Honda Dream Neo Loan

Looking For a Loan?

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.

Why Apply with Dialabank?

Compare across 18 Banks
Get Money in 30 Mins
Loan Amount Up to 5 Crore
Hassle-free Disbursal
Unbiased Experts Advice

Honda Dream Neo Loan Features

Ex-Showroom Price Rs. 52,850
Maximum Funding 100% of Ex-Showroom
Interest Rate 11.83%* per annum
Lowest EMI Per Lac ₹ 2,625
Loan Approval Time 30 Minutes
Digital Loan Approval Facility Available Yes
Zero Downpayment Option Available Yes

Advantages Of Loan For Honda Dream Neo

  • Easy, fast, and hassle-free process
  • Quick Disbursal of Loan Amount
  • Attractive Rate of Interests
  • Easy and flexible repayment and prepayment policies.
  • No public transport hassles – You can forget about starting your day with long queues to catch a bus, metro, local train, or auto rickshaw. Drive as and when you please without such hassles.
  • No strain on personal funds – Buying a two wheeler is a substantial investment. Instead of draining your funds altogether, you can take a loan and pay back in easy Equal Monthly Instalments over a comfortable tenure.
  • Zero down payment – Get finance for up to 100% of the cost of your desired two wheeler up to a maximum of Rs. 1.5 lakhs.

Honda Dream Neo Loan EMI CalculatorHonda Dream Neo

Use Dialabank’s EMI Calculator to calculate the EMI of your loan.

Honda Dream Neo Loan Interest Rate and Charges

Interest Rate 11.83% Per Annum
Processing Fee Up to 3% of the Loan Amount
Foreclosure Charges  3% – 10% Based on the time of foreclosure ( Foreclosure not allowed during the first 3 months)

Honda Dream Neo Finance Scheme and Offers

You can get the loan on new as well as on used BMW K1600 B bike. The interest rate for the newBMW K1600 B bike is 11.83% per annum.

Zero down payment bike loan also available which is a loan wherein the lender will finance the entire cost of the two-wheeler you wish to purchase, not requiring you to pay anything upfront.

Dialabank offers 100% of the value of the two-wheeler up to a maximum of Rs. 1.5 lakhs.

Honda Dream Neo Loan Process

Availing the loan for buying your dream Honda Dream Neo follows a simple process mentioned below:

  • Begin the process by filling a simple application on Dialabank’s official website.
  • Assemble all the necessary documents required for the loan approval.
  • Authenticate the required documents with Dialabank’s representative.
  • Select the EMI amount from the various options available according to your comfort and follow up with the interest rate as well.
  • Following all the documentation and verification get your loan approval in the quickest.

Contact Dialabank on 9878981166 for exciting offers on loan.

Honda Dream Neo Loan Documents Required

For Salaried Individuals:

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

For Self-Employed Individuals:

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
Required Documents PAN Card
Bank Statement Bank statement of last 3 months

Honda Dream Neo Loan 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 Honda Dream Neo 

The Dream Neo now retails at Rs 50,001 (ex-Delhi).  The bike comes with the same engine that was incorporated into its elder brother, Dream Yuga. The only difference remain in the appearance and styling of the bike.

The entry level 110cc commuter bike caters well to the common people due to its fuel-efficient engine. The bike is seen as a tough competitor for Hero MotoCorp Splendor, TVS Star City and other leading commuters of India.

It comes in five colour schemes with stylish graphics: Alfa Red Metallic, Black with Violet stripes, Pearl Amazing White, Black with Red stripes and Monsoon Grey Metallic. Available in three variants: kick-spoke, kick-alloy and self-alloy, it is priced at Rs. 42,391, Rs. 46,180 and Rs. 48,626 respectively (all prices, ex showroom Delhi).

Honda Dream Neo Specifications

Power & Performance

Engine Type Single Cylinder, 4-Stroke, BS-IV, SI Engine
Displacement 109.19 cc
Max Power 8.42 PS @ 7500 rpm
Max Torque 9.09 Nm @ 5000 rpm
No. of Cylinders 1
Cooling System Air Cooled
Valve Per Cylinder 2
Drive Type Chain Drive
Starting Kick and Self Start
Fuel Supply Carburetor
Clutch Wet, Multi Plate
Ignition Fully Transisterised
Transmission Manual
Gear Box 4 Speed
Bore 50 mm
Stroke 55.6 mm
Compression Ratio 9.9:1
Emission Type bs4
ARAI Mileage 74 kmpl
Max Speed 86 kmph

Breaks,Wheels & Suspension

Tyre Size Front :-80/100-18, Rear :-80/100-18
Tyre Type Tubeless
Wheel Size Front :-457.2 mm,Rear :-457.2 mm
Wheels Type Alloy
Front Brake Drum
Rear Brake Drum
Front Brake Diameter 130 mm
Rear Brake Diameter 130 mm
Radial Tyre Yes
Front Tyre Pressure (Rider) 25 psi
Front Tyre Pressure (Rider & Pillion) 25 psi
Rear Tyre Pressure (Rider) 32 psi

Dimensions & Chassis

Length 2043 mm
Width 737 mm
Height 1084 mm
Fuel Capacity 8 L
Fuel Reserve 2 L
Ground Clearance 179 mm
Wheelbase 1285 mm
Kerb Weight 109 kg
Chassis Diamond

Features

ABS No
Speedometer Analogue
Odometer Analogue
Console Analogue
Pass Switch Yes
Engine Immobilizer Yes
Additional Features Grab Rail, Chrome Plated Muffler Proctor
Stepup Seat With Long Seat
Passenger Footrest Yes

Colours

Imperial Red Metallic Geny Grey Metallic
Honda Dream Neo Loan - red Honda Dream Neo Loan - GREY
Black With Red Stripes Black with Blue Stripes
Honda Dream Neo Loan - black Honda Dream Neo Loan - blue

Loan For Honda Dream Neo FAQ

What is Zero Down payment Bike Loan?

Zero down payment bike loan is a loan wherein the lender will finance the entire cost of the two wheeler you wish to purchase, not requiring you to pay anything upfront. Tata Capital offers 100% of the value of the two wheeler up to a maximum of Rs. 1.5 lakhs.

What are the EMI Options Available on Two Wheeler Loan?

To help you pay your bike loan EMI with ease, the following repayment plans are available –

  • Standard EMI plan – wherein the bike EMI value remains unchanged month after month. This plan is suitable for those with a fixed monthly income which is unlikely to change in the future.
  • Flexi or Structured EMI plan – wherein the two wheeler loan EMI can be customised – generally, the EMI starts out low and gradually increases in the latter half of the tenure. This plan is ideal for them who expect a rise in income in the future.


Menu