There has been a notable increase in two-wheeler sales recently. This is mainly because this mode of transportation is affordable and convenient. Improved motorbike models that are nearly race-worthy and can easily pass through traffic have also recently reached the market.
A two-wheeler is simpler to operate and learn on than a four-wheeler. The two-wheeler industry’s competition has produced many models with appealing aesthetics and functions. The cost of a car is higher than that of a bike, regardless of whether you own it or rent it. Two-wheelers also provide you with more mileage, which enables you to reduce your fuel expenses.
A two-wheeler is the best vehicle to use for commuting on city streets because it doesn’t take up much parking space. Additionally, it aids in relieving commuters’ parking difficulties in densely populated locations. These are the advantages of having a two-wheeler. Hero MotoCorp is the first name that comes to mind when you think of a two-wheeler. Thus, consumers always want to know all details about hero bikes on emi.
Here’s how you can book a Hero bike on EMI:
- Check eligibility- You must first determine your eligibility before applying for a Hero bike loan. Most financial institutions have specific requirements when applying for a loan for a two-wheeler.
- Required documents- You need less documentation to apply for a loan for a two-wheeler than you would for other loans. Your PAN card, Aadhar card, pay slips, and bank statement are all you need. Make sure to prepare all required documents while you are going to purchase a Hero two-wheeler on EMI.
- Calculate EMI- The EMI amount depends on the Hero bike price. Several bike models of Hero MotoCorp come at different prices. The bike’s price, loan interest rate, down payment, and tenure determine the EMI amount. Use an online EMI calculator to calculate the EMI before getting into a loan scheme.
- Apply for a loan- Apply online for a bike loan when you clearly understand all the important factors mentioned above. Apply with all required details, duly filled forms, and required documents. You can buy a Hero bike online once your two-wheeler loan application is approved.
Everyone is turning to online processes, whether to apply for a loan or purchase a bike. Online processes make it so simple that most consumers are turning towards it. You can buy your favourite Hero bike on EMI on Bajaj Mall. Bajaj Mall is an online store where you can even find bikes. Most consumers trust Bajaj Mall to book a bike online.
Here is how you can buy a Hero bike on EMI on Bajaj mall:
- First, open the website of Bajaj Mall.
- There you will find an endless number of bikes enlisted on the page. Choose the perfect Hero bike and click on it.
- You will see several variants of the bike, prices, EMI amounts, and detailed specifications. You will also see colour variations and EMI options.
- Enter your name, location, pin code, etc., so the seller can send you the product.
- Click on your preferred EMI scheme and continue.
- Provide all required details to purchase the bike on EMI.
- The two-wheeler will be delivered to you within a certain period. Now you can enjoy riding your dream Hero bike within a few days.
Benefits of buying a bike on EMI:
- Improve CIBIL score- The history of your income, expenses, borrowings, and repayments is summarised by your CIBIL score. You are borrowing money to buy the car of your choice when you apply for a two-wheeler loan. Your CIBIL score rises when you repay the car loan on time. You become more creditworthy, making it simpler to get a loan in the future.
- Bike of your choice- The price is one factor that deters many individuals from purchasing bikes. With a two-wheeler loan, you can buy any bike you prefer without worrying about the cost.
- Financial relief- A considerable sum of money will be taken out of your funds when you decide to purchase a bike. This can throw off the balance of your financial plan. The relief of not having to use your savings comes from obtaining a loan for a two-wheeler.
