Honda CG 150 Installment Plan in Pakistan – 0% Markup Offer
Buying a brand-new motorcycle in Pakistan has become difficult for many people due to rising prices and inflation. For riders who want to upgrade from a 70cc or 125cc bike to a powerful 150cc motorcycle, paying the full amount at once is not easy. To solve this problem, Atlas Honda has introduced an easy installment option for its popular Honda CG 150 through Standard Chartered Bank Pakistan.
Under the SC Aasan Installment Scheme, customers can now buy Honda CG 150 on monthly installments with 0% markup for up to 12 months, making bike ownership more affordable for salaried individuals and middle-income families.
Honda CG 150 Installment Plan – Complete Overview
The installment facility is offered through Standard Chartered Bank’s credit card program. It allows eligible customers to divide the total price of the bike into easy monthly payments instead of paying a lump sum.
Key highlights of the offer include:
- 0% markup installment plan
- Tenure options of 3, 6, or 12 months
- Available on Standard Chartered conventional credit cards
- One-time processing fee applies
- Federal Excise Duty (FED) charged separately
This plan is ideal for people who already use credit cards and want to avoid bank financing or interest-based loans.
Who Can Avail This Offer?
The Honda CG 150 installment plan is not available for everyone. Only customers who meet the following conditions can apply:
- Must have a Standard Chartered conventional credit card
- Card should have sufficient credit limit
- Customer must meet the bank’s internal eligibility criteria
Debit card holders and Islamic credit card users are currently not eligible for this scheme.
Installment Tenure Options
Customers can choose from three flexible installment durations depending on their monthly budget:
- 3 months
- 6 months
- 12 months
Longer tenures reduce monthly payments but come with higher one-time processing fees.
One-Time Processing Fee Explained
Although the installment plan is advertised as 0% markup, Standard Chartered charges a one-time processing fee at the time of booking. This fee depends on the selected installment tenure.
Processing fee structure:
- 1.99% for 3 months
- 5.99% for 6 months
- 11.99% for 12 months
This fee is charged once and is non-refundable.
Honda CG 150 Price and Monthly Installments
Below is the official installment breakdown for Honda CG 150:
- Official price: Rs. 459,900
- Net price after fee: Rs. 450,999
Monthly installment details:
- 3-month plan: Rs. 150,333 per month
- 6-month plan: Rs. 75,167 per month
- 12-month plan: Rs. 37,583 per month
Important Note:
Federal Excise Duty (FED) may apply separately depending on the customer’s city or province. Final payable amounts can vary due to taxes and regional charges.
Why Honda CG 150 Is a Popular Choice in Pakistan
Honda CG 150 is considered one of the most reliable 150cc motorcycles in Pakistan. It is especially popular among riders who want better power, durability, and long-term value.
Key reasons for its popularity include:
- Powerful 150cc engine suitable for highways and city use
- Strong build quality and comfortable riding posture
- Better fuel efficiency compared to older 150cc bikes
- Wide availability of spare parts across Pakistan
- High resale value due to Honda’s trusted brand
For daily commuters and long-distance riders, CG 150 offers a balanced mix of performance and reliability.
Is This Installment Plan Really Interest-Free?
Yes, the plan is technically interest-free, meaning no monthly markup or interest is added to installments. However, customers must understand that:
- A processing fee is charged at the start
- FED may apply separately
- Delayed payments may result in penalties as per bank policy
So while there is no monthly interest, the overall cost can increase slightly due to these charges.
How to Book Honda CG 150 on Installments
Customers can book Honda CG 150 through Standard Chartered Bank by following these steps:
- Call the 24/7 helpline: 021-111-002-002
- Confirm eligibility and credit limit
- Choose installment tenure (3, 6, or 12 months)
- Pay the one-time processing fee
- Complete booking and delivery process
The bank’s representative provides complete guidance regarding documentation and final payable amounts.
Important Terms and Conditions
Before applying, customers should carefully consider the following:
- Offer is subject to bank approval
- Installments are charged monthly on credit card statement
- Processing fee is non-refundable
- FED and government taxes may vary by region
- Missed payments may affect credit history
It is advised to read all terms and conditions before confirming the booking.
Is Honda CG 150 Installment Plan Worth It?
For people who already own a Standard Chartered credit card, this installment plan can be a good option. It helps avoid large upfront payments and allows riders to upgrade their motorcycle without financial pressure.
However, customers should calculate the total cost including processing fee and FED before making a decision.
Final Verdict – Honda CG 150 Installment Plan in Pakistan
With motorcycle prices continuously increasing in Pakistan, installment plans like SC Aasan are making premium bikes more accessible. The Honda CG 150 installment plan offers flexibility, zero markup, and convenience for eligible customers.
If you meet the eligibility criteria and can manage monthly payments responsibly, this offer can be a practical way to own a powerful 150cc motorcycle in Pakistan without paying the full price upfront.
