SUPER BIKE LOAN

Enjoy speeding away in your super two wheeler by opting for our Superbike Loan. Our competitive rates will let you hit the road with peace of mind.

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Eligibility

FOR SALARIED INDIVIDUALS

  • Salaried Individual having at least one year of confirmed service preferably employed with reputed companies such as Private Ltd. Companies, partnership LLP, Government Semi-government organization or MNC’s or with any reputed organization.

IN CASE OF BUSINESS / SELF-EMPLOYED

  • Self-Employed / Individual engaged in Business earning profits for the last three years
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Repayment Period

Maximum up to 48 months if loan amount is below Rs. 1.00 Lakh

Maximum up to 60 months for loan above Rs. 1.00 Lakh

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Security

  • Hypothecation of New Two Wheeler being purchased
  • Bank's clause to be registered on the Vehicles RC Book and Insurance Policy
  • One Surety
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Rate of Interest

  • For Loans up to Rs. 1.00 Lakh
    10.50% p.a.
  • For Loans above Rs. 1.00 Lakh
    10.00% p.a.
  • For Corporate Salary account holders
    9.50% p.a.

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Documents Required

  • PROOF OF IDENTTIY
    Aadhar Card/Driving license/ Passport/ PAN card/Election card/Job card issued by Govt. agencies
  • PROOF OF RESIDENCE
    Aadhar Card/Driving license/ Passport/ Election card/Job card issued by Govt. agencies
  • PROOF OF INCOME - SALARIED INDIVIDUAL
    Form 16A, Latest Salary Slip for 3 months, Salary bank account statement of last 1 year
  • PROOF OF INCOME - BUSINESS
    Last 3 years Balance Sheets/Income Tax Returns and Salary/Business bank account statement of last 1 year
  • Proforma invoice (for new vehicle) / Valuation report (for 2nd hand vehicle)
  • Comprehensive Insurance with Bank clause
  • Bank’s charge to be registered with RTO
  • Blank Transfer Forms

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ccbl@citizencreditbank.com

Citizencredit Co-operative Bank Ltd.
CITIZENCREDIT CENTRE
CTS No:236, Marve Road, Orlem,
Malad (W), Mumbai 400064

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