Believe it or not! India’s festive season brings with it a range of attractive offers and exclusive deals from retailers, primarily in the auto sector. Be it Durga Puja, Dhanteras, Navratri, Dussehra, Lakshmi Puja, or Diwali, the festive discounts galore two wheelers and cars alike.

Believe it or not! India’s festive season brings with it a range of attractive offers and exclusive deals from retailers, primarily in the auto sector. Unmistakable decorations, fervour, and celebrations aside, months from August to December also comprise the season of purchases.

However, the pandemic slowed down vehicle purchases in 2020. But fret not! The festive season of 2021 brings a myriad of exciting offers on two-wheelers for potential buyers, along with festive offers on vehicle loans.

Additional Read: Why is Festive Season the Best Time for Purchasing Two Wheelers

Even with markets abuzz and great bike deals available, you still know that the festive discounts and bonuses are unlikely to cover the costs. Hence, it is best to avail of vehicle finance. Especially if you are eyeing a coveted bike or scooter, getting a two-wheeler loan during the festive season becomes much more accessible. Let’s find out why.

Lower interest rates

As the festive season progresses, the demand for two wheelers increases. Naturally, many lenders come forward with competitive interest rates on festive loans. These loans are likely to be more economical during the high season and offer lower interest rates compared to other alternatives. And, this provides you with easy bike finance solutions to purchase your desired two wheeler without any financial strain.

Easy EMI and repayment options

Unsecured festive financing provides tailored repayment schemes with superior flexibility along with zero-per cent loans and comfortable EMI facilities. Lending institutions allow borrowers to pay in equal monthly instalments and even increase the EMI as their income goes up. Several lenders also allow consumers to pre-pay festival loans without any penalty.

No Processing Fees and No down payments

Typically, applying for a vehicle loan requires minor charges to be paid upfront. Meanwhile, in festive season offers, no marginal amount is generally levied during the entire purchase. And the processing fee is also minimal. Some lenders even offer absolute waivers on the processing fee along with add-on benefits for borrowers securing online loans.

Besides, two-wheeler loans do not require collateral, asset, or a deposit as security against the borrowed loan amount. This means that you can buy your dream motorcycle with a bike loan without worrying about the down payment and upfront costs.

Easy eligibility criteria

As markets brim with consumers looking for financing solutions, lenders ensure that the eligibility criteria for festive offers are simple and easy-to-fulfil. All you need is basic residential and work stability, and you can get your two wheeler for personal use, business purposes, or travelling safely in times of the COVID-19 pandemic.

Additional Read: Best Discounts and Offers on Bikes and Scooters during Festive Season

The bottom line

During the festival season, lenders offer attractive offers on loans with lower bike loan interest rates, discounts on processing fees, a quick application process, and flexible EMI solutions. These offerings give you more options to choose from and save a significant amount of money in the long run. If you are still recovering financially from the pandemic and require assistance to bring home a bike and this Diwali, turn to Tata Capital. Apply for a motorcycle loan to enjoy flexible tenures and competitive interest rates.

0 CommentsClose Comments

Leave a comment

To know more about Terms & Conditions, click here.


This communication is provided for general information only, without regard to any specific objectives, financial situations and needs of any particular person. This communication does not constitute an offer or invitation to avail services and no part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. Nothing in this communication should be considered as an investment or financial advice, nor should this communication be construed as an advice to buy or sell or as a solicitation to buy or sell the securities if any referred to herein. The intent of this communication is not recommendatory in nature. This communication is being supplied to you solely for your information and the same should not be reproduced, redistributed or passed on, directly or indirectly, to any other person, or published or copied, in whole or in part, for any purpose whatsoever.