Best Banks for Two Wheeler Loan in Delhi
|
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 Delhi Features
Having the desire of purchasing a new two-wheeler? Lacking the required funds for it? Not to worry! A two-wheeler loan can be a solution for you. A two-wheeler loan is offered to provide funding and financial help by banks and NBFCs to the applicants at attractive interest rates to help them buy their dream two-wheeler, whether new or used.
Since a two-wheeler is one of the necessary assets for everyone, but due to the rise in the cost of two-wheelers a two-wheeler loan can come into play and fulfil your desire to be the owner of your dream bike. The main features of a two-wheeler loan in Delhi are:
- Two-wheeler loans are offered at very low interest rates
- Almost all major banks and NBFCs offer two-wheeler loans in Delhi
- The documentation process is quick and hassle-free
- Two-wheeler loans can be applied easily through DialaBank
Two Wheeler Loan Delhi 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
|
Two Wheeler Loan Delhi Documents Required
For Salaried:-
- Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
- Address Proof: Driving license / Voters card / Passport Copy / Telephone Bill / PAN Card
- Bank Statement: Last 3 months.
For Self Employed:-
- Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
- Address Proof: Voters card / Passport Copy / Ration card / Telephone Bill / Driving license / PAN Card
- Bank Statement: Last 3 months.
Two Wheeler Loan Delhi Eligibility Criteria
For Salaried:-
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum Monthly Income: Rs 7000 per month income
For Self-Employed:-
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum Monthly Income: Rs. 6000 per month
Two Wheeler Loan for Top Selling Bikes in Delhi
Processing Fees / Prepayment Charges on Two Wheeler Loan in Delhi
The processing fee charges on a two-wheeler loan in Delhi are Up to 3% of the loan amount (or a minimum of Rs 600). Prepayment Charges are Within 4 to 6 months – 10% of principal outstanding Within 7 to 12 months – 6% of principal outstanding 13-24 months – 5% of principal outstanding Post 24 months – 3% of principal outstanding
Prepayment is not allowed within three months of EMI repayment.
Two Wheeler Loan Delhi Contact Number
To get an easy and instant Two Wheeler loan you can visit Dialabank or call on 9878981166 to get personalized assistance. Our relationship managers are well trained and will assist you in the best ever way possible in order to provide you with a deal most suited for you.
Pre Calculated EMI Table for Two Wheeler Loan Delhi
| 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 Delhi
Delhi, India’s capital territory, might be an enormous metropolitan house among the country’s north. In the city, a section qualitative analysis to the 1600s, stands the imposing Mughal-era Red Fort, an emblem of Asian country, and thus the sprawling Jama place of worship mosque, whose court accommodates twenty 5,000 people. close to is Chandni Chowk, a vibrant bazaar filled with food carts, sweets shops and spice stalls.
Two Wheeler Loan EMI Calculator Delhi
