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
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 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 Mahindra Duro 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) |
To check Two Wheeler Loan Interest Rate for all major banks you can visit: Two Wheeler Loan Interest Rate
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.
No down payment option, which is a loan wherein the entire cost of the two-wheeler you wish to purchase will be financed by the lender, not requiring any payment upfront.
Dialabank provides you with a 100% loan amount up to 1.5 lakhs.
Mahindra Duro Loan Process
Getting the loan for purchasing the Mahindra Duro follows a simple and hassle-free process as mentioned:
- 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 |
Click here to know more about Two Wheeler Loan Documents Required
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 |
Click here to know more about Two Wheeler Loan Eligibility
About Mahindra Duro
Last major update to the Mahindra Duro was given in 2012, which was launched at the Automotive vehicle Expo. The new update got a superior, powerful 125 cc engine which provides higher instant pick-up and multi-terrain acceleration, creating ease in carrying loads, even on steep inclines and in robust conditions.
The long wheelbase and updated braking system offers a better safety & stability on the road. A wide halogen lamp provides a wider range and depth invisibility.
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 |
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| Bolt Black | Derby Red |
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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:
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Standard EMI plan – People with a fixed future income can opt for this plan which provides fixed monthly EMI including interest.
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Flexi or Structured EMI plan – This plan is for people who expect rise in income and want a gradual increase in the amount of EMI.
✅ 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)
