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Two Wheeler Loan

Our Two Wheeler Vehicle Loans are offerred to individuals who are keen to purchase their favourite motorcycle, scooters, along with the latest superbikes. We provide attractive financing schemes offer all types of two wheelers that match your requirements. Loan amount up to ₹200000. Loan tenure upto 36 months.

Features

  • The interest rate for the product ranges Upto 30%.
  • Loan tenure is up to 36 months.
  • Ticket size up to ₹2,00,000.
  • Hassle free loans – Quick turn around time.
  • Loans provided to purchase two wheelers in urban, semi-urban & rural areas.
  • Rapid Loan Servicescaters to farmers, self- employed nonprofessional (businessmen), self-employed professionals, salaried customers.

Eligibility

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Customer Profile

Small Enterprises which includes retailers, traders, small manufacturers and service providers.

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Age

Between 18 to 65 years

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Monthly Income

₹8,000/- or above

Documentation

  • Photograph
    • Latest Color Photograph
  • Identity Proof Of Applicant(Any One)
    • Voter ID Card / PAN Card / Passport / Driving License / Aadhar Card
  • Age Proof (Any One)
    • Voter Id Card With Date Of Birth/Pan Card/Passport/Driving License/ Aadhar Card/Govt. Issued Document With Date Of Birth.
  • Signature Verification
    • Bank Signature Verification
  • Address Proof (Any One)
    • Electric Bill/ Tax Bill/ Water Bill/ Gas Bill / Fixed Line Telephone Bill / Postpaid Mobile Bill
  • Ownership Proof(Any One)
    • Electric Bill/tax Bill/water Bill/possession Letter Or Sale Deed With Latest Utility Bill
  • Identity Proof of Firm (Any One)
    • Shop Establishment Certificate/pan Card/pan Intimation Letter/wealth Tax Assessment Order / Partnership Deed And Supplementary Agreement For Appointment And Retirement Of Any Partner
  • Income Proof (Any One)
    • Sales And Purchase Bills / Itr / Financials With All Schedules Of Last 3 Years For Salaried Applicants - Salary Slip of last 3 months / Form 16 / TDS Certificate For Farmers - 7/12 & 8A Extract with milk income proof.
  • Bank Statement
    • Last 6 month's Bank Statement Of All Bank Accounts.

Common Question for this loan

To purchase a new two-wheeler for personal or commercial use.

Salaried or self-employed, age 18+, steady income source, valid KYC, good loan repayment history.

Rates are offered based on LTV, Vehicle type, customer profile. Rate for T/W loan range from Upto 30%.

Up to ₹2 Lakh.

12 to 36 months.

Within 24 hours.

We offer up to 90% of vehicle's value as per the customer's profile.