HDFC Two Wheeler Loan Vapi

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All About HDFC Two Wheeler Loan Vapi

HDFC Two Wheeler Loan Vapi

HDFC Two Wheeler Loan VapiIn this fast-paced running life, everything seems fast. And we want to make our life easier. Two wheeler is a choice for many over the car because it is fast and comes up with compatible size. For some, it is not possible to afford two-wheeler, so big banks like HDFC has come up with some great benefits for your two-wheeler loan.

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 been done ownership of a bike will come under customer name. 

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. 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 Vapi

Vapi is a capital of city in Gujarat. Basically, it is situated near the banks of Damanganga River. Two wheelers become easier to afford by people of Vapi after HDFC has spread its networks across the city.

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

Features of HDFC Two Wheeler Loan Vapi:

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 Vapi 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)

HDFC Two Wheeler Loan Vapi 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

HDFC Two Wheeler Loan Vapi 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 Vapi:

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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