Two Wheeler Loan Palakkad

Best Banks for Two Wheeler Loan in Palakkad

Two Wheeler Loan Palakkad Features

Thinking about purchasing another vehicle? In any case, don’t have certified resources for it? Set forth an endeavor not to push! A Two-Wheeler Loan is here for you. A vehicle advance is a strategy for supporting or cash related help given by banks and NBFCs to the up-and-comers at a sensible pace manager to help them in buying a vehicle, whether or not new or used.

Since vehicles have gotten critical for everyone, other than the cost of vehicles is winding up being in a brief moment wandered by step. This is the clear vehicle credit changes into a key factor and fulfills your yearning to be the owner of your dream vehicle. The massive features of a vehicle credit in Palakkad are:

Vehicle credits are open at low-advance expenses

Essentially all open banks and NBFCs offer vehicle credits in Palakkad

The documentation cycle is impacting and upsets free

Vehicle drives are practically open through DialaBank

Two Wheeler Loan Palakkad Interest Rate

Know more about Two Wheeler Loan Interest Rates.

Two Wheeler Loan Palakkad Documents Required

For Salaried:-

• Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
• Compulsory Document: Pan Card
• 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
• Required Document: PAN Card
• Address Proof: Voters card / Passport Copy / Ration card / Telephone Bill / Driving license / Electricity Bill / Life Insurance Policy /PAN Card
• Bank Statement: Last 6 months.

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Two Wheeler Loan Palakkad Eligibility Criteria

For Salaried:-

1. Minimum age: 21 years
2. Maximum age at loan maturity: 65 years
3. Minimum employment: 1 year in current employment and a minimum of 2 years of employment
4. Minimum Annual Income: Rs 1,00,000 net annual income

For Self-Employed:-

1. Minimum age: 21 years
2. Maximum age at loan maturity: 65 years
3. Minimum employment: at smallest 3 years in sales
4. 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

Know more about Two Wheeler Loan eligibility criteria.

Two Wheeler Loan for Top Selling Bikes in Palakkad

Processing Fees / Prepayment Charges on Two Wheeler Loan Palakkad

The processing fee charges on a two-wheeler loan in Palakkad are Up to 3% of the loan amount (maximum). 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 Palakkad Contact Number

If there arise any occurrence of any requests concerning the vehicle credit in Palakkad, you may contact the number 9878981166 for such help.

Pre Calculated EMI Table for Two Wheeler Loan Palakkad

About Palakkad 

Palakkad, or Palghat, is a city in Kerala, a state in southwestern India. The eighteenth-century Palakkad Fort has durable parapets, a canal, and a Hanuman sanctuary on its grounds. North, on the Kalpathy River, the fifteenth-century Viswanatha Swamy Temple is the principal scene of the celebrated Ratholsavam chariot celebration. Upper East, close Malampuzha Dam, the town of Malampuzha has a stone nursery made from reused materials.

Two Wheeler Loan EMI Calculator Palakkad