{"id":1417,"date":"2020-07-31T09:54:28","date_gmt":"2020-07-31T09:54:28","guid":{"rendered":"http:\/\/magicloans.in\/?p=1417"},"modified":"2020-07-31T09:54:28","modified_gmt":"2020-07-31T09:54:28","slug":"bank-of-baroda-two-wheeler-loan","status":"publish","type":"post","link":"https:\/\/magicloans.in\/bank-of-baroda-two-wheeler-loan\/","title":{"rendered":"Bank of Baroda Two Wheeler Loan"},"content":{"rendered":"\n

Two Wheeler Loan<\/strong><\/p>\n

Two wheeler\u00a0loan is the most convenient in its disbursal and throughout its process as well. Due to the rise in the automobile industry, two wheelers\u00a0are becoming the basic need\u00a0of every individual than just a desire. Apparently,\u00a0 two wheelers are used in day to day life. Two wheeler comes in different segments\u00a0of the market. Youth are more influenced towards two wheelers\u00a0due to their features, affordability, and price.\u00a0 Due to this, banks have come up with the two wheeler\u00a0loans for their customers at affordable prices with basic interest rates. Two wheeler\u00a0loan has its own unique features and benefits which are discussed further in details.<\/p>\n

 <\/p>\n

Features of Two Wheeler Loans:<\/strong><\/p>\n

Funding:\u00a0<\/strong>Many banks have made the funding of up to 90% to 95% depending on an individuals case.<\/p>\n

Credit Score:\u00a0<\/strong>To avail the two wheeler loan, the customer should have a civil score of at least 700 and above.<\/p>\n

No prepayment charges:<\/strong>\u00a0Banks do not charge any prepayment charges if you are able to pay up your loan amount before the termination of tenure.<\/p>\n

Hassle Free process:<\/strong>\u00a0Paper free and easy online application process<\/p>\n

Repayment:<\/strong>Flexible repayment options<\/p>\n

Easy documentation:<\/strong>\u00a0Easy & Simple documentation<\/p>\n

 <\/p>\n

Bank\u00a0of Baroda<\/strong><\/p>\n

Bank of Baroda is the state owned\u00a0bank. Its headquarter is situated at Vadodara\u00a0in Gujarat. It was founded on 20 July 1998. It is state-owned\u00a0international banking and financial\u00a0services. It has its corporate office in Mumbai. Bank of Baroda provides its customers with various benefits by providing their best financial services to them. Loans including two wheelers\u00a0loan are the best loan provide by the bank of Baroda\u00a0for their customers. To meet the need of every individual who has a desire of two wheeler, the bank provides them two wheeler loans which are the best way for any individual to purchase a new vehicle without shelling all the money at once. To meet the needs of the loan,\u00a0there is an eligibility criterion and documentation required which has given below.<\/p>\n

 <\/p>\n

Eligibility Criteria<\/strong><\/p>\n\n\n\n\n\n\n
\n

Age<\/strong><\/p>\n<\/td>\n

\n

Min. age -21 years<\/p>\n

Max. age-65 years<\/p>\n<\/td>\n<\/tr>\n

\n

Employment Status<\/strong><\/p>\n<\/td>\n

\n

Salaried individual \/ self-employed<\/p>\n<\/td>\n<\/tr>\n

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Employment Tenure<\/strong><\/p>\n<\/td>\n

\n

1 year of salaried individual and 6 months for self-employed<\/p>\n<\/td>\n<\/tr>\n

\n

Minimum Annual Income<\/strong><\/p>\n<\/td>\n

\n

Rs.84,000\/- ( salaried individual)<\/p>\n

Rs.72000\/- (self-employed)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/strong><\/p>\n

Documentation Required <\/strong><\/p>\n\n\n\n\n\n\n
\n

Photo ID proof<\/strong><\/p>\n<\/td>\n

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Colored passport size photograph<\/p>\n<\/td>\n<\/tr>\n

\n

Identity proof<\/strong><\/p>\n<\/td>\n

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Passport\/Voter ID\/Driving license\/Adhaar card\/Pan card<\/p>\n<\/td>\n<\/tr>\n

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Residence proof<\/strong><\/p>\n<\/td>\n

\n

Electricity bills\/passport\/voter id\/driving license\/telephone bills\/pan card<\/p>\n<\/td>\n<\/tr>\n

\n

Bank Statement<\/strong><\/p>\n<\/td>\n

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Last six months<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/strong><\/p>\n

Interest Rates<\/strong><\/p>\n

Two Wheeler interest rates generally range from 11.50% to 18.25%.<\/p>\n

 <\/p>\n

How to Apply?<\/strong><\/p>\n

To apply for the two-wheeler loan, visit to the link given below<\/p>\n

www.magicloans.in<\/a><\/p>\n

After visiting on the given link above fill the application form online.<\/p>\n

Enter your credentials carefully<\/p>\n

Your contact number is required so that an executive can call you in no time<\/p>\n

All the queries can be handled by customer care<\/p>\n

You will get the disbursal on the same day if processing is done smoothly.<\/p>\n","protected":false},"excerpt":{"rendered":"

Two Wheeler Loan Two wheeler\u00a0loan is the most convenient in its disbursal and throughout its process as well. Due to the rise in the automobile industry, two wheelers\u00a0are becoming the basic need\u00a0of every individual than just a desire. Apparently,\u00a0 two wheelers are used in day to day life. Two wheeler comes in different segments\u00a0of the… Read More »Bank of Baroda Two Wheeler Loan<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts\/1417"}],"collection":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/comments?post=1417"}],"version-history":[{"count":0,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts\/1417\/revisions"}],"wp:attachment":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/media?parent=1417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/categories?post=1417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/tags?post=1417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}