Close ILTakeCare Suggestion
IL TakeCare app – For all your insurance & wellness needs

Policy purchase, claims, renewal & more

 

Ganesh Chaturthi: Bring Home a New Bike

Buying a bike on Ganesh Chaturthi is ideal due to festive promotions and new model releases. This guide explains the benefits of purchasing during the festival, provides key tips on selecting the right bike, and underscores the importance of securing proper bike insurance.

  • 21 Aug 2024
  • 3 min read
  • 160 views

Ganesh Chaturthi is an important Hindu festival that marks the birth anniversary of Lord Ganesha. However, the festival is not limited to pujas, offerings, and pandal hopping. Many choose this auspicious day for a housewarming ceremony, to start a new venture, to buy new vehicles, and more. So, if you have been thinking of buying a bike of late, Ganesh Chaturthi is an ideal time to bring home a new one. Read on to learn the benefits of buying a bike for Ganesh Chaturthi.

Buying a New Bike for Ganesh Chaturthi

Besides being an auspicious day to buy new things, there are more reasons to buy a bike during Ganesh Chaturthi. Lets take a look.

  1. New models:

    Many bike manufacturers choose important festivals like Ganesh Chaturthi to launch new bikes. Hence, if you are keen to buy one of the latest models, you will find many options during this time of the year.
  1. Special offers:

    Ganesh Chaturthi is one of the most auspicious days for buying new things. Hence, manufacturers and dealers offer many amazing deals and offers during the 10-day festival to attract more customers and increase sales. From attractive discounts to complimentary accessories, you can enjoy many special offers on bikes.
  1. Better financial deals:

    During Ganesh Chaturthi, many financing companies also offer better deals and lower interest rates on loans. Moreover, if you are looking to buy a bike on EMI, you are likely to get better options during the festival.

Things to consider when buying a new bike

When you are buying a new bike, make sure you keep the following things in mind for a good purchase.

  1. Cost of the bike:

    Although you will find many amazing and expensive bikes in the market, choose one that best matches your requirements and pocket. Also, remember that once you buy a bike, you will have to spend a significant amount on refuelling and maintenance from time to time. Hence, make sure you consider these factors and choose a bike accordingly.
  1. Usage:

    While purchasing a bike, select one keeping its usage in mind. For example, if you need a bike for long-distance rides, choose one that is comfortable, strong, and durable. On the other hand, if you love bikes and are keen to add a new one to your collection, you can choose a luxury bike or your favourite one.
  1. Test rides:

    Before zeroing in on a bike, make sure you opt for test rides to understand the features, riding posture, and comfort of the bike. A bike is an expensive machine, so it is important to take advantage of this option and make an informed purchase decision.
  1. Two-wheeler insurance:

    The Motor Vehicles Act of 1988 makes it mandatory for bike owners to have at least a basic third-party bike insurance policy before taking their bikes on the road. However, if you are looking for wider coverage to safeguard your bike against unforeseen events, such as accidents, natural calamities, and third-party liabilities, you can opt for a comprehensive bike insurance policy .

Conclusion

A bike is one of the most important and common modes of transport in the country. It is less expensive and easier to navigate through narrow streets and busy roads. Therefore, if you want to buy a new bike, Ganesh Chaturthi is a good time to make the purchase. However, make sure you cover it under a bike insurance policy to avoid legal liabilities.

Also read:

Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the Insurance industry and products. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.  

  • Looking for tailored advice?

    Schedule a call with our insurance advisors

  • OR
  • Call us:

    1800 2666
Please enter valid name
Please enter a valid mobile number
Please select the Category

Subscribe to our newsletter

Understand insurance better by reading our helpful guides, articles, blogs and other information.

Please enter valid name
Please enter valid Email

Hi there!

Let us help you explore and buy a new policy.

Chat now
Available 24 x 7

Error message here