Skip to content

Two Wheeler Loan for TVS Apache

TVS Apache

TVS has launched its brand apache in bikes which was launched in and 160cc apache was the first bike from this series. The ‘RTR’ stands for racing throttle response and it was designed with the racing approach. It is the first bike in India to launch with a feature of petal disc brake. TVS Apache is available under two wheeler loan so that any individual can afford a bike.

 

Two Wheeler Loan

Two Wheeler Loan is basically an aid provided to a person to buy a to wheeler especially. The rates of interest on a two wheeler loan are quite affordable. Even a common person can apply for a two wheeler loan. You can buy a bike, scooter or even a super premium bike using a two wheeler loan. A two-wheeler loan is a kind of loan that is provided to the customers who want to purchase the two-wheeler but have a shortage of the funds. Following are the features of two wheeler loans.

 

Features Of Two Wheeler Loans

High loan quantum

Do not over-borrow

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