Honda WRV Car Loan

Car Loan for Honda WRV: Features & Benefits

Interest Rate Honda WRV 8.50% – 10.5 % Per Annum
Loan Amount Upto 100% of the total amount
Tenure  12 – 84 Months
Lowest EMI per Lakh Rs 1,666
Processing Fee Rs 2,500 – Rs 10,000
Prepayment Charges Varies with Banks

 

Honda WRV Car Loan Eligibility Criteria:

Particulars Details
Minimum Age of the Applicant 18 years
Maximum Age of the Applicant 60 years for salaried applicants and 65 years for self-employed applicants
Minimum Annual Income Rs. 100000 net annual income. for salaried individuals, 

and Net profit Rs. 60000 p.m. for Self – Employed individuals  

Car Model Any approved car model
Type of Employment Salaried or self-employed
Country or Place of Residence India (rural/semi-urban/urban areas)
Duration of Stay in Current Residence A minimum of 1 year

 

Honda WRV Car Loan EMI Calculator:

Equal Installment Monthly Payment (EMI for short) refers to the amount that will be paid to the bank / NBFC before the bank repays the loan. Includes the amount paid by the bank to pay Honda WRV * expenses and interest on that amount. 

DialaBank provides the ideal car loan EMI calculator for Honda WRV. The EMI calculator will help you make a smart and informed decision about EMI loan amount, interest rate, tenure, and associated costs. The formula to calculate the EMI of is as follows: 
EMI = P × r × (1 + r)n/((1 + r)n – 1)
 E is EMI 
 P is Principal Amount
r is the interest rate calculated monthly. (I.e. r = annual interest rate / 12/100. If the interest rate is 10.5% per year, then r = 10.5 / 12/100 = 0.00875) 
 n is the term / term / loan period, in months 

 * loan amount Depends on the several conditions mentioned above.

Honda WRV Car Loan Interest Rate, Fees, and Charges

Interest Rate Honda WRV 8.50% – 10.5 % Per Annum
Loan Amount Upto 100% of the total amount
Tenure  12 – 84 Months
Lowest EMI per Lakh Rs 1,666
Processing Fee Rs 2,500 – Rs 10,000
Prepayment Charges Varies with Banks

Additional to the charges mentioned above, various fees are associated with car loans- Stamp duty, road tax, loan cancellation fees, bank transfer fees, etc. These different fees are the same for all lenders. However, there may be slight differences, and charges are required by region.

Documents Required for Honda WRV Car Loan:

The documents required for a car loan are as followed:

Identity Proof  Residence Proof  Income Proofs
Driving License Copy of Electricity Bill/Water Bill/Telephone Bill Salary Slips for the last three months
PAN/ Aadhaar Copy of valid Passport/Aadhar Card/Driving License Copy of Form 16 or Income Tax Returns for the last two years
Voter ID Copy of Voter ID card Bank account statements of the last 6 months
Valid Passport   If self-employed, submit P&L account, Balance sheet

Honda WRV:

honda wrv
Rs.8.62 – 11.05 Lakh*

*Ex-showroom Price in New Delhi

Honda WR-V Price

Honda WR-V starts at ₹ 10.14 Lakh and extends to ₹ 13.44 Lakh. The petrol-powered version costs between ₹ 10.14 Lakh – ₹ 11.42 Lakh, and the diesel – injected version ranges between ₹ 11.54 Lakh – ₹ 13.44 Lakh.

Versions On-Road Price Specifications
WR-V SV MT Petrol ₹ 10.14 Lakh 1199 cc, Petrol, Manual, 16.5 kmpl
WR-V VX MT Petrol ₹ 11.42 Lakh 1199 cc, Petrol, Manual, 16.5 kmpl
WR-V Exclusive Edition Petrol ₹ 11.42 Lakh 1199 cc, Petrol, Manual, 16.5 kmpl
WR-V SV MT Diesel ₹ 11.54 Lakh 1498 cc, Diesel, Manual, 23.7 kmpl
WR-V VX MT Diesel ₹ 13.44 Lakh 1498 cc, Diesel, Manual, 23.7 kmpl
WR-V Exclusive Edition Diesel ₹ 13.44 Lakh 1498 cc, Diesel, Manual, 23.7 kmpl

Down Payment Required for Honda WRV Car Loan

The prepayment amount affects the interest rate and, therefore, the EMI that one must pay. Please contact a Dialabank Executive for more information on the required down payment amount, as this amount varies by region and bank.
Please Contact Dialabank at 9878981166.

About Honda WRV:

The SUV segment is gaining popularity and market share, and every manufacturer wants a piece of the action. Honda’s champion in the race of affordable SUVs is the WRV. The WRV concept is the basis for the WRV. It isn’t an SUV in the traditional sense; instead, it is a muscled-up cross that provides the SUV experience. It has gone from strength to strength since the BS-6 and is looking to defend its fair share of the market.

The Honda WRV has the looks, a roomy cabin, and a pair of tried-and-true engines. It is an impressive vehicle due to its clear visibility, light controls, and spacious rear seat.

Honda WRV Mileage/Average:

Fuel Type Transmission ARAI Mileage
Diesel

(1498 cc)

Manual 23.7 kmpl
Petrol

(1199 cc)

Manual 16.5 kmpl

How to get Honda WRV Car Loan:

Honda WRV is a great buying decision for customers interested in buying premium cars from reputable automakers. All banks and NBFCs may not be able to provide the value of cars to their customers.
To avoid trouble for interested customers, the easiest way to get a Honda WRV car loan is with the help of Dialabank, India’s first financial aid line.

To apply for a loan:

What is Honda WRV’s latest on road price?

Honda WRV VX model can be bought for Rs. 10,91,840. This costs includes insurance and RTO charges.

Frequently Asked Quesntions (FAQs)

Is an automatic transmission available for the Honda WR-V?

No, it does not. There is currently no automatic variant of the Honda WR-V available.

What is the engine power of the Honda WR-V petrol?

The Honda WR-V petrol engine produces 88.50bhp at 6000rpm.

How much does Honda WR-V weigh?

The Honda WR-V has a kerb weight of 1087 Kg.

What are the manual Honda WR-V variants? 

The Honda WR-V is available in six manual variants, three of which are diesel and three of which are petrol. The Manual transmission base variant WR-V SV costs Rs. 8.62 Lakh, while the top Manual variant WR-V VX Diesel costs Rs. 11.05 Lakh.

What kinds of airbags are available in the Honda WR-V?

 The top model of the Honda WR-V includes driver and passenger airbags.