,00020,14710,5085,7064,1213,340
RP-12SCC REGULAR18,00028,20914,7127,9895,7704,677


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