Loan for KTM Duke 125 2020 – All about KTM Duke on the basis of Price, Features, User Reviews, Down Payment, Loan Process, Finance, Colours & more. KTM has launched its most affordable bike Duke 125 in India. The company has priced it at Rs 1.18 lakh (ex-showroom, Delhi). Bookings for this bike were started a month ago.
Considering the choice of racing bike lovers, Automobil company KTM has launched the new bike KTM 125 Duke in the Indian market.
KTM DUKE 125cc SPECIFICATION
The KTM 125 Duke has a 124.7cc Liquid Cooled Single Cylinder DOHC Motor, which provides the torque of the bike at 9,250 rpm and the power of 14.5 horsepower and 12 nm torque at 8000 rpm. At the same 6-speed manual transmission in this bike. This bike has 43MM USD frock and an adjust bell monashock.
This bike, which looks like 200 Duke, has been given a redesigned graphics. This street-knocked bike has trilly frames, aluminum swingarm, 43 mm upside down forks in the front and 10-step agostable monocock in the rear. KTM 125 Duke’s seat height is 818 mm and weighing 148 kg. The information about the new bike mileage has not been revealed yet, because of the 124.7cc engine, better mileage will be available.
KTM DUKE 125cc BOOKING AND AVAILABILITY
During the launch of 125 Duke, the company has said that the new bike will be available on the 450 showrooms located in KTM nationwide. Let us tell you that the cheapest of this bike in KTM is now about a month ahead of the booking.
In India, 125cc is one of the strongest and the best motorcycle in the segment of segments. Significantly, this bike’s bike is made available at best mileage and cheap price in India and updates are also done keeping in mind the customer’s interest. If you are looking for a performance bike of 125cc, then it will be a perfect choice for you.
KTM DUKE 125cc LOAN PROCESS
If you are interested to buy KTM Duke 125cc and you don’t have money don’t worry, you have a lot of options such like bike loan. A various public and private sector banks offers bike loan on the basis of customer profile or eligibility criteria.
KTM DUKE 125cc LOAN ELIGIBILITY CRITERIA
Individuals who are a minimum of 21 years of age at the time of applying for the loan, and no older than 65 at the end of the loan tenure.
Those who earn a minimum gross income of Rs. 84,000 per year for a salaried profile, and Rs. 72,000/- per year for a self-employed profile
KTM DUKE 125cc LOAN EMI
So now i want to share how you can approach a bank for bike loan to fulfill your dream. Note that bank will charge 3% of Loan Amount to process your bike loan and Maximum – 3% of Loan Amount for documents process.
Calculate Loan EMI for KTM Duke 125
If you are going to apply bike loan at HDFC Bank for the loan amount around 1.20 lakhs and the bank offers interest rate at 11.5% for 24 months. Now you have to ask what will be your emi and what will be your principal amount, what will be your interest amount. Here we describe all the things:
LOAN AMOUNT: 120000
INTEREST RATE: 11.5%
TENOR/REPAYMENT OPTION: 2 YEARS (24 months)
LOAN EMI: 5,621
TOTAL INTEREST PAYABLE: 14,900
TOTAL AMOUNT: 1,34,900
KTM DUKE 125cc LOAN EMI BREAKUP
|2018||₹ 8,985||₹ 2,257||₹ 1,11,015|
|2019||₹ 57,660||₹ 9,790||₹ 53,356|
|2020||₹ 53,356||₹ 2,853||₹ 0|