Get a Hassle Free Two Wheeler Loan Estimated reading time: 1 minute, 54 seconds

Get a Hassle Free Two Wheeler Loan

Posted on Friday, March 17th, 2017 | By IndusInd Bank

Have you been thinking of buying a two-wheeler? At IndusInd Bank, it is a simple process to get a loan for a two-wheeler of any brand, with attractive interest rates and easy repayment options as additional benefits.

Keeping these things in mind, get a fast and easy loan in no time:

  1. An easy online application process
  2. Instant approval
  3. Flexible repayment options
  4. Quick loan processing
  5. Simple documentation
  6. Attractive interest rates for all new and existing IndusInd Bank account holders

How to Apply:

  1. A two-wheeler loan can be applied for in minutes. Even if you are not an IndusInd Bank account holder, you will not face any difficulties.
  2. The loan offer is subject to field verification and submission of KYC documents by the customer.
  3. A bank loan officer would contact you shortly after the submission of your documents.

What is the Eligibility?

For Salaried Customers:

  1. Minimum age – 21 years (at the time of applying for the loan) and maximum age – 60 years (at the time of loan maturity)
  2. Minimum gross income of INR 10,000 per month
  3. A minimum of 1 year of total experience. Completion of a minimum of 6 months’ service in current employment at the time of application

For Self-Employed Customers:

  1. Minimum age – 21 years (at the time of applying for the loan) and maximum age – 60 years (at the time of loan maturity)
  2. A minimum net profit of INR 1,00,000 per annum
  3. A minimum of 3 years in business and 1 year in the same business

What Documents Does One Need?

For Salaried Customers:

  1. Borrower Identity – 1 Passport size photo
  2. Proof of Identity – Photocopy of Driving License/ Passport/ Voters ID / Aadhaar Card/ PAN Card
  3. Proof of Residence – Photocopy of any one of Driving License/ Passport / Voters ID /Aadhaar Card
  4. Bank statement of the last 3 months
  5. Income Proof – The previous month’s salary slip with regular salary credits seen in the bank statement

For Self-Employed Customers:

  1. Borrower Identity – 1 Passport size photo
  2. Proof of Identity – Photocopy of Driving License/ Passport/ Voters ID / Aadhaar Card/ PAN Card
  3. Proof of Residence – Photocopy of any one of Driving License/ Passport / Voters ID /Aadhaar Card
  4. Bank statements of the last 3 months
  5. Income tax returns of the immediate preceding financial year along with the computation of income for the assessment year

While applying for your two-wheeler loan from IndusInd Bank, a hassle-free and positive experience is guaranteed.