re: KTM Duke 390 Launched in India at Rs 1.8 Lakhs: xBhp News

Oh, but we have test rides

KTM Marathahalli has been giving test rides over the weekend (and even had an accident and lost a bike!). My office isn't too far away so a friend and I just dropped in today. Got test rides on the ISRO road which is a pretty decent stretch.

What I hear is that Bangalore showrooms may be sharing test bikes for now. The bikes were going to be sent from Marathahalli to Langford a couple of hours ago and I heard I'nagar would offer test rides on an appointment basis. You may want to call them soon if that is the case.

re: KTM Duke 390 Launched in India at Rs 1.8 Lakhs: xBhp News

HDFC charge 18% on Personal loan amount (Reducing)

re: KTM Duke 390 Launched in India at Rs 1.8 Lakhs: xBhp News

Seconded. Try for personal loan offers which come with Credit Card or with private bank accounts. I know that Citi and StandardChartered have given personal loans for 13-14% reducing with 1% or less processing fees. Added benefit is not account opening and no hypothecation to take care of after the loan tenure + no charges on prepayment.

re: KTM Duke 390 Launched in India at Rs 1.8 Lakhs: xBhp News



Dude Go to canera bank, Procession fee is only 0.01% or Rs. 250/- whichever is less.

Reducing Int rates,
You can even pay more than EMI,
Upto 4 Year repaying time,
and no charge on pre payment.

(No Hidden charges)

Only Govt sector bank which can give you bike loan for more thn 1 lac, Rest of the bank pay limited amount for Bike loan upto 70k maximum,
while canera bank gives you upto 70% of the bike value.

go for it, cheapest and best.

ROI will be Near by 13% on reducing. (approx 9% fix)


What PVT banks do, they take Interest even if you Pay the loan

i.e. they charged Rs. 30000/- for 3 year for 100000/- lac. as 10% fixed.

Even if you're paying a EMI of Rs. 3610/- for 1 year.


after the year Loan amount will Remain at Rs. 86680/- (130000-43320).

for next year they has to charge 10% of Rs 86680/- but they don't do, and they deduct the amount of Base loan amount of Rs. 100000/- as Rs. 10000/- instead of Rs 8668/-

Little weak in English, Sorry if you can't understand

re: KTM Duke 390 Launched in India at Rs 1.8 Lakhs: xBhp News

Lol. This has to be one of the most dumb loan disbursing facilities around. I see a lot of semi urban(even rural) customers walking in/out of the Vijaya bank branch right next to where I live. If a salaried customer like you has to go through so much red tape, I wonder what those customers are made to 'furnish' and 'guarantee' ?
I am sure most of them won't have valid PANs or other docs. Or may be these folks don't need a loan anyway, awash as they are with money gotten out of land sold to government for various projects. The customers I see walking in/out might have walked in/out to open lockers or deposit gold jewellery in them. I see most of these folks, men more than women, flaunting 'mota' gold chains and bracelets, the shirt unbuttoned at the top, to aid the flaunting

If you work for an MNC/ Indian corporate, chances are you'd find corporate loan schemes with certain big private banks(read ICICI, AXIS and HDFC, the biggest 3 private players in banking sector in India). These loans are mostly personal loans and even they work out cheaper than the regular 2 wheeler loans.
For example HDFC is offering me 13.99 reducing rate which translates to 7.8 fixed for 3 years if I am not wrong. Plus you have the bike in your name and not the bank's.

re: KTM Duke 390 Launched in India at Rs 1.8 Lakhs: xBhp News

[MENTION=15063]riot[/MENTION] - Hey, bro! I would like to know if HDFC can give a personal loan/two-wheeler loan for the whole amount of bike OTR price. I do not have salary account in HDFC but keep getting calls for Personal Loans. What documents would they ask in this case. Any other bank that you inquired? Sorry for being pesky, work timings are hardly allowing to venture out for such details!!

