Corporation Bank Two Wheeler Loan – Check Two Wheeler Loan Interest Rates, Eligibility, Documents, Processing Fee, Tenure, EMI Calculator, Features, Benefits.
TWO WHEELER LOAN – GET INSTANT LOAN QUOTES ONLINE
Corporation Bank Two-Wheeler Loan is specially designed to fulfil the credit needs of the individuals who are planning to buy new two-wheelers. It serves salaried individuals as well as people from the corporate sector and SMEs.
Corporation Bank Personal Loan is another service by the bank to make your life easy and convenient. Overcome your financial hurdles with grace and avail this personal loan facility at reasonable interest rates.
Registered in 1906, Corporation Bank started its functioning with just Rs 5000 as its capital. Since then it has expanded exceptionally, imbibing the latest in technology. The bank provides a full range of banking services with innovative products and continues to adopt modern technology for superior banking experience.
Let’s look at the various details of Corporation Bank Two Wheeler Loan:
Corporation Bank Two Wheeler Loan Rate of Interest
|Rate of Interest||12.55 % p.a.|
|Loan Amount||Rs 1 lakh per vehicle|
|Processing Fee||0.50%, minimum of Rs 500|
|Repayment Period||36 months|
Features of Corporation Bank Two Wheeler Loan
- Purchase new two wheelers with Corporation Bank
- Transparent and ethical services
- Loan amount up to Rs 1 lakh
- Hassle-free process
- Attractive interest rate
- Serves almost all segments of the society
- Repayment period up to 36 months
Who is Eligible for Corporation Bank Two Wheeler Loan?
- Permanent Salaried Employees
- HUFs Companies
- Partnership Firms
- Institutions etc.
Who can join as a Co-Applicant?
- Close Relative
- Salaried co-applicant who is confirmed in the service.
Corporation 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.
Security for Corporation Bank Two Wheeler Loan
- Hypothecation of vehicle purchased.
- Identity proof
- Address proof
- Valid driving license
- Salary Slips
- Income Tax Returns/Form 16
- Documents for KYC compliance
- Other documents as per the bank’s requirement