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Hero Splendor Plus introduction

Hero MotoCorp’s evergreen motorcycle, Hero Splendor was first launched in 1994, and since then, it has reigned over millions of hearts across the country. Counted among the most popular bikes in India, Hero Splendor has dominated the market under the tag of best commuter bike. The success story of this bike is narrated by its longevity, economical fuel efficiency, reliable engine, and more.

If you too want to experience the thrill and joy of owning a Hero Splendor bike but are postponing your plans due to budget strains, then worry not. Just apply for Hero Splendor Plus EMI finance with Hero FinCorp and take your dream bike home.

Standout Features Of Hero Splendor Plus

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Powerful Engine

The all-new Splendor plus comes with a BSVI compliant 97.2 cc, single-cylinder engine. It delivers a 5.9 kW maximum power with a peak torque of 8.05 Nm.

 

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Incredible Mileage

Splendor Plus has a fuel tank capacity of 9.8 litres. Since it comes with i3S technology and a fuel-injected engine, you can rely on its mileage and performance.

 

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Advanced Braking System

The all-new Splendor Plus comes with 130mm drum brakes along with an Integrated Braking System (IBS). So, even if you apply brakes aggressively, the system will distribute the brakes evenly.

 

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Other Features

Some of the other unique features include instant pick up via throttle position sensor, easy high-altitude riding via intake air temperature sensor, low fuel consumption due to the presence of oxygen sensor and crank position sensor, among others.

 

Popular variants of Hero Splendor Plus and Ex-showroom price

Hero MotoCorp Splendor Plus comes in four variants and nine different shades including Heavy Grey with Green, Matte Shield Gold, and Black with Sports Red. Before checking the Hero Splendor Plus EMI, learn about the ex-showroom price by referring to the table below.
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Kick Start with Drum Brake Alloy Wheel-FI

₹64,850

 

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Self Start with Drum Brake Alloy Wheel-FI

₹67,160

 

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Self Start with Drum Brake Alloy Wheel-FI-i3s

₹68,360

 

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Hero Splendor Plus 100 Million Edition

₹70,710

Note:

  • The above ex-showroom price is for Delhi. To find the ex-showroom price of the Hero Splendour Plus in your city, click here.
  • The above price does not include Octroi, local levies, and Entry tax.
  • The Hero Splendor Plus loan amount includes the price of accessories, registration charges, insurance etc.

Hero FinCorp's hero Splendor Plus loan features

Best in-class provider of financing solutions for all your personal financial requirements
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High LTV

One of the most significant advantages of buying Hero Splendor Plus on EMI from us is the higher LTV of up to 95%. You can receive a two-wheeler loan for an amount ranging from Rs 10,000 to Rs 3,50,000 in terms of value.

 

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Flexible Tenure

When you buy a Hero Splendour Plus on finance from us, you can choose a flexible EMI tenure of up to 60 months. Use our Hero Splendor Plus EMI calculator to figure out the ideal repayment tenure.

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Competitive Interest Rate

Bike purchases are pricey and we don't want to add to the burden by charging high two-wheeler loan interest rates. Purchase your Splendor Plus on EMI with us at a competitive interest rate based on your profile.

 

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Minimal Paperwork

We don't need a long list of documents to approve your Hero Splendor Plus Loan. Simply furnish your KYC and income proof along with your application form and get an instant two-wheeler loan approval.

 

Hero Splendor Plus online booking process

Don't have time to visit the Hero MotoCorp dealership in your city? No worries for now you can book your bike online through the brand’s website. To initiate the process, follow these steps:

 

  • 01

    Click here to visit the official website of Hero MotoCorp.

  • 02

    Go to the product section and select the Splendor Plus model from the drop-down menu.

  • 03

    On the next page, click on the "Book Online" option.

  • 04

    Choose a colour and a variant, then provide your state and city information.

  • 05

    Choose a dealership, select the Hero Splendor Plus financing option, agree to the terms and conditions, and then submit your request.

Hero Splendor Plus loan criteria and documents required

Eligibility criteria

If you wish to buy Hero Splendor Plus on EMI from us, you must meet the essential requirements listed below.

Citizenship & Age
  • You must be at least 18 years old and an Indian citizen.
Work Experience
  • If you are salaried, you must have at least one year of overall work experience and six months of experience in your present job.
  • If you are self-employed or a business owner, you must have at least one year of experience in your current business.

Documents required

To apply for a Hero Splendor Plus loan with Hero FinCorp, here is the list of documents that you will require

  • Two-wheeler loan application form (duly filled and signed).
  • KYC documents such as identity and address proof.
  • Proof of income such as bank statement etc.
  • One passport size photograph.

* We evaluate a few more aspects such as your credit history when determining whether or not to approve your Hero Splendor Plus finance application.

 

Minimum Hero Splendor Plus down payment

When it comes to daily commuting, Hero Splendor Plus is one of the most popular bikes. If this bike has been on your wish list for a long time but you have not been able to buy it owing to financial constraints, consider Hero Splendor Plus down payment and EMI finance option. At Hero FinCorp, you can buy your dream bike by paying just 5% of the invoice value as a downpayment.

 

How to apply for Hero Splendor Plus loan?

Are you looking for a way to buy Hero Splendor Plus on EMI? If yes, we give you an option to apply either online through our website or offline by visiting your nearest Hero MotoCorp dealership.
 

APPLYING ONLINE

  • 01

    Click here to visit our Hero Splendor Plus loan application page. 

     

  • 02

    Tap on the “Apply Now” option.

     

  • 03

    Share your basic details and select your nearest Hero MotoCorp bike dealership.

     

  • 04

    Go through the fine lines, tick the checkbox, and agree to our terms and conditions.

     

  • 05

    After your submission, one of our representatives will contact you for further details necessary for loan approval.

     

APPLYING OFFLINE

  • 01

    Visit the nearest dealership of Hero MotoCorp in your city.

     

  • 02

    To check Hero MotoCorp dealerships in your city, click here

     

  • 03

    Connect with our representatives and discuss your needs with them.

     

  • 04

    Fill in the offline application form.

     

  • 05

    Submit the relevant documents such as KYC, income proof etc.

     

  • 06

    Depending upon your documents, we will approve your loan within 48 hours.

     

Frequently Asked Questions (FAQs)

If you are buying a Hero Splendor Plus on EMI through Hero FinCorp, you will have to pay a minimum of 5% of the bike's invoice value as a down payment. However, keep in mind that the down payment percentage changes from one customer to the next due to the different risks associated with various profiles.

The interest rate on Hero Splendor Plus EMI is based on the risk associated with your profile. Following are the aspects that we consider when approving your bike loan application.

  • Borrower's income and work experience
  • Age
  • Borrower's credit history
  • Debt-to-income ratio
When you apply for a Hero Splendor Plus EMI with Hero FinCorp, you have the option of selecting the tenure that best fits your budget. Hero FinCorp provides a flexible tenure of up to 60 months.
When applying for Hero Splendor Plus finance with Hero FinCorp, the minimum amount that you can avail of is Rs 10,000, while the maximum amount for Hero bike loans is Rs 3,50,000.