Kabira Mobility bikes Finance
Kabira Mobility Two Wheeler Loan EMI
MODEL | EMI (36 MONTHS) |
---|---|
Kabira Mobility KM3000 | Rs. 4,888 |
Kabira Mobility KM4000 | Rs. 4,984 |
Kabira Hermes 75 | Rs. 2,760 |
Kabira Mobility bikes Finance Schemes
FAQs for Kabira Mobility Finance
Q) How is Kabira Mobility bike loan EMI calculated monthly?
A) Kabira Mobility bike loan EMIs include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI can be calculated using the following formula: {P x R x (1+R)^N / [(1+R)^N-1]} where, P = Principal amount of the loan, R = Rate of interest and N = Number of monthly installments.
Q) Which documents I need to have to apply for a Kabira Mobility two wheeler loan?
A) To get your Kabira Mobility bike loan application with the selected lender, you would be required to submit your KYC documents, which include your identity proof and current address proof, a copy of your PAN Card, your bank statement and your income proofs (Form 16/Salary Slips/ITR). You can get the exact requirement from your loan consultant after applying with us.
Q) What will be the minimum down payment for a Kabira Mobility Bike/Scooter loan?
A) The lenders generally finance 90% of the ex-showroom price of the Kabira Mobility two wheeler. Some customers might be eligible for 100% funding too. This means the minimum possible down payment that you have to pay includes the RTO and insurance charges for the Kabira Mobility bike. Down payment is the difference between the on-road price of the Kabira Mobility bike and the amount funded by the lender.
Q) What will be the rate of interest on a Kabira Mobility bike finance?
A) The interest rate primarily depends on the principal amount and tenure of the loan amount of the Kabira Mobility two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.
Kabira Mobility Bike News & Reviews
Kabira Mobility Bikes Further Research
Popular Kabira Mobility Two Wheelers
- Bikes
- Scooters
- Kabira Mobility KM3000Rs 1.63 - 1.74 Lakh*
- Kabira Mobility KM4000Rs 1.66 - 1.76 Lakh*
- Kabira Mobility Hermes 75Rs 90,825*