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. Corporation Bank Two Wheeler Loan is 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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