Auto Loan and Financing

Here Is The List Of Best Bikes under 1 Lakh In India

Over the past two decades, the motorcycle market in India has undergone an extensive transformation with the entry of well-known foreign manufacturers vying for the market share. Their entry has made the market more competitive, with seasoned manufacturers such as Bajaj, Yamaha, Honda, and Hero MotoCorp introducing sports bikes with world-class features and styling.
Listed below are the best bikes under 1 lakh in India:

**Bajaj Avenger 220 Cruise**

The Bajaj Avenger holds the distinction of being the first cruiser bike in India. Bajaj did not update the bike for very long, but finally, in 2016, the Bajaj Avenger got an update and new variants. The **Bajaj Avenger Cruise 220** is powered by a 219.9 cc oil-cooled engine that can produce a maximum power of 18.8 bhp at 8400 rpm and a maximum torque of 17.5 Nm at 7000 rpm.

**Yamaha Fazer V2 Fi**

Yamaha Fazer was first introduced in 2004 in India, and the 125cc bike has got many updates over the years. The bike has a sporty design with split headlamps and a dual-tone tank. The bike has a refreshing design and is equipped with a 149cc engine with maximum power and maximum torque of 13.2 PS at 8000 rpm and 12.8 Nm at 6000 rpm.

**Bajaj Pulsar NS 200**

The Bajaj Pulsar NS 200 was first launched in 2012 in the Indian market and was reasonably priced to match the budget of middle-class Indians. The success of this reasonably priced bike exponentially increased the sales of the Bajaj Auto, and several bike clubs were formed solely for this bike.

Check: **Best Bikes under 1 Lakh in India**

If you are looking for financing to buy your dream bike, you can take an easy two-wheeler loan.

Must Read:

5 Most Affordable Bikes In India (2021 Updated List)

How to choose the best two-wheeler loan interest rates?

If you are planning to buy a two-wheeler on loan, there are several Indian banks and private lenders who are willing to offer these loans at competitive rates. You need to do extensive research before you opt for a two-wheeler loan and read the fine print of the loan agreement carefully to avoid any disappointment later on.

Getting a two-wheeler loan has become a lot easier now as you can effortlessly apply for it online from the comfort of your home. To choose the best two-wheeler loan, you should first visit the websites of various banks and lenders and do a comparative analysis of bike loan interest rates offered by them.

Your next step should be to work out the bike loan EMI as per your budget and this exercise can be done by using the two-wheeler loan EMI calculator available on every bank and private lender’s website. Just feed the tenure of the loan which is best suited as per your monthly income with the rate of interest applicable and the EMI calculator will give you the desired results.

Check: Two Wheeler Loan Interest Rates

There are some other factors that you must take into consideration while choosing the best two-wheeler loan. Check out the additional benefits like zero processing fee, free insurance, and a free gold coin offer during special occasions. You can also bargain for a better interest rate if you are a loyal customer of the bank and have savings or a current account in the same bank.

How to Choose the Best Bike Loan in India

Bikes Gyan, Two Wheeler Loan

Indian youngsters fancy driving a bike of their dreams to feel the adrenalin rush and make it their style statement. To make their dream come true, they either make a cash down payment to purchase their preferred bike or avail a bike loan to give wings to their dream.

It requires a bit of effort to choose the best bike loan in India as one needs to do an extensive online search for banks and private lenders who offer two-wheeler loans. Bike loan interest rates vary from bank to bank, and one needs to research extensively to get the best rate with comfortable Equated Monthly Installments (EMIs).

Several factors influence the bike loan interest rate, such as customer profile, income, and repayment capacity. In addition, the amount of loan you are availing of and its tenure are the other two crucial aspects of a bike loan.

It is advisable always to take a loan that you can comfortably pay every month in EMIs. You can finalize the tenure of the bike loan after considering your repayment capacity. Moreover, you can try to foreclose the loan if you have surplus funds.

