Scooty Zest Loan

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Scooty Zest Loan

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 LoanScooty 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:

EMI Calculator

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:

  1. Online Application: Load an application form online with Dialabank and submit it.
  2. Document Submission: Collect all the necessary documents and upload them online.
  3. Verification: Following the resignation of an appeal form and the required reports. There will be confirmation of all the documents for any discordance.
  4. 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
Scooty Zest Loan Scooty Zest Loan Scooty Zest Loan
Matte Red Turquoise Blue Matte Purple
Scooty Zest Loan Scooty Zest Loan Scooty Zest Loan

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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