Required Documents For Two Wheeler Loan In India

Eligibility for Two Wheeler loan


Required Documents For Two Wheeler Loan For Salaried Person:

 

  • ID Proof: Passport / Photo Credit Card / PAN Card / Driving License / Voter ID / Identity Card with photograph of the applicant issued by Central & State Government Departments, PSUs.
  • Two new passport size photographs of the applicant.
  • Address Proof: Passport/Driving License/Voter ID/Utility Bill/Aadhaar Card/Bank Account or Post Office Savings Bank Account Details. It should only be computerized documents issued by PSU, Private Sector or MNC banks. / Property or municipal tax receipt; Address proof in the name of applicant's spouse or parents is acceptable
  • Applicant's last 3 months salary slip/Form 16/Latest ITR
  • Applicant's Last 3 month's bank statement is mandatory

 

Required Documents For Self Employed:

 

  • ID Proof: Pan Card/Voter's ID/Aadhaar Card/Passport/Driver's License
  • Two latest passport size photographs of the applicant.
  • Address Proof: Driving License/Voter ID/Passport/Utility Bill/Aadhaar Card/Bank Account or Post Office Savings Bank Account Details. Computerized documents issued by PSU, Private Sector or MNC Banks only. (All banks except Corporation Bank) / Property or Municipal Tax Receipt; Proof of address in the name of spouse or parents of the applicant is acceptable
  • Applicant's Latest Income Tax Return (ITR)
  • Applicant's Last 3 month's bank statement is mandatory



Eligibility Criteria for Bikes & scooter Loan:

 

  • Applicant should be 21 years of age (or 18 years with co-applicant) for Two Wheeler Loan at the time of application
  • OR
  • Less than or equal to 65 years at loan maturity
  • Applicant Should have stayed in the same city for minimum 1 year
  • Salaried and self-employed applicant's employment stability of minimum 1 year.
  • Postpaid mobile/Phone connection.

Read : Top 10 Electric Scooter in 2023

List of Top Auto Finance Companies in India

Following is the list of top auto finance companies in India:

  • State Bank of India
  • ICICI Bank
  • HDFC Bank
  • Bajaj Auto Finance Limited (BAFL)
  • Citibank
  • Bank of Baroda
  • Punjab National Bank
  • Kotak Mahindra Prime Limited (KMPL)
  • Sundaram Finance
  • United Bank of India
  • Canara Bank


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#Two wheeler Loan eligibility #Two wheeler loan best offer  #Eligibility for Two wheeler Loan 

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