All About HDFC Two Wheeler Loan Palakkad
India’s No.1 bank, HDFC is one of the leading private banks of the nation and is extremely popular amongst its millions of happy customers. The bank is known for its benefits like quick loan disbursal, hassle-free services, and credibility. 1994 is the year when bank boasts a wide network of 4,014 branches and 11,766 ATMs spread across the nation. HDFC offers you a wide range of financial products and service. HDFC has witnessed rapid growth since its inception.
What is Two Wheeler Loan?
The banks provide fund and guides you to buy a two wheeler loan. It is a type of secured loan which comes with 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. Two wheelers have become the backbone of many startups and its requirement is on increase. The cost of two-wheeler comes under your budget and banks are helping you in easy funding of your vehicle.
Two Wheeler Loan from HDFC Bank
HDFC offers you a two-wheeler loan at low-interest rates. With minimal documentation, hassle-free documentation and smooth process HDFC is a good deal for your two-wheeler loan. We know the importance of your dreams and cherishes it of owning a two-wheeler. Many others see it as the most ideal mode of daily transport, on the other side, 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 Palakkad
Palakkad, or Palghat, is a city in Kerala, a state in southwestern India. And banks are providing loans to you at a low rate of interest in Calicut. To own a two-wheeler in Calicut, HDFC is the best bank to go with.
Features of HDFC Two Wheeler Loan Palakkad:
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:
- Margins: Money which you have to pay while purchasing the Two Wheeler will be the down payment, i.e. 30% of the total money.
- Extra costs covered: It covers up all the other cost.
- Tenure: 12 or 48 months will be given to the customer for the repayment and it gets extended to 5years.
- 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.
- Interest Rates: The interest rate is 11.5% or more than that.
HDFC Two Wheeler Loan Interest Rates:
Less than 1 Lakh
11.70 % (Flat)
1 to 3 Lakh
10 % (Flat)
Above 3 Lakhs
8.5 % (Flat)
Min 21 to Max 65 years
Category of Employee
Self-employed and Salaried
For self-employed 6 months, For salaried 1 year
6000 for self-employed and 7000 for salaried
Aadhaar Card/Voter Card/Pan Card/Passport size Photograph
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 Palakkad?
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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