Two Wheeler Loan Raikot

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

Two Wheeler Loan Raikot

Best Banks for Two Wheeler Loan in Raikot

Feature
HDFC Bank
Private 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 Raikot Features

two wheeler loan raikot

Apply for a Two Wheeler Loan

Thinking of purchasing a new bike? Don’t have the required finances for it? Do not worry! There is an accessibility of a Two Wheeler Loan for you. A Two Wheeler Loan is a means of funding or financial help provided by banks and NBFCs to the appliers at a reasonable rate of interest.

A Two Wheeler Loan Raikot helps you in buying a bike or scooter with your choice. Two Wheeler Loan in Raikot 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 Raikot are:

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

Two Wheeler Loan Raikot 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
Private 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

To check Two Wheeler Loan Interest Rate for all major banks you can visit: Two Wheeler Loan Interest Rate

Apply for a Car Loan

Two Wheeler Loan Raikot Documents Required

For Salaried:-

  • Self Evidence: PAN Card, Voters ID card, Passport copy, Driving License
  • Proof of Earning: Latest 3-month salary slip with form 16
  • Proof of Accommodation: 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:-

  • Identification Evidence: PAN Card, Voters ID card, Passport copy, Driving License
  • Residence Evidence(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.

Click here to know more about Two Wheeler Loan Documents Required

Two Wheeler Loan Raikot Eligibility Criteria

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

Click here to know more about Two Wheeler Loan Eligibility 

Two Wheeler Loan for Top Selling Bikes in Raikot

Apply for a Car Loan

Processing Fees / Prepayment Charges on Two Wheeler Loan in Raikot

The processing fee is the fee taken by the bank for the processing of a two wheeler loan application. This will differ from bank to bank and depends on the amount of loan. The processing fee charges for a two wheeler loan in Raikot is up to 3% of the loan amount (maximum).

Prepayment charges are the charges you will pay to the bank if you desire to pay the amount of loan before the loan tenure duration for lowering your interest burden. Prepayment charges vary from 3% to 10% of the outstanding principal for getting a two wheeler loan from Raikot.

Two Wheeler Loan Raikot Contact Number

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

You can apply with Dialabank through the online platform and get the best offers on a two wheeler loan with instant approval or you can contact on this number for any queries about the two wheeler loan in Raikot  9878981166.

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

Pre Calculated EMI Table for Two Wheeler Loan Raikot

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 Raikot

Apply for a Car Loan

About Raikot

Raikot is a city and municipal council in the Ludhiana district in Punjab state, India. According to the 2011 census, it had a population of 28,734. It was founded by Rai Ahmed in 1648. It has an average literacy rate of 77%. Raikot has an average elevation of 235 meters.