Two Wheeler Loan Rajkot

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Two Wheeler Loan Rajkot

All About Two Wheeler Loan Rajkot


Best Banks for Two Wheeler Loan in Rajkot

Two Wheeler Loan Rajkot Features

Two-Wheeler Loan  Rajkot is funding choice that helps lot of people buy their dream bike without having to pay all the costs at once. 
It is loan providing the sum necessary to pay for the car. Such loans are also available on wide variety of different brands and model bikes.
Two Wheeler Loan Rajkot Interest RatesTwo Wheeler Loan Rajkot


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%
ICICI Bank Car Loan
0.25% to 1.50%
2%, Nil foreclosure charges after 36 months
SBI Car Loan
500/- to 0.50%
Kotak Car Loan
1% to 2%
2.25% of foreclosure amount if closed 1 month ahead of the tenure.
IIFL Car Loan
Muthoot Car Loan
Manappauram Car Loan
PNB Car Loan
0.70% to 1%
Canara Bank Car Loan
Andhra Bank Car Loan

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Two Wheeler Loan Rajkot Documents Required

For Salaried:-

  • Address Proof: Driving license / Voters card / Passport Copy / Aadhaar Card
  • Identity Proof: Aadhaar Card, Voters ID card, Passport, Driving License
  • Compulsory Documents: PAN Card
  • Bank Statement: Last 3 months.

For Self Employed:-

  • Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
  • Bank Statement: Last 3 months.
  • Address Proof: Voters card / Passport Copy / Driving license / Aadhaar Card
  • Required Documents: PAN Card

Know more about Two Wheeler Loan documents required.

Two Wheeler Loan Rajkot Eligibility Criteria

Your ability to repay the loan is the biggest factor in deciding whether you’ll be eligible or not for the two-wheeler loan. The following are the major criteria’s:

The borrower should be at least age 21 and maximum age 65 to qualify for the loan. 
You are eligible for the two Wheeler loans if you have an average monthly income of Rs 7000 (salaried) and Rs 6000 (self-employed).

Two Wheeler Loan for Top Selling Bikes in Rajkot

Processing Fees / Prepayment Charges on Two Wheeler Loan in Rajkot

Processing Fees– Up to 3% of the loan amount (maximum)

Pre-payment charges-Within 4 to 6 months – 10% of principal outstanding
                                     Within 7 to 12 months – 6% of the outstanding principal 
                                     13-24 months – 5% of principal outstanding
                                     Post 24 months – 3% of the key outstanding
Prepayment within three months of EMI repayment is not permitted.

Car Loan Rajkot Contact Number

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

Visit Dialabank to know more.

Pre Calculated EMI Table for Two Wheeler Loan Rajkot

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 Rajkot

Rajkot is Gujarat, India’s fourth-largest city after Ahmedabad, Surat, and Vadodara and is located in the centre of Gujarat’s Saurashtra area. 
Rajkot is India’s 35th largest metropolitan city, with over 1.8 million inhabitants as of 2018.

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Two Wheeler Loan EMI Calculator Rajkot

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