Two Wheeler Loan Kottayam

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.

Drive Home Happiness

Attractive Rate of Interest
Loan Approval in 4 Hours
Tenure Up to 48 Months
Doorstep Service
Unbiased Experts Advice

Best Banks for Two Wheeler Loan in Kottayam

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 Kottayam Features

Thinking of purchasing a new two-wheeler? But don’t have the required funds for it? 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, whether new or used.

Two-wheelers have become a necessity for everyone, but the cost of two-wheelers is growing rapidly daily. This is where a two-wheeler loan comes into play and fulfills your desire to be the owner of your dream two-wheeler. The main features of a two-wheeler loan in Kottayam are:

  • Two-wheeler loans are available at low-interest rates
  • Almost all major banks and NBFCs offer two-wheeler loans in Kottayam
  • The documentation process is quick and hassle-free
  • Two-wheeler loans are easily available through DialaBank

Two-wheeler Loan Kottayam 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

Apply for a Car Loan

Two-wheeler Loan Kottayam Documents Required

For Salaried:-

  • Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
  • Income Proof: Latest 3-month salary slip with form 16
  • Address Proof: Driving license / Voters card / Passport Copy / Telephone Bill / Ration card / Electricity Bill / Life Insurance Policy /PAN Card
  • Bank Statement: Last 6 months.

For Self Employed:-

  • Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
  • Income Proof: Latest ITR
  • Address Proof: Voters card / Passport Copy / Ration card / Telephone Bill / Driving license / Electricity Bill / Life Insurance Policy /PAN Card
  • Bank Statement: Last 6 months.

Two-wheeler Loan Kottayam Eligibility Criteria

For Salaried:-

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

For Self-Employed:-

  • Minimum age: 21 years
  • Maximum age at loan maturity: 65 years
  • Minimum employment: at smallest 3 years in sales
  • Minimum Annual Income: Net profit Rs. 60,000 p.a for regular cars and Rs.1,00,000 p.a. for mid-sized and superior cars

Two-wheeler loan for Top selling bikes in Kottayam

Processing Fees / Prepayment Charges on Two-wheeler Loan Kottayam

The processing fee charges on a two-wheeler loan in Ahmedabad are Up to 3% of the loan amount (maximum). Prepayment Charges are Within 4 to 6 months – 10% of principal outstanding Within 7 to 12 months – 6% of principal outstanding 13-24 months – 5% of principal outstanding Post 24 months – 3% of principal outstanding
Prepayment is not allowed within three months of EMI repayment.

Apply for a Car Loan

Two-wheeler loan Kottayam Contact Number

In case of any queries regarding the two-wheeler loan in Kottayam, you may contact on the number 9878981166 for any sort of assistance.

Pre Calculated EMI Table for Two-wheeler Loan Kottayam

Rate
5 Yrs
4 Yrs
3 Yrs
10.50%
2149
2560
3250
11.00%
2174
2584
3273
11.50%
2199
2608
3297
12.00%
2224
2633
3321
12.50%
2249
2658
3345
13.00%
2275
2682
3369
13.50%
2300
2707
3393
14.00%
2326
2732
3417
14.50%
2352
2757
3442
15.00%
2378
2783
3466

Apply for a Car Loan

Two-wheeler Loan EMI Calculator

Two Wheeler Loan in Other Cities

Two Wheeler Loan Calicut Two Wheeler Loan in Gwalior
Two Wheeler Loan Jabalpur Two Wheeler Loan in Bhopal
Two Wheeler Loan Indore Two Wheeler Loan Bhopal
Two Wheeler Loan in Jabalpur Two Wheeler Loan Solapur
Menu