The Honda CD 70 remains a popular choice among Pakistani bike riders. From students to food delivery service, everyone riding this bike is a common sight. One of the most significant factors behind CD 70’s popularity is its durability, good fuel average, and economical maintenance.
With the rising costs of commodities in Pakistan, it is increasingly difficult for common citizens to purchase the new bikes. Its current price stands at Rs157,900 with a 4-Stroke OHC Air Cooled engine and 8.5 Liters (Reserve: 1.0 Liter) fuel capacity.
Fortunately, there are multiple installment plans with zero markup available for buyers that they can use in order to reduce the burden of lump sum amount.
Meezan Bank’s Installment plan for CD 70
Meezan Bank’s Apni Bike scheme offers its customers to purchase a motorcycle based on Islamic mode of financing. Installment plans are available for 1 to 3 years while the bike would be insured under Islamic insurance. Buyers can use this opportunity to get themselves a brand new bike with just 15% down payment with zero markup.
There is a Rs1800 non-refundable processing fees which will be charged to all customers. While the registration charges would be the same for buyers.
Interestingly, the ownership of the bike is immediately transferred to the buyer after signing delivery order by customer.
How to get register for Meezan Bike Financing?
Customers have to attain the required documents and fill out an application form. After submitting the form, the bank will approve your loan scheme in 5-7 working days.
What are the general required documents?
- CNIC copy of the applicant.
- A passport sized applicant’s photograph.
- Declaration of Financing
- Signature Verification Form
Eligibility Criteria
The applicant must be at least 20 years old at the time of submitting the application. The minimum income requirements for salaried individuals is Rs40,000, for self-employed individuals it is Rs75,000 and for businessmen it is Rs75,000.
Bank Alfalah installment plan for CD 70 in 2025
Bank Alfalah also offers its customers an easy installment scheme for multiple bikes.
However, the zero markup is only available in schemes with 3 months to 6 months installments. Bank Alfalah also charges 2.5% one time processing fees for applicants.
Here’s the updated table with the Markup row moved to the top and only showing 0% for the 3-month and 6-month plans:
| Model | Price (PKR) | 3 Months | 6 Months | 9 Months | 12 Months | 18 Months | 24 Months | 36 Months |
|---|---|---|---|---|---|---|---|---|
| Markup | 0% | 0% | ||||||
| Processing Fee | 2.50% | 5.00% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | |
| HONDA CD70 / RED | 157,900 | 52,633 | 26,317 | 20,465 | 16,081 | 11,696 | 9,506 | 7,319 |
| HONDA CD70 / BLACK | 157,900 | 52,633 | 26,317 | 20,465 | 16,081 | 11,696 | 9,506 | 7,319 |
| HONDA CG125 / RED | 234,900 | 78,300 | 39,150 | 30,445 | 23,922 | 17,399 | 14,141 | 10,888 |
| HONDA CG125 / BLACK | 234,900 | 78,300 | 39,150 | 30,445 | 23,922 | 17,399 | 14,141 | 10,888 |
