Yamaha MT-15 Loan Features
| Ex-Showroom Price | ₹ 1,40,574 |
| 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 |
| 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 Yamaha MT-15 Loan
The advantages of a Yamaha MT-15 Loan are the following:
- Easy and smooth process
- Quick disbursal of the loan amount
- Reasonable Interest Rate
- Easy repayment method
Yamaha MT-15 Loan EMI Calculator
Before availing for Loan, you can get to know your Yamaha MT-15 ‘s EMI values. This can be done by the provided link below:
Yamaha MT-15 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 you can refund instead of repayment |
Yamaha MT-15 Finance Scheme and Offers
You can also avail you Yamaha MT-15 Bike Loan by the Zero Down payment method. In this, your entire finance of the loan will be done by the bank itself.
You can get a loan for Yamaha MT-15 with an interest rate of 11.83% per annum. Within 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-15 Loan Process
Getting the Yamaha MT-15 Loan is a simple process as follows:
- Online Application: Choose a form with Dialabank and then offer it online.
- Document Submission: You need to collect all the documents and then upload them online.
- Verification: As soon as the process of submission is completed, then the verification of the document starts.
- Approval: As soon as the confirmation process is completed, your loan will get approved online.
For more information regarding the Yamaha MT-15 Loan, contact at 9878981166.
Yamaha MT-15 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 | Last 3 month’s bank statements |
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 | Last 3 month’s bank statements |
Yamaha MT-15 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-15
Yamaha MT 15 is a passenger bike available in 2 modifications in India. Its lowest account starts from a cost of ₹1,40,574 (ex-showroom) and the top variant from a price of ₹1,41,574 (ex-showroom). Yamaha MT 15 generates 18.23 bhp of power and 13.9 nm of energy from its 155cc motor.
Yamaha MT-15 Specifications
| Ex-Showroom Price | ₹ 1,40,574 |
| Mileage | 45 Kmpl |
| Engine Type | Liquid Cooled, 6 Speed Manual |
| Fuel Capacity | 10 litres |
| Maximum Power | 18.23 bhp @ 10,000 rpm |
| Displacement | 155 cc |
| Maximum Torque | 13.9 Nm @ 8,500 rpm |
| Self Start | Yes |
| Tyre Type | Tubeless |
| Top Speed | 90-100 Kmph |
Yamaha MT-15 available in the following Colours:
| Metallic Black | Dark Matt Blue | Ice Fluo-Vermillion |
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Yamaha MT-15 Loan FAQ
✅ What is the interest rate for getting a Yamaha MT-15 Loan?
The interest rate is 11.83% on getting a loan on Yamaha MT-15.
✅ How to calculate EMI for a loan for Yamaha MT-15?
If you want to know the EMI values before taking a loan, you can use the EMI Calculator
✅ What is the minimum loan amount I can avail of for Yamaha MT-15?
The minimum amount is 10,000 for which you can avail a loan for Yamaha MT-15.
✅ Can I get a 100% loan of the Ex-Showroom Price for Yamaha MT-15?
Yes, you can get a 100% loan of the Ex-Showroom Price for Yamaha MT-15.
✅ How much processing fee charge for getting a Yamaha MT-15 Loan?
The processing fee is 3% of the loan amount, which is charged while getting a loan for Yamaha MT-15.
✅ What is the loan tenure for availing of a Yamaha MT-15 Loan?
The loan tenure is up to 4 years for availing of a Yamaha MT-15 Loan.
✅ How can I be eligible for the availing of a Yamaha MT-15 Loan?
If your age is within 21-65 and your least monthly revenue is 6000(For Self-Employed) and 7000(for salaried).
✅ What are the documents required for getting a Yamaha MT-15 Loan?
The documents required for getting a Yamaha MT-15 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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