Mahindra Two Wheelers Ltd Two Wheeler Loan

Mahindra Two Wheelers Ltd Two Wheeler Loan Features

Mahindra Two Wheelers Ltd Two Wheeler Loan Interest Rate	7.85%
Maximum Loan Amount	Rs.1 lakh
Minimum Loan Amount	Rs.10,000
Income	Rs.10,000 Min Income Required
Repayment Period	Up to 48 Months
Mahindra Two Wheelers Ltd Two Wheeler Loan Processing Fee	At the discretion of the company
Prepayment Charges	At the discretion of the company

Benefits of availing Mahindra Two Wheelers Ltd Two Wheeler Loan

Mahindra Two Wheelers Ltd Two Wheeler Loan Amount	95% of the vehicle’s price
Repayment Period	up to a tenure of 4 years
Loan Approval	24 to 48 hours
Flexible Loan Amount	Rs.10,000 and Rs.1 lakh
Quick Decisioning	only 15 minutes

A portion of the highlights of profiting a Mahindra Two Wheelers Ltd bike credit are:

• You can profit a credit sum running somewhere in the range of Rs.10,000 and Rs.1 lakh.
• You can profit up to 95% of the expense of the bike vehicle.
• The loan cost offered is low and moderate.
• Residency of as long as four years for the installment of your EMIs
• Salaried, independently employed, and others can apply for a bike credit from Mahindra Two Wheelers Ltd.

Advantage of availing a Mahindra Two Wheelers Ltd two-wheeler loan

A portion of the upsides of profiting a bike advance from Mahindra Two Wheelers Ltd are:

• Credit measure of up to Rs.1 lakh can profit
• Serious paces of interest
• Different residency choices accessible
• Least documentation required
• A few reimbursement modes accessible
• Snappy and bother free preparing of your application structure and records.

Mahindra Two Wheelers Ltd Two Wheeler Loan Interest Rates With Other Banks

SBI	15.55 to16.55%	₹ 352 for 3 years
HDFC Bank	13.50 to14.50%	₹ 273 for 4 years
PNB	10.20 to 11.20%	₹ 216 for 5 years
Bajaj Auto Finance	11.10 to 12.10%	₹ 330 for 3 years
IndusInd Bank	11.50 to 12.50%	₹ 332 for 3 years
Allahabad Bank	11.30 to 12.30%	₹ 262 for 4 years
Andhra Bank	9.85 to 10.85%	₹ 214 for 5 years

Mahindra Two Wheelers Ltd Two Wheeler Loan EMI Calculator

You can visit the Dialabank website and avail of the two-wheeler loan EMI calculator to check the EMI you will have to pay monthly based on the loan amount availed by you, repayment tenure, and the rate of interest charged by the organization.

Mahindra Two Wheelers Ltd Two Wheeler Loan Eligibility Criteria 

Age	Above 18 years
Monthly Income	Minimum Rs. 10,000
Nationality	Indian
For Self – Employed Applicants	the minimum duration of 1 year
For Salaried Applicants	6 months of employment

Mahindra Two Wheelers Ltd Two Wheeler Loan Documents Required

The accompanying archives are required while applying for a Mahindra Two Wheelers Ltd bike credit:

• Correctly filled application structure with a solitary visa estimated photo.
• Personality confirmation, including IDs, gave by the administration, Passport, Driving License, Voter’s ID, and so on.
• Pay verification, for example, Salary Certificate, ITR or Form – 16 or anything filling in as pay confirmation for both salaried and independently employed candidates.
• Veritable KYC archives.

How to apply for a Mahindra Two Wheelers Ltd two-wheeler loan

Online Process

Given beneath are the means you should continue to apply for a bike advance from Dialabank:

• Visit the official site of Dialabank
• On the upper right-hand side of the page, click on ‘Apply Now.’
• Fill all the necessary subtleties in the application structure and select the Mahindra Two Wheelers Ltd vendor from where you wish to buy the bike vehicle.
• Select the checkbox to consent to the ‘Terms and Conditions’ and click on ‘Apply Now.’
• When your application structure is presented, an agent from the organization will connect with you.

Offline Process

You can apply for a bike credit by visiting the closest Mahindra Two Wheelers Ltd vendor. Ensure you convey all the essential archives alongside you. A delegate will connect with you and will take you through the way toward applying for a bike advance. Fill the application frame and submit it alongside the archives. On the off chance that the records and subtleties in the structure are right, the agent will at that point reach you and will additionally assist you with the bike credit measure.

Mahindra Two Wheelers Ltd Two Wheeler Loan Agent and Contact No.

DialaBank is the primary agent that will help you to find the best deals for your two-wheeler loan of Mahindra Two Wheelers Ltd and for more information you can directly contact on this number +919878981166

About Mahindra Two Wheelers Ltd

For Mahindra two-wheelers, the first half of the current fiscal was not successful as the company sold only 2463 two-wheeler units in six months, reporting a decrease of 73.69 percent in revenue. In September last year, the company announced its exit from the mass-market two-wheeler segment and now plans to concentrate more on luxury bikes.

FAQs About Mahindra Two Wheelers Ltd Two Wheeler Loan

✅Can I change my loan amount or loan tenure after the loan has been disbursed?

While you can make changes in your credit sum or advance residency during the application cycle by connecting with the bank agent, you are not permitted to make changes in the advance reimbursement residency or advance sum after the advance has been dispensed.

✅Is there an option to pay my EMIs online?

Mahindra Two Wheelers Ltd Credit has a possibility for an online installment of EMI on the official site which you can use to make online installments whenever the timing is ideal effectively.

✅Is there any collateral or security that has to be submitted for the loan to be approved?

No, for the credit to be endorsed, all you require to submit are your KYC records. When the advance has been dispensed, your vehicle will be hypothecated to Mahindra Two Wheelers Ltd Credit and will remain that path until you have entirely reimbursed the advance.

✅How much down-payment should I pay?

Your upfront installment, or edge cash, is the distinction between the credit sum that is endorsed to you and the on-street cost of the bicycle that you have picked. Since Mahindra Two Wheelers Ltd Credit presents to 95% of the on-road cost of the bicycle as the advance sum, this won’t be an immense sum for you to pay.