A two wheeler loan allows you to purchase your dream bike and pay for it in monthly instalments over a period of time. Get two wheeler finance at an affordable interest rates with quick processing at Bajaj Markets.
It is important to throughly evaluate the bike loan interest rate before you choose a two wheeler loan lender. Lower the interest rate, lower will be your monthly EMIs. Check the interest of our two wheeler loan providing partner and apply now.
The process of applying for a two wheeler loan online through Bajaj Markets is fairly easy. Simply, follow the below steps:
Fill in details pertaining to your identity and address
Feed information with bike details, dealer and the loan amount you need
Submit your applications, a representative will call you to take things forward.
at % interest rate for months
Identity Proof: PAN card, Voter ID, Passport and Driving License
Address Proof: Utility Bills, Passports, Government Issued-documents etc.
Income Proof: Salary slips, IT Returns, Bank A/c Statements, audited financial statements etc.
Minimum 18 and maximum between 65 to 70 years
Applicant should be resident of India
Salaried applicant should have atleast one year of job and self employed applicant should have IT returns for atleast 2 years
You can avail up to 95% of the bike amount as a two wheeler loan on Bajaj Markets.
Anyone can get a bike loan. But, they must be at least 21 years old and earn a minimum of ₹7000 per month and have been working with a company for at least 1 year.
If you fulfil the two wheeler loan eligibility criteria, you will not need a guarantor. However, if you think that you do not meet the criteria, you can get one on board. You can also present a guarantor to simply increase your chances of getting the loan.
Minimum down payment can be anywhere between 15-30% of the loan amount. It will depend upon the lender. The down payment amount will also depend on the cost of the bike and your own repayment capability.
You will need to first check your eligibility. If you satisfy the laid-out eligibility criteria, you can apply for a Scooty though Bajaj Markets through a quick and secure process.
Yes, you can get a bike loan as a student with no income, but you will need to get a guarantor on board. The guarantor, who will become the co-applicant, must fulfil the bike loan eligibility criteria and have a stable source of income.