Suzuki M1800R 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 |
| 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) |
Suzuki M1800R Loan Advantages
The advantages of a Suzuki M1800R Loan are the following:
- Easy and smooth process
- Quick disbursements
- Reasonable Interest Rate
- Easy repayment method
Suzuki M1800R Loan EMI Calculator
The applicant has the option to know the EMI’s before availing of a Suzuki M1800R Two-wheeler Loan. So, you can easily examine through the link below:
Loan for Suzuki M1800R 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
|
Suzuki M1800R Finance Scheme and Offers
You can get a loan for Suzuki M1800R with an interest rate of 11.83% per annum. Dialabank helps you in providing a loan up to 100% of the Ex-Showroom price.
Suzuki M1800R Loan Process
Getting the loan for Suzuki M1800R is a simple process as follows:
- Online Application: Fill an application form online with Dialabank and submit it.
- Document Submission: Assemble all the necessary documents and upload them online.
- Verification: After the submission of an application form and the required documents. There will be verification of all the documents for any discordance.
- Approval: After the verification with no discrepancies, your loan will approve online.
For more information regarding the Suzuki M1800R Loan, contact at 9878981166.
Suzuki M1800R Loan for 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 |
| Compulsory Documents | PAN Card |
| Bank Statement | Bank statement of last 3 months |
Loan for Suzuki M1800R 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 Suzuki M1800R
By the end of 2020, Honda aims to launch the Suzuki M1800R in India. This will be the first cruiser in the nation for the Japanese brand and is likely to be priced at Rs 4.5 lakh ( ex-showroom). The Suzuki M1800R is powered by a liquid-cooled 471cc parallel-twin engine, which produces 45.5PS at 8500rpm and 44.6Nm at 6000rpm. It is combined with a slip-assist clutch for the 6-speed transmission. A claimed mileage of 26kmpl comes with the Suzuki M1800R.
