Best Banks for Two Wheeler Loan in Palwal
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 Palwal Features
Today in this fast forward era who doesn’t want to be snappy? Two wheelers are the best solution for an efficient medium to run errands anytime anywhere. Guess what, even if you are short on bank balance Dialabank got your back, with the easiest answers to all your two wheeler loan related queries.
Get instant Two wheeler loan from Dialabank in simple hassle-free steps. Dialabank helps you to avail of a two wheeler loan with a loan tenure of 1 year to 4 years with fringe benefits that include; basic loan documents, lowest EMI, and flexibility to choose a two wheeler of your own choice. Here you go on roads with your personal (bike, scooter, superbikes, etc.) on roads with Dialabank since we allow you to go through all options from efficient to luxurious with the most transparent loan procedure.
Two Wheeler Loan Interest Rates in Palwal
The interest rate for two wheeler loan in Palwal Starts at 11.83% p.a.
Know More – Two wheeler Loan interest rate
Two wheeler Loan in Palwal Documents Required
Documents required for a two wheeler loan are as followed:
For Salaried:-
- Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
- Compulsory Document: PAN Card
- Bank Statement: Last 6 months.
- Address Proof: Driving license / Voters card / Passport Copy / Telephone Bill / Ration card / Electricity Bill / Life Insurance Policy
For Self Employed:-
- Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
- Required Document: PAN Card
- Bank Statement: Last 6 months.
- Address Proof: Voters card / Passport Copy / Ration card / Telephone Bill / Driving license / Electricity Bill / Life Insurance Policy
Two Wheeler Loan Palwal Eligibility Criteria in Palwal
For Salaried:-
- The applicant should be of at least 21 years of age and a maximum of 65 years of age.
- 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.
- If you have an average monthly income of Rs 7000.
For Self-Employed:-
- The applicant should be of at least 21 years of age and a maximum of 65 years of age.
- If you earn an average of Rs 6000 on monthly basis.
- 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.
Two Wheeler Loan for Top Selling Bikes in Palwal
Processing Fees / Prepayment Charges on Two Wheeler Loans in Palwal
The Processing Fee required for availing Two Wheeler Loan in Palwal 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 Palwal Contact Number
In case of any queries regarding the Two Wheeler Loan in Palwal, 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 Palwal
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 Palwal
Palwal is a city and a municipal council. It is the headquarters of Palwal district, the 21st district of Haryana state in northern India. Palwal is one of the most significant makers of cotton in the nation. Cotton from here is provided everywhere on over the nation. The acclaimed Hindu sanctuary Panchawati is located here. It has a high symbolic significance in the Hindu religion.
The origin of Palwal is related to the local legend identified with the Mahabharata, as indicated by which the town is named after an asura called “Palwasura” who was killed by Balarama, the sibling of Krishna. To celebrate this event a yearly celebration called “Baldev Chhat Ka Mela” is held here, and a “Dauji Temple” to pay tribute to Balrama is arranged in Banchari town 25 km from Palwal on Grand Trunk Road
Two Wheeler Loan EMI Calculator in Palwal