On the Honda City installment plan Meezan Bank offers through Car Ijarah, the Honda City 1.2 LS CVT (Rs 47,67,000) costs about Rs 1,10,841 a month with the minimum 40% deposit over 3 years, including takaful and tracker. You pay Rs 19,06,800 deposit upfront and need a take-home salary of about Rs 2,21,700. On the same 3-year term, the Special Edition CVT costs about Rs 1,10,678 (45% deposit) and the 1.5 LS CVT about Rs 1,08,478 (55% deposit).
Last updated: 4 November 2026 by Ahmed. Prices and rates checked on Meezan Bank’s website on 4 November 2026.
Try your own deposit and tenure in our free Meezan Bank Car Loan Calculator. It uses Meezan’s formula and price list and matched Meezan’s own figures to the rupee in our tests.
Want a Honda City on installment from Meezan Bank in 2026? The Honda City engine is above 1000cc, so Meezan’s maximum tenure is 3 years. And because no bank can finance more than Rs 30 lakh per person (SBP limit), the minimum deposit is higher than the usual 30%. The tables below show the price of each variant, the monthly rent for every deposit and tenure, the total cost and the salary you need.
Honda City installment plan Meezan Bank: Every Deposit and Tenure (1.2 LS CVT)
Car price Rs 47,67,000. Monthly rent including takaful and tracker, at Meezan’s 15% profit rate. The lowest deposit allowed is 40%.
| Deposit | 1 year | 2 years | 3 years |
|---|---|---|---|
| 40% (Rs 19,06,800) | Rs 2,70,411 | Rs 1,50,637 | Rs 1,10,841 |
| 50% (Rs 23,83,500) | Rs 2,27,385 | Rs 1,27,523 | Rs 94,316 |
| 60% (Rs 28,60,200) | Rs 1,84,358 | Rs 1,04,410 | Rs 77,791 |
| 70% (Rs 33,36,900) | Rs 1,41,332 | Rs 81,296 | Rs 61,266 |
Each extra 10% deposit lowers the 3-year rent by about Rs 16,500 a month.
Honda City Installment Plan Meezan Bank: All Variants
Minimum deposit for each variant (set by the Rs 30 lakh limit) and the rent over 3 years:
| Variant | Price | Minimum deposit | 2 years | 3 years |
|---|---|---|---|---|
| Honda City 1.2 LS CVT | Rs 47,67,000 | 40% (Rs 19,06,800) | Rs 1,50,637 | Rs 1,10,841 |
| Honda City Special Edition CVT | Rs 51,66,000 | 45% (Rs 23,24,700) | Rs 1,50,236 | Rs 1,10,678 |
| Honda City 1.5 LS CVT | Rs 60,99,000 | 55% (Rs 33,54,450) | Rs 1,46,749 | Rs 1,08,478 |
| Honda City Aspire 1.5 CVT | Rs 61,19,000 | 55% (Rs 33,65,450) | Rs 1,47,211 | Rs 1,08,814 |
What Makes Up the City Installment
For the Honda City 1.2 LS CVT with a 40% deposit over 3 years:
| Part | Monthly |
|---|---|
| Rent for the car (15% profit) | Rs 99,150 |
| Takaful (Islamic insurance) | Rs 5,891 |
| Tracker | Rs 5,800 |
| Total | Rs 1,10,841 |
Tracker is Rs 5,800 a month because the car costs more than Rs 40 lakh. Takaful here follows Meezan’s calculator (about 1.5% of the price in year one). Meezan’s Car Ijarah page lists takaful at 1.99% with EFU or Adamjee, so your actual figure can be slightly higher.
Total Cost of a Honda City on Meezan Car Ijarah
| Plan | Upfront | Total paid | Extra over cash price |
|---|---|---|---|
| 1.2 LS CVT, 40% deposit, 3 years | Rs 19,11,208 | Rs 59,01,484 | Rs 11,34,484 |
| 1.2 LS CVT, 40% deposit, 2 years | Rs 19,11,208 | Rs 55,26,496 | Rs 7,59,496 |
| 1.2 LS CVT, 60% deposit, 3 years | Rs 28,64,608 | Rs 56,65,084 | Rs 8,98,084 |
| Aspire 1.5 CVT, 55% deposit, 3 years | Rs 33,69,858 | Rs 72,87,162 | Rs 11,68,162 |
Totals include the deposit, all rentals and the processing fee (Rs 3,800 + FED, about Rs 4,408). The “extra” also covers takaful and tracker, which you would pay for in some form even if you bought the car in cash.
Salary Needed for a Honda City on Installment
For the Honda City installment plan Meezan Bank needs your take-home pay to be at least twice the monthly rent (50% of your spouse’s income can be added), and all loan installments together within 40% of take-home pay.
| Plan | Monthly rent | Take-home needed |
|---|---|---|
| 1.2 LS CVT, 40%, 3 years | Rs 1,10,841 | About Rs 2,21,700 |
| 1.2 LS CVT, 50%, 3 years | Rs 94,316 | About Rs 1,88,600 |
| 1.2 LS CVT, 60%, 3 years | Rs 77,791 | About Rs 1,55,600 |
| Aspire 1.5 CVT, 55%, 3 years | Rs 1,08,814 | About Rs 2,17,600 |
Because financing is capped at Rs 30 lakh, every City variant at its minimum deposit costs about Rs 1.1 lakh a month over 3 years, so you need around Rs 2.2 lakh take-home. A 60% deposit on the 1.2 LS brings the rent to Rs 77,791 and the salary needed to about rs 1,55,600.
