Meezan Bank Launches Shariah-Compliant Financing for Honda ICON e: Electric Scooter
Meezan Bank, in collaboration with Atlas Honda, has introduced an exciting Shariah-compliant financing plan for the newly launched Honda ICON e: electric scooter. The initiative is part of the bank’s popular Meezan Apni Bike program and aims to make eco-friendly mobility more accessible to consumers in Pakistan.
Flexible & Interest-Free Financing
The financing is based on the Islamic concept of Musawamah, offering customers:
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0% profit over the invoice value
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Flexible installment plans of up to 24 months
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Affordable monthly payments starting at Rs. 13,997
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Minimal 20% down payment
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Processing fee: Rs. 1,800 + FED (non-refundable)
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Customers interested in switching to electric vehicles can apply by visiting their nearest Meezan Bank branch. Terms and conditions apply.
Features of the Honda ICON e:
The Honda ICON e: is designed for urban mobility and offers an efficient and environmentally friendly ride with the following specifications:
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🔋 Lithium-ion battery (48V, 30.6 Ah capacity)
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🛵 Top speed: 55 km/h
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⚡ Range: Up to 65 km on a single charge
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📊 Digital panel meter for easy monitoring
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🧠 Two drive modes: Standard (53 km) and Econ (65 km)
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🧍 Riding capacity: 150 kg
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💪 Maximum torque: 85Nm
A Smarter Move Toward Green Transportation
With rising fuel prices and increasing awareness about climate change, this financing option offers an affordable, practical solution for those seeking sustainable transportation in Pakistan.
By eliminating interest and offering flexible terms, Meezan Bank and Atlas Honda are making it easier for individuals and families to embrace electric mobility without financial burden.
