Best Banks for Two Wheeler Loan in Kolhapur
Two Wheeler Loan Kolhapur Features
Sometimes choosing different bikes is difficult due to the money barrier?
Facing the same situation?
Do not worry! A Two-Wheeler Loan is here for you. A Two-Wheeler loan is a means of funding or financial help provided by banks and NBFCs to the applicants at an affordable rate of interest to aid them in buying a Two Wheeler.
The loan can be availed for a new or used two-wheeler. Two Wheelers have become a necessity for everyone.
However, the cost of Two Wheelers is growing rapidly. This is where a Two Wheeler loan comes into play and fulfils your desire to be the owner of your dream Two Wheeler. The main features of a Two Wheeler Loan are:
- Two Wheeler loans are available at low interest rates.
- Almost all major banks and NBFCs offer Two Wheeler loans in Kolhapur.
- Easy and simple processing
- Loan amount disbursed quickly.
- Two Wheeler Loans are available at a reasonable interest rate.
- Easy repayment options are available for you.
- Fulfil your desire for buying a new two-wheeler
- Two Wheeler Loans are easily available through Dialabank.
Get Two Wheeler Loan Kolhapur by visiting us at Dialabank, to ensure your loan gets approved fast, safe, and without any complications. We have already worked with thousands of loan seekers, and they have rated our service as one of the best!
Two Wheeler Loan Kolhapur Interest Rate
Know more about Two Wheeler Loan Interest Rates.
Two Wheeler Loan Kolhapur Documents Required
Salaried Individual
- Required Documents: Pan Card
- Identity Proof (Any 1): Voters ID Card / Passport copy / Driving License / Aadhaar Card
- Income Proof: Latest 3-month salary slip with form 16.
- Address Proof (Any 1): Driving license / Voters ID Card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
Self Employed Individual
- Required Documents: Pan Card
- Identity Proof (Any 1): Voters ID Card / Passport copy / Driving License / Aadhaar Card
- Income Proof: Latest ITR
- Address Proof(Any 1): Driving license / Voters ID Card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
Know more about Two Wheeler Loan documents required.
Two Wheeler Loan Kolhapur Eligibility Criteria
The following criteria are must and should be met by the applicant to get a two-wheeler loan approved:
- Age Group: The applicant should be of at least 21 years of age and a maximum of 65 years of age.
- Minimum Monthly Income: The average monthly income of the applicant should be no less than Rs 7000 (salaried) and Rs 6000 (self-employed).
- CIBIL Score: Cibil Score has a direct impact on your eligibility for the loan. If you have a high Cibil score, you can get the approval for the loan easily. Usually, a CIBIL score of 750 and above is considered by the banks.
Know more about Two Wheeler Loan eligibility criteria.
Two Wheeler Loan for Top Selling Bikes in Kolhapur
Processing Fees / Prepayment Charges on Two Wheeler Loan in Kolhapur
- Processing Fee: Up to 3% of the loan amount (maximum)
- Prepayment Charges: From 3% to 10% of the outstanding principal
- Pre-payment charges: Within 4 to 6 months – 10% of principal outstanding.
Within 7 to 12 months – 6% of principal outstanding.
Within 13 to 24 months – 5% of principal outstanding.
Post 24 months – 3% of principal outstanding.
*Prepayment is not allowed within three months of EMI repayment.
Two Wheeler Loan Kolhapur Contact Number
In case of any queries regarding the Two Wheeler loan in Kolhapur, you may dial to contact on +919878981166 for any assistance.
Pre Calculated EMI Table for Two Wheeler Loan Kolhapur
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 Kolhapur
Kolhapur is a city situated in the Indian state of Maharashtra. It is also the district headquarters of Kolhapur district. Before India got its Independence from the British rule, Kolhapur was a nineteen gun salute, a princely state known as Kolhapur State. It was ruled by the Bhosale Chhatrapati of Bhosle royal clan of the Maratha Empire.
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