GT Force bikes Finance
GT Force Two Wheeler Loan EMI
MODEL | EMI (36 MONTHS) |
---|---|
GT Drive Pro | Rs. 2,598 |
GT One Plus Pro | Rs. 2,336 |
GT RYD Plus | Rs. 2,107 |
GT Texa | Rs. 3,611 |
GT Vegas | Rs. 1,780 |
GT Force bikes Finance Schemes
FAQs for GT Force Finance
How is GT Force bike loan EMI calculated monthly?
GT Force bike loan EMIs include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI can be calculated using the following formula: {P x R x (1+R)^N / [(1+R)^N-1]} where, P = Principal amount of the loan, R = Rate of interest and N = Number of monthly installments.
Which documents I need to have to apply for a GT Force two wheeler loan?
To get your GT Force bike loan application with the selected lender, you would be required to submit your KYC documents, which include your identity proof and current address proof, a copy of your PAN Card, your bank statement and your income proofs (Form 16/Salary Slips/ITR). You can get the exact requirement from your loan consultant after applying with us.
What will be the minimum down payment for a GT Force Bike/Scooter loan?
The lenders generally finance 90% of the ex-showroom price of the GT Force two wheeler. Some customers might be eligible for 100% funding too. This means the minimum possible down payment that you have to pay includes the RTO and insurance charges for the GT Force bike. Down payment is the difference between the on-road price of the GT Force bike and the amount funded by the lender.
What will be the rate of interest on a GT Force bike finance?
The interest rate primarily depends on the principal amount and tenure of the loan amount of the GT Force two wheeler. Interest rate of lenders generally varies from 9.7% per annum to 15% per annum.
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Popular GT Force Two Wheelers
- Bikes
- Scooters
- GT TexaRs 1.20 Lakh*
- GT Drive ProRs 85,999*
- GT One Plus ProRs 76,999*
- GT RYD PlusRs 68,999*
- GT VegasRs 57,999*