{"id":1460,"date":"2020-07-31T09:54:30","date_gmt":"2020-07-31T09:54:30","guid":{"rendered":"http:\/\/magicloans.in\/?p=1460"},"modified":"2020-07-31T09:54:30","modified_gmt":"2020-07-31T09:54:30","slug":"two-wheeler-loan-for-hero-splendor","status":"publish","type":"post","link":"https:\/\/magicloans.in\/two-wheeler-loan-for-hero-splendor\/","title":{"rendered":"Two Wheeler Loan for Hero Splendor"},"content":{"rendered":"\n

Hero Splendor<\/strong><\/p>\n

Hero splendor is a Motorcycle manufactured by Hero Honda India. Hero Splendor has an electronic ignition and a tubular double cradle type frame. Hero \u00a0Splendor models were selling at a rate of one million per year. Hero splendor is more powerful and more stylish, with great millage and displacements.<\/p>\n

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

Two wheeler\u00a0is the need of every individual nowadays.\u00a0This loan 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. There are numerous benefits of two wheeler loan which has discussed below.<\/p>\n

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Features of Two 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

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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 ranges from 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