Devot Motors Two Wheeler Loan

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Attractive Rate of Interest
Loan Approval in 4 Hours
Tenure Up to 48 Months
Doorstep Service
Unbiased Experts Advice

Devot Motors Two Wheeler Loan Features

Devot Motors Two Wheeler Loan Interest Rate 7.85%
Maximum Loan Amount Rs.1 lakh
Minimum Loan Amount Rs.10,000
Income Rs.10,000 Min Income Required
Repayment Period Up to 48 Months
Devot Motors Two Wheeler Loan Processing Fee At the discretion of the company
Prepayment Charges At the discretion of the company

Benefits of availing Devot Motors Two Wheeler Loan

Devot Motors Two Wheeler Loan Amount 95% of the vehicle’s price
Repayment Period up to a tenure of 4 years
Loan Approval 24 to 48 hours
Flexible Loan Amount Rs.10,000 and Rs.1 lakh
Quick Decisioning only 15 minutes

A portion of the highlights of profiting a Devot Motors bike credit are:

  • You can profit a credit sum running somewhere in the range of Rs.10,000 and Rs.1 lakh.
  • You can profit up to 95% of the expense of the bike vehicle.
  • The loan cost offered is low and moderate.
  • Residency of as long as four years for the installment of your EMIs
  • Salaried, independently employed, and others can apply for a bike credit from Devot Motors.

Advantage of availing of a Devot Motors two-wheeler loan

A portion of the upsides of profiting a bike advance from Devot Motors is:

  • Credit measure of up to Rs.1 lakh can profit
  • Serious paces of interest
  • Different residency choices accessible
  • Least documentation required
  • A few reimbursement modes accessible
  • Snappy and bother free preparing of your application structure and records.

Devot Motors Two Wheeler Loan Interest Rates With Other Banks

SBI 15.55 to16.55% ₹ 352 for 3 years
HDFC Bank 13.50 to14.50% ₹ 273 for 4 years
PNB 10.20 to 11.20% ₹ 216 for 5 years
Bajaj Auto Finance 11.10 to 12.10% ₹ 330 for 3 years
IndusInd Bank 11.50 to 12.50% ₹ 332 for 3 years
Allahabad Bank 11.30 to 12.30% ₹ 262 for 4 years
Andhra Bank 9.85 to 10.85% ₹ 214 for 5 years

Devot Motors Two Wheeler Loan EMI Calculator

To check the EMI, you can visit the Dialabank website and use the two-wheeler loan EMI calculator to verify that you will have to pay monthly based on your loan number, repayment tenure, and the interest rate paid by the organization.

Loan amount Repayment tenure Interest Rate Monthly EMI payable Total Amount Payable
Rs.1 lakh 48 months 7.85% Rs.2,536 Rs.1,21,740

Devot Motors Two Wheeler Loan Eligibility Criteria 

Age Above 18 years
Monthly Income Minimum Rs. 10,000
Nationality Indian
For Self – Employed Applicants  the minimum duration of 1 year
For Salaried Applicants 6 months of employment

Devot Motors Two Wheeler Loan Documents Required

The accompanying archives are required while applying for a Devot Motors bike credit:

  • Correctly filled application structure with a solitary visa estimated photo.
  • Personality confirmation, including IDs, gave by the administration, Passport, Driving License, Voter’s ID, and so on.
  • Pay verification, for example, Salary Certificate, ITR or Form – 16 or anything filling in as pay confirmation for both salaried and independently employed candidates.
  • Veritable KYC archives.

How to apply for a Devot Motors two-wheeler loan

Online Process

Given beneath are the means you should continue to apply for a bike advance from Dialabank:

  • Visit the official site of Dialabank
  • On the upper right-hand side of the page, click on ‘Apply Now.’
  • Fill all the necessary subtleties in the application structure and select the Devot Motors vendor from where you wish to buy the bike vehicle.
  • Select the checkbox to consent to the ‘Terms and Conditions’ and click on ‘Apply Now.’
  • When your application structure is presented, an agent from the organization will connect with you.

Offline Process

You can apply for a bike credit by visiting the nearest Devot Motors supplier. Make sure that you share all the relevant archives alongside you. In order to apply for an advanced bike, a supervisor will contact you and guide you on the ride. Fill in and add the framework for the application alongside the archives. The agent will reach you at that point on the off chance that the documents and nuances in the system are accurate and help you with the bike credit estimate in addition.

Devot Motors Two Wheeler Loan Agent and Contact No.

DialaBank is the primary agent that will help you to find the best deals for your two-wheeler loan of Devot Motors and for more information you can directly contact on this number +919878981166

About Devot Motors

Devot Motors aims for up to 90% localisation from its first electric  motorcycle

Devot is committed to saving the planet and making it more sustainable by supplying the automotive industry with the best electric vehicle technology, beginning in India. In 2019, Devot Motors was founded in India with a vision of producing affordable and innovative electric motorcycles. Devot Motors is dedicated to developing electric motorcycles that are sustainable and environmentally friendly and add value to India’s energy ecosystem.

FAQs About Devot Motors Two Wheeler Loan

Can I change my loan amount or loan tenure after the loan has been disbursed?

While you can make modifications to your credit sum or advance residence during the processing process by calling the bank representative, you are not permitted to make changes to the residency or advance sums of the advance payment after the advance has been dispensed.

Is there an option to pay my EMIs online?

Devot Motors Credit has a possibility for an online installment of EMI on the official site which you can use to make online installments whenever the timing is ideal effectively.

Is there any collateral or security that has to be submitted for the loan to be approved?

No, your KYC records are all you need to apply for the credit to be endorsed. After the advance has been paid, your vehicle will be mortgaged to Devot Motors Credit and will remain on that road until you have fully reimbursed the advance.

How much down-payment should I pay?

The difference between the amount of credit you receive and the cost of the bicycle you want on the street is your upfront fee or edge money. Since Devot Motors Credit provides 95 percent of the on-road cost of the bicycle as the advance price, this will not be an enormous amount to pay for you.

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