Best Banks for Two wheeler Loan in Varanasi
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 Varanasi Features
Two wheeler are the most accurate solution for an effective and easy way to travel around for an work anytime. In the environment full traffic, the quickest mode to reach to the destination are two wheeler. The worries for lack on bank balance could be handled best by dialabank. Get the easiest way of loaning an amount with dialabank. Get moment Two wheeler loan advance from Dialabank in straightforward problem free advances. Dialabank causes you to profit a bike advance with an advance residency of 1 year to 4 years with incidental advantages that incorporate; fundamental credit archives, least EMI, and adaptability to pick a bike willingly.
Here you go on streets with your own (bicycle, bike, superbikes, and so forth.) on streets with Dialabank since we permit you to experience all alternatives from effective to sumptuous with the most straightforward advance strategy.
Two Wheeler Loan Interest Rates
The interest rate for two wheeler loan in Varanasi Starts at 11.83% p.a.
Know More – Two wheeler Loan interest rate
Two wheeler Loan in Varanasi 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
- Address Proof: Driving license / Voters card / Passport Copy / Telephone Bill / Ration card / Electricity Bill / Life Insurance Policy
- Bank Statement: Last 6 months.
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 Varanasi Eligibility Criteria
The two wheeler loan eligibility requirements are as followed:
For Salaried:-
- The applicant should be of at least 21 years of age and a maximum of 65 years of age.
- If you have an average monthly income of Rs 7000.
- 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 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 Varanasi
Processing Fees / Prepayment Charges on Two Wheeler Loans in Varanasi
The Processing Fee required for availing Two Wheeler Loan in Varanasi 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 Varanasi Contact Number
In case of any queries regarding the Two Wheeler Loan in Varanasi, 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 Varanasi
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 Varanasi
Varanasi has been a social focus of northern India for a few thousand years, and is firmly connected with the Ganges. Hindus accept that perishing here and getting incinerated along the banks of the “heavenly” Ganges waterway permits one to break the pattern of resurrection and achieve salvation,[12] making it a significant community for journey. The city is known worldwide for its numerous ghats, dikes made in steps of stone sections along the waterway bank where travelers perform ceremonial ablutions.
Two Wheeler Loan EMI Calculator
FAQs for Two Wheeler Loan in Nuh
✅ Why should I apply for a Two Wheeler Loan in Nuh?
Owning a Two Wheeler in Nuh 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 Nuh Two Wheeler loan helps you pay for the vehicle through easily affordable monthly payments.
✅ Can a Two Wheeler loan in Nuh fund my vehicle purchase completely?
Most banks in Nuh offer to fund up to 85% or even 90% of the vehicle cost. However, few lenders in Nuh 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 Nuh cover?
A Two Wheeler loan in Nuh will cover the registration charges, insurance, as well as accessories. You can get even more benefits in Nuh if your bank has a tie-up with a particular Two Wheeler company.