Two Wheeler Loan Madurai

Best Banks for Two Wheeler Loan in Madurai

Two Wheeler Loan Madurai Features 

Having the desire of purchasing a new two-wheeler? Lacking the required funds for it? Not to worry! A two-wheeler loan can be a solution for you. A two-wheeler loan is offered to provide funding and financial help by banks and NBFCs to the applicants at attractive interest rates to help them buy their dream two-wheeler, whether new or used.

Since a two-wheeler is one of the necessary assets for everyone, but due to the rise in the cost of two-wheelers a two-wheeler loan can come into play and fulfil your desire to be the owner of your dream bike. The main features of a two-wheeler loan in Madurai are:

• Two-wheeler loans are offered at very low interest rates
• Almost all major banks and NBFCs offer two-wheeler loans in Madurai
• The documentation process is quick and hassle-free
• Two-wheeler loans can be applied easily through Dialabank

Two Wheeler Loan Madurai Interest Rates

Two Wheeler Loan Madurai 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 / PAN Card
• Bank Statement: Last 3 months.

For Self Employed:-

• Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
• Address Proof: Voters card / Passport Copy / Ration card / Telephone Bill / Driving license / PAN Card
• Bank Statement: Last 3 months.

Two Wheeler Loan Madurai Eligibility Criteria

For Salaried:-

1. Minimum age: 21 years
2. Maximum age at loan maturity: 65 years
3. Minimum Monthly Income: Rs 7000 per month income

For Self-Employed:-

1. Minimum age: 21 years
2. Maximum age at loan maturity: 65 years
3. Minimum Monthly Income: Rs. 6000 per month

Two Wheeler Loan for Top Selling Bikes in Madurai

Processing Fees / Prepayment Charges on Two Wheeler Loan in Madurai

The processing fee charges on a two-wheeler loan in Madurai are Up to 3% of the loan amount (or a minimum of Rs 600). Prepayment Charges are 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 Madurai Contact Number

To get an easy and instant Two Wheeler loan you can visit Dialabank or call on 9878981166 to get personalized assistance. Our relationship managers are well trained and will assist you in the best ever way possible in order to provide you with a deal most suited for you.

Pre Calculated EMI Table for Two Wheeler Loan Madurai

About Madurai

Madurai is an energetic, ancient city on the Vaigai River in the South Indian state of Tamil Nadu. Its skyline is dominated by the 14 colourful gopurams (gateway towers) of Meenakshi Amman Temple. Covered in bright carvings of Hindu gods, the Dravidian-style temple is a major pilgrimage site. Millions attend the processions and ceremonies of April’s Chithirai Festival celebrating Meenakshi and Lord Vishnu.

Two Wheeler Loan EMI Calculator Madurai

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