HDFC Two Wheeler Loan Nandyal

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HDFC Two Wheeler Loan Nandyal

HDFC Two Wheeler Loan Nandyal

We know the importance of your dream and that is why we deal with India’s largest banks and provide you with easy possible ways to get loan. The bank is known for its credibility and quick service.

About Two Wheeler Loan

Basically, an individual buys his/her new two-wheeler after paying a down payment up front and the remaining amount in monthly installments. Initially, the ownership comes under the name of the bank after the repayment was done ownership of a bike will come under customer name.

HDFC Two Wheeler Loan Nandyal

HDFC offers two-wheeler loans at affordable interest rates, with minimal documentation, making it a hassle-free and smooth process. It’s a dream of every other Indian citizen to afford a vehicle. 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 Nandyal

Nandyal is a city in Andhra Pradesh. It is well known for its lentil crops. Banks in Nandyal has spread its network across the whole city. Providing two wheeler loan at low interest rate for the people of Nandyal.

To get to know the features of two wheeler loan, keep on reading.

Features of HDFC Two Wheeler Loan Nandyal

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 Nandyal 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 Nandyal

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 Nandyal

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 Nandyal

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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