iQube Loan

iQube Loan Features

Ex-Showroom Price ₹1.09 lakhs
 Loan 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)

Advantages of iQube LoaniQube Loan

The advantages of loan for iQube are the following:

  • Easy and smooth process
  • Quick disbursal of the loan amount
  • Reasonable Interest Rate
  • Easy repayment method

iQube Loan EMI Calculator

Applicants can easily know their EMI before availing the loan for XL100. This can be easily done from the below-given link:

EMI Calculator

iQube 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
Pre-payment charges Within 4 to 6 months – 10% of principal outstanding
Within 7 to 12 months – 6% of principal outstanding
13-24 months – 5% of principal outstanding
Post 24 months – 3% of principal outstanding
You can refund instead of repayment

iQube Finance Scheme and Offers

bike loan online are also available with zero down payment. It is a process where the whole cost of the bike is financed by the bank itself.

You can get a loan for XL 100 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.

iQube Loan Process

Getting the TVS XL 100 Loan is a simple process as follows:

  1. Online Application: Fill a form online with Dialabank and submit it.
  2. Document Submission: You need to gather all the necessary documents and submit them online.
  3. Verification: As soon as you fill your form and submit all the necessary documents. These documents will go under a check to find out if there is any kind of discrepancies.
  4. Approval:  After the verification, if there are no discrepancies, your loan will get approved online.

For more information regarding the XL100 Loan, contact at 9878981166.

iQube Loan Documents Required

1. Salaried Individual

some of the two-wheeler loan documents are :

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 Last 3 month’s bank statements

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 Last 3 month’s bank statements

Loan for iQube Eligibility

The two wheeler loan eligibility are:

Age 21 Years – 65 Years
Income Rs.7,000 PM (For Salaried Individuals)
Rs.6,000 PM (For Self-employed Individuals)
Nationality Indian

Two Wheeler Loan from Major Banks

About iQube

TVS iQube is a scooter ready in 1 variant in India. Its price rises from ₹1,31,077 (ex-showroom). TVS iQube needs 5 hrs to get fully charged and can go up to 75 km in one full charge. TVS iQube grows up with front disc and rear drum brakes. This 118 kg scooter is ready in 1 colour.

iQube Specifications

iQube Features

Ex-Showroom Price ₹1.09 lakhs
Mileage 75 Kmpl
Engine Type Hub-Mounted Electric Motor
Fuel Capacity 5 litres
Maximum Power 4,400 W
Self Start Yes
Top Speed 78 km/h

iQube available in the following Colours:

White
iQube Loan

iQube Loan FAQ

What is the interest rate for getting iQube Loan?

The interest rate for car loan provided for the iQube is 11.83% per annum

How to calculate EMI for a loan for iQube?

To calculate EMI before taking a loan, you can use EMI Calculator

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

The minimum amount of loan which can be availed by you for iQube is 10,000.

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

You can get a 100% loan of the ex-showroom price for iQube.

How much processing fee charge for getting iQube?

The charged processing fee is 3% of the sanctioned loan amount

What is the loan tenure for availing of iQube?

For getting the iQube loan the tenure is up to 4 years

How can I eligible for the availing of iQube Loan?

The age required for availing a loan for iQube is between 21-65. The monthly income of a self-employed individual is 6000 and for a salaried individual is 7000.

What are the documents required for getting iQube Loan?

To avail, iQube loan one must have an Aadhar card, driving license, PAN Card, Voter ID, passport, he must also have bank statements of the past 3 months and also salary slips of past 3 months.

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