Are you looking for a two-wheeler loan for buying a dream bike? But don’t know whom to approach? To help you, we are sharing details about IDFC First Bank Two-wheeler loans. The bank has designed one of the best two-wheeler loans to enable everyone in the country to own their motorcycle. The bank offers flexible EMI payment options and a low processing fee. With an interest rate starting at 9.99% p.a., you can avail of a loan and get your two-wheeler.
Key features of IDFC Two-wheeler loan
The eligibility criteria to apply for IDFC First Bank Two-wheeler loans
Use IDFC two wheeler loan EMI calculator to plan your EMIs
Now with the help of the IDFC two-wheeler loan EMI calculator, calculating EMI is quite simple. As soon you enter the down payment amount, tenure, and interest rate, you will get to know the exact bike EMI amount. The bike EMI calculator calculates the installment based on the balance being reduced. Processing fees or other charges may be imposed, which are not included in the bike EMI computed.
Here are the steps to follow
Document required to submit for getting two-wheeler loans
IDFC bank allows you to easily purchase a new bike on EMI with minimum documentation a fast and efficient application process. Once you have filled and submitted the online application form, you will be contacted by an IDFC representative, and he/she will help you take the next steps.
Once the representative from the bank contacts you, he/she will provide loan application assistance through the documentation process. The representative will explain how to upload documents online.
Buy the two-wheeler
Once the representative runs you through the process and your two-wheeler loan application has been processed, you will get your loan and you can purchase the two-wheeler of your choice.