Two Wheeler Loan Eligibility

Best Indian Bike Companies That Are Still Making A Mark In The World

Several top Indian bike companies have made a significant impact on the global stage. These companies have not only produced high-quality bikes but have also facilitated easy access to two-wheeler loans for their customers.

Here are some of the prominent Indian bike companies that continue to make their mark:

  • Bajaj Auto: Bajaj Auto is one of the leading two-wheeler manufacturers in India, known for its innovative designs and reliable performance. Bajaj has collaborated with various financial institutions to offer easy-to-avail two-wheeler loans, enabling customers to purchase their bikes conveniently.

  • TVS Motor Company: TVS Motor Company is a renowned Indian motorcycle manufacturer recognized for its diverse range of bikes. They have tie-ups with banks and non-banking financial companies (NBFCs) to provide attractive loan options for potential buyers, making it easier for them to own a TVS bike.

  • Hero MotoCorp: Hero MotoCorp is the largest two-wheeler manufacturer in India and has a global presence. The company offers a wide range of motorcycles and scooters, and they have partnered with several banks and financial institutions to facilitate hassle-free two-wheeler loans for their customers.

  • Honda Motorcycle and Scooter India (HMSI): HMSI is a subsidiary of Honda Motor Company and is known for its high-quality bikes and scooters. They have tie-ups with various banks, enabling customers to avail themselves of two-wheeler loan with ease and convenience.

  • Royal Enfield: Royal Enfield is a legendary motorcycle manufacturer in India, famous for its retro-styled bikes with a cult following. They have collaborated with banks and financial institutions to provide attractive loan schemes, ensuring that aspiring Royal Enfield owners can easily finance their purchases.

These Indian bike companies have not only established their presence in the global market but have also prioritized making the ownership of their bikes more accessible through the provision of easy-to-avail two-wheeler loans.

Also Read: A Simple Guide to Checking Your Two Wheeler Loan Eligibility

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?