HDFC Two Wheeler Loan Palakkad

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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

HDFC Two Wheeler Loan 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:

  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 Palakkad 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 Palakkad:

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 Palakkad:

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 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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