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You are here  »  Loans » Two Wheeler Loan
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Two-wheeler loan :

“Two-wheeler” is the vehicle of the common man. As service to the common man, two wheeler loan is granted by the Bank. The Bank grants the loan as Consumer Durable loan.

Purpose

Purchase of a two-wheeler.

Loan amount :  100%*

Margin

Nil

Period of loan

On demand / 60 months

Rate Of Interest

Please Contact Your Nearest Branch

Security

Hypothecation of the vehicle to be purchased.

Guarantee

1.    Spouse / Parent if earning then external surety is not required

OR

2.    If Spouse / Parent is not earning then sureties as follows :

1) Spouse / Parent,

2) One external surety

 *Conditions Apply

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