Mahindra Flyte Loan

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Mahindra Flyte Loan Features

Ex-Showroom Price Rs. 45,160
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 Downpayment Option Available Yes

Advantages Of Loan For Mahindra Flyte

Loan for Mahindra Flyte

  • Easy, fast, and hassle-free process
  • Quick Disbursal of Loan Amount
  • Attractive Rate of Interests
  • 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 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 Flyte Loan EMI Calculator

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

Mahindra Flyte 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 Flyte Finance Scheme and Offers

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

No down payment Bike Loan is also available 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 complete value of the two-wheeler to a maximum of Rs. 1.5 lakhs for loan.

Mahindra Flyte Loan Process

Getting the loan for purchasing the Mahindra Flyte 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 Flyte 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

Mahindra Flyte 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 Flyte 

Mahindra two-wheelers has a wide range of reliable products for the Indian market and promises a superior performance along with a reliable fuel economy.

This bike is an excellent example essentially being a 125cc scooter with a trendy design. It is packed with interesting features like an external front fuel fill, telescopic shock absorbers and a 4-in-1 anti-theft key that make it even more desirable.

Mahindra Flyte is available across the dealerships in the following four lucrative colours and comes wrapped in generous graphics: Pearl White, Red Oomph, Lavender Groove and Black Mystique.

Mahindra Flyte Specifications

Ex-Showroom Price Rs. 45,160
Mileage 40 Kmpl
Engine Type 4 Stroke
Power 8 bhp @ 7000 rpm
Displacement 124.6 cc
Maximum Torque 9 Nm @ 5500 rpm
Fuel Capacity 4.5 L
Number of Cylinders  1

Mahindra Flyte Colors

PINK RED
Mahindra Flyte Loan pink Mahindra Flyte Loan red

Mahindra Flyte Loan FAQ

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

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

✅ How to calculate EMI for a loan for Mahindra Flyte Loan?

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

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

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

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

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

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

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

✅ What is the loan tenure for availing of a Mahindra Flyte Loan?

The loan tenure for availing of a Mahindra Flyte Loan is up to 4 years.

 How can I be eligible availing of the loan for Mahindra Flyte?

You can get the loan for Mahindra Flyte if you are between 21 to 65 years, Indian, and minimum monthly income of Rs. 7,000(For Salaried) and Rs. 6,000(For Self-Employed).

✅ What are the documents required for getting a Mahindra Flyte Loan?

The documents required for getting a Mahindra Flyte Loan are a driving license, aadhar card, PAN Card and the bank statement of your account for the last 3 months, and last 3 salary slips.

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

To help you pay your bike loan EMI with ease, the following repayment plans are available –

  • Standard EMI plan – wherein the bike EMI value remains unchanged month after month. 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 them who expect a rise in income in the future.

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