Nainital Bank Two Wheeler Loan

 

Nainital Bank Two Wheeler Loan – Check Two Wheeler Loan Interest Rates, Eligibility, EMI Calculator, Documents, Processing Fee, Tenure, Benefits, Features.

With technology efficiency and financials, Nainital Bank lets its customers experience the prompt and personalised services. The bank offers the home loan, personal loan, deposit services and many more to the public.

TWO WHEELER LOAN – GET INSTANT LOAN QUOTES ONLINE

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Disclaimer: We do not provide Personal Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks

Nainital Bank Home Loan provides credit service to let you buy plots, construct your house or renovate it. The rate of interests is tempting to help you secure your dream house easily.

Nainital Bank Two Wheeler Loan is another loan service which lets you buy your new two-wheeler and speeds up your life. Check out this article for more details:

Nainital Bank Two Wheeler Loan Interest Rate

Product Existing Rate of Interest Effective rate of Interest based on MCLR
For Tenure 1 Year MCLR For Tenure 2 years MCLR For Tenure above 2 years MCLR
Suhana Safar 0.25% over base rate 0.70% over MCLR 0.40% over MCLR 0.25% over MCLR

Nainital Bank Two Wheeler Loan Amount Repayment Period

Repayment Period 84 months
Margin Minimum 10% of on road price
Minimum 15% of on road price
Loan Amount Maximum Rs 75 lakhs

Why Nainital Bank Two Wheeler Loan?

Two Wheeler Loan from Nainital can be used for the following purpose:

  • Purchase of new two wheelers
  • Repay the loan from other banks or any financial institution.

Features of Nainital Bank Two Wheeler Loan

  • Higher loan amount
  • Quick disbursal of loan
  • Convenient and hassle-free process
  • Loan for personal use as well
  • Attractive interest rate

Nainital Bank Two Wheeler Loan EMI Calculator

EMI Calculator is the online tool important for people applying for a loan. It not only generates the exact amount of payment but also let the borrower know how much loan amount would be feasible. Enter the loan amount, interest rate and the loan tenure, based on which EMI Calculator would calculate your monthly EMI. Hence, you can freely plan your month based on the amount of monthly outgo.

Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

Documents Required for Nainital Bank Two Wheeler Loan

  • Identity proof
  • Address proof
  • PAN card
  • Valid driving license
  • Complete details of collateral securities offered
  • Proforma invoice/valuation report
  • Latest salary slip
  • ITR/form 16

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