Meezan Bank offers Meezan Apni Bike, a financing facility for motorcycles! You can buy a motorcycle of your choice through Meezan Apni Bike in easy monthly installments.
Meezan Apni Bike provides the opportunity to acquire a motorcycle through Islamic financing known as Musawamah. In this mode of financing, the seller doesn’t reveal the cost of acquiring the goods. It’s designed for those seeking Shariah-compliant bike financing with convenient monthly payments and a range of additional benefits.
Meezan Apni Bike Financing operates on the Musawamah principle, where the Bank buys the vehicle from the market and sells it to the customer through agreed-upon monthly installments, spread across the chosen duration of the arrangement.
Key Features & Benefits
- Mode of Financing : Musawammah
- Ownership : The ownership is transferred to the customer immediately after signing 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 cost of the vehicle and Maximum 50% of cost of the vehicle
- Facility Available in : Karachi, Lahore, Faisalabad, Peshawar, Rawalpindi, Islamabad and other cities
- Processing and / Documentation Charges : Non-refundable processing fee of PKR 1,800/- will be charged whereas documentation charges will be charged at actual
- Mode of Payment : Direct debit from customer’s Meezan Bank account
- Early Termination : No early termination profit
Required Documents
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
Required Documents
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
Mjhy Honda CD 70 Bike chahye.