Most of the housewives, Teachers, Students likes to buy scooty (Two Wheeler). The On road rate of New Gearless scooty is more than 45,000/- so people wants to buy in EMI. Its easy to get your dream two wheeler with EMI Scheme. If you are a salaried person you can directly go to your nearest two wheeler showroom and approach the staff for Two wheeler loan. Even students also buy Two wheeler loan by providing your parents proof of income to the bank.
To Apply online for two wheeler loan visit your Banks website
The Interest rates of Tow wheeler loan varies from bank to bank. Some banks provide loan at 9% interest rate and some at 10.5%
To know more about HDFC Bank Two wheeler Loan Click here
To know more about SBI Two wheeler Loan Click here
SBI offers you: No Advance EMI; Lowest EMI; LTV 85% of On Road Price of vehicle; Interest Calculated on Daily Reducing Balance; Lowest interest rates ;Flexibility of payment of EMI anytime during the month; Low processing fee (only 1.22% of loan amount); Free Accidental insurance ; Optional SBI Life cover;