Motorcycles are more than just a mode of transportation. They are a passion, a lifestyle, and a symbol of freedom. The feeling of wind in your hair and the roar of a powerful engine beneath you is unbeatable. But affording the perfect ride can be challenging, especially when it comes to sports bikes like the Bajaj Pulsar RS 200 and KTM RC 200. However, with the help of two-wheeler loans, you can fulfill your dream of owning a sports bike without breaking the bank.
In this article, we will compare the Bajaj Pulsar RS 200 and KTM RC 200 in terms of their features and two wheeler loan processing fee. By the end of this article, you will have a better understanding of which bike is right for you and how to finance it.
1. Bajaj Pulsar RS 200
The Bajaj Pulsar RS 200 is a beast of a bike. It comes with a 199.5 cc, liquid-cooled engine that delivers 24.5 bhp of power and 18.7 Nm of torque. It has a six-speed gearbox and can reach a top speed of 140 kmph. The bike is designed for performance and features a twin-spar perimeter frame, a monoshock suspension, and a 300 mm front disc brake with ABS.
The Bajaj Pulsar RS 200 is priced at around Rs. 1.52 lakhs (ex-showroom) and comes with a processing fee for two-wheeler loans of around Rs. 1,500 to Rs. 2,500. The loan tenure for the Bajaj Pulsar RS 200 ranges from 12 months to 60 months, and the interest rate varies from 11% to 18% depending on the bank or financial institution.
2. KTM RC 200
The KTM RC 200 is another popular sports bike that is known for its performance and style. It comes with a 199.5 cc, liquid-cooled engine that delivers 25 bhp of power and 19.2 Nm of torque. It has a six-speed gearbox and can reach a top speed of 140 kmph. The bike features a trellis frame, a WP upside-down fork, and a 300 mm front disc brake with ABS.
The KTM RC 200 is priced at around Rs. 2 lakhs (ex-showroom) and comes with a processing fee for two-wheeler loans of around Rs. 2,000 to Rs. 3,000. The loan tenure for the KTM RC 200 ranges from 12 months to 60 months, and the interest rate varies from 11% to 18% depending on the bank or financial institution.
3. Processing Fees for Two-Wheeler Loans
When it comes to financing your dream bike, processing fees for two-wheeler loans can make a big difference in the overall cost of the bike. Processing fees are the charges that banks or financial institutions levy for processing your loan application. These fees can range from a few hundred rupees to a few thousand rupees, depending on the lender and the loan amount.
In the case of the Bajaj Pulsar RS 200 and KTM RC 200, the processing fees for two-wheeler loans are relatively low compared to other sports bikes. The processing fees for the Bajaj Pulsar RS 200 range from Rs. 1,500 to Rs. 2,500, while the processing fees for the KTM RC 200 range from Rs. 2,000 to Rs. 3,000.
4. Loan Tenure and Interest Rates
The loan tenure and interest rates for two-wheeler loans are important factors to consider when financing your sports bike. The loan tenure refers to the duration for which you will be repaying the loan. Generally, the longer the loan tenure, the lower your monthly installments will be. However, a longer loan tenure also means that you will end up paying more interest over time.
The interest rate is the amount charged by the lender for borrowing the money. It is expressed as a percentage of the loan amount and can vary based on a variety of factors, such as your credit score, income, and loan amount.
For both the Bajaj Pulsar RS 200 and KTM RC 200, the loan tenure ranges from 12 months to 60 months, and the interest rates vary from 11% to 18% depending on the lender and the borrower’s creditworthiness. It is important to shop around and compare different lenders to find the best loan offer that suits your budget and requirements.
Conclusion
In conclusion, affording the perfect ride is possible with the help of two-wheeler loans. The Bajaj Pulsar RS 200 vs KTM RC 200 are both excellent sports bikes that offer a thrilling riding experience. When it comes to processing fees for two-wheeler loans, both bikes are relatively affordable, with fees ranging from Rs. 1,500 to Rs. 3,000. However, it is important to consider the loan tenure and interest rates when financing your dream bike.
Ultimately, the choice between the Bajaj Pulsar RS 200 and KTM RC 200 depends on your personal preference, budget, and riding style. Whether you opt for the Bajaj Pulsar RS 200 or KTM RC 200, both bikes offer excellent performance, style, and value for money. With the right two-wheeler loan, you can make your dream of owning a sports bike a reality without breaking the bank.
