About Honda

Honda motor company is the topmost automobile manufacturers globally.  It was founded by  Soichiro Honda on 24th September 1949. Before started his journey for Honda, he used to tune the engine of cars for racing championships. He used to have a keen interest in engines and his this interest made Honda company possible. It is the Japan-based manufacturer company. Since 1949 Honda emerges as globally rise industry.  It has its headquarter in Miniato, Tokyo, Japan. Honda has its three divisions named as Acura, Honda automobiles, Honda motorcycles. Honda has vast technology in their products which make their products unique and full of features. Honda has acquired a big market in India and is one of the beloved industry in this country by the reviews of their customers and rise in them.

Honda CB Shine

Honda has launched this product in the market in the year 2006 and declared as one of the most economically acceptable. Honda has won various awards after the launch of this product I the market. Its been 12 years of happiness of shine and still running. Honda CB Shine is a 125cc commuter bikes developed by the company for the mass market segment. Following are the specs of Honda CB shine

Specifications

Displacement

125cc

Rear Brake

Drum

Fuel Type

Petrol

Tire Type

Tubeless

Cylinder

1

Wheel type

Alloy

Cooling System

Air-cooled

Speedometer

Analogue

Gearbox

Automatic

Start Type

Self and kick start

Transmission

Chain drive

Passion pro Standard

Rs 58,649

Front brake

Disc

Mileage

60kmpl

 

Two Wheeler Loan
 
Two wheeler loan is the one of the best financial service provided by the bank. In a country like India, it is a big home to middle-class families  Citizens of India mostly run on Two wheelers for mobility purposes like at work, enjoyment purposes etc. Under this consideration. The bank has come up with the beneficial idea of providing two wheeler loan to every individual so that the customer has not to shell their hard earned money at once from their pocket. Two wheeler loans come up with a solution having the lowest interest rates provided by the banks. In the following customer can find the eligibility and documentation criteria in order to meet the requirements of two wheeler loan.
 
Features of Two Wheeler Loan
 
Following are the benefits of a Two wheeler loan
  1. Marginal value: Most of the Two wheeler loans will pay up to 90% margin of finance. It means that customer can make down payment of only 10% of their loan.
  2. Annual income/ salary: Banks offer these loans to people who are earning as low as INR 7000 per month.
  3. Prepayment charges: Most banks do not charge any prepayment charges if you are able to pay up your loaned amount before your tenure ends. This is suitable for the ones because it helps to clear off your debts faster if you can.
  4. Other costs covered: These loans cover the cost of accessories, insurance, and even registration. This means that customer getting finance for not only on the vehicle but the essential expenses on the same.
  5.  Loan Tenure: Borrowers are provided with the time to pay back for their Two wheeler loan with tenures that ranges from 12 to 48 months.
  6. Credit score: For the first-time buyer for a vehicle or one who is going to opt loan for the first time, Two wheeler loans is a great idea to open the file for the credit score.
 
Eligibility Criteria

Age

Min. age -21 years

Max. age-65 years

Employment Status

Salaried individual / self-employed

EmploymentTenure

1 year of salaried individual and 6 months for self-employed

Min. annual income

Rs.84,000/- ( salaried INDIVIDUAL)

Rs.72000/- (FOR SELF-EMPLOYED)

Documentation Required

Photo ID proof

Colored passport size photograph

Identity proof

Passport/Voter ID/Driving license/Adhaar card/Pan card

Residence proof

Electricity bills/passport/voter id/driving license/Telephone bills/Pan card

Bank Statement

Last six months

Interest Rates

Two Wheeler interest rates generally range from 12% to 18.25% maximum. These rates are one of the lowest among the rates compared to other loans provided by banks.

Where to apply for two wheeler loan?

Visit our website by the link below:

http://www.dialabank.com