TVS Scooty Pep Plus Loan
| 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 TVS Scooty Pep Plus Loan
- Easy processing and simple loans
- Few basic documents are required
- The perks of getting longer loan tenures
- Multi-dimensional loan repayment options
TVS Scooty Pep Plus Loan EMI Calculator
Use the EMI Calculator by Dialabank to calculate the EMI of your loan.
TVS Scooty Pep Plus 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
|
TVS Scooty Pep Plus Loan Scheme and Offers
A Two-wheeler Loan is available for both new and used TVS Scooty Pep Plus along with the option of no down payment loan which means the lender will finance the entire costing of the two-wheeler under certain conditions.
Dialabank Offers up to a limit of Rs. 1.5 lakhs for 100 percent of the value of the two-wheeler.
TVS Scooty Pep Plus Loan Process
To avail of a TVS Scooty Pep Plus 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
TVS Scooty Pep Plus Loan Documents Required
For Salaried 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 |
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 |
TVS Scooty Pep Plus 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
|
About TVS Scooty Pep Plus
TVS Scooty Pep Plus is a scooter available in 2 variants in India. The lowest version begins at a price of ⁇ 53,833 (ex-showroom) and a price of 55,172 (ex-showroom) for the highest version. The TVS Scooty Pep Plus produces 5.3 bhp of power in its 87.8cc engine and 6.5 nm of torque. The single-cylinder engine of TVS Scooty Pep Plus has an automatic gearbox. With both front and rear drum brakes, TVS Scooty Pep Plus comes up with a combined braking system of both wheels. This 93 kg scooter is available in 7 colours.
TVS Scooty Pep Plus Special Specifications
| Ex-Showroom Price |
₹ 5,833
|
| Mileage | 65 Kmpl |
| Power | 5.4 PS @ 6500 rpm |
| Displacement | 87.8 cc |
| Max Torque | 6.5 Nm @ 3500 rpm |
| Fuel Capacity | 4.2 liters |
| Self Start | yes |
| Rear Brake | Drum |
| Number of Cylinders | 1 |
| Tire Type | Tubeless |
Colours Available For TVS Scooty Pep Plus Special
| Princess Pinks | Glittery Gold | Neru Blue | Frosted Black | Reviving Red | Aqua Blue | Coral Red |
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TVS Scooty Pep Plus Loan FAQs
✅ What is the interest rate for getting a loan for TVS Scooty Pep Plus?
The interest rate for getting a TVS Scooty Pep Plus Loan is 11.83% per annum.
✅ How to calculate EMI for a loan for TVS Scooty Pep Plus?
To calculate EMI for TVS Scooty Pep Plus Loan, you can use the EMI Calculator
✅ What is the minimum loan amount I can avail of for the TVS Scooty Pep Plus?
The minimum loan amount you can avail of for TVS Scooty Pep Plus is Rs. 10,000.
✅ Can I get a 100% loan of the Ex-Showroom Price for TVS Scooty Pep Plus?
Yes, you can get a 100% loan of the Ex-Showroom Price for TVS Scooty Pep Plus.
✅ How much processing fee charge for getting a loan for TVS Scooty Pep Plus?
The processing fee charged for getting a loan for TVS Scooty Pep Plus is up to 3% of the loan amount (maximum).
✅ What is the loan tenure for the availing of a loan for TVS Scooty Pep Plus?
The loan tenure for availing of a loan for TVS Scooty Pep Plus is up to 4 years.
✅ How can I be eligible for the availing of a TVS Scooty Pep Plus Loan?
You can eligible for availing of a loan for TVS Scooty Pep Plus 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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