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Tata Capital > Blog > Loan for Vehicle > Should I Buy a Two Wheeler in the Festive Season?

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Should I Buy a Two Wheeler in the Festive Season?

Should I Buy a Two Wheeler in the Festive Season?

The best time to buy bikes is finally here! If you were waiting for the festive season to buy a two-wheeler, you made the right call. As Navratri, Dussehra, Diwali, and many more festivals line the calendar, leading two-wheeler brands and financial institutions go all out on discounts and deals.

But that’s not it! In this article, we’ll explore various reasons why you should bring home a two-wheeler in the festive season. Read on to find out more.

Lucrative offers

The festive season brings around attractive offers, especially in the auto sector. Buyers can obtain pre-launch offerings, free-of-cost accessories, exchange deals, vouchers, loyalty exchange bonuses, and instant discounts accompanying the arrival. If you’re looking to purchase a two-wheeler, seize the opportunity now.

If you’re short on cash, avail of a two-wheeler loan and finance your two-wheeler purchase comfortably.

Festival discounts

On the arrival of the festive season, many Indian households look forward to buying their first set of wheels. With such a massive surge in consumer demand, automakers offer heavy discounts on select two-wheeler models. Dealerships also extend additional benefits such as a discounted insurance policy, free roadside assistance, attractive cash vouchers, special corporate discounts, etc.

Additional Read: 5 Reasons Why Getting a Two-Wheeler is the Need of the Hour

The arrival of new models in the market

Many customers have their eyes set on a particular model before making a two-wheeler purchase. But if you are someone who likes to explore new models and bag the latest floored mean machine, the festive season is a gold mine for you. That’s because, besides the festive discounts 2021 edition, automakers are also rolling out new models along with special edition pieces this time of the year.

From Bajaj Auto’s Pulsar 250 motorcycle, BMW Motorrad’s 400 GT, New-gen KTM RC390, TVS Jupiter 125, to RC390 and more are expected to grace the showrooms by November. With a great range of models to choose from, you’ll get to select the bike best suited to your riding needs.

Great deals on bike loans

The festive season, often marked by a heavy rise in two-wheeler sales, also witnesses a massive demand for bike loans. To that effect, lenders extend waivers and discounts on loans to capitalise on the festive season rush. With discounted two-wheeler loan interest rates and flexible tenures, you can craft a comfortable and easy EMI repayment plan.

Lenders also offer waivers on the processing fee and other additional discounts for people who apply for a loan online. You can also enjoy quick approvals and fund disbursals at this time. However, before choosing a loan deal, it’s crucial to review various charges associated with the loan along with loan features like tenure, prepayment terms, EMI options, etc.

Additional Read: Is It Advisable To Buy A Two Wheeler on a Credit Card?

To sum it up

With massive Diwali offers on bikes, make your dream of owning a two-wheeler come true this festive season. Tata Capital has your back with competitive interest rates starting from just 10.75 % and flexible repayment tenure. Check out our loan eligibility criteria now!