Indian Motorcycle has partnered the HDFC Bank to offer attractive loan options for their customers across the country. The potential buyers will get up to 85% of the amount at just 7.99% interest rate, applicable on a fixed three-year loan term.
The brand is offering the same at all six dealerships in the country, valid till the end of August 2018. Indian Motorcycle rivals Harley Davidson and other cruiser manufacturers like Honda and Triumph in India. The limited period offer can help aspiring buyers pay the minimum possible down payment for their favorite bike and repay the remaining amount in 36 easy installments.
The down payment for Scout Sixty, Scout, and Scout Bobber is fixed at INR 2 lakh. For others, the value will depend on the on-road price for the motorcycle. The range of Indian Motorcycle starts from INR 10.99 lakh, moving all the way up to the mighty Roadmaster at INR 39 lakh.
The range of bikes from Indian are offered with V-Twin large motors with more emphasis on easy riding than sprinting. The smallest motorcycle on offer is Scout Sixty, producing 77 hp and 88 Nm from its 999cc, liquid cooled V-Twin engine. Indian Scout and Scout Bobber shares the 1133cc engine, producing 94 hp and 97 Nm of torque.
Apart from these three, all other motorcycles are available with a 1811cc, twin-cylinder engine producing 150 Nm of massive torque at 2900 rpm. The engine comes mated to a six-speed gearbox. The heaviest of all, Roadmaster Elite, weighs 433 kg with full fuel and all necessary fluids. The 1811cc range of motorcycles starts from INR 18.81 lakh. In comparison, Harley Davidson bikes with a 1745cc engine can be bought from as low as INR 12.59 lakh. They have placed the Milwaukee 114 (1868cc, 156 Nm) equipped Fat Boy for a slightly bigger price (19.95 lakh).