Online Two Wheeler Loan

How To Get An Online Two Wheeler Loan?

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You’ve found the bike of your dreams, but the price is too much. What you need is an online Two Wheeler Loan. It enables you to purchase the motorcycle or scooter of your dreams and to pay back the cost over time EMIs are a great option. Your ability to repay the two wheeler vehicle loan determines its terms, such as tenure, interest rate, and other conditions.

Features & Benefits

  • Easy Processing of Loan Documents
  • Get Access to Loan Amounts Up To Rs. 30 Lakh
  • Flexible And Attractive Interest Rates
  • Flexible Repayment Options
  • Instant Online Approval

Why Should You Go for an Online Two Wheeler Loan?

Not sure if an online Two Wheeler Loan is right for you? Listed below are some benefits to consider:

  1. Safety comes first and foremost – Getting your two-wheeler helps you drive safely as you don’t rely on a driver here.
  2. Feeling of Independence – When you drive your vehicle, you won’t have to rely on others or public transportation to get from one place to another, especially in an emergency.
  3. Easy Transportation – The days of waiting in a big line to board a bus, subway, local train, or auto rickshaw are over. With a Two Wheeler Loan, you can fund your bike purchase and enjoy convenient, on-demand transportation.
  4. No financial struggle – Bring home your ideal bike without using up your funds, and pay it off over a suitable tenure with simple EMIs. To apply, you need a few documents for two wheeler loan, such as – PAN Card, Aadhaar Card and driving license.

Must Read: Know the Relaxations Offered on Loan Against Property

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?