Car Loan for Renault Triber: Features & Benefits
Renault Triber Car loan is a unique type of car loan when compared to the other types of car loans. The main features of the same are:
Features |
Car Loan |
Interest Rate |
Starts from 9.8%
|
Processing Fee |
1% of the amount
|
Loan Tenure |
5 years |
Lowest EMI |
Rs. 10,983 |
Loan Amount |
Rs. 5.19 lakhs
|
Prepayment Charges |
– |
Renault Triber Car Loan Eligibility Criteria
Every loan has eligibility criteria that have been set beforehand, the eligibility criteria for Renault Triber Car loan is:
Eligibility Criteria |
Eligibility Details
|
Age |
21 years – 60 years
|
Minimum Annual Income |
Salaried: ₹ 0.01 Lakh Lakhs
Self Employed Professionals: ₹ 0.01 Lakhs Self Employed Businessmen: ₹ 0.01 Lakhs |
Minimum Credit Score |
700 and above
|
Loan Tenure |
5 years |
Loan to Value Ratio |
100% of ex-showroom price
|
Renault Triber Car Loan EMI Calculator
It is difficult for an individual to understand the working and the nuances of a car loan. They might get different offers according to their preferences. They would not know how to choose. All of this could best be understood by the use of a Car Loan EMI Calculator. This allows all individuals to understand and to assess if they need this particular loan now or not and it also gives them the leverage to plan their expenses around this. This would result in lesser tension for the applicants.
- The method in which Renault Triber Car Loan EMI calculates your EMI would be way different from any other banks that you might have dealt with.
- However, in the end, all the banks do use the same basic formula to calculate their EMI value which needs to be told/informed to the applicant. The formula that they use is:
E= P. r. (1+r)n/[(1+r) n -1]
- E: denotes the monthly payment or EMI.
- P: denotes the main amount for which you wish to apply.
- r: is the monthly interest rate computed as a percentage of yearly income,
- n: is the loan term in months.
Renault Triber Car Loan Interest Rate, Fees, and Charges
Interest Rate |
9.8% onwards
|
Processing Fee |
1% of the amount, that is a minimum of 50,000/-
|
Foreclosure Charges |
3-6% after 6 months and no foreclosure charges for less than 6 months
|
Documentation Fees |
Rs. 650, non-refundable
|
Penalty for Late Payment |
3% each month
|
Financing Quantum |
up to 100% depending on customer profile
|
Documents Required for Renault Triber Car Loan
Once, the applicant chooses a bank and a type of loan of their preference and if they meet the eligibility criteria required, they would then be asked to submit a few documents as proof. It is after verifying these documents would the loan be approved. These documents are:
Individual |
Documentation |
Salaried Applicant |
Two Passport-size photocopies of your tax identification number (PAN)
Aadhaar, Passport/ Driving License/ Voter ID/ PAN are all acceptable forms of identification. Automobile quote Passport, Leave and License, Registered Rent Agreement, Utility Bill (up to 3 months old), Residential Address Proof. 3 months pay stubs, 2 years Form 16, 3 months bank statement displaying salary credit and any EMI debit Vehicle Registration and Insurance |
Self Employed Applicant |
Two Passport Size Photo Copy of Income Tax PAN (Filled Out Loan Application Form)
Aadhaar, Passport, Driving License, Voter ID, and PAN is all acceptable forms of identification. Car price quote Proof of residential address – leave and license/registered rent agreement/utility bill (up to 3 months old), Passport. Income Documents – 3 months pay stubs, 2 years of Form 16, 3 months bank statement displaying income credit and any EMI debit. Vehicle Registration and Insurance |
Renault Triber Car
Engine and Transmission
Engine Type |
1.0L Petrol Engine
|
Displacement (cc) |
999 cc |
Max Power |
71bhp@6250rpm
|
Max Torque |
96Nm@3500rpm
|
No. of cylinder |
3 |
Valves Per Cylinder |
4 |
Valve Configuration |
DOHC |
TransmissionType |
Automatic |
Gear Box |
5-speed |
Renault Triber Car Price
The starting price of a Renault Triber is Rs. 5.30 lakhs. The lowest price of the variant in Renault Triber is the Renault Triber RXE and the most expensive variant in the Renault Triber model is the Renault Triber RXZ EASY-R AMT Dual Tone which is at the price of Rs. 7.82 lakhs. The breakdown of the price for the Renault Triber is Rs. 5,30,000 which is the ex-showroom price. Rs.21,200 is the price for the RTO and for the insurance, it is Rs. 26,113. There are two different prices for the fuel costs. The monthly fuel cost for the petrol manual car is Rs. 2,221 and the monthly fuel cost for the petrol automatic car is Rs. 2,440. The estimated maintenance cost of Renault Triber for 5 years is Rs 10,170. The first service after 10000 km, the second service after 20000 km and the third service after 30000 km is free of cost.
Prices of Renault Triber Ex-showroom Delhi
Model Variant |
Key specs |
Ex-Showroom Price
|
| Triber RXE | 999 cc, Manual, Petrol, 20.0 kmpl | 5.30 lakhs |
| Triber RXL | 999 cc, Manual, Petrol, 20.0 kmpl | 5.99 lakhs |
| Triber RXL EASY-R AMT | 999 cc, Automatic, Petrol, 18.2 kmpl | 6.50 lakhs |
| Triber RXT | 999 cc, Manual, Petrol, 20.0 kmpl | 6.55 lakhs |
| Triber RXT EASY-R AMT | 999 cc, Automatic, Petrol, 18.2 kmpl | 7.05 lakhs |
Downpayment required for Renault Triber Car loan
The Renault Triber is a car which has a 1 petrol engine and offers a displacement of 999cc. It is available in both manual and automatic transmission, and it offers a mileage rating from 18.2 to 20.0 lymph. It is a 7 seater and offers extraordinary amenities. Because of this, the downpayment required to be paid for the Renault Triber Car would be slightly higher. So you would be required to plan your expenses accordingly.
About Renault Triber Car
The Renault Triber is known as a powered upgraded version of the Kwid’s 99cc BR10 three-cylinder petrol engine producing 53 kW (71 hp; 72 PS) at 6,250 rpm and 96 N⋅m (71 lb⋅ft) of torque at 3,500 rpm. The transmission options for the Triber are a 5-speed manual and a 5-speed automated manual gearbox. The turbocharged 999 cc engine option would follow later.
How to get Renault Triber Car Loan
Availing of a Renault Triber Car loan would be one of the best decisions that an applicant would be taking if they are willing to spend their money or plan on investing in buying a luxurious 7-seater for their family. This product has been launched in the product and has been gaining immense fame and popularity. All the banks and NBFC would not be able to fund the whole value of the car for their customers.
To protect the interested customers from the trouble, the best and the most accessible method of availing a car loan for the Renault Triber is done with the help of India’s first Financial Helpline, Dialabank.
To apply for a loan, visit our website at Dialabank or You could contact us at 9878981166
FAQs Car Loan for Renault Triber
✅ Is Renault Triber a good investment?
Yes, Renault Triber is definitely a good investment considering its seating capacity and the lesser fuel and service costs.
✅ What is the Renault Triber’s on-road price?
The Renault Triber’s on-road price ranges from Rs. 5.30 – 7.82 Lakhs.
✅ What are the documents required to be submitted for a car loan for Renault Triber?
The documents required would be the usual identity documents, income proof documents, residence documents and photo proof.
✅ What is the processing fee for a Renault Triber car loan?
The processing fee for the Hyundai Kona Car loan is 1% of the loan amount, which is a minimum of 50,000/-
