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Meezan Apni Bike Financing

Pakistan’s first Musawamah-based Motorcycle Financing Facility

Meezan Apni Bike offers you the chance to purchase a motorcycle, based on the Islamic financing mode of Musawamah. In Musawammah financing seller does not disclose the price paid to create or obtain the goods. It is ideal for individuals who wish to avail Shariah-compliant bike financing on easy monthly installments in addition to a number of other features.

Meezan Apni Bike Financing works on the Shariah-compliant mode of Musawammah, under which the Bank purchases the vehicle from the market and sells it to the customer, on mutually agreed easy monthly installments, payable over the selected tenure of the facility.

Key Features & Benefits

  • Mode of Financing : Musawammah
  • Ownership : The ownership is transferred to the customer immediately after signing delivery order by customer
  • Product Offering : All Honda, Suzuki, Yamaha, Super Power & Other Motorcycle variants
  • Facility Tenure : The scheme is available for 1, 2 & 3 years
  • Down Payment : Minimum 15% of cost of the vehicle and Maximum 50% of cost of the vehicle
  • Facility Available in : Karachi, Lahore, Faisalabad, Peshawar, Rawalpindi, Islamabad and other cities
  • Processing and / Documentation Charges : Non-refundable processing fee of PKR 1,800/- will be charged whereas documentation charges will be charged at actual
  • Mode of Payment : Direct debit from customer’s Meezan Bank account
  • Early Termination : No early termination profit

How is Meezan Apni Bike Shariah-compliant?

Meezan Apni Bike, designed under the supervision of Meezan Bank’s Shariah Board is based on Musawammah – a Shariah-compliant mode of financing.

Rights & Liabilities of Owner v/s User

Under this mechanism, Bank purchases bike from market and subsequently sells it to the Customer on a mutually agreed price payable in installments. After execution of Musawammah contract, all ownership related rights and liabilities pertaining to bike shall be with the Customer. Customer shall however, be liable to pay installments over the tenure of facility.

How to get a bike through Bike Financing?

To apply for Meezan Bank’s Apni Bike, fill out a customer application form (available at selected branches), attach the required documents and get your financing approved in 5-7 working days. After asset financing approval, the selected Bike will be available as per manufacturer’s defined time period.

Required Documents

General Requirements

  • Copy of Applicant's CNIC (Computerised National Identity Card)
  • One Passport-sized color photograph of the applicant
  • Declaration of Financing
  • Signature Verification Form

Specific Requirements

For Salaried Individuals

  • Original / Certified copy of Bank Statement (last 6 months)
  • Original / Certified copy of Pay Slip
  • Employer's certificate including Tenor /Designation /Salary

Specific Requirements

For Businessmen / SEP

  • Original / Certified copy of Bank Statement (last 12 months)
  • 2 years Proof of Business (e.g. Tax return / Bank Certificate/ any other document)

Who Can Avail Meezan Apni Bike Financing Facility?


Adult, Pakistani National who is a permanent resident of the country


20 years to 65 years of age at the time of maturity (Businessmen & Self-Employed Professionals)

21 years to 60 years of age at the time of maturity (Salaried Individuals)

Minimum Income Requirements

For salaried individuals - Minimum 40,000/- (Gross Salary)

For self-employed individuals – Minimum 75,000/-

For businessmen - Minimum 75,000/-

Debt Burden Ratio

40% of net monthly income /- (For Salaried, Self Employed-Person and Businessmen)

Down Payment

Minimum 15% of cost of the vehicle and Maximum 50% of cost of the vehicle


1, 2 and 3 years

Japanese Bikes – Tenor is 3 years

Chinese Bikes – Tenor is 2 years

Payment Mode

Direct debit from customer’s Meezan Bank account

Note: In line with State Bank of Pakistan's regulatory requirement, negative history (i.e. overdue/ late payment/ write-off/ waiver) of consumer/individual customers will be reflected in eCIB reports for two years after settlement.


Eligibility Criteria

Minimum Income Requirements

Salaried Class - 150,000/- (Gross Salary)

Businessmen - 200,000/-

Down Payment

Minimum 30% of cost of the vehicle and Maximum 50% of cost of the vehicle

Debt Burden Ratio

Upto 40% of net monthly income /- (For Salaried and Businessmen)

Application Procedure

Fill out a customer application form (available at any Branch)

Attach the required documents and submit your application with Rs. 1,800 (Non-refundable processing fee)

Get your financing approved in a 5-7 working days

Helpful Downloads: Application Form

Use our Calculators to Compare Different Bikes & Payment Plans!

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Note : The financing facility for the bikes manufactured by Honda is unavailable throughout Sindh except for the Honda CB 150F and Honda CB 250 which is available in Karachi only.
Bikes are being offered for a tenure of two years under the name Super Power Bike in Karachi and under the name Power Bike in Lahore, Faisalabad, Islamabad, Rawalpindi & Multan.

Contact our Dedicated Representatives


Mr. Amanat Ali

Cell No : 0345 2261260



Mr. Fahad Khaliq

Cell No : 0304 0921365



Mr. Abdul Rehman

Cell No : 0323 7634042



Mr. Aftab Rabbani

Cell No: 0304 0921496



Mr. Hamza Murad

Cell No: 0306 3713810



Mr. Muhammad Kashif

Cell No: 0311 4150743



Mr. Muhammad Zohaib Tahir

Cell No: 0301 2384632


Get Contacted by a Representative

Fill out the form below and you will be contacted by a Meezan Bank representative.

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