Mahindra Flyte Loan Features
Ex-Showroom Price | Rs. 45,160 |
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 Mahindra Flyte
- Easy, fast, and hassle-free process
- Quick Disbursal of Loan Amount
- Attractive Rate of Interests
- Easy and flexible repayment and prepayment policies.
- No strain on personal funds – Buying a two-wheeler is a substantial investment. Instead of draining your funds all together, you can take a loan and payback 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.
Mahindra Flyte Loan EMI Calculator
Use Dialabank’s EMI Calculator to calculate the EMI of your Mahindra Flyte loan.
Mahindra Flyte 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) |
To check Two Wheeler Loan Interest Rate for all major banks you can visit: Two Wheeler Loan Interest Rate
Mahindra Flyte Finance Scheme and Offers
You can get the loan on new as well as on used Mahindra Flyte bike. The interest rate for the new Mahindra Flyte bike is 11.83% per annum.
No down payment Bike Loan is also available 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 complete value of the two-wheeler to a maximum of Rs. 1.5 lakhs for loan.
Mahindra Flyte Loan Process
Getting the loan for purchasing the Mahindra Flyte 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.
Mahindra Flyte Loan Documents Required
For Salaried Individuals:
Category |
Documents Required |
Identity Proof(Any 1) | Driving License Voter ID Passport Aadhaar Card |
Address Proof(Any 1) | Driving License Voter ID Passport Aadhaar Card |
Compulsory Documents | PAN Card |
Bank Statement | Bank statement of last 3 months |
For Self-Employed Individuals:
Category |
Documents Required |
Identity Proof(Any 1) | Driving License Voter ID Passport Aadhaar Card |
Address Proof(Any 1) | Driving License Voter ID Passport Aadhaar Card |
Compulsory Documents | PAN Card |
Bank Statement | Bank statement of last 3 months |
Click here to know more about Two Wheeler Loan Documents Required
Mahindra Flyte 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 |
Click here to know more about Two Wheeler Loan Eligibility
About Mahindra Flyte
Mahindra two-wheelers has a wide range of reliable products for the Indian market and promises a superior performance along with a reliable fuel economy.
This bike is an excellent example essentially being a 125cc scooter with a trendy design. It is packed with interesting features like an external front fuel fill, telescopic shock absorbers and a 4-in-1 anti-theft key that make it even more desirable.
Mahindra Flyte is available across the dealerships in the following four lucrative colours and comes wrapped in generous graphics: Pearl White, Red Oomph, Lavender Groove and Black Mystique.
Mahindra Flyte Specifications
Ex-Showroom Price | Rs. 45,160 |
Mileage | 40 Kmpl |
Engine Type | 4 Stroke |
Power | 8 bhp @ 7000 rpm |
Displacement | 124.6 cc |
Maximum Torque | 9 Nm @ 5500 rpm |
Fuel Capacity | 4.5 L |
Number of Cylinders | 1 |
Mahindra Flyte Colors
PINK | RED |
Mahindra Flyte Loan FAQ
✅ What is the interest rate for getting a Mahindra Flyte Loan Loan?
The interest rate for getting a Mahindra Flyte Loan is 11.83% per annum.
✅ How to calculate EMI for a loan for Mahindra Flyte Loan?
To calculate EMI for Mahindra Flyte Loan, you can use the EMI Calculator
✅ What is the minimum loan amount I can avail of for Mahindra Flyte?
The minimum loan amount you can avail of for Mahindra Flyte is Rs. 10,000.
✅ Can I get a 100% loan of the Ex-Showroom Price for Mahindra Flyte?
Yes, you can get a 100% loan of the Ex-Showroom Price for Mahindra Flyte
✅ How much processing fee charge for getting a Mahindra Flyte Loan?
The processing fee charged for getting a Mahindra Flyte Loan is up to 3% of the loan amount (maximum).
✅ What is the loan tenure for availing of a Mahindra Flyte Loan?
The loan tenure for availing of a Mahindra Flyte Loan is up to 4 years.
✅ How can I be eligible availing of the loan for Mahindra Flyte?
You can get the loan for Mahindra Flyte 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 Mahindra Flyte Loan?
The documents required for getting a Mahindra Flyte Loan are a driving license, aadhar card, PAN Card and the bank statement of your account for the last 3 months, and last 3 salary slips.
✅ 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 customized – 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.
Two Wheeler Loan for Other Bikes