Two-wheelers will play a major role in reviving the professional fortune in 2021, especially after the dismal 2020. However, going about purchasing a motorbike would require discretion and adherence to the following aspects:
Evaluate usage patterns
A bike buying guide is of no use if you aren’t aware of your preferences. For instance, your choice of a two-wheeler would vary if you are either a daily commuter or a typical highway hauler.
Zero in on the Budget
Provided you are planning to get a fresh credit line for your bike or interested in purchasing upon paying up the entire sum at once, it is still necessary to zero in on the budget-centric preferences and choose accordingly. In case you are opting for a loan, the budget helps you strategize better using a Two Wheeler Loan EMI Calculator.
Look for Reliable Lenders
While you can always sift through a detailed bike buying guide to choose vehicles according to design, seating preferences, mileage, and other factors, it is still important to opt for a reliable lender for getting the best interest rates on the bike loans.
Once these three aspects are out of the way, you can start analyzing the monthly liabilities upon relying on the lender-backed two-wheeler loan EMI calculator.
Purchasing the preferred two-wheeler on a loan can be tricky if you aren’t sure about the lender and the quoted interest rates. Therefore, it is necessary to be aware of these 4 factors to get the best interest rates on your credit line.
Lenders instill faith in your repayment history upon checking your credit score. Therefore, a higher credit score automatically qualifies you for a lower two wheeler loan interest rate.
Cost of the Bike
A two-wheeler loan for a budget-centric bike has better chances of getting approved and attracting nominal interest rates.
In case you choose to make sizable payment upfront, it is possible to get a better deal on the two wheeler loan interest rate as the lenders are expected to show more faith in your repayment capabilities.
If you want to procure a lower interest rate for your two-wheeler loan, you should opt for a longer tenure and consider prepaying the same after a certain point in time.
In addition to these four factors, your job, financial stead, annual income, and credit history also have a bearing on the interest rates.
The Australian automotive giant, KTM has finally launched KTM RC 200 and RC 390. These are powerful feature-packed bikes which are priced at Rs. 2.05 lakhs and Rs. 1.6 lakh for RC 390 and RC 200 respectively ex-showroom Delhi. KTM is quite hopeful about these bikes as they are not only affordable and provide features similar to their other top-end bikes.
Let’s look at the top 10 reasons why this KTM bike is a major hit between bike enthusiasts.
Features inspired from the KTM 1190 RC8 R
Supported by tubular space frame designed using steel tubes provides strength
Water-cooled, 4-stroke, mono cylinder engine for the smooth running
6-speed claw transmission same as the duke bikes
RC 200 flaunts MRF tyres and RC 390 the Metzeler tyres for grip and speed
Finest suspensions similar to RC8 with enhanced stability
Advanced braking system. RC 390 also supports an ABS
Highly advanced and futuristic LCD panels that even shows the most optimum time to shift gears
Super-sporty in looks and features
Made to provide a strong design and maximum manoeuvrability
The Bajaj Pulsar 150cc is one of the most popular bikes in its segment. It has become the best-selling product in this highly competitive sector because of its spectacular list of features. Some of the features that make Bajaj Pulsar 150cc a clear winner are:
The deciding factor that helps Bajaj Pulsar 150blow away the competition is its powerful engine. Despite having an entry-level 150cc engine for sportbike enthusiasts, Pulsar 150 can churn out an impressive 15.1 PS of power at 9000 pm.
The sharp and edgy design of the Pulsar 150cc has clicked with youngsters well. The signature look of the bike is uniquely different from any other bike in the market, making it easily recognizable and loved.
Bajaj Pulsar 150 is loaded with several features such as a part-analog-part-digital custom instrument console, engine kill switch, clip-on handlebars, tubeless tires, self-canceling turn indicators, DC headlamp, and backlit switches.
Pricing has always been Bajaj’s most attractive feature. AllBajaj bikesare economically priced, and the new Pulsar 150 follows the trend, costing Rs 70,500*, providing great value for its vast list of features.
Following are the reasons why you should utilise the EMI calculator before taking a bike loan –
ACCURACY — It is possible to make errors while calculating with a pen and paper, and you want to avoid anything happening to your hard-earned money and messing up your financial budget. An online EMI calculator provides you with an approximate amount which gives you an idea of your possible future instalments.
INSTANT AND CONVENIENT — You only need to input the combination (loan amount, interest rate and tenure) you deem suitable, and the EMI amount is determined in just a few seconds. The Bike Loan EMI Calculator is available free of cost and can be accessed from anywhere anytime.
PLAN YOUR FINANCES — If you use an EMI calculator before applying for a bike loan, you are in a position to plan your finances ahead. This way, when the time for debt repayment comes, you can comfortably pay off your debt without burdening your personal expenses. It helps you to ensure a good credit score.
It is better to gauge the risk of taking a loan as it saves you from the financial and mental stress. Using a bike loan EMI calculator will help you make an informed decision.
KTM has made huge inroads in the Indian sports bike market by offering bikes that look stylish and deliver excellent performance all while being relatively light on your pocket.
