Two wheeler loan in Hyderabad

Wanting to buy a two wheeler in Hyderabad? Here we are, to help you ride home your favorite bike and also help you avail loans in Hyderabad. Hyderabad is a richly populated city, with a population of 6.8 million. Hyderabad has population from all walks of life such as traders, students, office going people and so on. With that crowd it is often too hard to cope up with the traffic and hence you need your two-wheeler to help you reach your work-place, institute, or any destination well in time. And if you are looking for a two wheeler loan in hyderabad you are in the right place and the right time.

Letzbank can help you avail the two-wheeler loan you are seeking in Hyderabad. Letzbank has tie-ups with various leading banks offering two-wheeler loans in Hyderabad. The organization, through its website helps people avail instant two-wheeler loan, through a hassle-free process and very less documentation. You will be at an advantage if you avail your two-wheeler loans in Hyderabad from Letzbank as you will be benefitted from the waiver in service fee for the applications that will be submitted online on the portal Letzbank.

Know More About Two-Wheeler Loans in Hyderabad
  • You can avail two-wheeler loans in Hyderabad for upto Rs.1,20,000/- which can be paid through easy equated monthly installments for loan tenure of 3 years approximately.
  • The interest rates that is applicable for this loan is approximately 22% with fore-closure charges of 3% to 5%.
Know if you are Eligible for Two-wheeler Loans in Hyderbad
  • You need to be at least 21 years old at the time of submission of your application and less than or equal to 65 years at the end of the loan tenor.
  • For everyone wanting to avail two-wheeler loan you should hold a work experience of at least one year.
  • If you wish to avail your two-wheeler loan in Hyderabad you should be residing in the city for at least one year.
  • Another thing you need is to have a land line number at your residence or at your work place.
Documents Required

You will need copy of any one document from the documents enlisted below

  • Passport
  • Voters ID card
  • Driving license
  • PAN card
  • Company ID card of MNC/ Public Ltd. / PSU / Govt. organization
  • Aadhar card

Address Proof

You will need copy of any one document from the documents enlisted below

  • 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

  • You can submit last three months bank statement as a proof of your salary being drawn from your organization.
  • Payslip from your organization is a valid income proof.
  • You can also submit IT return certificate as an income proof to avail loan for your two-wheeler in Hyderabad.