Honda Shine loan

Honda Shine 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
Two-wheeler 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)

 

Advantages of Loan for Honda Shine

The advantages of a Honda Shine LoanHonda Shine Loan are the following:

  • Easy and hurdle free loan
  • Quick disbursal of the loan amount
  • pocket-friendly Interest Rate
  • Easy payback method

Honda Shine Loan EMI Calculator

The applicant has the option to know the EMI’s before availing of the loan for Honda Shine. So, you can easily examine through the link below:

EMI Calculator

Honda ShineBike Loan Interest Rate and Charges

This table shows Two Wheeler Loan Interest Rate based on several parameters: 

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

 

 

Honda Shine Finance Scheme and Offers

Zero down payment bike loan is also available, which is a loan wherein the bank will finance the whole cost of the Honda Shine you wish to purchase, not requiring you to pay anything upfront.

You can get a loan for Honda Shine with an interest rate of 11.83% per annum. Through Dialabank, you can avail of a loan up to 100% of the Ex-Showroom price to a maximum of Rs. 1.5 lakhs.

Honda Shine Loan Process

Getting the Honda Shine Loan is a simple process as follows:

  1. Online Application: Fill an application form online with Dialabank and submit it.
  2. Document Submission: Gather all the necessary documents and upload them online.
  3. Verification: After the submission of an application form and the required documents. There will be confirmation of all the documents for any discordance.
  4. Approval:  After the confirmation with no discrepancies, your loan will approve online.

For more information regarding the Honda Shine Loan, contact at 9878981166.

Honda Shine Loan Documents Required

Documents Required for Two Wheeler Loan:

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 Honda Shine Eligibility

The following table shows the Two Wheeler Loan Eligibility Criteria:

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 Shine

The shine has a 124 cc BS6 engine with a 5-speed gearbox. The engine generates the power of 10.74 ps. The bike is 115 kg in weight and a fuel tank capacity is 10 liters. The shine has disc brakes in the front-wheel and at back, it has drum brakes.

Honda Shine Specifications

Ex-Showroom Price
Rs. 69,415 – 74,115
Mileage 100 Kmph
Power 10.57 PS @ 7500 rpm
Displacement 124 cc
Max Torque 10.9 N⋅m (8.0 lb-ft)
Fuel Capacity 10 liters
Self Start yes
Rear Brake Disc
Number of Cylinders 1
Tire Type Tubeless/Tube

Honda Shine available in the following Colours:

Rebel Red  Grey New  Black Athletic Blue Metallic
Honda Shine loan Honda Shine loan Honda Shine loan Honda Shine loan

Honda Shine Loan FAQ

What is the interest rate for getting a Honda Shine Loan?

The interest rate for getting a Honda Shine Loan is 11.83% per annum.

How to calculate EMI for a loan for Honda Shine?

To calculate EMI for Honda Shine Loan, you can use the EMI Calculator

What is the minimum loan amount I can avail of for Honda Shine?

The minimum loan amount you can avail of for Honda Shine is Rs. 10,000.

Can I get a 100% loan of the Ex-Showroom Price for Honda Shine?

Yes, you can get a 100% loan of the Ex-Showroom Price for Honda Shine.

How much processing fee charge for getting a Honda Shine Loan?

The processing fee charged for getting a Honda Shine Loan is up to 3% of the loan amount (maximum).

What is the loan tenure for availing of a Honda Shine Loan?

The loan tenure for availing of a Honda ShineLoan is up to 4 years.

How can I eligible for the availing of a loan for Honda Shine?

You can eligible for availing of a loan for Honda Shine if you are between 21 to 65 years, Indian, and minimum monthly income of Rs. 7,000(For Salaried) and Rs. 6,000(For Self-Employed).

What are the documents required for getting a Honda Shine Loan?

The documents required for getting a Honda Shine Loan are a driving license, aadhar card, PAN Card, Voter ID, passport, bank statement of the last 3 months, and salary slips of the last 3 months.

Two Wheeler Loan for Other Bikes

Loan For Bajaj Discover 100 Loan For Bajaj Discover 100 T
Loan For Aprilia Tuono V4 APRC Loan For Aprilia Mana 850 GT ABS
Loan For Bajaj Avenger Loan For Aprilia RSV4 Factory APRC ABS
Loan For Aprilia SRV 850 ABS Loan For Aprilia Mana 850 ABS
Honda CBR500R Loan Honda CBR1000RR-R Loan
Honda Rebel 500 loan Honda Gold Wing Loan
Honda SP 125 Loan Honda Livo Loan
Honda Forza 350 Loan Honda Unicorn Loan