Meezan Bank presents an innovative solution for motorcycle enthusiasts in Pakistan with its groundbreaking “Meezan Apni Bike Financing.” This unique offering is Pakistan’s pioneer Musawamah-based Motorcycle Financing Facility, designed to provide a Shariah-compliant means of purchasing your dream motorcycle. Let’s delve into the key features and benefits of this exciting opportunity.
Shariah-Compliant Financing Mode: Musawamah
Meezan Apni Bike Financing operates on the principles of Musawamah, an Islamic financing mode that respects both the customer’s needs and Shariah compliance. In this arrangement, the bank acquires the motorcycle from the market and then sells it to the customer through convenient monthly installments, all within the tenets of Shariah.
Instalment Plans 📊
| Tenure | Down Payment | Monthly Instalment |
|---|---|---|
| 1 Year | 15-50% | Affordable |
| 2 Years | 15-50% | Flexi-Pay |
| 3 Years | 15-50% | Easy on Pocket |
Key Features & Benefits
- Financing Mode: Musawamah – Purely Shariah-compliant!
- Instant Ownership: The bike is yours right after signing the delivery order!
- Wide Range: Choose from Honda, Suzuki, Yamaha, Super Power, and more!
- Flexible Tenure: Select a tenure of 1, 2, or 3 years for repayment.
- Low Down Payment: Contribute just 15% to 50% of the vehicle’s cost.
- Nationwide Availability: Accessible in major cities across Pakistan.
- Transparent Charges: Know the costs upfront for a transparent experience.
- Easy Payments: Monthly installments via direct debit from your Meezan Bank account.
- Early Settlement: No penalties for early repayment.
Application Process
To embark on this journey, complete the customer application form available at selected branches. Attach the required documents, and your financing approval will be processed in 5-7 working days. Once approved, your chosen motorcycle will be made available as per the manufacturer’s schedule.
Required Documents for Application
For Salaried Individuals:
- Copy of CNIC (Computerised National Identity Card)
- Passport-sized color photograph
- Bank statement (last 6 months)
- Pay slip
- Employer’s certificate
For Businessmen / Self-Employed Professionals (SEP):
- Copy of CNIC
- Passport-sized color photograph
- Bank statement (last 12 months)
- Proof of business (e.g., tax return, bank certificate)
Meezan Apni Bike Financing redefines how you can own the motorcycle of your dreams while staying true to your Islamic beliefs. With Musawamah-based financing, easy installment plans, and a variety of bike options, your journey to two-wheeled freedom starts here. Embark on the road of financial convenience and Shariah compliance with Meezan Bank’s Apni Bike Financing.
