About Rajasthan Marudhara Gramin Bank Two Wheeler Loan
Completion of Rajasthan Marudhara Gramin Bank Two Wheeler Loan Eligibility helps in Buying a two-wheeler in this world of inflation. Rajasthan Marudhara Gramin Bank has provided us with Rajasthan Marudhara Gramin Bank Two Wheeler Loan which helps us in turning our dream into reality.
Rajasthan Marudhara Gramin Bank started to operate on 01-04-2014 with its headquarters in Jodhpur.
Features of Rajasthan Marudhara Gramin Bank Two Wheeler Loan are:
- Instant Loan processing
- Online services
- It has a low processing fee
- It provides up to 100% on-road funding
Rajasthan Marudhara Gramin Bank Two Wheeler Loan Eligibility Criteria
Rajasthan Marudhara Gramin Bank Two Wheeler Loan Eligibility is quite similar to the general requirements made by most banks to provide a loan. They are as follows:
- Minimum age: 21 years and the maximum should be 65 years.
- Either salaried or self-employed individuals are eligible
- The maximum tenure period can be up to 7 years
- The interest rates start from 9.50%
- A healthy CIBIL Score of 700+ is required
Factors Affecting Rajasthan Marudhara Gramin Bank Two Wheeler Loan Eligibility
There are many factors that have an important role to play in availing of the Rajasthan Marudhara Gramin Bank Two Wheeler Loan. Banks need some security and background check before lending money.
So, you need to abide by these factors as they have an important role in two-wheeler loans.
- Age: The minimum age should be 21 and the maximum should be 60.
- Income: More the income, more the chances of getting a two-wheeler loan. As you have a high income, the bank sees that as a security that you’ll be able to repay the loan. Therefore, the chances of availing of a two-wheeler loan increases and you can easily avail a loan for getting a two-wheeler.
- CIBIL Score: CIBIL Score is of prime importance. You need to have a CIBIL score of more than 750 to have a higher chance of availing of a loan.
- Work Experience: Before you get a loan, banks do background checks and they also check the company where you work and the time period you work for. The longer the time period in the same company more will be the chances of getting a two-wheeler loan.
Documents Required for Rajasthan Marudhara Gramin Bank Two Wheeler Loan
Rajasthan Marudhara Gramin Bank Two Wheeler Loan Eligibility FAQs
✅ What is the processing fee for Rajasthan Marudhara Gramin Bank Two Wheeler Loam?
The bank charges around 0.50% of the loan amount as its processing fee.
✅ What does the bank keep as security?
Banks usually keep the two-wheeler to be purchased as primary security.
✅ How can I contact Rajasthan Marudhara Gramin Bank for Two Wheeler Lona?
You can call them at 0291-2481326 or 07073453510.
