Honda Dream Neo Loan Features
Ex-Showroom Price | Rs. 52,850 |
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 Down payment Option Available | Yes |
Advantages Of Loan For Honda Dream Neo
- Easy, fast, and hassle-free process
- Quick Disbursal of Loan Amount
- Attractive Rate of Interests
- Easy and flexible repayment and prepayment policies.
- No public transport hassles – You can forget about starting your day with long queues to catch a bus, metro, local train, or auto rickshaw. Drive as and when you please without such hassles.
- No strain on personal funds – Buying the Honda Dream Neo is a considerable investment. Instead of draining your savings, you can take the Honda Dream Neo Loan and pay back in easy EMIs over a comfortable period.
Honda Dream Neo Loan EMI Calculator
Use Dialabank’s EMI Calculator to calculate the EMI of your Honda Dream Neo Loan.
Honda Dream Neo Loan Interest Rate and Charges
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
Honda Dream Neo Finance Scheme and Offers
One can avail of the Honda Dream Neo loan on a new as well as on a second-hand purchase of the Honda Dream Neo. The interest rate for the new Honda Dream Neo bike is 11.83% per annum.
No down payment Honda Dream Neo Loan is available wherein the lender shall be financing the complete cost of the Honda Dream Neo, not require any upfront payment.
Dialabank offers 100% of the Honda Dream Neo up to a maximum of Rs. 1.5 lakhs.
Honda Dream Neo Loan Process
Getting the Honda Dream Neo Loan follows a simple process mentioned below:
- Begin the process by filling a simple application on Dialabank’s official website.
- Assemble all the necessary documents required for the loan approval.
- Authenticate the required documents with Dialabank’s representative.
- Select the EMI amount from the various options available according to your comfort and follow up with the interest rate as well.
- Following all the documentation and verification get your loan approval in the quickest.
Contact Dialabank on 9878981166 for exciting offers on loan.
Honda Dream Neo Loan Documents Required
For Salaried Individuals:
Category |
Documents Required |
Identity Proof(Any 1) | Driving Licence Voter ID Passport Aadhaar Card |
Address Proof(Any 1) | Driving Licence Voter ID Passport Aadhaar Card |
Compulsory Documents | PAN Card |
Bank Statement | Bank statement of last 3 months |
For Self-Employed Individuals:
Category |
Documents Required |
Identity Proof(Any 1) | Driving License Voter ID Passport Aadhaar Card |
Address Proof(Any 1) | Driving License Voter ID Passport Aadhaar Card |
Compulsory Documents | PAN Card |
Bank Statement | Bank statement of last 3 months |
Click here to know more about Two Wheeler Loan Documents Required
Honda Dream Neo Loan Eligibility
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 Honda Dream Neo
The Dream Neo now retails at Rs 50,001. The bike comes with the same engine that was incorporated into its older model, Dream Yuga. The only difference remains in the appearance and styling of the bike.
The beginner-oriented 110cc commuter bike caters specifically to the common people owing to its fuel-efficient engine and design. It is seen as a difficult competitor for the Hero MotoCorp Splendor, TVS Star City, and other such leading automobiles of India.
The Honda Dream Neo is available in five color lucrative schemes with stylish graphics: Black with Violet Stripes, Pearl Amazing White, Alfa Red Metallic, Black with Red stripes, and Monsoon Grey Metallic. Available in three designs: kick-spoke, kick-alloy, and self-alloy, and is priced at Rs. 42,391, Rs. 46,180 and Rs. 48,626 respectively (all prices, ex-showroom Delhi).
Honda Dream Neo Specifications
Engine Type | Single Cylinder, 4-Stroke, BS-IV, SI Engine |
Displacement | 109.19 cc |
Max Power | 8.42 PS @ 7500 rpm |
Max Torque | 9.09 Nm @ 5000 rpm |
No. of Cylinders | 1 |
Starting | Kick and Self Start |
Compression Ratio | 9.9:1 |
ARAI Mileage | 74 kmpl |
Max Speed | 86 kmph |
Honda Dream Neo Colors
Imperial Red Metallic | Geny Grey Metallic |
Black With Red Stripes | Black with Blue Stripes |
Honda Dream Neo Loan FAQ
✅ How much processing fee charge for getting a Honda Dream Neo Loan?
The processing fee for getting the Honda Dream Neo Loan can be up to 3% of the loan amount (maximum).
✅ What is the loan tenure for availing of a Honda Dream Neo Loan?
The loan tenure for availing of a Honda Dream Neo Loan is up to 4 years.
✅ How can I be eligible for availing a loan for Honda Dream Neo?
You are eligible for availing of the Honda Dream Neo Loan if you are-
- Between 21 to 65 years
- Indian National
- Minimum monthly income of Rs. 7,000 (For Salaried) and Rs. 6,000 (For Self-Employed).
✅ What are the documents required for getting a Honda Dream Neo Loan?
The documents required for getting a Honda Dream Neo Loan are a driving license, aadhar card, PAN Card, Voter ID, passport, bank statement of the last 3 months, and salary slips of the last 3 months.
✅What is a Zero Down payment Bike Loan?
Zero down payment bike loan is where the banks will finance the entire cost of the automobile you wish to purchase, not requiring you to pay anything upfront.