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Two Wheeler Loan for Hero Glamour

Hero Glamour

The Hero Glamour has been earning the company a great popularity and decent sales numbers since its inception. The Hero Glamour features a sporty styling with a sharply chiseled body, robust tank shrouds, and aerodynamic sidelines. The front fascia of the commuter is complemented with its stylish headlamps that now come updated with Auto Headlamp On feature. Hero has made several changes to this product and has attracted a large number of audience.

 

Two Wheeler Loan

Two wheelers are the way of life in India. By providing mobility at a reasonable price, the two wheelers has relieved the Indian middle class from drowning and hectic public transportation. For most of them, a scooter or motorbike is a symbol of convenience. In the recent past, this field has shown a downward trend, thanks to forever increase in inflation and equally rise in the interest rates on Two wheeler loans. To avail, the two wheeler loan one should meet the basic requirements which include eligibility criteria and documentation process.

 

Features of Two Wheeler Loan

The customer can avail a loan of up to INR 10 Lacs.

Customer  loan will be authorized on Road Price i.e., Cost of Two wheeler +  Fees of registration +  Insurance + Tax)

Other extra expenses for fancy numbers cannot be funded by the bank.

The loan can be sum up to INR 20 lakhs  (Minimum 10 percent)

Two wheeler loans are given by Central Bank of India with floating fixed interest rates.

You can get two-wheeler loan all over India.

There would be no check on your CIBIL score.

 

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