Best Banks for Two Wheeler Loan in Vadodara
Two Wheeler Loan Vadodara Features
Considering buying another vehicle? Yet, don’t have the necessary assets for it? Try not to stress! A vehicle credit is here for you. A vehicle advance is a method for subsidizing or money related assistance gave by banks and NBFCs to the candidates at a reasonable pace important to help them in purchasing a vehicle, regardless of whether new or utilized.
Since vehicles have become a need for everybody, except the expense of vehicles is becoming quickly day by day. This is the place a vehicle credit becomes an integral factor and satisfies your longing to be the proprietor of your fantasy vehicle. The fundamental highlights of a vehicle credit in Vadodara are:
- Vehicle credits are accessible at low loan costs
- Practically all significant banks and NBFCs offer vehicle credits in Vadodara
- The documentation cycle is brisk and bothers free
- Vehicle advances are effectively accessible through Dialabank
Two Wheeler Loan Vadodara Interest Rate
Two Wheeler Loan Vadodara 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.
Two Wheeler Loan Vadodara Eligibility Criteria
For Salaried:-
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: 1 year in current employment and a minimum of 2 years of employment
- Minimum Annual Income: Rs 1,00,000 net annual income
For Self-Employed:-
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: at smallest 3 years in sales
- 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
Two Wheeler Loan for Top Selling Bikes in Vadodara
Processing Fees / Prepayment Charges on Two Wheeler Loan Vadodara
The processing fee charges on a two-wheeler loan in Vadodara 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 Vadodara Contact Number
In case of any queries regarding the car loan in Vadodara, you may contact the number 9878981166 for any sort of assistance.
Pre Calculated EMI Table for Two Wheeler Loan Vadodara
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
About Vadodara
Vadodara, some time ago otherwise called Baroda is the third biggest city in the Indian territory of Gujarat. It is the regulatory central command of the Vadodara District and is situated on the banks of the Vishwamitri waterway, 141 kilometres from the state capital Gandhinagar.
Two Wheeler Loan EMI Calculator Vadodara