{"id":1462,"date":"2020-07-31T09:54:30","date_gmt":"2020-07-31T09:54:30","guid":{"rendered":"http:\/\/magicloans.in\/?p=1462"},"modified":"2020-07-31T09:54:30","modified_gmt":"2020-07-31T09:54:30","slug":"two-wheeler-loan-for-honda-activa","status":"publish","type":"post","link":"https:\/\/magicloans.in\/two-wheeler-loan-for-honda-activa\/","title":{"rendered":"Two Wheeler Loan for Honda Activa"},"content":{"rendered":"\n

Honda Activa<\/strong><\/p>\n

Honda motor company is a Japanese multinational company, the company was founded in 1948. The model of the scooter was produced in 2001. The scooter has an engine of 125cc. This product is available for anyone who has the desire of purchasing it under two wheeler loan.\u00a0Honda launched the new version with a 109cc engine in 2009 too. The model is appreciated by the customers because of its unbelievable features and more efficiency.<\/p>\n

 <\/p>\n

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

In a Two wheeler loan, we borrow money from the bank or non-banking financial organization at some rate of interest for a period of time. Under this loan, the bank provides you loan to buy a scooter, bikes, and other Two wheelers. Bank can finance your Two wheeler up to 90% of the ex-showroom value. You have to pay some rates of interest to the bank also.<\/div>\n
<\/div>\n
\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

 <\/p>\n<\/div>\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

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

\n

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
\n

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

2 to 6 Colored passport size photograph<\/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

\n

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

\n

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