Get Instant Two Wheeler Loans
Overview
Two Wheeler Loans is provided by the Bank for who needs a
mode of transportation, in order to be on time for their job but cannot afford
it on their own. In case, if they cannot purchase a bike, they can take
advantage of the Bank Two Wheeler Loan,
that offers financial support for the purchase of a Two Wheeler.
Two wheeler loans has two categories:
Features and Benefits of Two wheeler
Loan:
- You Can save money
- Less than 4 hrs for loan Approval.
- Various repayment options, ranging from 12 to 48 months EMI available even at the point of purchase.
- Repay via ECS/Standing Instructions/post-dated cheques with easy EMIs.
- Calculate your EMI.
- Get loans without any problem.
- Loan available across India in 3000+ branches.
- Get a quick loan approval.
- Account Holders are eligible for loans up to 100% at attractive interest rates for specific models.
Two Wheeler Loan Eligibility:
- To be qualified for the Bank Two Wheeler credit, you have to:
- Be a salaried or independently employed the person.
- Be between the age of 21 years (at the season of utilization) and <= 65 years (toward the loan's end tenor).
- Procure a base gross salary of Rs. 84,000/ - p.a. for salaried profile and Rs. 72,000/ - p.a. for independently employed profile.
- Dwell for no less than 1 year at the given living arrangement address (if there should be an occurrence of exchange from another area with under 1 year at current area - please give significant archives to the bank amid credit regard stage).
- Be working for no less than 1 year.
- Have a telephone at your habitation or office.
Two wheeler Required Documents
- Evidence of Identity
- Location Proof
- Salary Proof
- For Self-Employed
- Copy of the most recent I. T. returns.
Features & Benefits
- We are the first one to launch Super Bike Loans in India.
- We have the structured policy and process to offer Super Bike Customers.
- India comes up with the Super Bike dealers and the Manufacturers
- Loan available across 3000+ branches Pan India
- Attractive interest rate
- Minimum documentation.
Super Bike Loan Required Documents
- For Self Employed individual
- Income Tax returns of last two years
- Bank statement
- Repayment track record
- Identity proof and Residence proof
- For Salaried individual
- Latest salary slips of three months
- Form 16
- Bank statement
- Repayment track record
- Identity proof and Residence proof
FAQ
What amount of account would I be
able to benefit of?
The base loan sum is Rs. 20,000 and the most extreme is Rs.
1.5 Lacs. However, you can obtain up to 85% of the ORP relying upon the model.
Do I have the alternative to pre-pay
the whole loan sum?
Yes, you can pre-pay the loan whenever following six months
of benefiting of the credit at an ostensible charge.
To what extent will it take to
handle the loan?
The loan gets prepared inside 48 hours of finishing
documentation.
What amount of the reality of the
situation will become obvious eventually take to change the method of
reimbursement/record for reimbursement of my credit?
It will take 25 working days to enact the amended
guidelines. On the off chance that your next portion falls due preceding the
said date, direction as of now held up with us will be exhibited for
installment.
In which different ways would I be
able to reach the bank for points of interest on Two Wheeler Loans?
You can Call us or Visit our branch. On the other hand, for
more points of interest on our Two Wheeler Loans,
Do I require a guarantor?
No, yet in the event that on the off chance that you don't
meet the Bank's standards then you may be required to have an guarantor surety.
A guarantor turns into a co-endorser and accept risk in occasion of default. To
stand surety for your credit.
What are the charges I need to pay
to change the method of reimbursement/record for my credit?
An administration charge of Rs.500 is appropriate for
changes in loan reimbursement directions issued from on the Bank Account (ECS
or PDC office). A check/pay order/interest draft for Rs. 500 favoring (Name of
the bank) and account number of the loan holder
