Two Wheeler Loans
A Smarter Loans
How to get a Two Wheeler Loan in 3 simple steps
Now get your Two Wheeler Loan in simple steps. Follow these simple steps to get your loan:
- Eligibility is checked online while you are at the dealership
- Post approval documentation along with application form to be submitted
- Money transferred to dealer and you have your vehicle
Salaried/ Self employed
- Age
Minimum- 21 Years and Maximum- 60 Years at loan maturity
- Loan Amount
Minimum- Rs.10,000 and Maximum Rs.20,00,00
- Tenure
Minimum – 12 months and Maximum – 36 months
- Residential Stability
Minimum 1 Year
- Employment Stability
Minimum 1 Year
Documents Required
- ID Proof
Passport /Pan Card /Driver’s License /Voter’s ID/Aadhar Card Along with recent passport size photographs - Address Proof
Ration Card/Electricity Bill/ Passport - Income Proof if required
Salaried – Last 3 month’s salary slips/ Form 16/Last 3 month’s bank statement reflecting salary credits/Salary Certificate
Self Employed – Latest Income Tax Return (ITR) - Read moreBank Statement
Last 3 month’s statement is mandatory - Residence Ownership Proof
Not mandatory
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Fees & Charges
- Processing Fee
A fee collected to process the loan. The fee will vary depending on the loan amount.
- Delay in Payment Charges
A charge of 2% will be collected for a delay in payment.
- Miscellaneous Charges
PDC Charges: ₹850
Bouncing Charges: ₹450
Cancellation Charges: 2% of loan amount or ₹5,000 whichever is higher
Swapping Charges: ₹600
DOWNLOAD FORM
Download our form, fill in your details and submit the application in the nearest branch.
For more query, write to us at [email protected] . We take email very seriously and respond in no time.