Car Loan for Honda WRV: Features & Benefits
Interest Rate Honda WRV | 8.50% – 10.5 % Per Annum |
Loan Amount | Upto 100% of the total amount |
Tenure | 12 – 84 Months |
Lowest EMI per Lakh | Rs 1,666 |
Processing Fee | Rs 2,500 – Rs 10,000 |
Prepayment Charges | Varies with Banks |
Honda WRV Car Loan Eligibility Criteria:
Particulars | Details |
Minimum Age of the Applicant | 18 years |
Maximum Age of the Applicant | 60 years for salaried applicants and 65 years for self-employed applicants |
Minimum Annual Income | Rs. 100000 net annual income. for salaried individuals,
and Net profit Rs. 60000 p.m. for Self – Employed individuals |
Car Model | Any approved car model |
Type of Employment | Salaried or self-employed |
Country or Place of Residence | India (rural/semi-urban/urban areas) |
Duration of Stay in Current Residence | A minimum of 1 year |
Honda WRV Car Loan EMI Calculator:
Equal Installment Monthly Payment (EMI for short) refers to the amount that will be paid to the bank / NBFC before the bank repays the loan. Includes the amount paid by the bank to pay Honda WRV * expenses and interest on that amount.
DialaBank provides the ideal car loan EMI calculator for Honda WRV. The EMI calculator will help you make a smart and informed decision about EMI loan amount, interest rate, tenure, and associated costs. The formula to calculate the EMI of is as follows:
EMI = P × r × (1 + r)n/((1 + r)n – 1)
E is EMI
P is Principal Amount
r is the interest rate calculated monthly. (I.e. r = annual interest rate / 12/100. If the interest rate is 10.5% per year, then r = 10.5 / 12/100 = 0.00875)
n is the term/term / loan period, in months
* loan amount Depends on the several conditions mentioned above.
Honda WRV Car Loan Interest Rate, Fees, and Charges
Interest Rate Honda WRV | 8.50% – 10.5 % Per Annum |
Loan Amount | Upto 100% of the total amount |
Tenure | 12 – 84 Months |
Lowest EMI per Lakh | Rs 1,666 |
Processing Fee | Rs 2,500 – Rs 10,000 |
Prepayment Charges | Varies with Banks |
Additional to the charges mentioned above, various fees are associated with car loans- Stamp duty, road tax, loan cancellation fees, bank transfer fees, etc. These different fees are the same for all lenders. However, there may be slight differences, and charges are required by region.
Documents Required for Honda WRV Car Loan:
The documents required for a car loan are as followed:
Identity Proof | Residence Proof | Income Proofs |
Driving License | Copy of Electricity Bill/Water Bill/Telephone Bill | Salary Slips for the last three months |
PAN/ Aadhaar | Copy of valid Passport/Aadhar Card/Driving License | Copy of Form 16 or Income Tax Returns for the last two years |
Voter ID | Copy of Voter ID card | Bank account statements of the last 6 months |
Valid Passport | If self-employed, submit P&L account, Balance sheet |
Honda WRV:
Rs.8.62 – 11.05 Lakh*
*Ex-showroom Price in New Delhi
Honda WR-V Price
Honda WR-V starts at ₹ 10.14 Lakh and extends to ₹ 13.44 Lakh. The petrol-powered version costs between ₹ 10.14 Lakh – ₹ 11.42 Lakh, and the diesel-injected version ranges between ₹ 11.54 Lakh – ₹ 13.44 Lakh.
Versions | On-Road Price | Specifications |
WR-V SV MT Petrol | ₹ 10.14 Lakh | 1199 cc, Petrol, Manual, 16.5 kmpl |
WR-V VX MT Petrol | ₹ 11.42 Lakh | 1199 cc, Petrol, Manual, 16.5 kmpl |
WR-V Exclusive Edition Petrol | ₹ 11.42 Lakh | 1199 cc, Petrol, Manual, 16.5 kmpl |
WR-V SV MT Diesel | ₹ 11.54 Lakh | 1498 cc, Diesel, Manual, 23.7 kmpl |
WR-V VX MT Diesel | ₹ 13.44 Lakh | 1498 cc, Diesel, Manual, 23.7 kmpl |
WR-V Exclusive Edition Diesel | ₹ 13.44 Lakh | 1498 cc, Diesel, Manual, 23.7 kmpl |
Down Payment Required for Honda WRV Car Loan
The prepayment amount affects the interest rate and, therefore, the EMI that one must pay. Please contact a Dialabank Executive for more information on the required down payment amount, as this amount varies by region and bank.
Please Contact Dialabank at 9878981166.
About Honda WRV:
The SUV segment is gaining popularity and market share, and every manufacturer wants a piece of the action. Honda’s champion in the race of affordable SUVs is the WRV. The WRV concept is the basis for the WRV. It isn’t an SUV in the traditional sense; instead, it is a muscled-up cross that provides the SUV experience. It has gone from strength to strength since the BS-6 and is looking to defend its fair share of the market.
The Honda WRV has the looks, a roomy cabin, and a pair of tried-and-true engines. It is an impressive vehicle due to its clear visibility, light controls, and spacious rear seat.
Honda WRV Mileage/Average:
Fuel Type | Transmission | ARAI Mileage |
Diesel
(1498 cc) |
Manual | 23.7 kmpl |
Petrol
(1199 cc) |
Manual | 16.5 kmpl |
How to get Honda WRV Car Loan:
Honda WRV is a great buying decision for customers interested in buying premium cars from reputable automakers. All banks and NBFCs may not be able to provide the value of cars to their customers.
To avoid trouble for interested customers, the easiest way to get a Honda WRV car loan is with the help of Dialabank, India’s first financial aid line.
To apply for a loan:
- Visit our official website at Dialabank
- Call us at 9878981166
What is Honda WRV’s latest on road price?
Honda WRV VX model can be bought for Rs. 10,91,840. This cost includes insurance and RTO charges.
Frequently Asked Questions (FAQs)
✅ Is an automatic transmission available for the Honda WR-V?
No, it does not. There is currently no automatic variant of the Honda WR-V available.
✅ What is the engine power of the Honda WR-V petrol?
The Honda WR-V petrol engine produces 88.50bhp at 6000rpm.
✅How much does Honda WR-V weigh?
The Honda WR-V has a kerb weight of 1087 Kg.
✅What are the manual Honda WR-V variants?
The Honda WR-V is available in six manual variants, three of which are diesel and three of which are petrol. The Manual transmission base variant WR-V SV costs Rs. 8.62 Lakh, while the top Manual variant WR-V VX Diesel costs Rs. 11.05 Lakh.
✅What kinds of airbags are available in the Honda WR-V?
The top model of the Honda WR-V includes driver and passenger airbags.