Meezan Bank must take advantage of the crippling automobile’s lack of benefits and provide electric bike payment plans. The best petrol-powered bike substitute is an electric bike. There was no other choice but to switch to e-bikes due to Pakistan’s high set fuel prices.
PAK SUZUKI OFFERING FREE REGISTRATION ON WAGON R AND INSTALLMENT PLANS ON MOTORBIKES, CHECK FOR DETAILS
Due to import restrictions and unfavorable economic conditions, automakers are unable to produce new vehicle options. The rest of the world, meanwhile, is moving more quickly toward its electric vehicle plan.
Whatever the case, Meezan Bank’s installment plan for electric bikes sounds appealing and affordable. Both electric and motorcycles powered by gas will be eligible for the offer.
Conditions & Benefits
Meezan Bank has established some terms for the installment plan and also disclosed the advantages that the customer will receive from this installment plan.
- Only owners of Meezan Bank Debit and Credit Cards are eligible for the promotion.
- A maximum two-year installment period.
- A down payment will be required, with a minimum of 15% and a maximum of 50% of the bike’s cost.
- The smallest payment due each month is Rs. 7,461.
- There is a 1,800 rupee processing fee, which is not refundable.
- Transfer of ownership immediately.
Different plans are being offered by Pakistani automakers. As well as the “Ready Deliver” vehicle offers, Kia and Chery also announced an installment plan for used cars through Pak Suzuki. They appear to be making enough effort to survive during this difficult time. Automakers have concerns that the upcoming fiscal budget will increase car prices even more, making their situation even more difficult.
In Pakistan, the available locally built electric motorcycles have a lower range than gasoline bikes. A supportive environment was necessary for the automotive sector to work on EV production and strengthen it. Only if the government offers to reduce taxes and duties is it feasible. Additionally, remove the ban on the import of auto parts.