Oriental Bank of Commerce Two Wheeler Loan

Two Wheeler Loan

Nowadays, the prices of bikes/two wheelers are on rising. It is very difficult for a common man to buy a bike/two wheeler. Two Wheeler Loan is a scheme which provides bike loans to people for purchasing a bike. It is a great deal that helps people to fulfill their dream of buying a bike or a scooter. If the customer has been dreaming about a vehicle, but do not have enough funds for buying it, then availing a Two Wheeler Loan is the best deal for a customer.

 

Features of Two Wheeler Loan

Flexible Repayment Tenure: Decide your loan tenure to be just 12 months, or 48 months, with our pocket-friendly EMI repayment options.

Fulfill Your Every Need: Get up to 100% finance and repay the money at attractive interest rates.

Online Application: Enjoy doorstep service and skip the queues when you log a request online.

Competitive Rates: Bank offers a 2% lower rate of interest.

Easy Repayment Schemes: Easily calculate your EMI.

Quick Loans: Check your loan eligibility, get quick approvals.

 

Oriental Bank of Commerce

Oriental Bank is a private-sector bank in India. The bank was established in 1943. The bank provides so many financial products to the customers like loans, insurance, banking and wealth management. The bank has been ranked on 19th number among the 20 national banks. The bank has a good reputation among the customers. Two wheeler loan is the best aid to those people who have a desire of purchasing a new vehicle, Oriental bank of commerce provides this facility to those individuals. To avail, the loan one has to go through the eligibility criteria and the 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

Minimum Annual Income

Rs.84,000/- ( salaried individual)

Rs.72000/- (self-employed)

 

Documentation Required

Photo ID proof

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

 

Interest Rates

Two Wheeler interest rates generally range from 11.50% to 18.25%.

 

How to Apply?

To apply for the two-wheeler loan, visit the link given below

www.magicloans.in

After visiting on the given link above fill the application form online.

Enter your credentials carefully

Your contact number is required so that an executive can call you in no time

All the queries can be handled by customer care

You will get the disbursal on the same day if processing is done smoothly.