Best Banks for Two-wheeler Loan in Navi Mumbai
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 in Navi Mumbai Features
Today in this quick forward period who would not like to be brisk? Bikes are the best answer for an effective medium to get things done whenever anyplace. Think about what, regardless of whether you are lacking in bank balance Dialabank got your back, with the most effortless responses to all your bike credit-related inquiries. Get moment Two-wheeler advance from Dialabank in basic problem-free advances. Dialabank causes you to profit a bike advance with a credit residency of 1 year to 4 years with incidental advantages that incorporate; essential advance archives, most reduced EMI, and adaptability to pick a bike voluntarily.
You can go on the streets with your own (bicycle, bike, superbikes, and so on.) on streets with Dialabank since we permit you to experience all choices from productive to sumptuous with the most straightforward advanced system.
Two Wheeler Loan Interest Rates
The interest rate for a two-wheeler loan in Navi Mumbai Starts at 11.83% p.a.
To check Two Wheeler Loan Interest Rate for all major banks you can visit: Two Wheeler Loan Interest Rate
Two wheeler Loan in Navi Mumbai Documents Required
Click here to know more about Two Wheeler Loan 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 / Ration card / Electricity Bill / Life Insurance Policy
- Bank Statement: Last 6 months.
- Compulsory Document: PAN Card
For Self Employed:-
- Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
- Required Document: PAN Card
- Address Proof: Voters card / Passport Copy / Ration card / Telephone Bill / Driving license / Electricity Bill / Life Insurance Policy
- Bank Statement: Last 6 months.
Two Wheeler Loan in Navi Mumbai Eligibility Criteria
For Salaried:-
- The age criteria of an applicant should be a minimum of 21 and a maximum of 65 years.
- The monthly income of around 7000 INR.
- CIBIL Score has a direct impact on your eligibility for the loan. If you have a high CIBIL score, you can get the approval for the loan easily.
For Self-Employed:-
- The age criteria of an applicant should be a minimum of 21 and a maximum of 65 years.
- The monthly income of around 6000 INR.
- CIBIL Score has a direct impact on your eligibility for the loan. If you have a high CIBIL score, you can get the approval for the loan easily.
Click here to know more about Two Wheeler Loan Eligibility
Two Wheeler Loan for Top Selling Bikes in Navi Mumbai
Processing Fees / Prepayment Charges on Two Wheeler Loans in Navi Mumbai
The Processing Fee required for availing Two Wheeler Loan in Navi Mumbai is 3% of the loan amount (maximum).
The Payment Charges are simply processed from 3% to 10% of the outstanding principal.
And Prepayment Charges include:
- 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 in Navi Mumbai Contact Number
In case of any queries regarding the Two Wheeler Loan in Navi Mumbai, you may contact on the number 9878981166 for any sort of assistance or you can also visit us at Dialabank.
Pre Calculated EMI Table for Two Wheeler Loan in Navi Mumbai
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 Navi Mumbai
Navi Mumbai, situated in the eastern harbor of Mumbai, is one of the world’s biggest arranged municipalities. Since independence, there was a particular motivation to construct another city on the terrain over the harbor: to bring down the number of inhabitants in Mumbai, an island city whose physical development had a limit. It was viewed as an option for the numerous individuals who needed to come to Mumbai from everywhere India.
This choice required the Maharashtra government to migrate its seat of administration alongside the entirety of its significant workplaces to this new city, and totally stop the back bay recovery venture in the island city. It didn’t do this. It proceeded with the recovery and put brakes on the endeavors of CIDCO, (for example, the moving of discount markets).
Two Wheeler Loan EMI Calculator
FAQs for Two Wheeler Loan:
✅ Why should I apply for a Two Wheeler Loan in Navi Mumbai?
Owning a Two Wheeler in Navi Mumbai can make you feel confident and independent. However, to pay for it out of your own pocket can make it a financial burden for you and the Navi Mumbai Two Wheeler loan helps you pay for the vehicle through easily affordable monthly payments.
✅ Can a Two Wheeler loan from Navi Mumbai fund my vehicle purchase completely?
Most banks in Navi Mumbai offer to fund up to 85% or even 90% of the vehicle cost. However, few lenders in Navi Mumbai even fund for the 100% amount but charge some additional costs and add some conditions to it.
✅ What costs will a Two Wheeler Loan in Navi Mumbai cover?
A Two Wheeler loan from Navi Mumbai will cover the registration charges, insurance, as well as accessories. You can get even more benefits in Navi Mumbai if your bank has a tie-up with a particular Two Wheeler company.