{"id":1439,"date":"2020-07-31T09:54:29","date_gmt":"2020-07-31T09:54:29","guid":{"rendered":"http:\/\/magicloans.in\/?p=1439"},"modified":"2020-07-31T09:54:29","modified_gmt":"2020-07-31T09:54:29","slug":"dhanlaxmi-bank-two-wheeler-loan","status":"publish","type":"post","link":"https:\/\/magicloans.in\/dhanlaxmi-bank-two-wheeler-loan\/","title":{"rendered":"Dhanlaxmi Bank Two Wheeler Loan"},"content":{"rendered":"\n

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

The bike and two-wheeler manufacturing industry in the country has seen drastic development in the last ten years and it continues to escalate. Two wheelers in India comprehend a predominant part of the country. Though it is a convenient and preferred means of transport, it is still not reachable for the majority of the middle-class families to buy one by paying its whole price in one time.<\/p>\n

 <\/p>\n

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

The customer can avail a loan of up to INR 10 Lacs.<\/p>\n

Customer\u00a0 loan will be authorized on Road Price i.e., Cost of Two wheeler +\u00a0 Fees of registration +\u00a0 Insurance + Tax)<\/p>\n

Other extra expenses for fancy numbers cannot be funded by the bank.<\/p>\n

The loan can be sum up to INR 20 lakhs\u00a0 (Minimum 10 percent)<\/p>\n

Two wheeler loans are given by Central Bank of India with floating fixed interest rates.<\/p>\n

2 Wheeler’s basic Rate with 0.40 percent<\/p>\n

 <\/p>\n

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

Nowadays having a two wheeler is the basic requirement of every person. Unfortunately, it oftenly happens that customer\u00a0don\u2019t have enough money to buy a two-wheeler. In this case, there is no need to worry about. You can still buy a two-wheeler. There are so many banking and non-banking financial organizations that provide a two-wheeler loan; Dhanlaxmi bank is one of them. To avail, a two wheeler loan one must go through the eligibility criteria and documentation process.<\/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

\n

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

\n

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

\n

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

\n

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

\n

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

\n

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 The bike and two-wheeler manufacturing industry in the country has seen drastic development in the last ten years and it continues to escalate. Two wheelers in India comprehend a predominant part of the country. Though it is a convenient and preferred means of transport, it is still not reachable for the majority… Read More »Dhanlaxmi Bank 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\/1439"}],"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=1439"}],"version-history":[{"count":0,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts\/1439\/revisions"}],"wp:attachment":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/media?parent=1439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/categories?post=1439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/tags?post=1439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}