Mahindra Rodeo RZ Loan

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Drive Home Happiness

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

Mahindra Rodeo RZ Loan Features

Particulars Values
Ex-Showroom Price  ₹ 50,050
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 Down payment Option Available Yes

Advantages of Loan for Mahindra Rodeo RZ

Mahindra Rodeo RZ Loan

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

Mahindra Rodeo RZ Loan EMI Calculator

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

Mahindra Rodeo RZ 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 Rodeo RZ Finance Scheme and Offers

A Two-wheeler Loan is available for both new and used Mahindra Rodeo RZ bike with the availability of no down payment loan meaning the lender will finance the entire cost of the two-wheeler.

Dialabank provides up to a limit of Rs. 1.5 lakhs for 100 percent of the valuation of the two-wheeler.

Mahindra Rodeo RZ Loan Process

Availing the loan for buying your dream Mahindra Rodeo RZ 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 Rodeo RZ 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 Rodeo RZ 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 Rodeo RZ 

Mahindra Rodeo is a feature-loaded unisex scooterette targeted at young buyers looking for a peppy city runabout. It has performed well in the market and is one of the better designed scooters on sale today.

The Rodeo features a sleek rider gui that is available in seven backlight colours with a digital speedometer. The tachometer, fuel gauge, alarm and acceleration timer are all part of the digital console, and a mobile phone charger is also included.

Mahindra Rodeo RZ  Specifications

Ex-Showroom Price  ₹ 50,050
Engine Type 4 Stroke
Displacement 124.6 cc
Max Power 8 bhp @ 7000 rpm
Max Torque 9 Nm @ 5500 rpm
No. of Cylinders 1
Self-Starting Yes
ARAI Mileage 59 Kmpl
Max Speed 80 Kmph
Acceleration (0-60 Kmph) 9.4s

Mahindra Rodez RZ Colours

Bolt Black Velocity White
Mahindra Rodez RZ Loan Mahindra Rodeo RZ Loan
Victory Violet Racetrack Black
Mahindra Rodeo RZ Loan Mahindra Rodeo RZ Loan

Mahindra Rodeo RZ Loan FAQ

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

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

✅ How to calculate EMI for a loan for Mahindra Rodeo RZ?

To calculate EMI for TVSVictor Loan, you can use the EMI Calculator

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

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

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

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

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

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

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

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

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

You can eligible for availing of a loan for Mahindra Rodeo RZ 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 Rodeo RZ Loan?

The documents required for getting a Mahindra Rodeo RZ Loan are a driving license, aadhar card, PAN Card, Voter ID, passport, bank statement of the last 3 months, and salary slips of the last 3 months.

✅ 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 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.

✅ Two Wheeler Loan Interest Rates and Charges

The most basic charge applicable on a two wheeler loan is that of the interest. The rate where interest also on loan balance of the bike loan is paid for the specified duration is known as the exchange rate on the bike lender. This efficiency is defined in terms of a percentage.

Two Wheeler Loan for Other Bikes

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