Hero Ignitor Loan Features
| Interest Rate | 11.83% per annum |
| Minimum Loan Amount | Rs. 10,000 |
| Maximum Loan Amount | Loan up to 90% of On-Road Price or 100% of Ex-Showroom Price |
| Loan Tenure | 1 yr to 4 yrs |
| Lowest EMI/Lac | Rs.2,625 |
| Minimum Net Monthly Income | Salaried: Rs.7,000, Self-Employed: Rs. 6,000 |
| Age Criteria | 21 years to 65 years(at loan maturity) |
| Processing Fee | Up to 3% of the loan amount |
| Foreclosure Charges | 3%-10% Based on the time of foreclosure(Not allowed during the first 3 months) |
Hero Ignitor Loan Advantages
The key benefits of a Hero Ignitor Loan:
- Easy and smooth process
- Easy repayment method
- Quick disbursements
- Reasonable Interest Rate
Hero Ignitor Loan EMI Calculator
Before trying to take advantage of both the Hero Ignitor Loan, the claimant may be told of the EMIs. So, via the link following, you can routine production:
Hero Ignitor Bike Loan Interest Rate and Charges
| Interest Rate | Starts at 11.83% p.a. |
| Processing Fee |
Up to 3% of the loan amount (maximum)
|
| Prepayment Charges |
From 3% to 10% of the outstanding principal
|
Hero Ignitor Scheme and Offers
For Hero Ignitor, you will get a loan with such an interest rate of 11.83 percent per annum. Dialabank helps you create up to 100 percent of the former friend-Showroom conscious awareness for a loan.
Hero Ignitor Loan Process
Getting the loan for Hero Ignitor is a simple process as follows:
- Online Application: Fill an application form online with Dialabank and submit it.
- Statement of Documents: Compile all relevant documentation and publish them electronically.
- Verification: Including the submission form and the required documentation. For any dissimilarity, there will be checking off all the papers.
- Authorization: Your loan would be accepted digitally after review, with little inconsistencies.
For more information regarding the Hero Ignitor Loan, contact at 9878981166.
Hero Ignitor Loan for Documents Required
1. Salaried Individual
| Category | Documents Required |
| Identity Proof(Any 1) | Driving Licence Aadhaar Card Passport Voter ID |
| Address Proof(Any 1) | Driving Licence Aadhaar Card Passport Voter ID |
| Compulsory Documents | PAN Card |
| Bank Statement | Bank statement of last 3 months |
2. Self-Employed Individual
| Category | Documents Required |
| Identity Proof(Any 1) | Driving Licence Aadhaar Card Passport Voter ID |
| Address Proof(Any 1) | Driving Licence Aadhaar Card Passport Voter ID |
| Compulsory Documents | PAN Card |
| Bank Statement | Bank statement of last 3 months |
Loan for Hero Ignitor Eligibility
| Age |
21 Years – 65 Years
|
| Income |
Rs.7,000 PM (For Salaried Individuals)
Rs.6,000 PM (For Self-employed Individuals) |
| CIBIL Score |
Varies according to Bank’s criteria
|
About Hero Ignitor
The Ignitor was released shortly after the company was renamed Hero MotoCorp in 2012. The Ignitor and its sibling, the CBF Stunner, are part of the competitive 125cc category, but because of the host of cosmetic changes, the former tends to edge ahead in terms of styling.
Cosmetic improvements such as the revised body panels, new graphics in the front cowl, and body-colored rear-view mirror set the Ignitor apart from the Stunner. The bike even gets a console for a digital-analog instrument. The Ignitor is an absolute commuting bike, despite the styling. Coupled with its lightweight, the upright seating position makes the Ignitor agile and enjoyable to travel in urban stop-go traffic.
Hero Ignitor Specifications
| Ex-Showroom Price | ₹ 62,147 |
| Mileage | 55 Kmpl |
| Power | 10.9 bhp @ 8,000 rpm |
| Displacement | 125 cc |
| Max Torque | 11 Nm @ 5,000 rpm |
| Fuel Capacity | 9 litres |
| Self Start | yes |
| Rear Brake | Drum |
| Number of Cylinders | 1 |
| Tire Type | Tubeless |
Colours Available for Hero Ignitor
| Pearl Fadeless White | Sports Red | Moon Yellow | Matte Axis Grey | Panther Black Metallic |
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Loan for Hero Ignitor FAQ
✅ What is the interest rate for getting a loan for Hero Ignitor?
11.83 percent per annum is the rate of return for having a Hero Ignitor Loan.
✅ How to calculate EMI for a loan for Hero Ignitor?
To calculate EMI for Harley Hero Ignitor Loan, you can use the EMI Calculator
✅ What is the minimum loan amount I can avail of for Hero Ignitor?
For Hero Ignitor, the max amount owed you can take advantage of is Rs. 10,000.
✅ Can I get a 100% loan of the Ex-Showroom Price for Hero Ignitor?
Yeah, you could get a 100 percent Hero Ignitor former-Showroom Price Loan.
✅ How much processing fee charge for getting a loan for Hero Ignitor?
The transaction fee paid for receiving a Hero Ignitor mortgage is up to 3 percent (maximum) of the purchase price.
✅ What is the loan tenure for the availing of a loan for Hero Ignitor?
For Hero Ignitor, the loan amount for the use of a deposit is up to 4 years.
✅ How can I be eligible for the availing of a Hero Ignitor Loan?
Whether you are between 21 and 65 years, Indian, with a total annual wage of Rs. 7,000 (For Salaried) and Rs. 6,000 (For Self-Employed), you will ask for a mortgage for Hero Ignitor.
Two Wheeler Loan for Other Bikes
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