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Great offer from Standard Chartered Bank, Honda Bikes available in easy installments at zero percent markup

⏱ 2 minute read

Standard Chartered Bank has announced a very beneficial scheme for its customers, under which now leading brand Atlas Honda bikes can be purchased on easy monthly installments with 0% markup. This facility is available for a limited period under the Bank's “SC Asaan Scheme”, which aims to provide easy access to quality, fuel-efficient and sustainable bikes to the general public, especially the middle class. Under this scheme, users can pay in 3, 6 or 12 months installments, while a one-time processing fee only applies. The fee is set at 1.99% for three-month installments, 5.99% for six months, and 11.99% for twelve-month periods. However, Federal Excise Duty (fed) may apply separately depending on the user area. This offer is only for traditional credit card holders of Standard Chartered Bank. Although the markup is kept to zero, a processing fee must be paid when booking a bike. Prices and installments of various Honda models are as follows: The Honda CD 70 costs Rs 1,59,900, while the net price after fees is Rs 1,56,007. It can be purchased on a monthly payment of Rs 52,002 in 3 months, Rs 26,001 in 6 months, and Rs 13,000 in 12 months. The Honda CD70 Dream is priced at Rs 1,70,900. The net worth is Rs 1,67,589, and can be obtained in 3 months at Rs 55,863, 6 months at Rs 27,932, and 12 months at Rs 13,965 per month. The Honda Prider is available for Rs 2,11,900. The net price after adding the fee is Rs 2,07,702, and can be purchased for Rs 69,234 for 3 months, Rs 34,617 for 6 months, and Rs 17,308 monthly installment for 12 months. Also read : Big news for those applying to the Electric Bike Scheme
The official price of the Honda CG 125 is Rs 2,38,500, while the net price is Rs 2,33,759. This model can be availed at Rs 77,920 for 3 months, Rs 38,960 for 6 months, and Rs 19,480 per month for 12 months. The Honda CG 150 is priced at Rs 4,59,900, the net price is Rs 4,50,999, and can be purchased for Rs 1,50,333 in 3 months, Rs 75,167 in 6 months, and Rs 37,583 in 12 months. The Honda CB 150f is also available for Rs 4,59,900, however its net worth is stated to be Rs 4,89,999, which may include additional charges. It can be purchased for Rs 1,63,333 in 3 months, Rs 81,667 in 6 months, and Rs 40,833 in 12 months monthly installment. This scheme is a golden opportunity for individuals who want to buy a bike but cannot pay the full amount in one go due to inflation and limited budget.

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