Best Banks for Two Wheeler Loan in Mumbai
Two Wheeler Loan Mumbai Features
Apply for a Two Wheeler Loan
Thinking of acquiring a new bike or scooter? Do you need funds for it? Do not despair! A Two Wheeler Loan is accessible for you. A Two-Wheeler Loan is a means of funding or monetary help given by banks and NBFCs to individuals at a reasonable interest rate.
A Two-Wheeler Loan Mumbai helps you in buying a bike or scooter with your choice. Two Wheeler Loan in Mumbai is available for the salaried as well as for the self-employed individuals. Some of the main features of a Two Wheeler Loan in Mumbai are:
- Smooth and trouble-free processing
- Loan amount paid instantly
- Two Wheeler Loans are available at an attractive interest rate.
- Easy refund options are available for you.
- Fulfil your desire for buying a new bike or scooter
- Two Wheeler Loans are possible through Dialabank easily.
Two Wheeler Loan Mumbai Interest Rates
Two Wheeler Loan Mumbai 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.
Two Wheeler Loan Mumbai 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
Two Wheeler Loan for Top Selling Bikes in Mumbai
Processing Fees / Prepayment Charges on Two Wheeler Loan in Mumbai
The processing fee is the fee or charge considered by the bank for the processing of a two-wheeler loan. This ranges from bank to bank. It is dependent on the amount of the loan. The processing fee charges for a two-wheeler loan in Mumbai is up to 3% of the loan amount (maximum).
Prepayment charges are the charges you have to pay to the bank if you wish to pay the loan amount before the loan tenure duration for lowering your interest burden. Prepayment charges vary from 3% to 10% of the outstanding principal for getting a two-wheeler loan from Mumbai.
Two Wheeler Loan Mumbai Contact Number
Dialabank is the most trustworthy agent who will assist you in the whole processing of a two-wheeler loan.
You can apply with Dialabank through the online platform and get the best offers on a two-wheeler loan with instant approval or you can contact this number for any queries about the two-wheeler loan in Mumbai 9878981166.
Our customer care representative will provide you with guidance and assistance to solve your queries about a two-wheeler loan.
Pre Calculated EMI Table for Two Wheeler Loan Mumbai
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 Mumbai
About Mumbai
Mumbai is the industrial city of the Indian state of Maharashtra. According to the United Nations, as of 2018, Mumbai is the most crowded city in the country and the seventh-most populated city in the world with a community of roughly 20 million. Mumbai is the monetary, financial, and amusement capital of India. Mumbai’s market opportunities pull migrants from all over India.
Two Wheeler Loan in Other Cities