Thanks

re: KTM Duke 390 Launched in India at Rs 1.8 Lakhs: xBhp News

Ask them to give this in writing. I too was told the same thing, by the AXIS guys, that I can close it off whenever I want. When the HDFC guy comes to you for your signature on the loan document , make sure the repayment terms are mentioned in the document. These guys are very cunning, once you sign the document, they won't even pick your call.

re: KTM Duke 390 Launched in India at Rs 1.8 Lakhs: xBhp News

Again a week . Don't know whats with Bangalore RTO? Is it the same in Indiranagar KTM ??? Anyone...

Bhai at-least Kolkata has got test-rides imagine we Bangloreans ...

re: KTM Duke 390 Launched in India at Rs 1.8 Lakhs: xBhp News

I tried to stick with Vijaya Bank but every day they ask me to get some new paper signed (visited there branch 5 times so far) . First they wanted me to open an account with them and i did. Then they asked me to open an account for my guarantor (my sis) and i did that too. Now they want me to attach a complete asset and liability statement declaring all my assets along with my Guarantors, attested by a CA and pay them Rs 2400 as inspection charge (1200 per account), Inspection will take approx 3 days. Additionally i need to add last 3yrs Form 16 of both mine and my guarantors along with 3yr bank statement, existing loan statment (my sis has a open car loan) and 6 months salary slip and what not. All this for a mere 1.6L loan.
So i decided to go for HDFC. hassle free loan and they said i can pre-close my loan without any additional charges after 1st year .

re: KTM Duke 390 Launched in India at Rs 1.8 Lakhs: xBhp News

[MENTION=15063]riot[/MENTION]:- If possible try and stick to the Nationalized banks, nothing like those. With the Nationalized banks, you can have the liberty of repaying more than the actual EMI and get rid of the loan quickly.

FYI, when I was buying my car, I too felt like you ignored Nationalized banks and went for AXIS bank, now I want to close off my loan but buggers are asking me to pay a penalty, which I don't want to. Another friend of mine took loan from SBI for his car, the manager tells him to pay the EMI whenever he has money.

re: KTM Duke 390 Launched in India at Rs 1.8 Lakhs: xBhp News

Been searching for good loan schemes for Duke for a while now. The scheme offered by Vijaya Bank is good but requires way too many documents and is wasting my time. So checked out with HDFC bank as i have a salary account with them and here are the finance schemes available.

Finance schemes as per 2,01,000 on-road Delhi (helmet price of 5xx not included).

Loan Amount: 1,70,000
Downpayment: 51500 (includes 3 EMIs and 0.25% processing fee)
33 EMIs of Rs. 5997
ROI - 9% (flat)
-------------------------------------
Loan Amount: 1,60,000
Downpayment: 54800 (includes 2 EMIs and 0.25% processing fee)
34 EMIs of Rs. 5724
ROI - 9.6% (flat)
-------------------------------------
Loan Amount: 2,00,000
Downpayment: 27500 (includes 3 EMIs and 0.25% processing fee)
33 EMIs of Rs. 7056
ROI - 9% (flat)

Documents required:
2 Passport size photos
1 Address proof
1 ID proof
3 Latest Salary slips


Anyone else looking for finance schemes please pour in your suggestions.

re: KTM Duke 390 Launched in India at Rs 1.8 Lakhs: xBhp News

WTF is going on,1st bike on road but still no review from xbhp or any other sites!!!What is stopping or who are gagging you people?

re: KTM Duke 390 Launched in India at Rs 1.8 Lakhs: xBhp News

Called up BTM KTM. Still no test rides available. Will take a week I was told.

I think I will wait for the first lot to be delivered before I book mine.

re: KTM Duke 390 Launched in India at Rs 1.8 Lakhs: xBhp News

considering the pune rains and the 250kms riding in the rain, no not really, it does not collect too much grime, neither does it end up throwing too much stuff on your riding boots during the rain.

re: KTM Duke 390 Launched in India at Rs 1.8 Lakhs: xBhp News

It would wheelie like crazy at a slight twist of throttle, would do 0-100 kmh in 4 sec, and would bang on hit the rev limiter in 6th at 135 kmh.