HDFC Two Wheeler Loan Mumbai

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HDFC Two Wheeler Loan Mumbai

HDFC Bank is one of the leading private banks of the nation and is extremely popular amongst its customers for quick loan disbursal, hassle-free services, and credibility. 1994 is the year when bank currently boasts of a wide network of 4,014 branches and 11,766 ATMs spread across the nation. Offering 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 the two-wheeler. It is a secure loan which has a benefit of the low interest rates. Two wheeler is a straightforward way to travel because of the suitable size it will be easy to handle. The cost of it comes according to the budget.

Two Wheeler Loan from HDFC Bank

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

Two Wheeler Loan in Mumbai

The city is located on the western coast of India. This city is a densely populated city in Maharashtra. Offshore, Elephanta Island holds ancient cave temples dedicated to the Hindu god Shiva. The city is famous as the heart of the film industry. Banks are making easy for consumers to take loans at affordable interest rates.

Features of HDFC Two Wheeler Loan Mumbai:

HDFC Two Wheeler Loan Mumbai

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 Mumbai 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 for HDFC Two Wheeler Loan Mumbai:

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 for HDFC Two Wheeler Loan Mumbai:

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 Mumbai?

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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