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Looking for a loan to finance your 2 wheeler?

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Interest Rate

10% - 26.03%

Processing Fee

2.5% upto INR 2500 for regular 2 wheelers ; 1% upto INR 5000 for Super Premium Vehicles

TENURE

1 year - 4 years

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ELIGIBILITY

  • Indian National salaried / self employed
  • Age > 21 years

DOCUMENTS REQUIRED

  • Signed application form with 2 photographs
  • ID Proof, Address Proof & Age Proof
  • Income Proof - Latest Salary slip + Form 16 for salaried individuals + Employment Stibility Proof ; 2 fiscal years ITR + Business stablity/ ownership Proof for self employed

PRECLOSURE + OTHER CHARGES

  • Lower of 5% of outstanding principal or outstanding interest for remaining loan tenure
  • Part prepayment not allowed
Interest Rate

11.81% - 24%

Processing Fee

Upto 3% of Loan amount

TENURE

1 year - 4 years

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ELIGIBILITY

  • Indian National Salaried/ Self-employed
  • Age > 21 years & < 65 years at the time of loan completion
  • Income > INR 84000 for salaried and > INR 72000 for self employed
  • Minimum work experience of 1 year
  • Residing in the same location for > 1 year

DOCUMENTS REQUIRED

  • ID Proof (Passport/ Photo CC/ DL/ PAN Card/ Ration Card/ Voters ID/ ID Card of Employer)
  • Address Proof (Passport/ DL/ Voters ID/ Utility Bills/ Rental Agreement/ Property Purchase Agreement)
  • Income Proof - Latest Salary slip with Authorised Signatory for Salaried individuals. For Self employed individuals, copy of latest ITR

PRECLOSURE + OTHER CHARGES

  • No prepayment allowed within 3 months of 1st EMI
  • 10% of Principal outstanding for preclosure between 4 months to 6 months from first EMI
  • 6% of Prinicial outstanding between 7 months to 12 months from 1st EMI
  • 5% between 13 months to 24 months from 1st EMI
  • 3% after 24 months from 1st EMI
Interest Rate

14% onwards

Processing Fee

Upto 1% of loan

TENURE

1 year - 5 years

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ELIGIBILITY

  • Indian National salaried / Self Employed
  • Age > 18 years
  • Residential stability and income in line with residence location required

DOCUMENTS REQUIRED

  • Filled up application form with latest photograph
  • ID Proof, Address Proof, Age Proof, Signature Proof and Income Proof
  • Bank statement

PRECLOSURE + OTHER CHARGES

  • Prepayment allowed only after 6 EMIs are paid
  • 6% on the outstanding principal between 7th to 12th month
  • 5% between 13 to 24 months & 3% of outstanding post 24 months
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