- Honda CD 70 Dream price in Pakistan: Rs168,900 (March 2024).
- Meezan Bank provides installment plans for salaried individuals, self-employed persons, and businessmen.
- Minimum down payment required is 15% of the vehicle’s cost, with a maximum of 50%.
In a bid to cater to the growing demand for motorcycles in Pakistan, Meezan Bank has rolled out an enticing installment plan for the popular Honda CD 70 Dream, offering Riba-free financing options to customers. Priced at Rs168,900 as of March 2024, the Honda CD 70 Dream has captured the attention of motorcycle enthusiasts with its sporty design, exceptional fuel efficiency, and comfortable riding experience.
Installment Plans Offered by Meezan Bank
Minimum Income Requirements:
- Salaried individuals: Minimum gross salary of Rs40,000/-
- Self-employed individuals: Minimum income of Rs75,000/-
- Businessmen: Minimum income of Rs75,000/-
Debt Burden Ratio:
- 40% of net monthly income for all categories (salaried, self-employed, and businessmen)
Down Payment:
- Minimum 15% of the vehicle’s cost
- Maximum 50% of the vehicle’s cost
Payment Mode:
- Direct debit from customer’s Meezan Bank account
The installment plans are designed to accommodate a wide range of customers, ensuring accessibility and ease of ownership. With a focus on financial inclusivity and customer satisfaction, Meezan Bank’s Riba-free financing options for the Honda CD 70 Dream provide an attractive opportunity for motorcycle enthusiasts to own their dream bike without the burden of interest payments.
For individuals considering purchasing the Honda CD 70 Dream, Meezan Bank’s installment plans present a convenient and affordable way to turn that dream into reality. With competitive terms and flexible payment options, customers can enjoy the thrill of riding a stylish and efficient motorcycle while managing their finances responsibly.
Honda CD 70 Dream Installment Plans
| Category | Minimum Income Requirement | Debt Burden Ratio | Down Payment Requirement |
|---|---|---|---|
| Salaried | Rs40,000/- | 40% of net income | 15% to 50% of vehicle cost |
| Self-employed | Rs75,000/- | 40% of net income | 15% to 50% of vehicle cost |
| Businessmen | Rs75,000/- | 40% of net income | 15% to 50% of vehicle cost |
In conclusion, Meezan Bank’s installment plans for the Honda CD 70 Dream offer a seamless and transparent financing solution for motorcycle enthusiasts, aligning with the bank’s commitment to ethical and Sharia-compliant banking practices.
