HDFC Two Wheeler Loan Bharuch

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All About HDFC Two Wheeler Loan Bharuch

The leading private bank, HDFC is extremely popular amongst its customers for quick loan disbursal, hassle-free services, and credibility. In 1994, the bank currently boasts a wide network of 4,014 branches and 11,766 ATMs spread across the nation. Now it offers a wide range of financial products and services. HDFC has witnessed rapid growth since its inception.

What is Two Wheeler Loan?

The banks provide funds and guide the customers to buy a two-wheeler. It is a type of secured loan which has a benefit of the low interest rates. Two wheeler is a straightforward way to travel and it is known for its comfort like a suitable size, which makes it easy to handle. The cost of it comes according to your budget. Two-wheeler loan is a good catch for your desires of owning your own vehicle.

Two Wheeler Loan from HDFC Bank

HDFC offers you a loan at affordable interest rates, minimal documentation, and hassle-free process.  We know you as an Indian citizen cherishes the dream of owning a two-wheeler. While some people see it as the most ideal mode of daily transport and others want to enjoy the thrill of biking across the vast and varied geographical terrain of our nation. So, HDFC provides benefit with their great supportive financial assistance to buy a two-wheeler of your choice.

Two Wheeler Loan in Bharuch

Bharuch, formerly known as Broach, is a city at the mouth of the river Narmada in Gujarat in western India. It is the administrative headquarters of the district and is a municipality of about 370,000 inhabitants. To help the inhabitants afford a vehicle at the low rate of interest banks are providing funds to them.

Features of HDFC Two Wheeler Loan Bharuch:

HDFC Two Wheeler Loan Bharuch

As two-wheeler is easy and suitable for any individual. The documentation will be simpler as compared to another vehicle. Following are the benefits of two wheeler loan:

  1. Margins: Money which you have to pay while purchasing the Two Wheeler will be the down payment, i.e. 30% of the total money.
  2. Extra costs covered: It covers up all the other cost.
  3. Tenure:  12 or 48 months will be given to the customer for the repayment and it gets extended to 5years.
  4. Credit score:  The credit score can be started with a boom with this type of loan by the individuals who are applying for a loan and also by those who are willing to buy a Two Wheeler for the first time.
  5. Interest Rates: The interest rate is 11.5% or more than that.

HDFC Two Wheeler Loan Interest Rates:

Annual Salary

Interest Rate

Less than 1 Lakh

11.70 % (Flat)

1 to 3 Lakh

10 % (Flat)

Above 3 Lakhs

8.5 % (Flat)

Eligibility:

Details

Criteria

Age

Min 21 to  Max 65 years

Category of Employee

Self-employed and Salaried

Employment Terms

For self-employed 6 months, For salaried 1 year

Income

6000 for self-employed and 7000 for salaried

Credit Score

750

Documentation:

Details

Criteria

Id Proof

Aadhaar Card/Voter Card/Pan Card/Passport size Photograph

Address Proof

Aadhaar Card/Voter Card/Pan Card/Bank Statement/Salary Slips/Electricity Bill

Employment proof (Salaried)

Offer Letter/ Salary slip/Bank Statement

Employment proof (Self-employed)

Source of income/Bank Statement

How to Apply for HDFC Two Wheeler Loan Bharuch

Quickly check it out this link www.dialabank.com  to see what offer we provide to our buyers.

And get the motorbike or scooter as you like

You need to submit the required documents

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