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Two Wheeler Loan in Alwar

Alwar

Alwar is a city in Rajasthan, India. It is a tourist place because of its Forts, Heritage Havelis, Lakes etc. The population of Alwar is around 3.15 lakhs. Today’s bikes are more popular among the youth. Banks are ready to introduce about Two-day Wheeler loan.

 

Two Wheeler Loan

Two wheeler loans come up with the lowest interest rates provided by the banks. In the following, a customer can find the eligibility and documentation criteria in order to meet the requirements of two wheeler loan as well as the features of two wheeler loans.

 

Features of Two Wheeler Loan

Two wheeler loan is easily accessible.

After that two wheeler loan is available everywhere.

Two wheeler loan comes under secured loans.

Besides that, there is no collateral is needed in a two wheeler loan.

There is no need of any guarantor in case of a two wheeler loan.

Furthermore, if you are meeting all the requirements of the two wheeler loan then there is no need for any co-applicant.

 

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.