Yamaha Ray Loan Features
| Ex-Showroom Price | Rs 50,817 |
| 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 Loan for Yamaha Ray
The advantages of a Yamaha Ray Loan are the following:
- Easy and swish method
- Quick disbursal of the loan quantity
- Reasonable charge per unit
- Easy reimbursement methodology
Yamaha Ray Loan EMI Calculator
The individual has the choice to understand the EMI’s before availing of the loan for Yamaha Ray. So, you will be able to examine through the link below:
Yamaha Ray Bike 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 |
| 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 Ray Finance Scheme and Offers
Zero deposit bike loan is additionally out there, that may be a loan whereby the bank can finance the full value of the Yamaha Ray you would like to buy, not requiring you to pay something directly.
You can get a two-wheeler loan for Yamaha Ray with associate degree charge per unit of 11.83% once a year. Through Dialabank, you will be able to avail of a loan up to 100% of the Ex-Showroom value to most of Rs. 1.5 lakhs.
Yamaha Ray Loan Process
Getting the Yamaha Ray Loan is a simple process as follows:
- Online Application: Fill an application form online with Dialabank and submit it.
- Document Submission: Assemble all the necessary documents and upload them online.
- Verification: After the submission of an application form and the required documents. There will be verification of all the documents for any discordance.
- Approval: After the verification with no discrepancies, your loan will approve online.
For more information regarding the Yamaha Ray Loan, contact at 9878981166.
Yamaha Ray Loan Documents Required
1. 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 |
2. 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 |
| Required Documents | PAN Card |
| Bank Statement | Bank statement of last 3 months |
Loan for Yamaha Ray Eligibility
| 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 Ray
Yamaha Ray is available in 3 variants and 7 colours. The Yamaha Ray is a powered by 113cc engine. This engine develops a power of 9 ps and a torque of 8 nm.
If you want to get a Yamaha Ray for you and you are lacking in funds, then Dialabank will give you with finance so that you’ll be able to fulfil you would like to urge a Yamaha Ray. You will be able to get a loan for Yamaha Ray at 11.83% every year and lowest EMI. You may repay the loan quantity.
Yamaha Ray Specifications
Yamaha Ray Features
| Ex-Showroom Price | Rs 50,817 |
| Cylinder | 1 |
| Fuel Tank Capacity | 5 L |
| Maximum Power | 7 PS |
| Displacement | 113 cc |
| Maximum Torque | 8.1 Nm |
| Starting | Self Start |
| Mileage | 66 Kmph |
| Tyre Type | Tubeless |
| Top Speed | 86 Kmph |
| Kerb Weight | 105 Kg |
Yamaha Ray available in the following Colours:
| Dark Matte Blue | Moon Walk White | Cyan Blue | True Blue |
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| Metallic Black | Regal Red | Astral Blue |
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Yamaha Ray Loan FAQ
✅ What is the interest rate for getting a Yamaha Ray Loan?
The interest rate for getting a Yamaha Ray Loan is 11.83% per annum.
✅ How to calculate EMI for a loan for Yamaha Ray?
To calculate EMI for Yamaha Ray Loan, you can use the EMI Calculator
✅ What is the minimum loan amount I can avail of for Yamaha Ray?
The minimum loan amount you can avail of for Yamaha Ray is Rs. 10,000.
✅ Can I get a 100% loan of the Ex-Showroom Price for Yamaha Ray?
Yes, you can get a 100% loan of the Ex-Showroom Price for Yamaha Ray.
✅ How much processing fee charge for getting a Yamaha Ray Loan?
The processing fee charged for getting a Yamaha Ray Loan is up to 3% of the loan amount (maximum).
✅ What is the loan tenure for availing of a Yamaha Ray Loan?
The loan tenure for availing of a Yamaha Ray Loan is up to 4 years.
✅ How can I eligible for the availing of a Yamaha Ray Loan?
You can be eligible for availing of a loan for Yamaha Ray if you are between twenty-one to sixty-five years, Indian, and minimum monthly financial gain of Rs. 7,000(For Salaried) and Rs. 6,000(For Self-Employed).
✅ What are the documents required for getting a Yamaha Ray Loan?
The documents needed for obtaining a Yamaha Ray Loan are driver’s license, aadhar card, PAN Card, Voter ID, passport, the financial statement of the last three months, and wage slips of the last three months.
Two Wheeler Loan for Other Bikes
| Loan For Yamaha FZ S | Loan For TVS Scooty Streak |
| Loan For Yamaha Fazer | Loan For TVS Star City |
| Loan For Yamaha FZ1 | Loan For TVS Wego |
| Loan For Yamaha Crux | Loan For TVS MAX4R |
