How to get a motorcycle, as opposed to a car loan, without an intermediary?
If you want a new car, it’s a good idea to hire an agent, rather than go to a dealership or a dealer network.
That’s the advice of a Mumbai-based financial advisor, who has put a number of his clients on the road and is now offering a series of advice to anyone considering taking on a motorcycle.
Mumbai-based finance expert Dr Deepak Saini is offering a one-stop shop to anyone with an interest in buying a motorcycle or moped from a dealer or from a reputable bank.
It costs just Rs 500 (around $5,000) and takes just a few days to complete.
Here are the steps:Step 1.
Identify the motorcycle.
The most important part of the process is to know exactly what the motorcycle you want to buy is and how much it will cost.
A motorcycle is a car that you own.
It is not a vehicle, a car is a vehicle.
If you have a car, you can pay for it at a car dealer or a motorbike dealer.
When buying a bike, you should also check the motorcycle’s specs and whether it will be suitable for you.
If it is, you will need to have the finance agency’s approval to borrow money.
Go through the dealer’s website and the finance company’s website to make sure that the company is a reputable one.
If you’re a novice buyer, the dealership may not be a good option.
In addition, there are some dealers who offer a lot of different loans at different rates.
A good way to check out all the options is to do a Google search for “bikes in Mumbai”, which will list a large number of local bike shops.
As an example, here are some of the major lenders in Mumbai:Rajesh K. Chowdhury, CEO, Capital Motorcycle Dealers & FinanceGroup, said that most of his customers who take on a loan with him are beginners.
“Our customers are looking for a cheap, reliable and comfortable motorcycle that can do any task in the city, whether it be for daily commuting, for business trips, for holidays, or even for a road trip,” he said.
While we don’t advise going to a dealer for a motorcycle purchase, it is not impossible.
The process of getting a loan from a bank or a car dealership is much easier.
For example, in Mumbai, there is a bike loan guarantee scheme, which allows people to get loans for bikes up to Rs 2 lakh ($300) from a single lender.
But you may be wondering why you should pay for a bike while getting a car.
In fact, the reason is quite simple.
The car loan guarantee is available only for people with a monthly income of less than Rs 1 lakh.
So, a bike can be more affordable.
For those with income above Rs 2.5 lakh, a motorcycle can be a much more affordable option, which will give you a better bang for your buck.
Here are the best motorcycle loan deals for Mumbai, based on the number of loans offered by each of the lenders.
How to borrow a motorcycle from a financial institution without an advisor:A bank can offer a motorcycle to you, if it is available and the interest rate is below the Rs 2,000 loan limit.
You can also borrow the bike from a credit union, or a bank can pay a deposit and cover the remaining balance in the form of a credit card.
But for the most part, you need to contact the bank directly and get the money back.
You can borrow the motorcycle from the bank, or pay the deposit and pay the remaining amount to the credit union.
You’ll need to check the bank’s website first.
To borrow a bike without an auto loan:The best way to borrow the most cost-effective motorcycle from an auto lending company is to rent a motorbikes from them.
This means that you pay a minimum deposit and a deposit is automatically deducted from the price you pay.
The cost of the rental is deducted from your monthly income.
Rent a motorcycle in Mumbai from an Indian auto lending partner:There are also a few Indian auto loan companies that are popular among people who want to borrow motorcycles without an agency.
They can rent a motorcycle for a minimum of Rs 10,000 per month.
You will need a credit score of about 700 or above.
These companies have been offering motorcycle rentals for several years.
Do you have any questions about the best way of borrowing a motorcycle without an an agent?
Share them in the comment box below.