{"id":1431,"date":"2020-07-31T09:54:28","date_gmt":"2020-07-31T09:54:28","guid":{"rendered":"http:\/\/magicloans.in\/?p=1431"},"modified":"2020-07-31T09:54:28","modified_gmt":"2020-07-31T09:54:28","slug":"canara-bank-two-wheeler-loan","status":"publish","type":"post","link":"https:\/\/magicloans.in\/canara-bank-two-wheeler-loan\/","title":{"rendered":"Canara Bank Two Wheeler Loan"},"content":{"rendered":"\n

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

For the different individual,\u00a0 two-wheeler serves for different purposes. For some, it is fulfilling a dream, while for others it represents a mode of transportation that can take them efficiently from one place to another.\u00a0Considering this, the banks have come up with the idea of providing two wheeler loan to every individual so that customer has not to shell a lot of money in a once from their pocket.<\/p>\n

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

Flexible Repayment Tenure<\/strong>: Decide your loan tenure to be just 12 months, or 48 months, with our pocket-friendly EMI repayment options.<\/p>\n

Online Application<\/strong>: Enjoy doorstep service and skip the queues when you log a request online.<\/p>\n

Easy Repayment Schemes:<\/strong>\u00a0Easily calculate your EMI.<\/p>\n

Quick Loans<\/strong>: Check your loan eligibility, get quick approvals.<\/p>\n

Rates:<\/strong> Customer\u00a0can easily buy a Two wheeler at low rates of interest.<\/p>\n

Process<\/strong>: The documentation process in a Two wheeler loan is very less as compared to other loans.<\/p>\n

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

Canara Bank provides a personal loan to PSUs, corporate employees, government departments, institutions, self-employed persons, etc. Canara Bank is one of the oldest banks in the country and was established in July 1906 in Mangalore. It has products like personal loans, vehicle loans, home loans, education loans and loan against property. Two wheeler\u00a0loan is the easily accessible loan for anyone who has the desire of purchasing a vehicle.<\/p>\n

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

 <\/p>\n

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

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

 <\/p>\n

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