This innovative TVS XL100 EMI offer allows you to get a 2-wheeler immediately whereas you get a six-month holiday from EMI…
As we said, makers are doling out innovative offers to ease out the cash crunch problem that has gotten created with the COVID-19-led lockdown of almost two months. TVS Motor has come up with an EMI scheme which will allow you to buy the XL100 – its most affordable 2-wheeler – right away when you need it, and pay later.
The scheme which goes by the name ‘Buy now Pay after six months‘ is applicable only for the XL100 moped. A customer willing to buy the model will be offered a moratorium of of six months before his EMI starts. So, for all your immediate requirements you can ride out the moped and your EMI payments will commence only after 6 months.
The Loan to Value for this scheme is 75 percent and it will be valid for people buying the moped till 31 July 2020.
TVS XL100 gets power from a 99.7 cc, fuel injected, Bharat Stage 6 compliant engine which is capable of producing 4.3 bhp of peak power at 6000 rpm and 6.5 Nm of peak torque at 3500 rpm. The moped is available between Rs 43,544 and Rs 45,114 ex-showroom Delhi.