Can i purchase a bike prior to having my bike license? ie with loan from bank..

I have personally tried the Monster and its easy to handle hence they term is a good beginners bike. I am aiming to get one soon as well. which bank give the best loan rate for bikes now? i was told RHB with 4% is the best bet now..

Good question bro..i'd like to an answer for that too

Well, everyone has their own preference. To me, the monster is a great bike and maintenance is not too much of an issue for me. I have no issues with the bike ergonomics also as I think its quite well suited for my built, just right actually.

Again, its all down to individual preference and of course time will tell for the owners decision to upgrade or not.

Anyone familiar with loan rates for bikes now with banks? was given 4.5% by RHB. Need some enlightenment here...should I take a shorter period loan with higher downpayment or a longer period loan with lower d/p? by rule of thumb of course shorter period loan is better but the d/p is a bit too steep for me. any other downside for a longer period loan, let's say 7 yrs?

Thanks bros for the info..well the loan rate is 4.5% be it 5 or 7 yrs. that is the info given by the shop..5 yrs with 30% dp and 7 yrs with 20% dp. I can afford the dp and monthly commitments just that 30% dp is a bit too steep. so I just want to know what i'm up against and consider the pros and cons before making the important decision.

Thanks for the breakdown of what to expect bro lucifah.the reason why I think the dp is steep is cos I am allocating funds for 2 project cars hence I need to budget wisely.
Riding gears which are essential must not be missed out..I have allocated a rough amt for that.
How is the bike insurance calculated btw?
Upgrades..ah the beauty and downfall of it..sometimes it can't be helped but until my project cars are done I will only upgrade what I can afford I guess.
Bro lucifah,what was the financial status at the time when u got your er6?aka loan interest rate and all.

i see..should not be a problem there then..guess it should be pretty standard in terms of coverage and pricing (perhaps a little variance) for new bikes.

ah yes..forgot that u got the bike with an full upfront payment.

I guess i will most prolly go with the 5 yr loan with the 30% dp. thanks for the advice so far bro.