The KTM Duke 250is one of their most popular bikes, and here’s what’s great about it:
Its design and bodywork is borrowed from one of KTM’s top-selling international superbikes and comes with a new spin on its colour scheme. It also has an LED DRL and split seats that look classy and premium.
Equipped with a 250cc engine and a 6-speed gearbox, it can reach over 140km/h with ease and promises a roaring, powerful ride. All at a relatively economic mileage of 30-35km/l.
With a top-class suspension set-up, dual-channel ABS, front and rear disc brakes, a slipper clutch high ground clearance, a lightweight frame and great tires, it ensures an incredibly smooth ride and great fun turning on the corners.
With an on-road price of ₹2.31 lakh, this is a bargain at this price range. Especially considering the unrivalled features and performance that KTM bikes offer.
One of the most popular KTM Bikes, this bike comes power-packed with great features and delivers great performance at a very reasonable price.
After selecting the model of the two-wheeler that you want to buy from many options available, the next thing you need to determine is how to finance that bike. There are two prominent options available when it comes down to it. You can either choose to pay cash or avail a vehicle loan. Let’s consider why availing a Two wheeler loan is the smarter way of financing
You can get various gifts and offers like:
Reduced interest rates
Zero down payment schemes
Most bike sellers on the market today are in partnership with bike finance companies to provide rapid loans to customers. The paperwork required for these loans is minimal, and the processing time is extremely small.
Whether you’re getting your first bike or looking forward to upgrading to the latest version, buying a motorcycle is always exciting. While deciding which bike to buy is challenging, it is even more challenging to determine whether to get your bike through cash or bike loan. Here is a list of advantages of using a loan for a bike loan instead of buying a bike by paying money.
Affordable Interest Rates
Highly affordable and low bike loan interest rates make buying bikes easy.
Quick loan approval and processing
Quick loan approval and processing that makes sure you’re able to take your bike home at the soonest.
You don’t have to empty your pockets and ruin your budget. Instead, you can transfer the burden on the banks and pay convenient EMIs.
You can avail of a loan on your two-wheeler’s on-road cost, which provides complete coverage of the loan amount.
Loans on all two-wheelers
Be it a scooter or a high-end bike, and loans are available on all types of two-wheelers. You can calculate loan EMI with Bike EMI calculator.
You can avail of a bike loan with various additional bonuses like gifts, free insurance, accessories, cashback offers, etc.
While there was a time when cash was the preferred mode of transactions. However, various benefits availing a two-wheeler loan have over getting it for cash makes the former a better option in many ways.
KTM is one of the top-end bike manufacturers that specializes in powerful sports bikes. These bikes come with the latest technology, mechanical systems, and robust features, making it quite popular amongst sports bike enthusiasts.
If you’re looking for KTM bikes in India, you must consider KTM Duke 200 for its powerful performance. Here are its top features.
Duke 200 has a lightweight trellis frame that enables the bike to reach 100 kmph within seconds and a top speed of 136 kmph.
It has a 1-cylinder with a 4-stroke engine and 6-speed transmission with 19 kW power.
This bike has a powerful disc braking system for both the tires with a four-piston radial fixed caliper supported by ABS.
It also has a cool-liquid mechanism to avoid overheating of the bike.
It comes in an affordable price range of 1.5 to 1.62 lakhs INR in the sports bike segment. You can also browse the latest KTM bikes price list.
Efficient customer support and service centers in all the major cities.
MRF Revz tires to provide finer grip.
It has a ground clearance of 170 mm and a sturdy suspension suitable for Indian roads.
KTM 200 is a powerful, affordable, and trendy sports bike which guarantees pace and performance within your budget. However, you must go through the rider’s manual and safety instructions and follow traffic guidelines to ensure that you can enjoy this stunning bike without any unwanted accidents.
You can consider Maxima C from Bajaj as the go-to cargo carrier, especially for last-mile fulfillment. Besides being affordable, the Maxima C is extremely easy to procure and comes across with a host of productivity-enhancing features.
The Bajaj Maxima is available either as a CNG variant or a Diesel-powered model. While the CNG version is eco-friendly courtesy of the BS6 powertrain, the engine featured by the diesel-run variant is a better choice for the hillier terrains. Regardless of choice, the Maxima is easier to purchase with a three-wheeler loan.
In case you want to invest in the Bajaj Maxima, you need to understand the technical aspects of the same, including the plus one individual seating capacity, 12aH battery module, and a decent ground clearance of 193mm. Besides, you get a single plate dry clutch on the diesel variant followed by an RH, foot-operated brake.
The Maxima boasts of a decent mileage of 35kmpl for the diesel variant. This feature makes it a pretty good choice for deliveries.
The Maxima is easier to purchase with a Three wheeler loan. You can get the loan facility from the Bajaj Auto Finance at the lowest interest rates.
To sum it up, Maxima from Bajaj is quite an affordable cargo vehicle, currently preferred by most fulfillment firms, owing to lower maintenance and quickest possible loan approvals. To get the instant approval keep all the documents ready and build a good credit score, after that apply for a loan and get instant approval on loans.