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Two Wheeler Loan in Aurangabad

Aurangabad

Aurangabad is the city lies in the Maharashtra state which lies in the sub-tropical region of India. It is famous for Bibi ka Maqbara shrine which is styled as Taj Mahal. According to 2011 census, the state holds the population of 11.8 lakhs citizen. Aurangabad lies in the state of Bihar as well. The people of this statement speaks two languages mainly Magahi and Hindi. It rests in the alluvial plain on the Adri river. Aurangabad has an agrarian economy.

 

Two Wheeler Loan

Two-wheeler loan is one of the affordable financial product provided by the banks. This 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

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.