Best Banks for Two Wheeler Loan in Gorakhpur
|
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
|
Features of Two Wheeler loan Gorakhpur 
Buying the latest designed motorbikes has become a trend among youths. Since nowadays motorbikes are available with modern technologies as well as some additional features, hence its rate is now upgrading. To cope up with this rising rate, some financial aids have become necessary. If you desire to purchase any trendy motorbike, Two-Wheeler Loan Gorakhpur will assist you monetarily.
- Affordable
- Flexibility of payment
- Simple and Hassle-free
- Minimum Documentation
- Easy to payback
|
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 Gorakhpur Documents Required
For Salaried:-
- Address Proof: Driving license / Voters card / Passport Copy / Aadhaar Card
- Identity Proof: Aadhaar Card, Voters ID card, Passport, Driving License
- Compulsory Documents: PAN Card
- Bank Statement: Last 3 months.
For Self Employed:-
- Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
- Bank Statement: Last 3 months.
- Address Proof: Voters card / Passport Copy / Driving license / Aadhaar Card
- Required Documents: PAN Card
Know more about Two Wheeler Loan documents required.
Two Wheeler Loan Gorakhpur Eligibility Criteria
Your ability to repay the loan is the biggest factor in deciding whether you’ll be eligible or not for the two-wheeler loan. The following are the major criteria’s:
Know more about Two Wheeler Loan eligibility criteria.
Two Wheeler Loan for Top Selling Bikes in Gorakhpur
Processing Fees / Prepayment Charges on Two Wheeler Loan in Gorakhpur
Processing Fees– Up to 3% of the loan amount (maximum)
Pre-payment charges- Within 4 to 6 months – 10% of principal outstandingCar Loan Gorakhpur Contact Number
In case of any queries regarding the two-wheeler loan in Gorakhpur, you may contact on the number 9878981166 for any assistance.
Visit Dialabank to know more.
Pre Calculated EMI Table for Two Wheeler Loan Gorakhpur
| 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 Gorakhpur
Gorakhpur is a city in the eastern part of the state of Uttar Pradesh. The city is rich in the history of the two major religions of Hinduism and Buddhism. Gorakhpur had a population of 4,436,275. The city has an industrial area called “Gorakhpur Industrial Development Authority”. Apply for a Car Loan
Two Wheeler Loan EMI Calculator Gorakhpur
