Yamaha YZF R1 Loan Features
Ex-Showroom Price | ₹19,83,531 |
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 Yamaha YZF R1 Loan
- The easy and smooth method
- Quick disbursal of the loan amount
- Inexpensive Interest Rate
- Easy compensation method
Yamaha YZF R1 Loan EMI Calculator
The applicant has the option to know the EMI’s while availing the loan. So, you can easily examine through the link below:
Yamaha YZF R1 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 YZF R1 Finance Scheme and Offers
Zero down payment bike loan is also available, which is a loan wherein the bank will fund the entire cost of the vehicle you wish to purchase, not requiring you to pay anything upfront.
You can get a loan with an interest rate of 11.83% per annum. Through Dialabank, you can take a two-wheeler loan up to 100% of the Ex-Showroom amount to a maximum of Rs. 1.5 lakhs.
Yamaha YZF R1 Loan Process
Accepting the vehicle Loan is a manageable 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 submission of an application form and the required documents. There will be confirmation of all the documents for any discordance.
- Approval: After the confirmation with no discrepancies, your loan will approve online.
For more data concerning the Loan, contact 9878981166.
Yamaha YZF R1 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 |
Compulsory Documents | PAN Card |
Bank Statement | Bank statement of last 3 months |
Yamaha YZF R1 Loan 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
[TABLE WILL APPEAR]About Yamaha YZF R1
The FZ-1 is that the solely naked superbike by Yamaha for the Indian market. The bike appearance terribly aggressive and has an exceptional road presence. The FZ1 comes power-driven by AN inline-four 998cc liquid-cooled engine borrowed from the previous generation YZF-R1. Power stands in 150bhp, and also the engine is mated to a six-speed casing with one-down and five-shifting up casing. It gets inverted forks before, a mono-shock at the rear and sticky tyres at each ends.
Yamaha YZF R1 Specifications
Ex-Showroom Price | ₹19,83,531 |
Mileage | 20 kmpl |
Engine Type | 4-stroke, liquid-cooled, DOHC, forward-inclined parallel 4-cylinder, 4-valves |
Fuel Capacity | 18 litres |
Maximum Power | 147.9 bhp @ 11000 rpm |
Displacement | 998cc |
Maximum Torque | 112.4 Nm @ 11500 rpm |
Self Start | Yes |
Tyre Type | Drum |
Top Speed | 154 kmph |
Colours Available For Yamaha YZF R1
White | Black | Blue |
FAQ of Yamaha YZF R1 Loan
✅ What is the interest rate for getting a Yamaha YZF R1, Loan?
The interest rate for getting a Yamaha YZF R1 Loan is 11.83% per annum.
✅ How to calculate EMI for a loan for Yamaha YZF R1?
To calculate EMI for Yamaha YZF R1 Loan, you can utilise the EMI Calculator
✅ What is the minimum loan amount I can avail of for Yamaha YZF R1?
The minimum loan amount you can avail of for Yamaha YZF R1 is Rs. 10,000.
✅ Can I get a 100% loan of the Ex-Showroom Price for Yamaha YZF R1?
Yes, you can get a 100% loan of the Ex-Showroom Price for Yamaha YZF R1.
✅ How much processing fee charge for getting a Yamaha YZF R1?
The processing fee charged for getting a Yamaha YZF R1 Loan is up to 3% of the loan amount (maximum).
✅ What is the loan tenure for availing of a Yamaha YZF R1 Loan?
The loan tenure for getting a Yamaha YZF R1 Loan is up to 4 years.
✅ How can I be eligible for the availing of a loan for Yamaha YZF R1?
You can be eligible for availing of a loan for Yamaha YZF R1 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 YZF R1 Loan?
The documents needed for obtaining a Yamaha YZF R1 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.