Mahindra Duro DZ Loan Features
| Ex-Showroom Price | ₹46,000 |
| 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 Loan For Mahindra Duro DZ
Attractive Rate of Interests- Easy, fast, and hassle-free process
- Quick Disbursal of Loan Amount
- 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 altogether, you can take a loan and pay 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.
Mahindra Duro DZ Loan EMI Calculator
Use Dialabank’s EMI Calculator for calculating the EMI of your loan.
Mahindra Duro DZ 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 Duro DZ Finance Scheme and Offers
One can get the loan on a new as well as a used Mahindra Duro DZ bike. The interest rate for the new Mahindra Duro DZ bike is 11.83% per annum.
The zero down payment option will be of great advantage as the buyer would not have to pay any amount upfront. Besides, Dialabank will ensure a 100 % loan amount up to a maximum of 1.5lakhs.
Mahindra Duro DZ Loan Process
Getting a loan for purchasing your dream Mahindra Duro DZ follows a hassle-free 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 Duro DZ 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 Duro DZ 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
Mahindra Duro DZ Specifications
| Ex-Showroom Price | ₹46,000 |
| Engine Type | 4 Stroke |
| Displacement | 124.6 cc |
| Max Power | 8 bhp @7000 rpm |
| Max Torque | 9 Nm @ 5500 rpm |
| No. of Cylinders | 1 |
| Tyre Type | Tube |
| ARAI Mileage | 56.25 Kmpl |
| Max Speed | 80 Kmph |
| Acceleration (0-60 Kmph) | 8.2s |
Mahindra Duro DZ Colors
| Magenta | White |
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Mahindra Duro DZ Loan FAQ
✅ What is a Zero Down payment Bike Loan?
Zero down payment bike loan is the kind when the banker finances the complete cost of the bike, not requiring you to pay anything upfront.
✅ What are the EMI Options Available on Two Wheeler Loan?
The easy way to pay your EMI on time is to choose your customized plan:
- Standard EMI plan – wherein the bike EMI value remains fixed monthly. 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 those who expect a rise in income in the future.
✅ What is the interest rate for getting a Mahindra Duro DZ Loan?
The interest rate for getting a TVS Victor Loan is 11.83% per annum.
✅ How to calculate EMI for a loan for Mahindra Duro DZ?
To calculate EMI for Mahindra Duro DZ Loan, you can use the EMI Calculator
✅ What is the minimum loan amount I can avail of for Mahindra Duro DZ?
The minimum loan amount you can avail of for Mahindra Duro DZ is Rs. 10,000.
✅ Can I get a 100% loan of the Ex-Showroom Price for Mahindra Duro DZ?
Yes, you can get a 100% loan of the Ex-Showroom Price for Mahindra Duro DZ.
✅ How much is the processing fee charged for getting a Mahindra Duro DZ Loan?
The processing fee charged for getting a Mahindra Duro DZ Loan is up to 3% of the loan amount (maximum).
✅ What is the loan tenure for the availing of a Mahindra Duro DZ Loan?
The loan tenure for availing of a Mahindra Duro DZ Loan is up to 4 years.
