Can I get a bike from Meezan Bank at 0% markup?

Yes, Meezan Bank offers a 0% Product where you only pay the actual price of the bike in installments. However, you must pay a 20% to 50% down payment, along with mandatory Takaful (5% per year) and registration fees.

What is the minimum salary for the Meezan Apni Bike Scheme?

The minimum gross salary required for a regular salaried person is Rs. 40,000 per month.

How long does the approval process take?

If your documents are complete and correctly submitted, the bank typically approves the financing within 5 to 7 working days.

Meezan Bank Apni Bike Scheme 2026: 0% Markup Application & Details

Are you struggling with daily transportation costs and want to own a bike without paying heavy interest? The Meezan Bank Apni Bike Scheme 2026 is the perfect solution. Meezan Bank offers a 100% Shariah-compliant, Riba-free bike financing facility based on the Islamic mode of Musawammah.

Whether you are a salaried individual or a business owner, you can now get your favorite motorcycle on easy monthly installments. With special 0% markup products, buying a bike has never been easier. In this guide, we will cover the complete eligibility criteria, down payment rules, required documents, and how to apply online.

What is the Meezan Apni Bike Scheme?

The Meezan Apni Bike program allows Pakistani citizens to purchase motorcycles on an installment basis without interest. Designed under the supervision of Meezan Bank’s Shariah Board, the bank buys the bike from the market and sells it to you at a mutually agreed price.

You become the owner immediately after the contract is signed, and you simply pay the bank back in easy monthly installments via direct debit.

Financing Plans: 0% Markup vs. Standard Product

Meezan Bank offers two main categories for motorcycle financing to suit different budgets:

1. 0% Markup Product:

Down Payment: 20% to 50% of the bike’s cost.
Takaful (Islamic Insurance): Mandatory (approx. 5% per year).
Registration: Mandatory.

2. Standard Product:

Down Payment: 15% to 50%.
Takaful & Registration: Optional.

Note: A non-refundable processing fee of Rs. 1,800 + FED applies to all applications.

Our Meezan Apni Bike Calculator (0% Markup) will help you to make plan of estemation.

Meezan Apni Bike Calculator (0% Markup)

Select Bike Model (Estimated Prices)

Financing Tenure (Months)

Down Payment % (Min 20%, Max 50%)

Bike Price: Rs. 0

Down Payment Amount: Rs. 0

Financed Amount: Rs. 0

Processing Fee: Rs. 1,800

Monthly Installment: Rs. 0

*Note: This calculation is for the 0% markup product. Takaful (approx 5%) and registration charges are extra as per Meezan Bank policy.

Eligibility Criteria for Meezan Bank Bike Loan 2026

To apply for the Meezan Bank Bike installment plan, you must meet the following criteria:

Nationality: Adult, permanent resident of Pakistan.
Age Limit:
- Salaried Persons: 21 to 60 years at the time of financing maturity.
- Businessmen / Self-Employed: 20 to 65 years at maturity.
Minimum Monthly Income:
- Salaried Individuals: Minimum Rs. 40,000 Gross Salary.
- Self-Employed / Businessmen: Minimum Rs. 75,000.

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(If you are applying for Heavy/Premium Bikes, the minimum income requirement is Rs. 150,000 for salaried and Rs. 200,000 for businessmen.)

Tenure and Supported Bike Brands

You can select a repayment period of 1, 2, or 3 years based on your monthly budget.

Japanese Bikes (e.g., Honda, Yamaha, Suzuki): Financing tenure up to 3 years.
Chinese Bikes (e.g., United, Road Prince): Financing tenure up to 2 years.

How to Apply & Required Documents

The application process is simple, and getting your application approved takes only 5 to 7 working days if your documents are complete.

Visit your nearest Meezan Bank branch.
Fill out the Meezan Bank Apni Bike Application Form.
Submit the processing fee (Rs. 1,800 + FED).
Attach essential documents (CNIC copy, 6-month bank statement, salary slip, or business proof).
Once approved, the selected bike will be delivered according to the manufacturer’s timeline.