SWM Two Wheeler Loan Features
SWM Two Wheeler Loan Interest Rate | 12.5% |
Maximum Loan Amount | Up to 95% of the on-road price |
Minimum Loan Amount | Rs. 10,000 |
Income | Rs.10,000 Min Income Required |
Repayment Period | Up to 2 years |
SWM Two Wheeler Loan Processing Fee | 1% of the loan amount |
Prepayment Charges | Based on the discretion of the NBFC |
Benefits of availing SWM Two Wheeler Loan
SWM Two Wheeler Loan Amount | Max of 95% of the On-Road Price |
Repayment Period | A max of 4 years as Tenure |
Loan Approval | It takes 3 Business Working Days |
Flexible Loan Amount | In a wide range starting from Rs.10,000 |
Quick Decisioning | Easy process to apply for a loan |
Taking a loan on SWM Two Wheeler can be useful in many ways:
- You can avail of a high credit sum up to Rs.1 lakh.
- With a good policy, 95% of the road price can be taken as a loan.
- The costs of the loan are considerably low.
- Long and comfortable tenure of four years can be taken for your EMIs
- SWM Two Wheeler Loan can be applied by self-employees as well as salaried individuals.
Advantage of availing an SWM Two Wheeler loan
A portion of the upsides of profiting a bike advance from SWM are:
- Credit measure of up to Rs.1 lakh can be profitable
- Affordable charges
- Different residency choices accessible
- Quice process with minimal documents required.
Two Wheeler Loan Interest Rates With Other Banks
Bank of India | 7.25 to 8.25% | ₹ 202 for 5 years |
Union Bank of India | 11.05 to 12.05% | ₹ 330 for 3 years |
United Bank of India | 10.5 to 11.5% | ₹ 217 for 5 years |
Corporation Bank | 11.85 to 12.85% | ₹ 334 for 3 years |
Indian Bank | 9.15 to 10.15% | ₹ 211 for 5 years |
Karnataka Bank | 13.35 to 14.35% | ₹ 232 for 5 years |
Jammu And Kashmir Bank | 9.15 to 10.15% | ₹ 211 for 5 years |
Canara Bank | 13.05 to 14.05% | ₹ 340 for 3 years |
SWM Two Wheeler Loan EMI Calculator
You can use the Dialabank two-wheeler loan EMI calculator to check your EMI plan based on the loan amount, repayment tenure, and the rate of interest charged by the organization.
Loan amount | Repayment tenure | Interest Rate | Monthly EMI payable | Total Amount Payable |
Rs.1 lakh | 48 months | 12.5% | Rs.2,536 | Rs.1,21,740 |
SWM Two Wheeler Loan Eligibility Criteria
Age | Above 18 years |
Monthly Income | Minimum Rs. 10,000 |
Nationality | Indian |
For Self – Employed Applicants | the minimum duration of 1 year |
For Salaried Applicants | 6 months of employment |
SWM Two Wheeler Loan Documents Required
The accompanying archives are required while applying for an SWM bike credit:
- Correctly filled application form with a passport size picture.
- Identity Proof (any one) – Passport, Driving License, Voter’s ID, and so on.
- Pay verification, for example, Salary Certificate, ITR or Form – 16 or anything filling in as pay confirmation for both salaried and independently employed candidates.
- Veritable KYC archives.
How to apply for an SWM two-wheeler loan
Online Process
- Visit Dialabank
- You can give in your basic credentials and request a quote.
- Our personal representative will get in touch with you for further process.
- Please check in the eligibility and keep documents ready.
- For any information or assistance in applying please call us at +919878981166.
Offline Process
You can apply for a two-wheeler loan by visiting the nearest SWM store. Ensure your eligibility and keep all the information needed. After thorough research without uncertainty or doubt, you can apply for a bike advance. Fill the application frame and submit it the needed requirements. If everything is right you will receive your approval in a week’s time.
SWM Two Wheeler Loan Agent and Contact Number
DialaBank is the primary agent that will help you to find the best deals for your two-wheeler loan of SWM and for more information you can directly contact on this number +919878981166
About SWM
It is a motorcycle manufacturing company established in 1971.
It has its headquarters in Milan, Italy. It was founded by Pietro Sironi, Fausto Vergani.
FAQs About SWM Two Wheeler Loan
✅How much amount can I receive through the SWM Two Wheeler loan?
You can receive a minimum of Rs. 10,000 and a maximum of 95% of the road price as SWM Two Wheeler loan.
✅What is the maximum tenure for an SWM Two wheeler loan?
The applicant can take up to 4 years to repay the loan through low-cost EMIs.
✅How much time does it take for the loan to be processed?
With the right documents, the eligible applicants can get their loan processed in 3 business working days.
Table of Contents
- 1 SWM Two Wheeler Loan Features
- 2 Benefits of availing SWM Two Wheeler Loan
- 3 Advantage of availing an SWM Two Wheeler loan
- 4 Two Wheeler Loan Interest Rates With Other Banks
- 5 SWM Two Wheeler Loan EMI Calculator
- 6 SWM Two Wheeler Loan Eligibility Criteria
- 7 SWM Two Wheeler Loan Documents Required
- 8 How to apply for an SWM two-wheeler loan
- 9 SWM Two Wheeler Loan Agent and Contact Number
- 10 About SWM
- 11 FAQs About SWM Two Wheeler Loan