Get on road with your favorite bike in garden city – Bangalore; with Two wheeler Loan in Bangalore. All you need to do is to choose your bike get a quote from dealer offering you best price on the bike of your choice and we will assist you with best two wheeler loan in Bangalore
Two wheeler loan in Bangalore
☞You can apply for two-wheeler loans upto Rupees 1,50,000/- from our partner banks to buy the two-wheeler of your choice. The loan amount usually offered is upto 80% of the ex-show room price of your two-wheeler.
☞Two-wheeler loans can be availed at the Rate of Interest around 22% p.a.
☞The loan tenor for purchase of two-wheeler is upto 3 years, however it depends on your own choice if you wish to close your loan a bit faster by paying a little more amount on your EMI.
☞You will be required to deposit some amount as a down payment which should be roughly around 20% of the price of your vehicle.
☞You can choose to close your two-wheeler loan by paying a foreclosure charge of 5%.
☞A nominal fee of Rs. 400 is charged as a processing fee with an additional charge for documentation as applicable.
How eligible are you for availing Two-wheeler loans in Bangalore:
•You should be at least 21 years of age at the time of applying for the two-wheeler loan or less than or equal to 65 years of age at the end of the loan tenor.
•For salaried individuals - You should have a work experience of at least one year.
•For self-employed individuals – You should be residing in Bangalore for a minimum of one year, have a land line number at your residence or your workplace.
• You can apply for two-wheeler loans in Bangalore at Letzbank which portrays various two-wheeler loans offered from leading banks in Bangalore.
• Please note that Letzbank does not charge you any service fee for its online services.
• Checkout our website Letzbank; and get assistance in planning your EMI and ROI. Highly accurate and efficient tools available on Letzbank website will enable you to know your more about loan costs at various stages.
• Once you apply for your choice of two wheeler loan let us assist you further in availing your choice of two wheeler loan.
It does not matter if your vehicle is geared or a non-geared vehicle; you can always gear up yourself for your ride in the garden city of yours with Two wheeler Loans in Bangalore – Letzbank!
• Identity Proof (Choose from any one document enlisted) - Indian Passport, Voters ID card, Driving license, PAN card, Company ID card of MNC/ Public Ltd. / PSU / Govt. organization, Adhaar card, etc.
• Address proof (Choose from any one document enlisted) -Passport, Voters ID card, Driving license, Rental agreement, Telephone bill, Electricity bill, Gas connection bills, Ration Card, Sale deed, Property purchase agreement, Credit card billing statement (latest), LIC policy, Letter from company or company provided accommodation (list of the company's as per the Banks List- ID card of MNC/ Public Ltd., / PSU/ Govt. containing the residence address), Address proof in the name of the applicant's spouse or parents name is also considered valid and acceptable.
• Income proof (Choose from any one document enlisted) – Last three months bank statement where your salary is being deposited by your organization, Payslip from your organization you are working in and IT return certificate