{"id":1432,"date":"2020-07-31T09:54:28","date_gmt":"2020-07-31T09:54:28","guid":{"rendered":"http:\/\/magicloans.in\/?p=1432"},"modified":"2020-07-31T09:54:28","modified_gmt":"2020-07-31T09:54:28","slug":"allahabad-bank-two-wheeler-loan","status":"publish","type":"post","link":"https:\/\/magicloans.in\/allahabad-bank-two-wheeler-loan\/","title":{"rendered":"Allahabad Bank Two Wheeler Loan"},"content":{"rendered":"\n

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

Two wheeler\u00a0loan 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, enjoyment purposes etc. Considering 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<\/strong>\u00a0Two Wheeler Loan<\/strong><\/p>\n

Flexible repayment options<\/p>\n

High loan quantum<\/p>\n

Do not over-borrow<\/p>\n

Other costs covered<\/p>\n

Quick processing<\/p>\n

Margin of finance<\/p>\n

Loan partnership with dealers<\/p>\n

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

Allahabad Bank is one of the prestigious and oldest running banks in India. It is the oldest joint stock in India. It is founded on 24th April 1865, situated in Allahabad.\u00a0 Allahabad Bank came into existence at a crucial juncture when the banking sector was taking shape in India. One of the most important banks by people, Allahabad Bank has a large network in the country.<\/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

 <\/p>\n

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 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