A longer tenure often attracts a higher interest rate. Therefore, choose the best bike loan after considering the above factors and enjoy riding your dream bike with peace of mind.

How To Choose The Best Two Wheeler Loan Rates?

Two Wheeler Loan

Two wheels are better than four especially in a nation like India where traffic conditions almost make it impossible for a car owner to reach point A to point B in time. Hence, lenders are always on the hunt for more customers by offering loan interest rates that are competitive.

So how can one choose the bike loan interest rate that is ideal for them especially when there are countless lenders out there!?

Well, that is simple.

Bike loan interest rates are decided by a lender after the loan officer considers –

The financial capabilities and
The financial history of the applicant.

In recent years, lenders are, however, offering more leniencies towards loan applicants in a bid to attract more customers.

In this context, it is best to state that the loan interest rate, however, largely depends on the CIBIL score of the applicant. Even if the repayment habits and past financial history of the applicant are stellar but the CIBIL score of the same is poor, the applicant will end up getting awarded with a high interest rate.

Bike finance interest rates will be less for applicants who –

Have a stable source of income
Pay their taxes on time and
Have a healthy habit of returning what they owe to their lender(s) on time.

It also largely depends on the down payment for a bike along with the ex-showroom price of the bike. It can also vary depending on the requirements set by the bike dealer.

Hence, it is best to sit down with a loan officer at a bike dealer and have a detailed discussion regarding financing your bike. It is one of the many ways you can keep your dream bike from becoming a financial burden for you, in the long run!

Also, Read:

How To Choose The Best Two Wheeler Loan?

How To Calculate Two Wheeler Loan EMI? Know All Process

Two Wheeler Loan

Back in the day, EMIs were calculated using the traditional pen and paper approach but not anymore. Irrespective of the lender you choose, it is likely that when you open the official website of the lender, you will be welcomed with an online EMI calculator tool that will allow you to know your EMI against the loan you applied to buy your dream bike.

How does it work?

As soon as you have chosen your preferred two wheeler finance service provider, you would need to head on over to the official website of the same and look for the online two wheeler loan emi calculator tool.

After that, you would need to put in the principal amount that you are applying for along with the rate of interest your loan officer is offering you and the tenure of the loan.

After you have provided the tool with the aforementioned details, you would have to press the ‘calculate’ button on the tool and wait for a few seconds. The result will be shown on your screen in no time.

In this context, it is best for you to keep in mind that irrespective of the principal amount if you choose a longer tenure period for the loan then your EMI will be very low and in case you want to reduce the tenure period for the loan then the EMI you would need to bear will be a substantial amount.

Apply for – Bike Loan

Hence, it is crucial that you choose a tenure that is right in the middle so that your two wheeler loan does not become a financial burden for you in the long run.

Must Read:

How To Choose The Best Two Wheeler Loan?

KTM RC 200 – Top 7 Things That You Should Know

KTM Bikes

Top 5 Things That You Need To Know About KTM Duke 250

KTM Bikes

The Duke is a popular bike in India and for the right reasons. Read on to know more!

A few riders in India tend to fixate on relatively trivial things like mileage. Still, in recent times, rising fuel prices have improved the popularity of bikes with small-displacement engines like the **KTM Duke 250**.

**In this context, the Duke 250 is successful for a whole lot of other reasons.**

**Some of those reasons are:**

It is an aggressively priced bike. The **KTM bike price** is so affordable that applicants tend to flock to the branches of leading lenders to get their hands on a Duke 250 as soon as possible.

Riders can use this bike both in bustling cities and on the highways without much of a fuss.

The Duke 250 has all the best bits from its beefier elder sibling, the Duke 390. On top of this, after its much needed 2020 update, the Duke 250 now comes with an all-LED headlight unit that not only looks cool but, at the same time, lights up the roads more efficiently, even in pitch-black conditions.

