If you are interested in buying a 2023 Honda CG 125 but are faced with budget constraints, consider a simple no-margin (riba-free) installment plan available to credit card holders. This way you can avoid paying for the motorcycle in advance and also avoid interest costs.
MCB has partnered with Atlas Honda to offer a simple installment plan for the latest 2023 Honda CG 125 model. This plan allows potential buyers to avoid paying the entire cost up front and instead opt for up to 6 months of installments with no markup or interest charges. With inflation soaring, this offering offers a viable solution for those looking to buy a motorcycle on a budget.
Honda CG 125 Overview
In Pakistan, Atlas Honda introduced the Honda CG 125 in 1992, and it rapidly gained popularity, alongside the company’s CD 70, to become one of the most popular motorcycles in the country. The bike’s durability, ease of maintenance, and lack of real competition at the time were the main reasons for its high sales.
One of the main advantages of the CG 125 is its easy maintenance and the availability of affordable and easily accessible spare parts throughout the country, which provides potential buyers with a sense of assurance before making a purchase.
Here are the complete specifications:
| Engine | 4-Stroke OHV Air Cooled |
| Bore & Stroke | 56.5 x 49.5 mm |
| Starting | Kick Start |
| Final Drive | Roller Chain |
| Transmission | 4 Speed Constant Mesh |
| Dimension(LxWxH) | 1912 x 735 x 1026 mm |
| Seat Height | 764 mm |
| Ground Clearance | 132 mm |
| Petrol Capacity | 9.2 Liters (Reserve: 2 Liters) |
| Wheel Base | 1204 mm |
| Tire at Front | 2.50 – 18 (4 PR) |
| Tire at Back | 3.00 – 17 (6 PR) |
| Suspension Front | Telescopic Fork 103 mm Travel |
| Suspension Back | Swing Arm 68 mm Travel |
| Dry Weight | 100kg |
It should be noted that the Honda CG 125 2023 has nearly the same features and specifications as its predecessor (2021 model) with only minor cosmetic upgrades and the addition of a revised or new sticker, which may not be very noticeable.
Honda CG 125 2023 Installment Plan
If you are interested in purchasing the Honda CG 125 2023 model but cannot afford to pay for it upfront, Atlas Honda has worked with several banks to offer an interest-free (no mark-up) installment plan. For this discussion, focus on the installment plan offered by MCB, which is only available to MCB credit cardholders. Under this plan, customers can choose an installment plan of up to 36 months. However, longer plans come with interest or markups (riba), so those who want to avoid this can opt for a shorter plan.
As per the information available, MCB is offering installment plans for the Honda CG 125 2023 for up to 36 months, but it should be noted that longer plans will come with interest or markup (riba). Therefore, customers have the option to choose a shorter installment plan to avoid any interest charges.
MCB is offering a 3-6 months installment plan with zero markup (interest-free) for those looking to purchase the Honda CG 125 2023. This allows customers to avoid paying any interest or riba. However, customers should be aware that a processing fee is required in addition to the purchase price.
Installment Plan Breakdown
| Original Price | Rs. 229,900 |
| 3 Months Installment | Rs. 76,633 |
| 6 Months Installment | Rs. 38,316 |
Conclusion
To summarize, the interest-free installment plan offered by MCB for Honda CG 125 2023 provides an affordable option for customers who cannot afford to make a lump-sum payment. This plan allows buyers to purchase the motorcycle without having to worry about paying interest or markup. It is an excellent opportunity for those who want to own a CG 125 but cannot pay the full amount upfront.
