IDFC Bank Two Wheeler Loan
IDFC Bank is an Indian bank; basically, it is a financial company that was founded in October 2015. the bank caters to its customers with so many banking and non-banking financial products. It can be credit cards, insurance, personal loan, internet banking and net banking. The bank has it’s headquartered in Mumbai. The bank has a huge network of branches and employees. There are no trust issues of the bank; the bank has a good reputation among the people. IDFC bank serves the people with so many financial products and services. These services include internet banking, credit cards, insurances, banking, mortgage loan and wealth management. Besides these, the bank provides loans of different types like a car loan, home loan, personal loan, education loan, and Two wheeler loan.
What is a Two wheeler Loan?
If somebody wants to buy a Two wheeler than he/she can easily even he/she has a financial weakness. The bank provides you a Two wheeler loan to the people for this purpose, this is known as Two wheeler loan. but unlike a personal loan, you can use this amount of loan only to buy the Two wheeler. You have to return this loan within a tenure with some rate of interest.
Eligibility for IDFC Bank Two Wheeler Loan
First of all the age of the customer should be 18 years at least.
After that, the customer should be earning or self-employed.
The salary of the salaried person should be Rs.7000 per month minimum.
The income of the self-employed person should be Rs.6000 minimum.
The applicant should be a resident of India.
Features of IDFC Bank Two Wheeler Loan
IDFC Bank Two Wheeler Loan is easily accessible.
The Two wheeler loan can be gotten anywhere in India.
The rates of interest are very low in the IDFC Bank Two wheeler loan.
The documentation process is very simple and easy, not that many documents are required.
The bank doesn’t put any check on your credit history.
IDFC Bank Two Wheeler Loan is approved easily.
The bank provides full transparency and there are no hidden charges.
The bank does financing of 90% of the cost of the vehicle.
The bank provides doorstep installment collection also.
Rate of Interest for IDFC Bank Two Wheeler Loan
The rates of interest in the IDFC bank. It depends on the amount of loan that you require and the tenure of the loan. it starts at 11.50% per annum. A person can easily afford them.
Amount of Loan
A loan of amount starts from Rs. 20000 to 1.5 (in the case of superbikes)Lakhs. It depends on the Two wheeler you are going to buy and your income or salary.
Documents for IDFC Bank Two Wheeler Loan
Two recent passport-sized colored photographs. ( Aadhaar Card/ PAN card
A valid identity proof. (Aadhaar Card/ PAN Card/Voter ID Card/Passport/Driving License)
A valid proof of residence. (Aadhaar Card/ PAN Card/Voter ID Card/Passport/Driving License/ration card/rental bills/electricity bills/water bills)
Income proof. Salary slip of last three months for salaried and ITR statement for self-employed.
How to Apply for IDFC Bank Two Wheeler Loan
You can apply for a Two wheeler loan online on the website of dialabank, it is www.dialabank.com.
First of all visit www.dialabank.com.
After that apply for Two wheeler loan online.
Fill the online application form online.
Though the form is very basic everybody can put their basic information in it.
Mention your name and contact number properly. (contact number is required so that we can contact you for the further process)
Advantages of Dialabank
First of all the Dialabank is India’s first financial helpline number.
Your loan will be approved very easily and quickly.
You will get very low rates of interest if you apply on www.dialabank.com.
The dialabank provides document pickup facility from your doorstep.
You will get all the guidance free of cost.
Furthermore, you can call on 60011600 for more information.