Monday, 21 May 2018

5 Best Upcoming Motorbikes in 2018 Worth Taking a Two-Wheeler Loan for

Posted by RaviKumar Nama
(Published on 22-May-2018)

The year 2018 is expected to see the launch of several new motorcycles in the Indian market. Here are the top five modern classic bikes to look forward to in this New Year.

5 Best Upcoming Motorbikes in 2018 Worth Taking a Two-Wheeler Loan for!

1. Royal Enfield Interceptor 650 and Continental GT650

Both these Royal Enfield bikes are powered by 648CC, parallel twin-engine that is fuel-injected. It comes with 47bhp power and 52 Nm peak torque. The Interceptor 650 is a little wider and taller than the Continental GT650. The former comes with easy ergonomics in a retro classic street bike design. In comparison, the latter offers a sportier riding position with its café racer design.

2. Triumph Bonneville Speedmaster

The Speedmaster is powered by a 1200CC parallel twin-engine liquid-cooled engine. This engine gives it 76bhp power and 106Nm of peak torque. Some of the features include cruise and traction control, ABS, and two-riding modes.

3. Kawasaki Z900 RS

The Z900 RS is the retro variant inspired by the 1960s and 1970s. It is powered by a 948CC in-line four-cylinder engine. The engine uses a four-into-one exhaust, modern six-speed transmission with slip and clutch assist, and heavier flywheel. The engine makes 110bhp power and 99Nm peak torque. 112.5hp and 98.5Nm

4. Norton Commando 961

This is the first bike from the Kinetic-Norton joint venture and is powered by the 961CC fuel-injected air-cooled parallel-twin engine. It makes 79bhp power and 90Nm of peak torque. This bike comes with adjustable hi-spec suspension and is hand-built at the Donington Park factory.

5. BenelliImperiale 400

The Imperiale 400 is powered by 373.5CC fuel-injected single-cylinder engine. It makes 19bhp power and 28Nm peak torque. The Imperiale 400 is a retro-styled bike that uses telescopic forks up front and dual shocks at the rear. Braking is with disk brakes at the rear and front with the standard dual-channel ABS.

5 Reasons Why 2-Wheeler Loans are Beneficial

Do you want to be the proud owner of one of the aforementioned bikes in 2018? Are you concerned that you do not have the entire amount needed for the purchase? There is no need to despair; a two-wheeler loan may be your answer.

1. Quick and easy

You need to submit your identity proof, name, and address proof (residence and office) along with the bank statement. On receiving the documents, the lenders approve your bike loan application within a short period.

2. Higher quantum

Lenders fund up to 95% of the bike’s value. This reduces the upfront amount you need to pay from your personal resources.

3. Repayment tenure

Financial institutions offer flexible repayment tenure of up to five years on a two-wheeler loan. This ensures you face no liquidity crunches while servicing the loan.

4. Prepayment facility

In case you have the financial resources, you may partially or entirely prepay the outstanding loan amount. However, it is important to determine if the lender levies any prepayment charges on the same.

5. Affordable

Contrary to your belief, the bike loan interest rate is affordable and not very high. Combined with longer repayment tenure and lower interest rate, it is easy for you to own a bike.

Most banks and non-banking financial companies (NBFCs) offer such loans. You may compare different options to own your bike on EMI and enjoy your ride.

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