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Punjab National Bank Two Wheeler Loan

Two Wheeler Loan

In the increasingly global economy, there is a rise in two wheeelers which is a medium of conveyance . Sometimes the individual has a shortage of funds to meet this requirement, so there is no need to worry about. Customer can have a two wheeler loan,  Punjab National Bank provides two-wheeler loan to the customers. Customer can buy any two-wheeler according to your comforts and pay the EMI’s. This is easiest and most convenient way to buy a two-wheeler. Following are the features and the benefits of two wheeler loans.

 

Features of Two Wheeler Loan

You can pay your loan amounts in EMI’s.

Very less documentation process.

The process of application is hassle-free.

You can return the loan within1 to 3 years.

You can get two-wheeler loan all over India.

There would be no check on your CIBIL score.

 

Punjab National Bank

Punjab National Bank (PNB) was founded in 1895 as a private banking company. It is the third largest banking and financial services in India in terms of asset size and is currently the second largest state-owned commercial bank in India following Bank of Baroda with about 5000 branches across 764 cities. Punjab National Bank serves over 37 million customers. To fulfill the needs of customers to avail a two wheeler, PNB is providing two wheeler loan at affordable rates. To avail, the loan one must meet the eligibility criteria 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

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.