Mahindra Kine Loan

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Mahindra Kine Loan Features

Ex-Showroom Price ₹36,050
 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 Kine

Mahindra Kine Loan

  • Easy, fast, and hassle-free process
  • Quick Disbursal of Loan Amount
  • Attractive Rate of Interests
  • Easy and flexible repayment and prepayment policies.

Mahindra Kine Loan EMI Calculator

Use the EMI Calculator by Dialabank to calculate the EMI of your loan.

Mahindra Kine Loan Interest Rate and Charges

          Mahindra Kine TWL Loan Interest Rate
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 Kine Finance Scheme and Offers

The Mahindra Kine Loan can be availed for both first and second hand bikes with no down payment with the lender financing the entire cost of the two-wheeler.

Dialabank offers complete value of the two-wheeler up to a maximum of Rs. 1.5 lakhs.

Mahindra Kine Loan Process

Getting the Mahindra Kine loan follows a simple process mentioned below:

  1. Visit Dialabank.
  2. Go to the loan section and click on the Two Wheeler loan link.
  3. Check the eligibility criteria, prepare all the necessary documents, and fill a user-friendly online application form.
  4. One of our relationship managers will soon get in touch with you to authenticate the required documents for further process.
  5. Select the EMI amount from the various options available according to your comfort
  6. If there are no discrepancies found, following all the documentation and verification, get your loan approval in the quickest.
  7. For more information and free guidance, you may call on +919878981166

Mahindra Kine 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 Kine Loan Eligibility

                      Eligibility Criteria

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 Kine Bike 

Mahindra launched its exciting, two-stroke Kine sensing and eagerly fulfilling the requirements of our female demographic and short-heighted riders. Displaying a sleek body design and wrapped in attractive graphics, the scooter gets its power from a 71.5cc, two-stroke mill that produces 3.75 of power and 5Nm of torque.

Mahindra Kine can be sought in four glorious colors: Racy Red, Pearl White, Groovy Lavender, and Midnight Black. It is a unique offering in lightweight for the two-stroke scooter market.

Mahindra Kine Specifications

Ex-Showroom Price  ₹ 36,050
Engine Type Air Cooled, 2 Stroke Spark Ignition
Displacement 71.5 cc
Max Power 3.8 bhp @ 5500 rpm
Max Torque 5.0 Nm @ 4500 rpm
Cooling System Air Cooled
Self-Starting Yes
ARAI Mileage 55 Kmpl
Max Speed 60 Kmph
Tire Type Tube

Mahindra Kine Colors

Red Black Pink
Mahindra Kine Loan Mahindra Kine Loan Mahindra Kine Loan

Mahindra Kine Loan FAQ

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

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

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

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

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

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

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

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

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

The tenure of the Mahindra Kine Loan can be up to 4 years.

 How can I eligible for the availing of a loan for Mahindra Kine?

You can eligible for availing of a loan for Mahindra Kine 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).

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