Honda CG 150 Installment Plan 2026 – Requirements and How To Apply
Honda CG 150 Installment Plan 2026
Honda CG 150 Installment Plan 2026 offers Pakistani riders a smart way to own a powerful 150cc bike without paying the full price upfront. Priced at Rs. 459,900, the CG 150 is now available on easy monthly installments through Standard Chartered Bank for 3, 6, or 12 months.
The plan comes with 0% markup, but buyers must pay a one-time processing fee and applicable FED. This option is ideal for salaried individuals and young professionals upgrading from smaller bikes. With strong resale value, reliability, and manageable payments, the CG 150 remains a practical choice in today’s economy.
Why installment bikes are becoming common in Pakistan
Motorcycles are still the backbone of daily travel in cities like Lahore, Karachi, and Islamabad. Fuel prices, ride-hailing fatigue, and poor public transport keep bikes relevant. But inflation and rupee devaluation have pushed new bike prices beyond casual reach.
That’s why installment plans are no longer a “luxury offer.” They are now a survival tool for buyers who want:
- A new bike with warranty
- Fixed monthly expenses
- No hassle of used-bike repairs
- Better resale value in the long run
Honda CG 150 installment plan fits perfectly into this changing mindset.
Honda CG 150 price in Pakistan – 2026 update
As of 2026, the official ex-factory price of Honda CG 150 is:
Rs. 459,900
Instead of paying this amount upfront, eligible buyers can split the payment into monthly installments under Standard Chartered’s credit card financing facility. The bank advertises this plan as 0% markup, but like all such offers, there are some charges you must understand.
Available installment duration
Buyers can choose from three flexible tenures:
- 3 months
- 6 months
- 12 months
The longer the tenure, the lighter the monthly burden — but the higher the one-time processing cost.
Important: This facility is only for Standard Chartered credit card holders. Debit cards or cash purchases are not eligible.
Processing fee & FED – what you actually pay
Although there is no interest markup, a one-time processing fee is charged upfront. Federal Excise Duty (FED) may also apply depending on your city.
Processing fee structure:
- 1.99% for 3 months
- 5.99% for 6 months
- 11.99% for 12 months
This slightly increases the effective cost of the bike, so choosing the right tenure matters.
Honda CG 150 installment breakdown (approximate)
| Model | Official Price | Monthly (3 Months) | Monthly (6 Months) | Monthly (12 Months) |
|---|---|---|---|---|
| Honda CG 150 | Rs. 459,900 | ~Rs. 150,000 | ~Rs. 75,000 | ~Rs. 37,500 |
FED may be charged separately based on location.
Is buying Honda CG 150 on installments a good idea?
From a practical point of view, yes — if your income is stable.
Why it makes sense
- No heavy upfront payment
- You get a brand-new bike with warranty
- Strong resale value in Pakistani market
- Better power and road presence than 125cc bikes
Things to keep in mind
- Processing fee increases total cost
- Credit card eligibility is mandatory
- Missed payments can affect your credit record
For daily office travel, ride-hailing work, or long urban commutes, the CG 150 remains a balanced and dependable choice.
How to apply for Honda CG 150 installment plan
The booking process is simple and bank-driven.
Step-by-step process
- Make sure you have an active Standard Chartered credit card
- Call the helpline: 021-111-002-002
- Select Honda CG 150 and your preferred tenure
- Confirm total payable amount (including FED)
- Finalize booking and delivery details
Always ask for a final cost breakdown before confirming.
New bike vs used bike – what’s better in 2026?
Many buyers compare this option with used 150cc bikes available in the market. While used bikes may look cheaper, they often come with hidden costs — engine work, paperwork issues, or resale uncertainty.
A new CG 150 offers:
- Peace of mind
- Manufacturer warranty
- Predictable expenses
- Better long-term value
With installments, the gap between “new” and “used” is no longer that big.
Final verdict
Honda CG 150 on installments reflects how Pakistan’s bike market is evolving. Buyers now care as much about monthly affordability as they do about engine size and fuel average. If you want reliability, resale strength, and controlled expenses, this plan is worth serious consideration — just read the fine print carefully.
Would you go for a brand-new CG 150 on installments, or stick with a used bike on cash? The decision says a lot about how Pakistani riders are adapting to today’s economy.
