Best Banks for Two Wheeler Loan in Coimbatore
Two Wheeler Loan Coimbatore Features
- Easy and hassle-free process
- Quick Disbursal of Loan Amount
- Fulfil your wants by choosing the Two Wheeler you love
- Attractive Rate of Interests
- Easy Repayment and Prepayment Method.
Two Wheeler Loan Coimbatore Interest Rates
Two Wheeler Loan Coimbatore Documents Required
For Salaried:-
- Identity Proof: Aadhaar Card, Voters ID card, Passport, Driving License
- Address Proof: Driving license / Voters card / Passport Copy / Aadhaar Card
- Compulsory Documents: 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 / Driving license / Aadhaar Card
- Bank Statement: Last 3 months.
- Required Documents: PAN Card
Two Wheeler Loan Coimbatore Eligibility Criteria
Your ability to repay the loan is the most significant 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 a 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 Coimbatore
Processing Fees / Prepayment Charges on Two Wheeler Loan in Coimbatore
Processing Fees
- Up to 3% of the loan amount (maximum)
Prepayment 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 critical outstanding
- Prepayment within three months of EMI repayment is not permitted.
Car Loan Coimbatore Contact Number
In case of any queries regarding the two-wheeler loan in Coimbatore, you may contact on the number 9878981166 for any assistance. Visit Dialabank to know more.
Pre Calculated EMI Table for Two Wheeler Loan Coimbatore
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 Coimbatore
Coimbatore is situated on the banks of the river Noyyal and surrounded by the Western Ghats. Coimbatore is Tamil Nadu’s second-largest city after Chennai and India’s 16th-largest urban agglomeration.
It is governed by Coimbatore Municipal Corporation and is the administrative capital of the district of Coimbatore
Two Wheeler Loan EMI Calculator Coimbatore
FAQs on Two Wheeler Loan in Coimbatore
✅ What is the maximum loan amount I can get for a Two Wheeler Loan?
The maximum loan amount granted to you depends on your credit profile and existing obligations. The maximum loan amount sanctioned for pre-approved Two Wheeler Loans can be up to Rs.3 lakhs. It can vary from bank to bank.
✅ What are the tenure options for a Two Wheeler Loan?
The tenure for a Two Wheeler loan typically ranges from 6 months to 60 months, depending on the loan amount. You can choose the loan tenure at your convenience.
✅ Does credit score impact a Two Wheeler Loan approval?
Yes, your credit score may be considered when you apply for a Two Wheeler Loan. It helps banks in determining your financial position. A score of 750 or above will help you to attain a loan easily and for a larger amount.
Other Cities For Two Wheeler Loan