The bike now comes with a BS-6 emissions-compliant motor. It has a single-cylinder with a displacement of 248.76 CC. KTM has engineered the same to be equipped with a liquid cooling system for better cooling of this high-revving motor. It delivers impressive peak power of 29.6bhp and 24Nm.

The engine is mated to a six-speed racing-spec gearbox that offers seamless gear changes and power delivery thanks to the KTM’s proprietary slipper clutch.

Compared to other bikes in the similar category, the Duke 250 possesses all the right qualities and is an easy to maintain bike that does not burn a hole in your pocket!

Must Read:
What Are Best Things To Know About KTM RC 200

Top Sports Bikes in India That You Can Buy on EMI

Bikes Gyan

Bikes are a big part of anyone’s life. India is an automobile market which is growing at a very fast pace. Owing to the fact that rising middle class people have money in their hands and are keen to spend it on premium products, Indian auto industry is registering a growth trend of 20 percent. Sports bikes are considered one of the premium products available in India. Compared with the rest of the world, India has a much lesser number of sports bikes available in this country.

Some are listed below:-

KTM RC 125
KTM RC 200
Bajaj Pulsar RS 200
Kawasaki Ninja 300
KTM Duke 390
Bajaj Dominar 400

There are plenty of reasons why Sports Bikes heightens your senses . It’s unlike regular biking that keeps you confined to the streets. With a sports bike, you can drive in any direction you wish ! You can take on curves and sharp turns with ease. If you live in a place that needs frequent movement, then you probably want to invest in a sport bike where your shifting will be easy for future movements.

Sports Bike, it’s better known as Super Bike in India. It is also called Track bike or Race bike or simply a superbike. And they are high performance street motorcycles that have been designed for speed and acceleration with light weight and minimum drag.

Check latest models and price list – Sports Bikes in India

Sports bike are manufactured based on a standardised set of rules, such as size of engine, power and torque, reason for existence, structure and the like. They have been designed to cater to riders wanting speed and comfort.

When it comes to fast and furious riding, one of the top bikes is the sports bike. These models are designed to be lightweight, powerful and responsive. You can cruise long distances on these bikes, or you can race in disciplines such as motocross. Some sports motorcycles are also adapted for competitive trail riding. The high performance of these bikes usually comes at a higher cost than other types of motorcycle.

Must Read:

Top Factor To Consider While Buying a New Bike

Top 5 Bajaj Bikes in India – Check Price, Mileage, and Other Details

Bajaj Bikes, Bikes Gyan

Bajaj Groups flagship company Bajaj Auto ranks the fourth largest two-wheeler manufacturer in the world. Bajaj is a well-known brand and is preferred because of the excellent service.

Top 5 Bajaj Bikes In India

Here’s some information regarding the top 5 Bajaj bikes price list and other essential features:

Model Name	Mileage	Disp: (cc)	Price	Max Power	Max Torque
Bajaj Dominar 400	25 kmpl	373.27	Rs. 262,144 *	39.42 bhp	35 Nm
Bajaj CT 110	104 kmpl	115	Rs. 61,302 *	8.6 bhp	9.81 Nm
Bajaj Platina 110 H Gear	76 kmpl	115	Rs. 82,158 *	8.6 bhp	9.81 Nm
Bajaj Pulsar 150	65 kmpl	149	Rs. 125,416 *	14 bhp	13.25 Nm
Bajaj Dominar 250	35 kmpl	248.8	Rs. 214,084 *	27 bhp	9.81 Nm

Bajaj Dominar 400, Dominar 250 are also popular as tour bikes. On the other hand, CT 110, Platina 110, and Pulsar are popular and affordable for regular commuting in the Bajaj bikes price list.

Conclusion

Bajaj bikes are the most favourable choice among Indian buyers. But before you purchase a bike, you should check the price, mileage, power and certain other desirable features. It will help you choose a motorcycle that complements your requirements.

Also, Read:

Best Long Ride Bikes in India That You Should Buy In 2021