Mahindra Kine Loan Features
Ex-Showroom Price | ₹36,050 |
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 Mahindra Kine
- Easy, fast, and hassle-free process
- Quick Disbursal of Loan Amount
- Attractive Rate of Interests
- Easy and flexible repayment and prepayment policies.
Mahindra Kine Loan EMI Calculator
Use the EMI Calculator by Dialabank to calculate the EMI of your loan.
Mahindra Kine Loan Interest Rate and Charges
Mahindra Kine 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
Mahindra Kine Finance Scheme and Offers
The Mahindra Kine Loan can be availed for both first and second hand bikes with no down payment with the lender financing the entire cost of the two-wheeler.
Dialabank offers complete value of the two-wheeler up to a maximum of Rs. 1.5 lakhs.
Mahindra Kine Loan Process
Getting the Mahindra Kine loan follows a simple process mentioned below:
- Visit Dialabank.
- Go to the loan section and click on the Two Wheeler loan link.
- Check the 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 according to your comfort
- If there are no discrepancies found, following all the documentation and verification, get your loan approval in the quickest.
- For more information and free guidance, you may call on +919878981166
Mahindra Kine Loan Documents Required
For Salaried 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 |
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
Mahindra Kine 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 Mahindra Kine Bike
Mahindra launched its exciting, two-stroke Kine sensing and eagerly fulfilling the requirements of our female demographic and short-heighted riders. Displaying a sleek body design and wrapped in attractive graphics, the scooter gets its power from a 71.5cc, two-stroke mill that produces 3.75 of power and 5Nm of torque.
Mahindra Kine can be sought in four glorious colors: Racy Red, Pearl White, Groovy Lavender, and Midnight Black. It is a unique offering in lightweight for the two-stroke scooter market.
Mahindra Kine Specifications
Ex-Showroom Price | ₹ 36,050 |
Engine Type | Air Cooled, 2 Stroke Spark Ignition |
Displacement | 71.5 cc |
Max Power | 3.8 bhp @ 5500 rpm |
Max Torque | 5.0 Nm @ 4500 rpm |
Cooling System | Air Cooled |
Self-Starting | Yes |
ARAI Mileage | 55 Kmpl |
Max Speed | 60 Kmph |
Tire Type | Tube |
Mahindra Kine Colors
Red | Black | Pink |
Mahindra Kine Loan FAQ
✅ What is the interest rate for getting a Mahindra Kine Loan?
The interest rate for getting a Mahindra Kine Loan is 11.83% per annum.
✅ How to calculate EMI for a loan for Mahindra Kine?
To calculate EMI for Mahindra Kine Loan, you can use the EMI Calculator
✅ What is the minimum loan amount I can avail of for Mahindra Kine?
The minimum loan amount you can avail of for Mahindra Kine is Rs. 10,000.
✅ How much processing fee charge for getting a Mahindra Kine Loan?
The processing fee charged for getting a Mahindra Kine Loan is up to 3% of the loan amount (maximum).
✅ What is the loan tenure for availing of a Mahindra Kine Loan?
The tenure of the Mahindra Kine Loan can be up to 4 years.
✅ How can I eligible for the availing of a loan for Mahindra Kine?
You can eligible for availing of a loan for Mahindra Kine 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).
Two Wheeler Loan for Other Bikes