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Two Wheeler Loan

Now Fulfill your Dream of owning a Two Wheeler

Features & Benefits

  • Interest charged on daily reducing basis
  • No pre-payment charges for repayment through own source
  • Attractive interest rate
  • Simple documentation
  • Easy repayment options –ECS /Post Dated cheque/Standing instruction
  • Speedy Loan approval
  • Offers Insurance cover for all assets at attractive premium.

Purpose

  • Purchase of new Two Wheeler

Eligibility

  • Salaried / Professional /Businessmen

Quantum of loan

  • Maximum of Rs. 3 Lakhs

Rate of Interest : 10.75 % p.a

Documentation : Refer Basic Documents - Retail Loan

In addition to the basic documents

  • Proforma Invoice of an authorised dealer
  • Proof of margin money

Security

  • Hypothecation of Vehicle to be financed.

Repayment

  • Up to 5 years

Conditions Apply

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