Loan For Royal Enfield Bullet Electra Twinspark

 

Royal Enfield Bullet Electra Twinspark Loan Features

Particulars Values
Ex-Showroom Price  ₹ 1,23,450
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 Royal Enfield Bullet Electra Twinspark
  • Easy, fast, and hassle-free process
  • Quick Disbursal of Loan Amount
  • Attractive Rate of Interests
  • Easy and flexible repayment and prepayment policies.

Apply For Two Wheeler Loan

Royal Enfield Bullet Electra Twinspark Loan EMI CalculatorRoyal Enfield Bullet Electra Twinspark Loan

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

Royal Enfield Bullet Electra Twinspark Loan Interest Rate and Charges

Royal Enfield Bullet Electra Twinspark 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)

To check Two Wheeler Loan Interest Rate for all major banks you can visit: Two Wheeler Loan Interest Rate

Royal Enfield Bullet Electra Twinspark Finance Scheme and Offers

A Two-wheeler Loan is available for both new and used Royal Enfield Bullet Electra Twinspark bike with the availability of no down payment loan meaning the lender will finance the entire cost of the two-wheeler.

Dialabank offers 100% of the value of the two-wheeler up to a maximum of Rs. 1.5 lakhs.

Royal Enfield Bullet Electra Twinspark Loan Process

Availing the loan for buying your dream Royal Enfield Bullet Electra Twinspark 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

Royal Enfield Bullet Electra Twinspark Loan Documents Required

For Salaried Individuals:
Category Documents Required
Identity Proof(Any 1) Driving Licence
Aadhaar Card
Passport
Voter ID
Address Proof(Any 1) Driving Licence
Aadhaar Card
Passport
Voter ID
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
Aadhaar Card
Passport
Voter ID
Address Proof(Any 1) Driving Licence
Aadhaar Card
Passport
Voter ID
Compulsory Documents PAN Card
Bank Statement Bank statement of last 3 months

Click here to know more about Two Wheeler Loan Documents Required

Royal Enfield Bullet Electra Twinspark 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

Click here to know more about Two Wheeler Loan Eligibility 

About Royal Enfield Bullet Electra Twinspark

The Electra brings the tradition of Royal Enfield back to the table and is an old-school rugged cruiser. The handle bar has been slightly raised and the retro dials continue to harken at the appeal of the Bullet.

The Bullet Electra Twinspark is powered by a four-stroke single-cylinder 346cc engine. The Unit Construction Engine comes with more power, better fuel economy and is lighter too. It is available in three paint schemes -red, black and grey.

Royal Enfield Bullet Electra Twinspark Specifictions

Ex-Showroom Price  ₹ 1,23,450
Mileage
 
40 Kmpl
Engine Capacity 346.0 CC
Max Power 19.80 bhp @ 5250 rpm
Self Start Yes
Ignition UCAL 29mm, Constant Vacuum Carburettor
Transmission 5 Speed
Fuel Tank Capacity 13.5 L
Max Torque 28 Nm @ 4000 rpm
 

Colors Available In Royal Enfield Bullet Electra Twinspark

Black Red
Royal Enfield Bullet Electra Twinspark Loan Royal Enfield Bullet Electra Twinspark Loan
 

Royal Enfield Bullet Electra Twinspark Loan FAQ

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 at which the interest is charged on the principal amount of the bike loan for a specified tenure is known as the bike loan interest rate. This rate is expressed as a percentage.