South Indian Bank Two wheeler Loan

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All About South Indian Bank Two wheeler Loan

South Indian Bank is a major private sector bank of India. The bank is founded in 1929. This is a banking financial company, basically, it provides financial services and products to the customer at lower rates of interest. Bank provides loans under the category of loans along with personal loan, gold loan, car loan and home loan the bank provides Two wheeler loan too. Let us discuss Two wheeler loan in detail here.

Two wheeler Loan

Two wheeler loan is like a blessing to the customers who want to buy the Two wheeler and have some shortage of money. In this loan, the bank provides you money to buy a Two wheeler at some rate of interest. However, this rate of interest is lower than the rate of interest in a personal loan, so to buy a Two wheeler you are always advised to go for a Two wheeler loan.

Features of South Indian Bank Two wheeler Loan

South Indian Bank Two wheeler Loan
  1. The process of application is very simple and easy.
  2. After that, the documentation process is very simple and easy.
  3. There is no need of any collateral.
  4. Besides that, no guarantor is needed in a Two wheeler loan.
  5. While providing you a Two wheeler loan the bank won’t check your credit history or CIBIL score.

Documentation for South Indian Bank Two wheeler Loan

First of all two passport sized colored photographs are required. If the applicant wears glasses than he should not be wearing glasses in the photograph.
After that one residence proof is required, it includes ( Aadhaar Card/ Voter ID card/ PAN Card/passport/driving license) any one of them.
One identity proof is also required it can be any one of them. ( Aadhaar Card/ Voter ID card/ PAN Card/passport/driving license/ration card/passport/driving license )
One proof of income is also required.

Interest Rate

The rates of interest start at 11.50% per annum. It can be a little bit less or more. Basically, rates of interest vary from person to person based on their income and requirement of the loan.

How to Apply for South Indian Bank Two wheeler Loan?

  1. You can apply online on google.
  2. First of all visit www.dialabank.com.
  3. After that fill up the application form with your basic information.
  4. Put your e-mail ID and contact number in the form as well.

Advantages of Dialabank

You will get a Two wheeler loan at low rates of interest.
Your loan gets approved very easily and quickly.
You will get a document pickup facility from your doorstep.
Besides that, you can get a Two wheeler loan all over India.
The bank provides you the document pickup facility from your doorstep.
Being the first financial helpline of India Dialabank is very trustworthy organization.
For more information, you may call on 60011600 too.
All the guidance will be given to you properly and without any additional charges.

Role of CIBIL score

There is no role of CIBIL score in the Two wheeler loan.
The bank won’t check your credit history at all in a Two wheeler loan. it means you can get a Two wheeler loan even if your CIBIL score is low.

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