Loan For Bajaj Discover 150

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Loan for Bajaj Discover 150 Details

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 Bajaj Discover 150 Loan

The advantages of a loan for Bajaj Discover 150 are the following:

  • Easy and smooth process
  • Quick disbursements
  • Reasonable Interest Rate
  • Easy repayment method

Loan for Bajaj Discover 150 EMI Calculator

The applicant has the option to know the EMI’s before availing of a Loan for Bajaj Discover 150. So, you can easily check out through the link below:

EMI Calculator

Loan for Bajaj Discover 150 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
Prepayment is not allowed within three months of EMI repayment

Loan for Bajaj Discover 150 Process

Getting the loan for Bajaj Discover 150 is a simple process as follows:

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

For more information regarding the loan for Bajaj Discover 150, contact at 9878981166.

Loan for Bajaj Discover 150 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
Required Documents PAN Card
Bank Statement Bank statement of last 3 months

Loan for Bajaj Discover 150 Eligibility

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

Loan for Bajaj Discover 150 Features

Mileage 63 Kmpl
Clutch Wet Multiplate
Fuel Tank Capacity  8 L
Maximum Power 13 bhp @ 7,500 rpm
Displacement 145 cc
Maximum Torque 13 Nm @5500 rpm
Top Speed 110 Kmph

Loan for Bajaj Discover 150 FAQ

What is the interest rate for Bajaj Discover 150?

The interest rate for Bajaj Discover 150 is 11.83% per annum.

How to calculate EMI for Bajaj Discover 150?

To calculate EMI for Bajaj Discover 150, you can use the EMI Calculator

What is the minimum loan amount I can avail of for Bajaj Discover 150?

The minimum loan amount you can avail of for Bajaj Discover 150 is Rs. 10,000.

Can I get a 100% loan of the Ex-Showroom Price for Bajaj Discover 150?

Yes, you can get a 100% loan of the Ex-Showroom Price for Bajaj Discover 150.

How much processing fee charge for Bajaj Discover 150?

The processing fee charged for Bajaj Discover 150 is up to 3% of the loan amount (maximum).

What is the loan tenure for Bajaj Discover 150?

The loan tenure for Bajaj Discover 150 is up to 4 years.

How can I eligible for the availing of a loan for Bajaj Discover 150?

You can eligible for availing of a loan for Bajaj Discover 150 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).

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