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Syndicate Bank Two Wheeler Loan

Two Wheeler Loan

Two wheeler loan is a loan that gives customer a privilege to borrow a money to buy a Two wheeler. In a Two wheeler loan, customer can  borrow money from the bank or non-banking financial company at some rate of interest for a given period of time. Two wheeler comes undrer secured loans if you won’t return your loan the bank will bound a vehicle. Two wheeler loan is one of the affordable financial product provided by the banks. This loan was provided in the segment of the low-interest rate which makes it possible in the reach of every citizen of a country like India, which is basically a big home for middle-class families and they mostly run on two wheelers for their various purposes like at work, enjoyment, enjoyment purposes etc.

 

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.

Full Transparency: Our Two-Wheeler loan is fully transparent.

 

Syndicate Bank

A bike is the most comfortable way of traveling, if customer want to reach a place soon enough and beat the traffic. There are a large number of masses in the country who do not have enough funds to buy a bike. So, the best way to deal with this problem is availing a Syndicate Bank Two Wheeler Loan. Syndicate Bank is one of the earliest and major commercial banks of India. At establishment, the bank was referred to as Canara Industrial and Banking Syndicate Limited. Two wheeler loan is the best way to fulfill the desire of an individual who needs a vehicle. One has to go through the 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 starts at 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.