ISLAMABAD: Motorcyclists lovers can now buy Atlas Honda’s popular CG 150 on easy instalments under Standard Chartered Bank‘s SC Asan scheme.
Good news for those looking to buy a motorcycle is that now it is not necessary to pay a huge amount at once to buy a new 150CC motorcycle.
Eligibility:
Under this scheme, eligible customers can buy the Honda CG 150 in instalments of 3, 6 or 12 months, while the bank is offering this facility at zero per cent markup. However, customers have to keep in mind that a one-time processing fee will be charged at the time of booking, in addition to which Federal Excise Duty (FED) may also be applicable separately according to the region.
According to the bank, the processing fee depends on the chosen tenor. A one-time fee of 1.99 per cent will be charged for 3 months, 5.99 per cent for a 6-month period and 11.99 per cent for 12 months.
The official price of the Honda CG 150 is Rs 459,900, while the net price after processing fees is Rs 450,999.
If a 3-month term is chosen, the monthly instalment will be approximately Rs 150,333; in case of 6 months, the instalment is Rs 75,167; while in case of 12 months, the monthly instalment is approximately Rs 37,583. However, the final amount may include FED and other regional taxes.
This facility is available only to traditional credit card holders of Standard Chartered Bank. For booking a motorcycle or for more information, customers can contact the 24-hour active helpline 021-111-002-002.
The bank and the company have clarified that all bookings will be subject to terms and conditions, while the final amount payable may vary due to taxes and regional charges. This move is being described as an important convenience for motorcycle users in the era of inflation.
Read also: Get Atlas Honda motorcycles in easy instalments with 0% mark-up
