KTM Duke 200 is a part of KTM India’s latest high-end sports bike series. Manufactured at the Bajaj Chakan plant, this is the latest entrant in the bike market, guaranteed to make heads turn on the road. Beating all its competition in terms of quality and performance, this bike gives a great value for its price. Offering best-in-class features to its riders, the Duke 200 is a sports bike like no other. Any racing enthusiast can testify that a price of INR 1.5* to 1.62* lakhs is extremely reasonable for a racing bike that boasts of the best features and the highest-quality parts.
Many youngsters who are looking to buy this bike might find it difficult to make the entire payment in cash. Bajaj has made it easier for interested buyers to make the purchase by providing easy financing options like Bajaj Finance Two Wheeler Loan. Bajaj Finance provides low-cost EMI options for people aspiring to buy the KTM Duke 200.
Additional Read: KTM Bikes in India
Before you drive home your brand-new KTM Duke 200, the bike loan calculator available on the Bajaj Finance website can help you understand the monthly EMI outflows you would need to pay after procuring a loan. Since most vehicle loan providers have their own websites, it is easy for consumers to check for basic details online.
Before opting for a bike loan, make sure you meet the documentation requirements and eligibility criteria for two wheeler loan. Most bike loan providers lay down basic criteria like proof of employment, minimum salary requirements, stable job and a permanent residence. Banks try and safeguard themselves from any form of loan frauds by making sure that all borrowers abide by their regulations. Bajaj Finance is a well-diversified finance provider, which offers two-wheeler loans in India at competitive interest rates.
The process to buy the KTM Duke 200 on EMI is as follows:
One should be between the ages of 21 and 65 at the time of applying for the loan. As long as you have been residing in the address that you have given in the application for a minimum of one year, you are eligible to apply for the loan. Some credit providers like Bajaj Finance require the applicant to be working for at least a year in order to be deemed eligible.
Some basic documentation that is necessary for approval includes ID proof like a passport, voter’s ID, driving license, PAN card or Aadhaar card. Address proof related documents include passport, voter’s ID, rental agreements or a telephone/gas bill. Some credit providers also ask for salary slips in order to attest income proof. This helps them get partial assurance about regular and timely EMI payments and overall loan repayment.
You can visit the website of a credit provider like Bajaj Finance and apply online. The document verification process can be initiated with a single click. A few days later, a representative of the respective credit provider will come to your residence and collect the necessary documents in order to verify them. With most credit providers, the turnaround time from the time of application to the time of actual disbursement of the loan is minimal.
Additional Read: How To Apply For Bike Loan?
Once you have applied for a loan and have been provided with one, you can easily keep a tab of your monthly cash outflow in the form of EMI, via EMI calculators that are available online. You can also customize your input basis, your fund availability and your choice of tenure with most providers.