Two Wheeler Loan Amritsar

All About Two Wheeler Loan Amritsar

Best Banks for Two-wheeler Loan in Amritsar

Feature
HDFC Bank
ICICI Bank
Kotak Mahindra Bank
Interest Rate
8% - 8.4 %
8.5 - 9.5 %
11%
Min Loan Amt
Metro : 1 Lac & Non Metro: 75000
75000
75000
Max Loan Amt
1 Cr
1 Cr
1 Cr
Loan Tenure
Upto 7 Years
Upto 5 Years
Upto 5 Years
Processing Fee
1999 - 4999 + Tax
0.25% to 1.50%
0.25% to 1.50%
Preclosure Chgs
2%, Nil after 24 months
2%, Nil after 36 months
Nil
Loan to Value (LTV)
Upto 100% on Ex- showroom
Upto 95% on Ex- showroom
Upto 90% on Ex- showroom

Two-Wheeler Loan Amritsar Features

Two Wheeler Loan AmritsarAlways thinking about acquiring a cheap two-wheeler? And don’t you have the capital necessary for it? Leave no complaints! For you, there is still a two-wheeler loan after that. A two-wheeler loan is a type of credit or welfare support given to the buyers by banks and NBFCs at a reasonable rate to help them acquire a two-wheeler, either newer or used.

Since two-wheeler seems to be a must for everyone, but perhaps the cost of two-wheeler is progressively rising daily. A two-wheeler loan occurs here, and satisfy your motivation to be the manager of your two-wheeler imagination. A two-wheeler debt in Amritsar has the best components of:

  • Low-interest programs are granted on the two-wheeler
  • Practically all financial firms and NBFCs in Amritsar also provide two-wheeler loans
  • The recording process is quick and unhurried
  • Two-wheeler mortgages are necessary to handle via DialaBank

Two-Wheeler Loan Amritsar Interest Rate

Bank
Processing Fee
Prepayment Charges
HDFC Bank Car Loan
(1999 - 4999) + Tax
2%, Nil foreclosure charges after 24 months
Axis Bank Car Loan
1 % to 2.50%
Nil
ICICI Bank Car Loan
0.25% to 1.50%
2%, Nil foreclosure charges after 36 months
SBI Car Loan
500/- to 0.50%
Nil
Kotak Car Loan
1% to 2%
2.25% of foreclosure amount if closed 1 month ahead of the tenure.
IIFL Car Loan
Nil
Nil
Muthoot Car Loan
Nil
Nil
Manappauram Car Loan
Nil
Nil
PNB Car Loan
0.70% to 1%
Nil
Canara Bank Car Loan
1%
Nil
Andhra Bank Car Loan
Nil
Nil

Know more about Two Wheeler Loan Interest Rates.

Two-wheeler Loan Amritsar Documents Required

For Salaried:-

  • Confirmation of identity: PAN I d, electorate ID Card, Nationality Duplicate, Driving Permit
  • Test of income: the new leak of 3 months’ earnings with form 16
  • Present Evidence: Operating License / election Card / green card Copy / Telephone Bill / surplus Card / Life insurance payout / Card
  • Bank proclamation: Last six months.

For Self Employed:-

  • Scientific proof of a sense of self: PAN I d, Electorate ID Card, Citizenship Duplicate, Traveling License
  • Check of cash flow: Current ITR
  • Bank memorandum: Last 6 months.
  • Identifier: Voting Card / Permit Copy / Mobile Bill / Driving Authorization / Life Insurance Policies / PAN Document

Know more about Two Wheeler Loan documents required.

Two-wheeler Loan Amritsar Eligibility Criteria

For Salaried:-

  1. Early age: 21
  2. The legal age at a lifetime of loan: 65 years
  3. Required jobs: 1 year of work history and a similar proportion of years of service
  4. Basic current wage: total annual salary rs 1,00,000

For Self-Employed:-

  1. Average age: 21
  2. Minimum workforce: minimum of 3 years in selling
  3. Total daily income: Rs. 60,000 p.a. net profit for typical two-wheeler and Rs.1,00,000 p.a .. For large and midsized two-wheeler
  4. Expiration date at the term of the loan: 65 years

Know more about Two Wheeler Loan eligibility criteria.

How to Apply for Two-wheeler Loan Amritsar?

The allocation of an Amritsar two-wheeler credit is a quick process with DialaBank. Follow the steps above to get all the best deals:

  • Visit our website Dialabank
  • Select on the double-wheeler loan function in the dish
  • Fill out relevant data about the kind of two-wheeler including your profit
  • Sit tight for our service provider to get in line with you on your rule-following early.
  • In case of any doubts about the loan, you can also approach our middle managers at numbers 9878981166.
  • To make something like offline two-wheeler finance, you’ll therefore need to visit the bank individually, which might find out to be frenetic for you.

Two-wheeler Loan for Major two-wheeler Manufacturers in Amritsar

Processing Fees / Prepayment Charges on two-wheeler Loan Amritsar

CIBIL Score Required for Two-wheeler Loan in Amritsar

The Cibil score is deemed what describes your capacity to produce your credits back off. Higher payment history means great credit history and enables the review process for a two-wheeler loan smoother and easy to maintain. Most of the time, banks and NBFCs consider that credit score of 750 that is above as a decent score for allowing your Amritsar loan request form.

Again this range increases from site to site. You would have been compelled to pay a high – interest rates on the lending volume in case of a weak CIBIL score than the measured value, and if your CIBIL score is great, then you’ll have to pay a poor discount rate. So a CIBIL score in a two-wheeler lender is a huge factor.

Two-wheeler Loan Amritsar Contact Number

If you have any inquiries about both the two-wheeler lender in Amritsar, you can request for that kind of aid under the number 9878981166.

Pre Calculated EMI Table for Two-wheeler Loan Amritsar

Rate 4 yrs 3 yrs 2 yrs 1 yr
11.83% 2625 3313 4699 8876
12.00% 2633 3321 4707 8884
12.50% 2658 3345 4730 8908
13.00% 2682 3369 4754 8931
13.50% 2707 3393 4777 8955
14.00% 2732 3417 4801 8978
14.50% 2757 3442 4824 9002
15.00% 2783 3466 4848 9025
15.50% 2808 3491 4872 9049
16.00% 2834 3515 4896 9073
16.50% 2859 3540 4920 9096
17.00% 2885 3565 4944 9120

About Amritsar

The cultural and spiritual hub of the Sikh Faith is Amritsar. Baisakhi festival attracts out the glistening face of Amritsar with its exquisite wine, apparel, and merry-making. This area is also notable for its massacre at Jallianwala Bagh and its connection to the border with Wagah.

Amritsar Loan EMI Calculator

Other Cities For Two Wheeler Loan

Two Wheeler Loan Bhubaneshwar Two Wheeler Loan Raikot
Two Wheeler Loan Pondicherry Two Wheeler Loan Ropar
Two Wheeler Loan Tarantaran Two Wheeler loan Patti
Two Wheeler loan Sangrur Two Wheeler loan Pathankot