Best Banks for Two Wheeler Loan in Mysore
Two Wheeler Loan Mysore Features
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 individuals at a reasonable rate of interest.
A Two-Wheeler Loan Mysore helps you in buying a bike or scooter with your choice. Two Wheeler Loan in Mysore 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 Mysore 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
- Fulfil your desire for buying a new two-wheeler
- Two Wheeler Loans are easily available through Dialabank
Two Wheeler Loan Mysore Interest Rates
Two Wheeler Loan Mysore 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 Mysore 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: at smallest 3 years in sales
- Minimum Monthly Income: Rs. 6,000
Two Wheeler Loan for Top Selling Bikes in Mysore
Processing Fees / Prepayment Charges on Two Wheeler Loan in Mysore
The processing fee is the fee taken by the bank for the processing of a two-wheeler loan. This varies from bank to bank. It depends on the loan amount. The processing fee charges for a two-wheeler loan in Mysore 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 lowering your interest burden. Prepayment charges vary from 3% to 10% of the outstanding principal for getting a two-wheeler loan from Mysore.
Two Wheeler Loan Mysore Contact Number
Dialabank is the most trustworthy agent who will serve you in the entire processing of a 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 this number for any queries about the two-wheeler loan in Mysore – 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 Mysore
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 Mysore
About Mysore
Mysore is a city located in southwestern Karnataka state, India. It is also known as Mysuru. It was the capital of the Kingdom of Mysore from 1399 to 1947. It occupies an area of 155.7 square kilometres. It is located in the foothills of Chamundi hills about 145.2 km towards the southwest of Bangalore. According to the 2011 census, it had a population of 920,550. It is the third most populous city in Karnataka.
