Why Two-wheeler Loans are a Smart Choice?

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Two-wheeler loans are becoming increasingly popular among consumers as a practical and efficient way to purchase motorcycles, which are a convenient and low-maintenance transport option. 

Applying for a quick two wheeler loan with flexible terms and straightforward repayment alternatives is possible. To get money right away, you can check your two-wheeler loan eligibility and apply online or offline.

Benefits of Fullerton India Two-Wheeler Loans

Below are some of the key characteristics and advantages of the two-wheeler loan provided by Fullerton India:

  • The paperwork procedure is simple and cost-free.
  • Digital approval is provided immediately.
  • Both salaried employees and self-employed people are eligible for two-wheeler loans.
  • Offers attractive interest rates.

Two-wheeler Loan Eligibility Criteria 

Below are the requirements that must be met to be eligible for a loan from Fullerton India:

  • The minimum age requirement to apply for a loan is 18.
  • When the loan expires, you must not be older than 65.
  • Salaried workers must spend at least a year working for a public sector organization, an MNC, or a private limited company.
  • Self-employed people must present at least one year’s income tax returns.
  • You must have a CIBIL score more than  700.
  • You must have resided at the place for at least a year and be an Indian resident.
  • It is necessary to submit the required KYC documents, identification proofs, age proofs, address proofs, most recent ITRs, etc.

Conclusion

Applying for a two-wheeler loan is a convenient process that can be done online. In addition, minimal documentation is required. Fullerton India provides competitive interest rates, and they also offer digital approval immediately.

Must Read: How to refinance a Personal Loan?

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