Corporation Bank Two Wheeler Loan

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All about Corporation Bank Two Wheeler Loan

Corporation Bank Two Wheeler Loan

Corporation Bank Two Wheeler Loan is the finance option, that enables a person to buy a bike when the person does not have the cash to pay for it. It is a scheme that helps people in converting their dream of buying a vehicle into reality. Any person who wants to buy a vehicle, but do not have funds, can avail this loan.

Interest Rates and Charges: 13% to 16%

Features and Benefits of Corporation Bank Two Wheeler Loan

  1. Affordable
  2. Simple and Hassle free
  3. Easy to pay back
  4. Flexibility of payment
  5. Speedy Approval in 4 hours
  6. Minimum Documentation
  7. Attractive Interest Rates

Eligibility for Corporation Bank Two Wheeler Loan

  1. Minimum age: 21 years
  2. Maximum age at loan maturity: 65 years
  3. Minimum employment: For Salaried 1 year in current employment and minimum 2 years of employment / For Self- Employed at least 3 years in business
  4. Minimum Annual Income: For Salaried Rs 84000 net annual income / For Self- Employed Rs. 72,000/- p.a.
  5. Telephone: Must at residence.

Documentation for Corporation Bank Two Wheeler Loan

  1. Proof of Identity: Passport copy, PAN Card, Voters ID card, Driving License ( Laminated, Recent, Legible)
  2. Income Proof: For Salaried Latest salary slip with form 16 / For Self- Employed Latest ITR
  3. Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy PAN Card
  4. Bank Statement: Last 6 months

About Corporation Bank

Corporation Bank is a banking company, which was founded in the Temple Town of Udupi, by a small group of philanthropists in 12th March, 1906. It is headquartered in Mangalore, India. It has 6,677 functional units comprising 1707 branches, 1425 ATMs, & 3545 branchless banking units present all over the country.

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