Mahindra Duro Loan

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.

Drive Home Happiness

Attractive Rate of Interest
Loan Approval in 4 Hours
Tenure Up to 48 Months
Doorstep Service
Unbiased Experts Advice

Mahindra Duro 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

  • Mahindra Duro LoanEasy, 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 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 Duro Loan EMI Calculator

Use Dialabank’s EMI Calculator to calculate the EMI of your loan.

Mahindra Duro Bike 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)

Mahindra Duro Finance Scheme and Offers

You can get the loan on new as well as on used Mahindra Duro bike. The interest rate for the new Mahindra Duro bike is 11.83% per annum.

Zero down payment bike loan also available which is a loan 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 100% of the value of the two-wheeler up to a maximum of Rs. 1.5 lakhs.

Mahindra Duro Loan Process

Availing the loan for buying your dream Mahindra Duro 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 Duro Loan Documents Required

For Salaried Individuals:

Category Documents Required
Identity Proof(Any 1) Driving Licence
Voter ID
Passport
Aadhaar Card
Address Proof(Any 1) Driving Licence
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 Licence
Voter ID
Passport
Aadhaar Card
Address Proof(Any 1) Driving Licence
Voter ID
Passport
Aadhaar Card
Compulsory Documents PAN Card
Bank Statement Bank statement of last 3 months

Mahindra Duro 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

About Mahindra Duro 

Last major update to the Mahindra Duro was given in 2012, which was launched at the Auto Expo. The new update got a superior, powerful 125 cc engine which provides better instant pick-up and multi-terrain acceleration, making it easier for you to carry loads, even on steep inclines and in tough road conditions.

Dual Curve Digital Ignition System, which delivers a mileage superior to other 125 cc scooters. Advanced Telescopic Suspension, which ensures a smooth ride on the toughest terrain. 

The long wheelbase and improved braking system offering better safety & stability on the road. A broad halogen lamp to provide a wider range and depth invisibility. An under-seat storage capacity of 20L, one of the largest in its segment in addition to built-in front storage. Rear Brake lock lever for safety & parking on inclines.

Mahindra Duro 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
Cooling System Air Cooled
Mileage 56.25 Kmpl
Max Speed 80 Kmph

Mahindra Duro available in the following Colours:

Magenta White
Mahindra Duro Loan - purple Mahindra Duro Loan white
Bolt Black Derby Red
Mahindra Duro Loan - black Mahindra Centuro Loan red

Mahindra Duro Loan FAQs

✅ What is Zero Down payment Bike Loan?

Zero down payment bike loan is a where the banker will finance the entire cost of the two-wheeler you wish to purchase, not requiring you to pay anything upfront.

✅ What are the EMI Options Available on Two Wheeler Loan?

Easy way to pay your EMI 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 customised – 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. 

✅ What is the interest rate for getting a Mahindra Duro Loan?

The interest rate for getting a Mahindra Duro Loan is 11.83% per annum.

✅ How to calculate EMI for a loan for Mahindra Duro?

To calculate EMI for Mahindra Duro Loan, you can use the EMI Calculator

✅ What is the minimum loan amount I can avail of for Mahindra Duro?

The minimum loan amount you can avail of for Mahindra Duro is Rs. 10,000.

✅ Can I get a 100% loan of the Ex-Showroom Price for Mahindra Duro?

Yes, you can get a 100% loan of the Ex-Showroom Price for Mahindra Duro.

✅ How much processing fee charge for getting a Mahindra Duro Loan?

The processing fee charged for getting a Mahindra Duro Loan is up to 3% of the loan amount (maximum)


Two Wheeler Loan for Other Bikes

Loan For Kawasaki Ninja 300 Loan For Hyosung GT650R
Loan For Kawasaki Ninja ZX-14R Loan For Hyosung Aquila Pro650
Loan For Kawasaki Z1000 Loan For Honda Dream Yuga
Loan For Hyosung ST7 Loan For Kawasaki Ninja 1000
 
Menu