Two Wheeler Loan Karnataka

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Two Wheeler Loan Karnataka

All About Two Wheeler Loan Karnataka

Top Banks for Two-Wheeler Loan Karnataka

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 Karnataka Features

Two Wheeler Loan KarnatakaAlways wondering about buying a brand new two-wheeler? But really don’t have the necessary funds for any of it? Allow no fears! For you, there seems to be a two-wheeler loan page. A two-wheeler loan is a method of investment or cash help extended to the borrowers by banks and NBFCs at a decent interest rate to enable them to acquire a two-wheeler, either new some used.

Even when two-wheeler has now become a prerequisite to everybody, but two-wheeler costs are going up exponentially every day. A two wheeler loan plays a role herein and upholds your aspiration to be the holder of your two-wheeler illusion. The major elements of a Karnataka two-wheeler mortgage are:

  • Two wheeler interest rate is low
  • In Karnataka among all large banks and NBFCs are launching two-wheeler loans
  • The reporting system is fast and flawless
  • Two-wheeler debts are possible to achieve via DialaBank

Two-Wheeler Loan Karnataka 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

Two-Wheeler Loan Karnataka Documents Required

For Salaried:-

  • Support of Identification: PAN Card, Voters ID card, Passport copy, Driving License
  • Address Proof: Driving license / Life Insurance Policy / Passport Copy / Telephone Bill / Voters card / Electricity Bill / Ration card /PAN Card
  • Check of income: a recent slip of 3 months’ earnings with form 16
  • Bank Statement: Last 6 months.

For Self Employed:-

  • Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
  • Support of Income: Current ITR
  • Bank proclamation: Last six months.
  • Address Proof: Voters card / PAN Card / Ration card / Telephone Bill / Driving license / Passport Copy / Life Insurance Policy /Electricity Bill

Two-Wheeler Loan Karnataka Eligibility Criteria

For Salaried:-

  1. Minimum age: 21 years
  2. Minimum employment: 1 year in current employment and a minimum of 2 years of employment
  3. Minimum Annual Income: Rs 1,00,000 net annual income
  4. Maximum age at loan maturity: 65 years

For Self-Employed:-

  1. Minimum employment: at smallest 3 years in sales
  2. Minimum age: 21 years
  3. Minimum Annual Profits: Net profit Rs. 60,000 p.a for regular two-wheeler and Rs.1,00,000 p.a. for mid-sized and superior two-wheeler
  4. Max age when the loan is due: 65 years

How to Request for Two-Wheeler Loan Karnataka?

Trying to deliver a two-wheeler Karnataka loan with DialaBank is a short process. Follow the directions listed to have the amazing offer:

  • Reach our website Dialabank
  • Switch on the two-wheeler lending alternative in the toolbar
  • Fill out data about the kind of two-wheeler and financial profits
  • Check for our service provider to get in connection with you about your loan on the assigned number shortly.
  • In case of any doubts more about the loan, you could also approach our project managers on telephone 9878981166.
  • You will just have to visit the bank manually to stay ahead of a two-wheeler credit outdoors, which may turn out to be frenetic for you.

Two-Wheeler Loan for Major Two-Wheeler Manufacturers in Karnataka

Processing Fees / Prepayment Charges on Two-Wheeler Loan Karnataka

CIBIL Score Required for Two-Wheeler Loan in Karnataka

The Cibil level is labeled whatever describes your capacity to produce your credits pay off. A better credit score signifies solid credit records and makes the enrollment process for a two-wheeler loan simple and easy to maintain. Most or all of the time, banks and NBFCs accept a credit score of 750 and above as a decent score for granting your Karnataka loan online application.

This scoring would vary from bank to bank, again. You might be expected to pay a high fee on the loan amounts in case of a poor CIBIL score than the desired value and if your CIBIL score is reasonable then you’ll have to face poor interest rates. So a CIBIL score in a two-wheeler loan is a critical factor.

Two-Wheeler Loan Karnataka Contact Number

If you have any inquiries more about two-wheeler loans in Karnataka, you could even approach for any kind of help at the mobile 9878981166.

Pre Calculated EMI Table for Two-Wheeler Loan Karnataka

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 Karnataka

Karnataka, South India’s largest region, was established on November 1st and is in reality no less than a miracle. The state has become one of India’s oldest regions and is iconic for its ancient culture, customs, and heritage. It has been connected to some of the most influential nations, intellectuals, saints, ancient buildings, widely revered pilgrimage sites, and endless natural wonders to experience for different types of travelers.

Two-Wheeler Loan EMI Calculator