Two Wheeler Loan
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“Two-wheeler” is the vehicle of the common man. As service to the common man, two wheeler loan is granted by the Bank. The Bank grants the loan as Consumer Durable loan.
ChecklistPurpose
- Purchase of a two-wheeler.
Loan amount
- Maximum Amount - Rs.1.00 lakh
- Cost of Vehicle + Insurance (Excluding RTO Charges and Accessories)
Margin
- 25%
Period of loan
- Maximum period of loan is 60 months.
- It should be paid in EMI.
Security
- Hypothecation of the vehicle to be purchased.
Guarantee
- Two guarantors having a regular source of income.
Please Contact Your Nearest Branch
*Conditions Apply