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.
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
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
Hypothecation of New Two Wheeler being purchased
Bank's clause to be registered on the Vehicles RC Book and Insurance Policy
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.
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)