Honda CBR500R Loan Features
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 Honda CBR500R Loan
- Easy processing and simple loans
- Few basic documents are required
- The perks of getting longer loan tenures
- Multi-dimensional loan repayment options
Honda CBR500R Loan EMI Calculator
Use the EMI Calculator by Dialabank to calculate the EMI of your loan.
Honda CBR500R Loan Interest Rate and Charges
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
|
Honda CBR500R Loan Scheme and Offers
In addition to the option of no down payment loan, a bike loan online is available for both new and used Honda CBR500R, which means that the lender can under some circumstances fund 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.
Honda CBR500R Loan Process
To avail of a Honda CBR500R Loan you need to go through these basic steps for approval:
- Visit Dialabank.
- Navigate through the loan section and click on the Two Wheeler loan link.
- Take a look at eligibility criteria, prepare all the necessary documents, and fill a user-friendly online application form.
- One of our relationship managers will soon get in touch with you to authenticate the required documents for further process.
- Select the EMI amount from the various options available as per your convenience.
- If there is no loophole found, following all the documentation and verification, get your loan approval in the quickest.
- For further assistance, you may call on +919878981166.
Honda CBR500R Loan Documents Required
For Salaried Individuals:
some of the two-wheeler loan documents are :
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 |
Honda CBR500R Loan Eligibility:
The two wheeler loan eligibility are:
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 Honda CBR500R
The Honda CBR500R has been updated globally to comply with upcoming Euro 5 emission norms, meaning that it now also meets our own BS6 emission standards. It is likely to be launched in India in 2021. It will be Honda’s first parallel-twin-fair motorcycle to be introduced in India, and the Kawasaki Ninja 400 will go head-to-head with it. A 471cc parallel-twin liquid-cooled engine that churns out 47.5PS at 8600rpm and 43Nm at 6500rpm is powered by the Honda CBR500R. It operates with an assist and slipper clutch 6-speed transmission.
Honda CBR500R Specifications
Ex-Showroom Price |
₹ 71,108
|
Mileage | 28.6 Kmpl |
Power | 46.9 HP @ 8600 rpm |
Displacement | 471 cc |
Max Torque | 43 Nm @ 6500 rpm |
Fuel Capacity | 17.1 litres |
Self Start | yes |
Rear Brake | Disc |
Number of Cylinders | 2 |
Tire Type | Tubeless |
Honda CBR500R available in the following Colors:
Grand Prix Red | Matte Axis Black Metallic | Pearl Metalloid White |
Honda CBR500R Loan FAQs
✅ What is the interest rate for getting a loan for Honda CBR500R?
The interest rate for car loan for getting a Honda CBR500R Loan is 11.83% per annum.
✅ How to calculate EMI for a loan for Honda CBR500R?
To calculate EMI for Honda CBR500R Loan, you can use the EMI Calculator.
✅ What is the minimum loan amount I can avail of for the Honda CBR500R?
The minimum loan amount you can avail of for Honda CBR500R is Rs. 10,000.
✅ Can I get a 100% loan of the Ex-Showroom Price for Honda CBR500R?
Yes, you can get a 100% loan of the Ex-Showroom Price for Honda CBR500R.
✅ How much processing fee charge for getting a loan for Honda CBR500R?
The processing fee charged for getting a loan for Honda CBR500R is up to 3% of the loan amount (maximum).
✅ What is the loan tenure for the availing of a loan for Honda CBR500R?
The loan tenure for availing of a loan for Honda CBR500R is up to 4 years.
✅ How can I eligible for the availing of a Honda CBR500R Loan?
You can eligible for availing of a loan for Honda CBR500R 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).
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