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Two Wheeler Loan for RE Classic 350

 Royal Enfield Classic 350

Royal Enfield is a public listed company.Royal Enfield was a brand name under which The Enfield Cycle Company limited, sold motorcycles, bicycles lawnmowers and stationary engines made by them. The first Royal Enfield motorcycle was built by a company in 1901. Royal Enfield heritage design pays tribute to the Indian Armed forces. The bike is available in two colors called Airborne Blue and Stormrider Sand.

 

Two Wheeler Loan

Two-Wheeler Loan helps you to get your own Royal bike. The cost of your bullet can be repaid through EMIs. We are having a scheme that offers monetary support to people and helps them to get their own bike and scooters and Bullets. Two wheeler loans make it possible for any individual who wants to purchase a new vehicle. There are numerous benefits of two wheeler loans which have discussed further.

 

Feature & Benefits

Two-wheeler loans will pay for up to 90% margin of finance. The customer can make down payment of only 10% of their loan.

Most of the banks do not charge any prepayment charges if you are able to pay up your loaned amount before your tenure ends. This is often suitable for some because it helps to clear off your debts faster if you can.

Two Wheeler Loans cover the cost of accessories, insurance, and even registration. This means that customer is getting finance for not only on the vehicle but essential expenses on the same.

Loan tenure ranges from 12 to 48 months.

Two wheeler loans are a great idea to open the file for the credit 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