Owning a two-wheeler is no more a luxury today. With the increasing traffic on the roads and the hassles of commuting by public transport, commuting to work daily by your two-wheeler is now a necessity. Buying your dream bike may have been out of your budget till now, but with a two-wheeler loan, you can make this dream turn into a happy reality. What’s more, with a trusted name like Fullerton India, you get a 0 down payment bike loan if you meet their eligibility criteria. You can use their two-wheeler EMI calculator to calculate the EMI applicable on your bike loan. Let us now have a look at the eligibility criteria for getting a 0 down payment bike loan. 

Eligibility To Get A Bike Loan Without A Down Payment

• The loan applicant’s age should not be less than 18 years when applying for the loan, and under 65 years, at the maturity of the bike loan. 
• The applicant should be an Indian resident and should have been living at his current address for at least one year. 
• If you are a salaried employee, you should have a minimum work experience of one year and should meet the conditions as per Fullerton India’s policy when you apply for the loan. 
• The loan applicant has to submit these documents to be eligible for a 0 down payment bike loan:

• The last three months’ salary slips for a government employee and salary certificates including the deductions for a private employee.
• Form 16 copy
• Copy of Income Tax returns for self-employed applicants.
• KYC documents. 

By fulfilling the above eligibility criteria, you can get a 0 down payment bike loan from Fullerton India. Further, you can calculate your EMI using their online two-wheeler EMI calculator. 

Additional Read: Know How Two-Wheeler Loans Different from Car Loans?