{"id":1421,"date":"2020-07-31T09:54:28","date_gmt":"2020-07-31T09:54:28","guid":{"rendered":"http:\/\/magicloans.in\/?p=1421"},"modified":"2020-07-31T09:54:28","modified_gmt":"2020-07-31T09:54:28","slug":"bank-of-india-two-wheeler-loan","status":"publish","type":"post","link":"https:\/\/magicloans.in\/bank-of-india-two-wheeler-loan\/","title":{"rendered":"Bank of India Two Wheeler Loan"},"content":{"rendered":"\n
Two Wheeler Loan<\/strong><\/p>\n The two wheeler loan is a kind of secured loan where a customer can borrow the money from the bank at good rate of interest for a given period of time to buy a Two wheeler. In this loan,\u00a0 customer\u00a0has to pledge the Two wheeler that you are buying to the bank.\u00a0 If\u00a0the customer does\u00a0not repay the loan, the bank will bound your Two wheeler. Since this loan is a secured loan so rates of interest are quite low as compared to other loan or you may say less than the unsecured loans.<\/p>\n <\/p>\n Features of Two Wheeler Loan<\/strong><\/p>\n Customer\u00a0can easily buy a Two wheeler at low rates of interest.<\/p>\n The documentation process in a Two wheeler loan is very less as compared to other loans.<\/p>\n There is no need to show the credit history.<\/p>\n Customer will get a Two wheeler loan even if your CIBIL score is not good.<\/p>\n Besides that, the loan will get approved very quickly.<\/p>\n The salary requirement for a Two wheeler loan is not very high.<\/p>\n Furthermore, the customer can apply for a Two wheeler loan after the age of 21 years.<\/p>\n The Two wheeler loan is available in every city in India.<\/p>\n <\/p>\n Bank of India<\/strong><\/p>\n Eligibility Criteria<\/strong><\/p>\n