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Dena Bank Two Wheeler Loan

Two Wheeler Loan

Automobile industry is rising at high pace and the prices of the vehicle are increasing day by day. It is very difficult for a common man to buy a bike. Two Wheeler Loan is a scheme which provides bike loans to people for purchasing a bike. It is a deal that helps people to fulfill their dream of buying a bike or a scooter. If you have been dreaming about a bike, but do not have enough funds for buying it, then availing a Two Wheeler Loan is the best deal for you. It is a scheme that offers monetary support to people and helps them by purchasing a bike and scooters. Two wheeler loans help you to buy a new bike or scooter according to your requirements. Two-wheeler loans can help you to purchase your dream bike. What are you waiting for? Two-wheeler Loan is a perfect solution to fulfill your requirements.

 

Features of Two Wheeler Loan

Minimal Documentation requirements

Attractive interest rates

Offered to all class of people including self-employed, salaried customers and agriculturists

Flexible repayment options

High loan quantum

Do not over-borrow

Other costs covered

Quick processing

Margin of finance

Loan partnership with dealers

 

Dena Bank

Dena Bank is one of the oldest banks in India, headquartered in Mumbai. It was established on 26 May 1938, by the family of Devkaran Nanjee under the name Devkaran Nanjee Banking Company Ltd. Dena bank is one of the nationalised banks of India. It develop into a Public Limited Company in December 1939, and later the name was changed to Dena Bank Ltd. It has a network of over 1400 branches. Dena bank is providing loan to every individual who has the desire of buying a new vehicle. To meet the need one has to go through eligibility and documentation process.

Eligibility Criteria

Age

Min. age -21 years

Max. age-65 years

Employment Status

Salaried individual / self-employed

Employment Tenure

1 year of salaried individual and 6 months for self-employed

Min Annual Income

Rs.84,000/- ( salaried individual)

Rs.72,000/- (self-employed)

 

Documentation Required

Photo ID proof

2 to 6 Colored passport size photograph

Identity proof

Passport/Voter ID/Driving license/Adhaar card/Pan card

Residence proof

Electricity bills/passport/voter id/driving license/Telephone bills/Pan card

Bank Statement

Last six months

Residence Proof

Electricity bills/rental agreement/property/driving license/ration card

 

Rate of Interest

The interest rates provided by the banks are very reasonable and it ranges from 12.50 %.

 

How to apply for two wheeler loan?

To apply for the two wheeler loan click on the given link below:

www.magicloans.in

  • After visiting on the given link above fill the application form online.
  • Enter credentials diligently.
  • Your contact number is required so that an executive can call you in no time.
  • All the queries can be handled by customer care executive online as well as on telecommunication.
  • You will get the disbursal on the same day if processing is done smoothly.