Honda City on Residual Value Ijarah
With Residual Value Ijarah you pay a lump sum at the end (or return the car) and get a lower rent. Meezan allows a deposit of at most 50% on this plan, so only the City 1.2 LS (40% minimum) and Special Edition (45%) qualify; the 1.5 LS and Aspire need 55% under the Rs 30 lakh limit. Deposit plus residual value must stay below 100%, so 50% is the highest residual value here.
| Variant and deposit | Tenure | Residual value | Monthly rent |
|---|---|---|---|
| 1.2 LS, 40% deposit | 2 years | 50% (about Rs 23,84,000) | Rs 64,863 |
| 1.2 LS, 40% deposit | 3 years | 50% (about Rs 23,84,000) | Rs 58,010 |
| 1.2 LS, 40% deposit | 3 years | 40% (about Rs 19,07,000) | Rs 68,576 |
| Special Edition, 45% deposit | 3 years | 50% (about Rs 25,83,000) | Rs 53,425 |
These residual-value rents are our estimate using Meezan’s formula. Confirm the exact figure with your branch.
Honda City Installment for Overseas Pakistanis
Through a Roshan Digital Account, Honda cars qualify. You can lease a Honda City for up to 7 years from a 15% deposit (salaried; 25% for business owners) at 13.90% to 14.37%, and the Rs 30 lakh limit does not apply (up to Rs 1 crore):
| Variant and deposit | 3 years | 5 years | 7 years |
|---|---|---|---|
| 1.2 LS CVT, 15% (Rs 7,15,050) | Rs 1,50,744 | Rs 1,06,265 | Rs 87,643 |
| 1.2 LS CVT, 30% (Rs 14,30,100) | Rs 1,26,201 | Rs 89,493 | Rs 74,096 |
| Aspire 1.5 CVT, 15% (Rs 9,17,850) | Rs 1,91,852 | Rs 1,34,759 | Rs 1,10,855 |
| Aspire 1.5 CVT, 30% (Rs 18,35,700) | Rs 1,60,348 | Rs 1,13,230 | Rs 93,466 |
There is no processing fee for Roshan Digital customers, Residual Value Ijarah is not offered, and the car is delivered to a close relative in Pakistan. Details: Meezan Car Ijarah for overseas Pakistanis.
How to Get the Honda City installment plan Meezan Bank Offers
- Check your figure in the calculator and make sure your take-home pay is at least twice the rent.
- Visit a Meezan branch with your CNIC, latest pay slip or business proof, and 6 months’ bank statements.
- Pay the security deposit and processing fee once approved (Meezan says 1 to 7 working days).
- Meezan books the car with Honda Atlas. Your rent starts after delivery.
FAQ
What is the Honda City installment plan Meezan Bank offers for 3 years?
About Rs 1,10,841 a month for the City 1.2 LS CVT with the minimum 40% deposit (Rs 19,06,800), including takaful and tracker. With a 50% deposit it falls to about Rs 94,316.
What is the minimum down payment for a Honda City on Meezan Bank?
40% for the City 1.2 LS (Rs 19,06,800), 45% for the Special Edition and 55% for the 1.5 LS and Aspire, because banks cannot finance more than Rs 30 lakh per person. Add a processing fee of about Rs 4,408.
Can I get a Honda City for 5 years on Meezan Bank?
Not as a resident. Meezan allows a maximum of 3 years for cars above 1000cc. Overseas Pakistanis with a Roshan Digital Account can lease a City for up to 7 years.
Is the Honda City installment fixed?
Yes. Car Ijarah uses a fixed profit rate, so your rent stays the same for the whole lease unless takaful changes at renewal.
Which Honda City variant is best on installment?
The 1.2 LS CVT needs the smallest deposit (Rs 19,06,800) and costs Rs 1,10,841 a month over 3 years. The 1.5 LS and Aspire cost about the same monthly (Rs 1,08,478 and Rs 1,08,814) but need around Rs 33.5 lakh as deposit.
FAQs (Roman Urdu)
Meezan Bank se Honda City ki qist kitni hai?
City 1.2 LS CVT par 40% deposit ke saath 3 saal ke liye taqreeban Rs 1,10,841 mahana.
Honda City ka minimum deposit kitna hai?
City 1.2 LS ke liye 40% (Rs 19,06,800); 1.5 LS aur Aspire ke liye 55%, kyun ke bank Rs 30 lakh se zyada finance nahi kar sakta.
City ke liye kitni salary chahiye?
Taqreeban Rs 2,21,700 take-home salary.
Kya City 5 saal ke liye mil sakti hai?
Pakistan mein rehne walon ke liye nahi, sirf 3 saal. Roshan Digital Account wale 7 saal tak.
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