What to consider when taking a bike loan?

Hero Fincorp20 Apr, 2022Business

The most brilliant way to acquire a bike without straining your budget or emptying your pockets is to take out a bike loan. Bike financing programs with no deposit have made it much easier to acquire a bike without paying anything upfront. Bike financing is also convenient because it can be recovered fast over a long period with a low EMI. Nevertheless, before asking for a loan for a bike, you need to consider a few factors. The rate of interest is one of them.