On the MoU signing ceremony Mr. Himihiko Katsuki, Managing Director & CEO, Bangladesh Honda Private Limited, and Mr. Md. Arup Haider, Head of Retail Banking, Retail Banking Division, The City Bank Limited signed the Memorandum of Understanding on behalf of the respective organization at BHL Corporate Office in Dhaka.
By signing this MoU, Honda customers can avail up to 80% for males and 100% for the female loan facility. The installment rate will be flat 11.99%. Customers can avail up to 6-36 months loan and there will 1% processing fee for males and 0% for female customers.
With this customers can get 50,000 – 10,00,000BDT loan amount for 6 to 36 months with 11.99% interest rate. Honda customers can avail of this facility from any Honda Exclusive Authorized Dealer Showroom or The City Bank Limited branch in Bangladesh.
Last year, Honda launches one of the stylish 160cc motorcycles which is Honda X Blade 160. This bike was one of the awaited bikes in Bangladesh. Also, later on, they launched Honda CB Hornet 160R with ABS in Bangladesh. Honda has a wide range of products for the Bangladeshi bike lovers ranging from 110cc to 165cc, which include commuting motorcycles to sports commuters to sports bikes & scooters.
The MoU between City Bank and BHL will be a great initiative for bikers. Now customers can full fill they’re to buy their desired Honda motorcycle. We hope other motorcycle brands and companies also came up with this kind of facilities for bikers.