Hero e-Maestro Loan Features
| Two-wheeler Loan Expected Price | ₹ 1 Lakh |
| Loan 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 Hero e-Maestro
- Simple and smooth processing
- Simple disbursement of the loan sum
- Low-Interest interest
- The simple form of repayment
Hero e-Maestro Loan EMI Calculator
If you want to know the EMI values before you use the Hero e-Maestro loan. You may go through the following connection to analyse the EMI values:
Hero e-Maestro Loan Interest Rate and Charges
This table shows two Wheeler Loan Interest Rate with different banks-
| Interest Rate | Starts at 11.83% p.a. |
| Processing Fee | Up to 3% of the loan amount (maximum) |
| Prepayment Charges | From 3% to 10% of the outstanding principal |
| Pre-payment charges | Within 4 to 6 months – 10% of principal outstanding Within 7 to 12 months – 6% of principal outstanding 13-24 months – 5% of principal outstanding Post 24 months – 3% of principal outstanding Prepayment is not allowed within three months of EMI repayment |
Hero e-Maestro Finance Scheme and Offers
You may also take advantage of the bike loan through the payment form. In this, your total loan funding will be given by the bank. The interest rate is 11.83 per cent per year for the Hero e-Maestro loan. Dialabank will help you get a loan of 100 per cent on the ex-showroom amount.
Hero e-Maestro Loan Process
Getting the Hero e-Maestro Loan is a simple process as follows:
- Online Application: You can fill a form with Dialabank and then submit it online.
- Document Submission: You need to gather all the necessary documents and then upload them online.
- Verification: As soon as the submission of documents is completed, then the process of verification of documents starts.
- Approval: After the verification with no discrepancies, your loan will get approved online.
For more information, please contact us at 9878981166.
Hero e-Maestro Loan Documents Required.
Documents Required for Two Wheeler Loan:
1. Salaried Individual
| 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 |
2. Self-Employed Individual
| 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 |
Loan for Hero e-Maestro Eligibility
Two Wheeler Loan Eligibility Guide:
| Age | 21 Years – 65 Years |
| Income | Rs.7,000 PM (For Salaried Individuals) Rs.6,000 PM (For Self-employed Individuals) |
| Nationality | Indian |
Two Wheeler Loan from Major Banks
About Hero e-Maestro
Hero e-Maestro is provided by Hero which is expected to release in December 2020 it is expected to have an engine of 110cc. It will have an electric scooter type concept. It will have an LED tail lamp with an LED headlamp. It will have alloy tubeless tyres on both sides. It is expected to come up with a price of 1 lakh
If you want to get a Hero e-Maestro for you and you are lacking in funds, then Dialabank will provide you with finance so that you can fulfil your wish to get a Hero e-Maestro. You can get a loan for Hero e-Maestro at 11.83% per annum and the lowest EMI.
Hero e-Maestro Specifications
Hero e-Maestro Features
| Expected Price | ₹ 1 Lakh |
| Mileage | – |
| Engine Type | – |
| Fuel Type | Electric |
| Maximum Power | – |
| Displacement | 110cc |
| Maximum Torque | – |
| Kerb weight | – |
| Tyre Type | Tubeless |
| Expected Release | December 2020 |
Hero e-Maestro is available in the following Colours:
| Blue | Black | White |
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Hero e-Maestro Loan FAQ
✅ What is the interest rate for getting a Hero e-Maestro Loan?
The interest rate is 11.83% per annum for getting a Hero e-Maestro.
✅ How to calculate EMI for a loan for Hero e-Maestro?
To calculate EMI for Hero e-Maestro loan, you can use the EMI Calculator
✅ What is the minimum loan amount that I can avail myself of for Hero e-Maestro?
The minimum loan amount is 10,000 that you can have for Hero e-Maestro.
✅ Can I get a 100% loan of the Ex-Showroom Price for Hero e-Maestro?
Yes, you can get a 100% loan for Hero e-Maestro on the ex-showroom price.
✅ How much processing fee charge for getting a Hero e-Maestro?
The processing fee is 3% of the sanctioned loan amount for getting a Hero e-Maestro Loan.
✅ What is the loan tenure for availing of a Hero e-Maestro Loan?
The loan tenure will be of 4 years for availing of a Hero e-Maestro Loan.
✅ How can I be eligible for the availing of a Hero e-Maestro Loan?
You are entitled to obtain a loan from Hero e-Maestro if your age is between 21 and 65 years old, Indian, and your monthly minimum income is Rs. 7,000 (for employees) and Rs. 6,000 (for self-employed).
✅ What are the documents required for getting a Hero e-Maestro Loan?
Documents needed to receive a Hero e-Maestro Loan are a driving licence, aadhar card, PAN card, voter ID, passport, bank statement for the last three months and a payslip for the last three months.
Two Wheeler Loan for Other Bikes
