Best Banks for Two Wheeler Loan in Meerut
|
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 Meerut Features
Apply for a Two Wheeler Loan
Thinking of purchasing a new bike? But do not have the required finances for it? Do not worry! A Two Wheeler Loan is available for you. A Two-Wheeler Loan is a means of funding or financial help offered by banks and NBFCs to the individuals at a reasonable rate of interest.
A Two Wheeler Loan Meerut helps you in buying a bike or scooter with your choice. Two Wheeler Loan in Meerut is available for both the salaried as well as for the self-employed individuals.
Some of the main features of a Two Wheeler Loan in Meerut are:
- Easy and simple processing
- Loan amount disbursed quickly
- Two Wheeler Loans are available at a reasonable interest rate
- Easy repayment options are available for you
- Fulfill your desire for buying a new two-wheeler
- Two Wheeler Loans are easily available through Dialabank
Two Wheeler Loan Meerut Interest Rates
|
Bank
|
Processing Fee
|
Prepayment Charges
|
|
HDFC Bank Car Loan
|
(1999 - 4999) + Tax
|
2%, Nil foreclosure charges after 24 months
|
|
Axis Bank Car Loan
|
1 % to 2.50%
|
Nil
|
|
Private Bank Car Loan
|
0.25% to 1.50%
|
2%, Nil foreclosure charges after 36 months
|
|
SBI Car Loan
|
500/- to 0.50%
|
Nil
|
|
Kotak Car Loan
|
1% to 2%
|
2.25% of foreclosure amount if closed 1 month ahead of the tenure.
|
|
IIFL Car Loan
|
Nil
|
Nil
|
|
Muthoot Car Loan
|
Nil
|
Nil
|
|
Manappauram Car Loan
|
Nil
|
Nil
|
|
PNB Car Loan
|
0.70% to 1%
|
Nil
|
|
Canara Bank Car Loan
|
1%
|
Nil
|
|
Andhra Bank Car Loan
|
Nil
|
Nil
|
Know more about Two Wheeler Loan Interest Rates.
Two Wheeler Loan Meerut Documents Required
For Salaried:-
- Self Proof: PAN Card, Voters ID card, Passport copy, Driving License
- Earning Proof: Latest 3-month salary slip with form 16
- House Proof: Driving license / Voters card / Passport Copy / Telephone Bill / Ration card / Electricity Bill / Life Insurance Policy
- Compulsory Document: PAN Card
- Bank Statement: Last 3 months.
For Self Employed:-
- Identification Proof: PAN Card, Voters ID card, Passport copy, Driving License
- Residence Proof(any 1): Voters card / Passport Copy / Ration card / Telephone Bill / Driving license / Electricity Bill / Life Insurance Policy /PAN Card
- Compulsory Document: PAN Card
- Bank Statement: Last 3 months.
Know more about Two Wheeler Loan documents required.
Two Wheeler Loan Meerut Eligibility Criteria
For Salaried:-
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: 1 year in job employment and a minimum of 2 years of job
- Minimum Monthly Income: Rs. 7,000
- High CIBIL Score: Get the loan easily
For Self-Employed:-
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: 3 years
- Minimum Monthly Income: Rs. 6,000
Know more about Two Wheeler Loan eligibility criteria.
Two Wheeler Loan for Top Selling Bikes in Meerut
Processing Fees / Prepayment Charges on Two Wheeler Loan in Meerut
The processing fee is the fee taken by the bank for the processing of a two wheeler loan. This may vary from bank to bank and depends on the loan amount. The processing fee charges for a two wheeler loan in Meerut is up to 3% of the loan amount (maximum).
Prepayment charges are the charges you will pay to the bank if you want to pay the loan amount before the time for lessening your interest burden. Prepayment charges vary from 3% to 10% of the outstanding principal for getting a two wheeler loan from Meerut.
Two Wheeler Loan Meerut Contact Number
Dialabank is the most leading and trustworthy agent who will serve you in the entire processing of two wheeler loan.
You can apply online with Dialabank and get the best offers on a two wheeler loan with instant approval or you can contact on this number for any queries about the two wheeler loan in Meerut 9878981166.
Our customer care representative will provide you guidance and assistance to solve your queries about a two wheeler loan.
Pre Calculated EMI Table for Two Wheeler Loan Meerut
| 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 |
Two Wheeler Loan EMI Calculator Meerut
About Meerut
Meerut is a city in the Uttar Pradesh state of India. It lies 70 km northeast of the national capital New Delhi and 430 km west of the state capital Lucknow.
Meerut is one of the largest producers of sports goods. It is also the largest producer of musical instruments in India. It is also known as the “Sports City of India”.
