Meezan Bank, in collaboration with Atlas Honda, has introduced a Shariah-compliant financing plan for the newly launched Honda ICON e: electric scooter under its popular Meezan Apni Bike program.
The financing package offers 0% profit over the invoice value with an easy installment plan of up to 24 months, making it more accessible for customers to embrace eco-friendly electric mobility.
The scheme operates under the Islamic concept of Musawamah and requires a minimum 20% down payment. Monthly installments start from just Rs. 13,997, alongside a non-refundable processing fee of Rs. 1,800 plus FED.
Read More: Pakistan Approves Rs9bn Plan for Electric Bikes, Rickshaws
Customers can apply by visiting any Meezan Bank branch nationwide.
The Honda ICON e: is designed for efficiency and convenience, offering:
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Full digital panel meter
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Lithium-ion battery (48V, 30.6 Ah)
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Maximum torque of 85Nm
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Top speed of 55 km/h
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Cruising range of 53 km (Standard mode) / 65 km (Econ mode)
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Two driving modes: Standard & Econ
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Riding capacity of 150 kg
With rising fuel prices and increasing demand for sustainable transportation, this offer provides a practical way for Pakistanis to switch to electric scooters without bearing heavy financial burdens.
