Yamaha MT 09 Loan Features
Ex-Showroom Price | ₹ 10,64,512 |
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 |
Tenure for Two-Wheeler Loan | 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 Yamaha MT 09 Loan
The advantages of a Yamaha MT 09 Loan are the following:
- Easy and smooth process
- Quick disbursal of the loan amount
- Reasonable Interest Rate
- Easy repayment method
Yamaha MT 09 Loan EMI Calculator
The applicant has the option to know the EMI’s before availing of the loan for Yamaha MT 09. So, you can simply search through the link below:
Yamaha MT 09 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 |
Yamaha MT 09 Finance Scheme and Offers
Zero down payment bike loan is also available, which is a loan wherein the bank will finance the whole cost of the Yamaha MT 09 you wish to purchase, not requiring you to pay anything upfront.
You can get a loan for Yamaha MT 09 with an interest rate of 11.83% per annum. Through Dialabank, you can avail of a loan up to 100% of the Ex-Showroom price to a maximum of Rs. 1.5 lakhs.
Yamaha MT 09 Loan Process
Getting the Yamaha MT 09 Loan is a simple process as follows:
- Online Application: Fill an application form online with Dialabank and submit it.
- Document Submission: Gather all the necessary documents and upload them online.
- Verification: After the resignation of an application form and the needed documents. There will be evidence of all the records for any discordance.
- Approval: After the confirmation with no discrepancies, your loan will approve online.
For more information regarding the Yamaha MT 09 Loan, contact at 9878981166.
Yamaha MT 09 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 |
Yamaha MT 09 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 Yamaha MT 09
The Yamaha MT-09 was re-introduced in the Indian business in November 2017 with a few surface updates and a BS-IV obedient engine. In the beginning, the MT-09 sports a split headlamp setup that makes an LED headlamp with LED DRLs. It also makes a split LED headlamp unit, improved seat, bigger air-intake scoops and a svelte tail region.
Yamaha MT 09 Specifications
Ex-Showroom Price | ₹ 10,64,512 |
Mileage | 72-76 Kmpl |
Engine Type | Liquid Cooled, 6 Speed Manual |
Fuel Capacity | 14 litres |
Maximum Power | 111.8 bhp @ 10,000 rpm |
Displacement | 847 cc |
Maximum Torque | 87.5 Nm @ 8,500 rpm |
Self Start | Yes |
Tyre Type | Tubeless |
Top Speed | 94 Kmph |
Yamaha MT 09 available in the following Colours:
Yamaha Blu | Night Fluo | Tech Black |
Yamaha MT 09 Loan FAQ
✅ What is the interest rate for getting a Yamaha MT 09 Loan?
The interest rate for getting a Yamaha MT 09 Loan is 11.83% per annum.
✅ How to calculate EMI for a loan for Yamaha MT 09?
To calculate EMI for TVSVictor Loan, you can use the EMI Calculator
✅ What is the minimum loan amount I can avail of for Yamaha MT 09?
The minimum loan amount you can avail of for Yamaha MT 09 is Rs. 10,000.
✅ Can I get a 100% loan of the Ex-Showroom Price for Yamaha MT 09?
Yes, you can get a 100% loan of the Ex-Showroom Price for Yamaha MT 09.
✅ How much processing fee charge for getting a Yamaha MT 09 Loan?
The processing fee charged for getting a Yamaha MT 09 Loan is up to 3% of the loan amount (maximum).
✅ What is the loan tenure for availing of a Yamaha MT 09 Loan?
The loan tenure for availing of a Yamaha MT 09 Loan is up to 4 years.
✅ How can I eligible for the availing of a loan for Yamaha MT 09?
You can eligible for availing of a loan for Yamaha MT 09 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 Yamaha MT 09 Loan?
The documents required for getting a Yamaha MT 09 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.
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