Mahindra Centuro Loan Features
| Ex-Showroom Price | Rs. 54000 |
| 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 Down payment Option Available | Yes |
Advantages of Loan for Mahindra Centuro
Easy, fast, and hassle-free process- Quick Disbursal of Loan Amount
- Attractive Rate of Interests
- Easy and flexible repayment and prepayment policies.
- No public transport hassles – You can forget about starting your day with long queues to catch a bus, metro, local train, or auto rickshaw. Drive as and when you please without such hassles.
- No strain on personal funds – Buying a two-wheeler is a substantial investment. Instead of draining your funds altogether, you can take a loan and pay it back 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.
Loan For Mahindra Centuro EMI Calculator
Use Dialabank’s EMI Calculator to calculate the EMI of your Mahindra Centuro loan.
Mahindra Centuro 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 Centuro Finance Scheme and Offers
The loan is available on a brand new and second Mahindra Centuro bike with 11.83% per annum of interest.
The option of no down payment bike loan is also made available wherein the lender will finance the entire cost of the two-wheeler, not requiring you to pay anything upfront.
Dialabank offers a 100% loan opportunity for the two-wheeler up to a maximum of Rs. 1.5 lakhs.
Mahindra Centuro Loan Process
Getting the Mahindra Centuro Loan requires a simple process as 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 Centuro 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 Centuro 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 Centuro
Mahindra Centuro is among the most feature-intensive motorcycles in its respective category. The bike has a classic commuter styling with a distinct ‘Golden Ribs’ design element added to expand its glorious look.
It also comes with a brushed metal finish in the plastic panels on the sides and on the fly screen for added premiums.
Mahindra Centuro Specifications
| Ex-Showroom Price | Rs. 54000 |
| Mileage (ARAI) | 85.4 kmpl |
| Displacement | 106.7 cc |
| Engine Type | Single Cylinder, 4-Stroke, MCi-5 Engine |
| No. of Cylinders | 1 |
| Max Power | 8.5 PS @ 7500 rpm |
| Max Torque | 8.5 Nm @ 5500 rpm |
| Front Brake | Disc |
| Rear Brake | Drum |
| Fuel Capacity | 12.7 L |
Mahindra Centuro Colors
| Silver | Black | Red |
 |
 |
 |
Mahindra Centuro Loan FAQ
✅ What is the interest rate for getting a Mahindra Centuro Loan?
The interest rate for getting a Mahindra Centuro Loan is 11.83% per annum.
✅ How to calculate EMI for a loan for Mahindra Centuro?
To calculate EMI for Mahindra Centuro Loan, you can use the EMI Calculator
✅ What is the minimum loan amount I can avail of for Mahindra Centuro?
The minimum loan amount you can avail of for Mahindra Centuro is Rs. 10,000.
✅What are the EMI Options Available on Two Wheeler Loan?
A simple way to pay your EMI on time is to choose your own customized plan:
-
Standard EMI plan – The bike EMI value shall remain fixed.
-
Flexi or Structured EMI plan – The two-wheeler loan EMI has the option to be customized – generally, the EMI begins low and is gradually incremented in the latter half.
✅Two Wheeler Loan Interest Rates and Charges
The basic charge on a two-wheeler loan is that of the interest. The rate at which it is charged on the principal amount of the loan for a specified tenure is known as the bike loan interest rate. This rate is expressed as a percentage.
Two Wheeler Loan for Other Bikes
