Ghaziabad is one of the largest and planned industrial cities of Uttar Pradesh. This is the reason the city witnesses a higher population. The major economic activities that take place here are the production of electronic goods, tobacco productions, transportation equipment, pottery making, industrial machinery, and dairy products. Due to all these productions, you will find that mostly the lower section is residing here. To commute from home to office daily, this section mostly looks for a two-wheeler. It is not possible for the lower section of society to buy a two-wheeler vehicle on its own.
There are banks and NBFCs available in Ghaziabad that offer two-wheeler loans to both salaried and self-employed individuals. The minimum income required by the applicant will be Rs. 50,000 per annum. Get a tenure of up to 60 months.
Features and benefits of Two-wheeler loans in Ghaziabad
The eligibility criteria to apply for Two-wheeler loans in Ghaziabad
The documents required to apply for Two-wheeler loans in Ghaziabad
The easiest modes to apply for two-wheeler loans in Ghaziabad
Most showroom owners or two-wheeler dealers have collaborated with the best of NBFCs and Banks to make the process of applying for two-wheeler loans in Ghaziabad hassle-free.
Bike manufacturers like Hero, TVS, and Bajaj have their own lending services through which they provide loans for their customers at competitive interest rates
Online there are many lenders available including banks and NBFCs, with whom one can apply for Two-wheeler loans in Ghaziabad. You will need to fill up the required details like address proof, Income proof, and identity proof as asked on the website. A bank/NBFC representative will come to your home to collect the necessary documents. The loan amount will be disbursed after document verification. This is the best way to get an instant eligibility check.
Fees / Prepayment Charges on Two Wheeler Loans in Ghaziabad
The Processing Fee required for availing Two Wheeler Loan in Ghaziabad is 3% of the loan amount (maximum).
The Payment Charges are simply processed from 3% to 10% of the outstanding principal.
And Prepayment Charges include:
Prepayment is not allowed within three months of EMI repayment.
How to apply for a two-wheeler loan in Ghaziabad?