Best Banks for Two Wheeler Loan in Kolkata
Two Wheeler Loan Kolkata Features
Thinking of purchasing a new Two wheeler? But don’t have the required funds for it? Do not worry! A Two wheeler Loan is here for you. A Two wheeler loan is a means of funding or financial help provided by banks and NBFCs to the applicants at an affordable rate of interest to aid them in buying a Two wheeler, whether new or used.Two-wheelers have become a necessity for everyone, but the cost of two-wheelers is growing rapidly daily. This is where a Two wheeler loan comes into play and fulfils your desire to be the owner of your dream Two wheeler.
The main features of a Two wheeler loan in Kolkata are:
- Two wheeler loans are available at low-interest rates
- Almost all major banks and NBFCs offer Two wheeler loans in Kolkata
- The documentation process is quick and hassle-free
- Two wheeler loans are easily available through DialaBank
Two wheeler Loan Kolkata Interest Rate
To check Two Wheeler Loan Interest Rate for all major banks you can visit: Two Wheeler Loan Interest Rate
Two wheeler Loan Kolkata 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
- Income Proof: Latest 3-month salary slip with form 16
- Address Proof: Driving license / Voters card / Passport Copy / Telephone Bill / Ration card / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
For Self Employed:-
- Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
- Income Proof: Latest ITR
- Address Proof: Voters card / Passport Copy / Ration card / Telephone Bill / Driving license / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
Two wheeler Loan Kolkata Eligibility Criteria
For Salaried:-
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: 1 year in current employment and a minimum of 2 years of employment
- Minimum Annual Income: Rs 1,00,000 net annual income
For Self-Employed:-
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: at smallest 3 years in sales
- Minimum Annual Income: Net profit Rs. 60,000 p.a for regular cars and Rs.1,00,000 p.a. for mid-sized and superior cars.
Click here to know more about Two Wheeler Loan Eligibility
Two wheeler loan for Top selling bikes in Kolkata
Processing Fees / Prepayment Charges on Two wheeler Loan Kolkata
The processing fee charges on a Two wheeler loan in Kolkata are Up to 3% of the loan amount (maximum).
The Pre-payment charges on Two wheeler Loan in Kolkata are–
- Within 4 to 6 months – 10% of principal outstanding
- Within 7 to 12 months – 6% of the outstanding principal
- 13-24 months – 5% of principal outstanding
- Post 24 months – 3% of the key outstanding
- Prepayment within three months of EMI repayment is not permitted.
Two wheeler loan Kolkata Contact Number
In case of any queries regarding the Two wheeler loan in Kolkata, you may contact on the number 9878981166 for any sort of assistance.
Visit Dialabank to know more.
Pre Calculated EMI Table for Two wheeler Loan Kolkata
Rate
5 Yrs
4 Yrs
3 Yrs
10.50%
2149
2560
3250
11.00%
2174
2584
3273
11.50%
2199
2608
3297
12.00%
2224
2633
3321
12.50%
2249
2658
3345
13.00%
2275
2682
3369
13.50%
2300
2707
3393
14.00%
2326
2732
3417
14.50%
2352
2757
3442
15.00%
2378
2783
3466
About Kolkata
Kolkata (formerly Calcutta) is the centre of India’s West Bengal state. Established as an East India Company trading station, it was India’s property under the British Raj from 1773–1911. Today it’s known for its grand colonial building, art galleries and cultural celebrations. It’s also home to Mother House, the office of the Missionaries of Charity, founded by Mother Teresa, whose tomb is on the place.
Kolkata is the commercial and financial hub of East and North-East India and home to the Calcutta Stock Exchange. It is a significant economic and military port, and is the only city in eastern India, apart from Bhubaneswar to have a global airport. Flexible product has been the standard in Kolkata, which has an informal sector that uses more than 40% of the labour force.
Two wheeler Loan EMI Calculator
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FAQs for Two Wheeler Loan:
✅ Why should I apply for a Two Wheeler Loan in Kolkata?
Owning a Two Wheeler in Kolkata 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 Kolkata Two Wheeler loan helps you pay for the vehicle through easily affordable monthly payments.
✅ Can a Two Wheeler loan from Kolkata fund my vehicle purchase completely?
Most banks in Kolkata offer to fund up to 85% or even 90% of the vehicle cost. However, few lenders in Kolkata 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 Kolkata cover?
A Two Wheeler loan from Kolkata will cover the registration charges, insurance, as well as accessories. You can get even more benefits in Kolkata if your bank has a tie-up with a particular Two Wheeler company.
