{"id":1422,"date":"2020-07-31T09:54:28","date_gmt":"2020-07-31T09:54:28","guid":{"rendered":"http:\/\/magicloans.in\/?p=1422"},"modified":"2020-07-31T09:54:28","modified_gmt":"2020-07-31T09:54:28","slug":"corporation-bank-two-wheeler-loan","status":"publish","type":"post","link":"https:\/\/magicloans.in\/corporation-bank-two-wheeler-loan\/","title":{"rendered":"Corporation Bank Two Wheeler Loan"},"content":{"rendered":"\n

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

Nowadays having a medium of conveyance is a basic need. Sometimes the customer has a shortage of funds to meet this requirement, so there is no need to worry about. The customer can apply\u00a0for a two wheeler loan, provides two-wheeler loan to the customers. The customer can buy any two-wheeler according to your comforts and pay the EMI\u2019s. This is the easiest and most convenient way to buy a two-wheeler. 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

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

The loan is available easily online.<\/p>\n

The customer can buy any two-wheeler with the help of a two-wheeler loan.<\/p>\n

The loan is quickly approved and easily disbursed.<\/p>\n

The rates of interest are quite low.<\/p>\n

The customer can pay loan amounts in EMI\u2019s.<\/p>\n

It requires very less documentation process.<\/p>\n

The process of application is hassle-free.<\/p>\n

The customer can return the loan within1 to 3 years.<\/p>\n

The customer can get two-wheeler loan all over India.<\/p>\n

There would be no check on your CIBIL score\/Credit score.<\/p>\n

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Corporation Bank<\/strong><\/p>\n

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Corporation Bank is a banking company. It was founded in the Temple Town of Udupi, by a small group of philanthropists in 12th March, 1906. Its headquarter is in Mangalore, India. Bank has 6,677 functional units comprising 1707 branches, 1425 ATMs, & 3545 branchless banking units present all over the country.\u00a0\u00a0Corporation Bank Two Wheeler Loan is the finance option, that enables an individual to buy a bike when the person does not have the cash to pay for vehicle. Corporation is a scheme that helps people in converting their dream of buying a vehicle into reality. Any person who wants to buy a vehicle, but do not have funds, can avail this loan.<\/p>\n

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

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

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

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

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

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

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

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

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

Rs.72,000\/- (self-employed)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

2 to 6 Colored passport size photograph<\/td>\n<\/tr>\n
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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

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

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

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

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

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Electricity bills\/rental agreement\/property\/driving license\/ration card<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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Rate of Interest<\/strong><\/p>\n

The interest rates provided by the banks are very reasonable and it starts at 12.50 %.<\/p>\n

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How to apply for two wheeler loan?<\/strong><\/p>\n

To apply for the two wheeler loan click on the given link below:<\/p>\n

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