Two Wheeler Loan Jammu

Best Banks for Two Wheeler Loan in Jammu

Two Wheeler Loan Jammu Features

Have you always dreamt of a Two Wheeler but due to financial reasons never were able to buy one? Do not worry! A two-wheeler loan is here for you. A two-wheeler loan is a service provided to you which is financial help provided by banks and NBFCs to you at an affordable rate of interest to help you to buy a two-wheeler that may be new or used.

The cost of two-wheelers is growing on a rapid scale, however, they have become a necessity for everyone though. But to be the owner of your dream bike, this is where a two-wheeler loan comes into play and fulfils your desire. The main features of a two-wheeler loan in Jammu are:

• Two-wheeler loans are provided with low-interest rates.
• In Jammu, almost all major banks and NBFCs offer two-wheeler loans.
• Very little documentation is required in Two Wheeler Loans.
• Through Dailabank, you can easily go for a Two Wheeler Loan without any hassle.

Two Wheeler Loan Jammu Interest Rates

Two Wheeler Loan Jammu Documents Required

For Salaried:-

• Identification Proof: PAN Card, Passport copy, Voters ID card, Driving License
• Proof of Income: Form 16 with the latest salary slip of 3 months
• Proof of Address: Driving license /  Telephone Bill / Ration card / Voters card / Passport Copy / Electricity Bill / Life Insurance Policy /PAN Card
• Bank Statement: Last 6 months.

For Self Employed:-

• Identification Proof: Voters ID card, Passport copy, PAN Card, Driving License
• Income Proof: Latest ITR
• Proof of Address: Telephone Bill / Voters card / Passport Copy / Ration card /  Electricity Bill / Life Insurance Policy / Driving license / PAN Card
• Bank Statement: Last 6 months.

Two Wheeler Loan Jammu Eligibility Criteria

For Salaried:-

1. Minimum age: 21 years
2. Maximum age at loan maturity: 65 years
3. Minimum employment: a minimum of 2 years of employment experience and 1 year in current employment 
4. Minimum Annual Income: Net annual income should be at least Rs 1,00,000

For Self-Employed:-

1. Minimum age: 21 years
2. Maximum age at loan maturity: 65 years
3. Minimum employment: 3 years in sales can be at the smallest
4. Minimum Annual Income: Net profit Rs.1,00,000 p.a. for mid-sized and superior bikes, Rs. 60,000 p.a for regular bikes.

Two Wheeler Loan for Top Selling Bikes in Jammu

Processing Fees / Prepayment Charges on Two Wheeler Loan Jammu

3% of the loan amount with a minimum of Rs.600 is the processing fee in a two-wheeler loan.

Banks empower an individual advance borrower to make a pre-conclusion or a pre-instalment of advance. Be as it may, you will have the option to prepay your current bank individual credit simply following a year after you have acquired your advance and in the wake of the dispossession charges that might be pertinent to paying 12 EMIs in addition. You can reimburse your own advance before the first due date and close your credit early, on the off chance that you meet this prerequisite.

Two Wheeler Loan Jammu Contact Number

In case of any queries regarding the two-wheeler loan in Jammu, you may contact on the number 9878981166 for any sort of assistance.

Pre Calculated EMI Table for Two Wheeler Loan Jammu

About Jammu

Jammu is the second-most populous city in Jammu and Kashmir union territory. The city spreads around the Tawi river and has 5 bridges on the river. Jammu also is known as the winter capital of Jammu and Kashmir from November to April. Jammu was a municipal committee during the 2001 census of India.

Two Wheeler Loan EMI Calculator

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