Bank Alfalah has introduced an interest-free instalment scheme for selected Honda motorcycles, allowing credit cardholders across Pakistan to buy bikes without paying any markup.
The financing is available under the “Step-By-Step” programme, which the Bank Alfalah has launched in partnership with Atlas Honda, one of the largest motorcycle manufacturers in the country.
Credit Cardholders can choose between three-month and six-month repayment plans, both of which carry zero percent markup on the total purchase price of eligible motorcycles.
The scheme covers three widely used Honda models, including the CD 70, the CG 125, and the CB150F, which are popular choices among daily commuters in Pakistan.
Instalment Breakdown
The Honda CD 70, priced at Rs159,900, is available on monthly instalments beginning at Rs26,650 under the zero-markup financing option offered by Bank Alfalah.
The Honda CG 125 carries a price of Rs238,500, with monthly instalment payments starting from Rs39,750 for eligible Bank Alfalah credit cardholders under this plan.
The Honda CB150F, priced at Rs459,900, is available with monthly instalments starting at Rs76,650 under the three-month and six-month zero-markup repayment options.
Terms and Conditions
Bank Alfalah has confirmed that longer repayment tenures of up to 36 months are available, though those plans will carry a small additional markup charge for customers.
A one-time processing fee between 2.5 and 5 percent applies to all applications, with the exact rate depending on the repayment tenure selected by the cardholder.
The financing amount must fall within the customer’s available credit card limit, and the complete delivery process through Atlas Honda dealerships is expected to take 28 working days.
How to Apply
Customers can submit financing requests through the AlfaMall platform, the Alfa mobile application, or by calling the Bank Alfalah helpline at 021-111-225-111 for direct assistance.
Applicants may also visit any Bank Alfalah branch in person to receive further guidance and complete the necessary steps for motorcycle financing under the SBS programme.
