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Two Wheeler Loan for Honda Activa 125

Honda Activa 125

When there was a decline in the trend of scooters in the Indian market Honda has come up with its great product which brings the inflation in the scooter market. Honda Activa has made the huge impact in the increase of the manufacturers of scooters in the Indian market which raises the two wheeler industry to the next level. Honda Activa was introduced to the market in 2000. With the rise In the technology, Honda has improvised their vehicle with 4g technology.

Two Wheeler Loan

Two wheeler 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 etc.

 

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.

Other costs covered

Quick processing

Margin of finance

Loan partnership with dealers.

 

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.