Two Wheeler Loan

Documents Required

Applicant
PAN Card
Aadhar Card
Resident Proof

(Light Bill/Vera Bill/Rent Agreement)
IT Return/Form No. 16
Last 2 Years
Bank Statement (12 Months)

Interest Rates & Charges

Charge Type Charge

Rate of Interest (Reducing)

@ 13%*

Cheque/ECS Bounce Charges

Rs. 500 + G.S.T

Cheque Swap Charges

Rs. 500 + G.S.T

Statement of Account Charges

0%

Foreclosure Charges

0%

Duplicate Sanction Letter

Rs. 250 + G.S.T

Duplicate Repayment Schedule

Rs. 250 + G.S.T

Duplicate NOC

Rs. 500 + G.S.T

Photocopy of Loan Agreement/Documents

Rs. 250 + G.S.T

Stamp Duty Charges

As Per State Stamp Act
  • (Subject to change as per NBFC discretion from time to time)
  • (GST as Application will be levied)

Eligibility

Eligibility
> Age of Applicant: Minimum 21 year and maximum 58 year at the time of loan maturity.
> Minimum net annual income Rs.1,44,000/
> Income eligibility based on latest income tax return.
> Salaried person based on latest 6 month salary slip and form No.16.