Scooty Zest Loan Features
Ex-Showroom Price | ₹ 61,591 |
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 |
Two-wheeler 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 Scooty Zest Loan
The advantages of a Scooty Zest Loan are the following:
- Easy and smooth process
- Quick disbursements
- Reasonable Interest Rate
- Easy repayment method
Scooty Zest Loan EMI Calculator
The applicant has the option to know the EMI’s before availing Scooty Zest Loan. So, you can simply examine through the section below:
Scooty Zest Bike Loan Interest Rate and Charges
This table shows Two Wheeler Loan Interest Rate based on several parameters:
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 |
Scooty Zest Finance Scheme and Offers
You can get a loan for Scooty Zest with an interest rate of 11.83% per annum. Through Dialabank, you can get a loan up to 100% of the Ex-Showroom price or up to 1.5 Lakhs.
Scooty Zest Loan Process
Getting the loan for Scooty Zest is a simple method as follows:
- Online Application: Load an application form online with Dialabank and submit it.
- Document Submission: Collect all the necessary documents and upload them online.
- Verification: Following the resignation of an appeal form and the required reports. There will be confirmation of all the documents for any discordance.
- Approval: After the verification with no errors, your loan will approve online.
For more data regarding the Scooty Zest Loan, contact at 9878981166.
Scooty Zest Loan Documents Required
Documents Required for Two Wheeler Loan:
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 |
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 |
Scooty Zest Loan Eligibility
The following table shows the Two Wheeler Loan Eligibility Criteria:
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 Scooty Zest
TVS Scooty Zest 110 is a scooter free in 2 variants in India. Its lowest story starts from a price of ₹61,591 (ex-showroom) and the top report from a price of ₹63,019 (ex-showroom). TVS Scooty Zest 110 produces 7.6 bhp of power and 8.8 nm of torque from its 109.7cc motor. The single-cylinder engine of TVS Scooty Zest 110 has an automated gearbox. With both head and rear drum brakes, TVS Scooty Zest 110 gets up with a combined braking system of both wheels. This 97 kg scooter is accessible in 6 colours.
Scooty Zest Specifications
Ex-Showroom Price | ₹ 61,591 |
Mileage | 50 Kmpl |
Engine Type | Air Cooled |
Fuel Capacity | 5 L |
Maximum Power | 7.6 bhp |
Displacement | 109.7 cc |
Maximum Torque | 8.8 Nm |
Self Start | Yes |
Tyre Type | Tubeless |
Kerb Weight | 125 Kg |
Top Speed | 97 Kmph |
Colours available for Scooty Zest
Matte Blue | Matte Black | Matte Yellow |
Matte Red | Turquoise Blue | Matte Purple |
Scooty Zest Loan FAQ
✅ What is the interest rate for getting a Scooty Zest Loan?
The interest rate for getting a Scooty Zest Loan is 11.83% per annum.
✅ How to calculate EMI for a Scooty Zest Loan?
To calculate EMI for a Scooty Zest Loan, you can use the EMI Calculator
✅ What is the minimum loan amount I can avail of for Scooty Zest?
The minimum loan amount you can avail of for Scooty Zest is Rs. 10,000.
✅ Can I get a 100% loan of the Ex-Showroom Price for Scooty Zest?
Yes, you can get a 100% loan of the Ex-Showroom Price for Scooty Zest.
✅ How much processing fee charge for getting a loan for Scooty Zest?
The processing fee charged for getting a loan for Scooty Zest is up to 3% of the loan amount (maximum).
✅ What is the loan tenure for availing of a Scooty Zest Loan?
The loan tenure for availing of a Scooty Zest Loan is up to 4 years.
✅ How can I be eligible for the availing of a Scooty Zest Loan?
You can eligible for availing of a Scooty Zest Loan 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).
✅ What are the documents required for getting a Scooty Zest Loan?
The documents required for getting a Scooty Zest 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 three months.
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