Two Wheeler Loan in Delhi

Best Banks for Two Wheeler Loan in Delhi

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 in Delhi Features

two wheeler loan in delhi

 

Thinking of purchasing a new bike? Do you have the need of finances for it? Do not worry! A Two Wheeler Loan is accessible for you. A Two Wheeler Loan is a means of funding or financial help offered by banks and NBFCs to the individuals at a reasonable interest rate.

A Two Wheeler Loan in Delhi helps you in buying a bike or scooter with your choice. Two Wheeler Loan in Delhi is available for both the salaried as well as for the self-employed individuals.

Some of the main features of a Two Wheeler Loan in Delhi are:

  • Easy and smooth processing
  • Loan amount disbursed faster
  • Two Wheeler Loans are convenient at a reasonable interest rate
  • Easy repayment choices are available for you
  • Fulfill your desires and aspirations for buying a new two-wheeler
  • Two Wheeler Loans are easily accessible through Dialabank

Two Wheeler Loan in Delhi Interest Rates

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

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Know More – Two wheeler Loan interest rate

Two Wheeler Loan in Delhi Documents Required

Documents required for a two wheeler loan are as followed:

For Salaried:-

  • Proof of Recognition: PAN Card, Voters ID card, Passport copy, Driving License
  • Salary Proof: Latest 3-month salary slip with form 16
  • Accommodation Proof: Driving license / Voters card / Passport Copy / Telephone Bill / Ration card / Electricity Bill / Life Insurance Policy 
  • Compulsory Document: PAN Card
  • Bank Statement: Last 3 months.

For Self Employed:-

  • Recognition Proof: PAN Card, Voters ID card, Passport copy, Driving License
  • Evidence of Residence(any 1): Voters card / Passport Copy / Ration card / Telephone Bill / Driving license / Electricity Bill / Life Insurance Policy /PAN Card
  • Compulsory Document: PAN Card
  • Bank Statement: Last 3 months.

Two Wheeler Loan in Delhi Eligibility Criteria

The two wheeler loan eligibility requirements are as followed:

For Salaried:-

  1. Minimum age: 21 years
  2. Maximum age at loan maturity: 65 years
  3. Minimum employment: 1 year in the job and a minimum of 2 years of job
  4. Minimum Monthly Income: Rs. 7,000
  5. High CIBIL Score: Get the loan easily

For Self-Employed:-

  1. Minimum age: 21 years
  2. Maximum age at loan maturity: 65 years
  3. Minimum employment: 3 years
  4. Minimum Monthly Income: Rs. 6,000

Two Wheeler Loan for Top Selling Bikes in Delhi

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Processing Fees / Prepayment Charges on Two Wheeler Loan in Delhi

The processing fee is the charges taken by the bank for the processing of a two wheeler loan. This varies from bank to bank. It depends on the loan amount. The processing fee charges for a two wheeler loan in Delhi is up to 3% of the loan amount (maximum).

Prepayment charges are the charges you will pay to the bank if you want to pay the loan amount before the time for reducing your interest burden. Prepayment charges vary from 3% to 10% of the outstanding principal for getting a two wheeler loan from Delhi.

Two Wheeler Loan in Delhi Contact Number

Dialabank is the most trustworthy agent who will serve and assist you in the entire processing of two wheeler loan.

You can apply online with Dialabank and avail of the best deals and offers on a two wheeler loan with approval quickly or you can contact on this number for any queries about the two wheeler loan in Delhi  9878981166.

Our customer care representative will provide you guidance and assistance to solve your queries about a two wheeler loan.

Pre Calculated EMI Table for Two Wheeler Loan in Delhi

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

Two Wheeler Loan EMI Calculator Delhi

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About Delhi

Delhi is officially called the National Capital Territory(NCT) of Delhi. It is a city and a union territory containing New Delhi. It is bordered by Haryana state on three sides and by Uttar Pradesh to the east.

As per the 2011 census, it had a population of over 11 million.

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