Honda Introduces a New Installment Plan

Honda Introduces a New Installment Plan

Honda Introduces a New Installment Plan for Bikes: Atlas Honda has teamed up with Silk Bank to offer a 24-month installment plan for its motorcycles. The world’s largest motorcycle manufacturer is attempting to increase the soaring demand for its vehicles.

According to a report, Silk Bank credit cardholders can buy a Honda bike at a 0% interest rate and pay it off in two years. The offer is valid on all bikes, but not all bank accounts.

Atlas Honda is now competing with Pak Suzuki Motor Company (PSMC) in Pakistan for the best motorcycle installment plan. Although PSMC’s program is still superior. Because it does not involve a specific bank and is open to all customers, demand for PSMC’s bikes is significantly lower than demand for Honda’s due to its exorbitant prices.

Most people’s purchasing power has been impacted by rising inflation and price increases. As a result, experts predict that bike demand will continue to rise despite expected prices increases. Most people will choose to buy bikes instead of cars to avoid a significant dent in their wallets.

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